Stock Market Today: August 23, 2016
The U.S. stock market opened nicely higher this morning, but ended the session with more modest gains in the major averages. At the close of trading, the Dow Jones Industrial Average was up 18 points; the S&P 500 Index was ahead four points; and the NASDAQ was higher by 15 points. However, most stocks made progress today, as advancers were comfortably ahead of decliners on the NYSE. Essentially, all of the major market sectors made strides, with pronounced strength in the basic materials issues. The technology stocks also put in a solid performance. In contrast, the defensive utility group did not participate in today’s advance. Read more
Stock Market Today: August 22, 2016
The U.S. stock market opened lower this morning, but managed to recover considerable ground by the end of day. At the close of trading, the Dow Jones Industrial Average was down 23 points; the S&P 500 Index was off one point; while the NASDAQ was higher by six points. There was a mixed quality to the session, as decliners slightly outnumbered advancers on the NYSE. Read more
Stock Market Today: August 19, 2016
The U.S. stock market fell sharply at the start of the day, but managed to recover considerably as the session progressed. At the close of trading, the Dow Jones Industrial Average was down 45 points; the S&P 500 Index was off just three points; and the NASDAQ was roughly unchanged. There was a somewhat negative tone to the session, as decliners were slightly ahead of advancers on the NYSE. Furthermore, the major equity sectors were mixed. Read more
Stock Market Today: August 18, 2016
Stocks put in a choppy performance today. Specifically, the major averages advanced in the morning, pulled back in the early afternoon, but managed to finish the day in positive territory, with a late buying rush. At the end of trading, the Dow Jones Industrial Average was ahead 24 points; the S&P 500 Index was up five points; and the NASDAQ was higher by 11 points. In general, it was a constructive session, as advancers easily outnumbered decliners on the NYSE. Read more
Stock Market Today: August 17, 2016
The major U.S. equity averages, fresh off of yesterday’s profit taking, began the day again to the downside and actually extended the initial loses in mid-morning trading. However, unlike yesterday, the bears were not able to keep their hold on trading, with the buyers returning as we approached the release of the Fed minutes at 2:00 PM EDT. Read more
Stock Market Today: August 16, 2016
Stocks got off to a weak start this morning, and were unable to reverse course during the rest of the session. At the end of trading, the Dow Jones Industrial Average was down 84 points; the S&P 500 Index was off 12 points; and the NASDAQ was lower by 35 points. Read more
Stock Market Today: August 15, 2016
Equities opened higher this morning, and managed to build on these gains in the early afternoon, before pulling back slightly late in the day. At the end of the session, the Dow Jones Industrial Average was ahead roughly 60 points; the S&P 500 Index was higher by six points; and the NASDAQ was up 29 points. Read more
Stock Market Today: August 12, 2016
The major U.S stock market indexes were mixed but mostly lower in trading today, after having closed at record levels in the prior session. Those gains were spurred by healthy retail profits, a bounce in oil prices, and encouraging jobs data. In fact, the broader benchmarks have been on a tear over the past six weeks, or so, driving the Dow Jones Industrial Average and the S&P 500 up more than 6% on the year, and the NASDAQ up more than 4%. Read more
Stock Market Today: August 11, 2016
Stocks opened higher this morning, and managed to hold onto most of the gains through the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 118 points; the S&P 500 Index was up 10 points; and the NASDAQ was higher by 24 points. Read more
Stock Market Today: August 10, 2016
The major U.S stock market indexes traded mostly lower today amid oil-sector softness, mixed corporate earnings and investor uncertainty regarding recent economic data. All told, stocks ended the day lower, with the Dow Jones Industrial Average, the NASDAQ, and the S&P 500 down 37 points, 21 points, and six points, respectively. The advance/decline ratio was around negative 3-to-2 on the NYSE, with declining stocks outpacing advancing issues. Read more
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