Stock Market Today: December 9, 2016
The U.S. stock market moved notably higher today, with increased buying in the final hour of the session. At the close of trading, the Dow Jones Industrial Average was ahead 142 points; the S&P 500 Index was up 13 points; and the NASDAQ was higher by 27 points. Meanwhile, there was a somewhat mixed tone to the session, as advancers were just slightly ahead of decliners on the NYSE. Read more
Stock Market Today: December 8, 2016
Stocks managed to make further progress today. At the close of the session, the Dow Jones Industrial Average was up 65 points; the broader S&P 500 Index was ahead nearly five points; and the NASDAQ was higher by 24 points. Support for equities was fairly widespread, as winners easily outpaced losers on the NYSE. From a sector perspective, the financial and basic materials names forged ahead, while the consumer non-cyclical issues retreated. Read more
Stock Market Today: December 7, 2016
The U.S. equity market soared on Wednesday afternoon, following a modest run up in the morning hours with a sharp increase that sent both the S&P 500 and Dow Jones Industrial Average to all-time intraday trading highs. The latter adding more than 300 points as the closing bell approached in New York. Even the tech-heavy NASDAQ, which has been relatively choppy in recent weeks, registered a solid 85-point gain. Read more
Stock Market Today: December 6, 2016
The U.S. equity market got off to a slow start this morning, but managed to make progress later in the day. At the end of trading, the Dow Jones Industrial Average was ahead 37 points; the S&P 500 Index was up eight points; and the NASDAQ was higher by 24 points. Read more
Stock Market Today: December 5, 2016
Stocks logged another constructive session today. At the close of trading, the Dow Jones Industrial Average was up approximately 46 points; the S&P 500 Index was ahead 13 points; and the NASDAQ was higher by 53 points. There was a decidedly favorable tone to today’s trading, as winners easily outpaced losers on the NYSE. Further, all of the major equity sectors made strides. Leadership was found in the technology and basic materials issues, while the high-yielding utility issues logged more modest gains. Read more
Stock Market Today: December 2, 2016
The U.S. equity market got off to a constructive start this morning, pulled back in the afternoon, before ending the day on a mixed note. At the close of trading, the Dow Jones Industrial Average was down about 22 points, while the broader S&P 500 Index was ahead nominally, and the NASDAQ was higher by five points. Market breadth showed a largely divided session, as advancers were just slightly ahead of decliners on the NYSE. Read more
Stock Market Today: December 1, 2016
Equities put in a mixed session today. At the end of trading, the Dow Jones Industrial Average was higher by roughly 68 points, but the broader S&P 500 Index was off eight points, and the NASDAQ was down 73 points (well over 1% for the session). Market breadth was negative, as losers were well ahead of winners on the NYSE. Most equity sectors lost ground, with significant selling in the technology area. In contrast, the financial and energy stocks managed to advance moderately. Read more
Stock Market Today: November 30, 2016
U.S. stocks were mostly lower at the end of the day, after some afternoon profit taking negating some pockets of positivity from the morning hours. Investors are still digesting the incoming administration’s policies. And today’s market action seems to be in line with the post-election normal. The tech-heavy NASDAQ shed value throughout the day, stoked by ongoing trade-related ambiguity. The S&P 500 was mixed-to-positive for most of the day, until an afternoon economic release (discussed below) moderated these gains and dragged the average below the breakeven line. Finally, the Dow Jones Industrial Average rose above the 19,200 threshold several times throughout the day, before falling back in mid-afternoon and into the close. Read more
Stock Market Today: November 29, 2016
The U.S. stock market managed to move higher for much of the session, before paring its gains considerably in the final hour of trading. At the end of the day, the Dow Jones Industrial Average was ahead roughly 24 points; the broader S&P 500 Index was up three points; and the NASDAQ was higher by 11 points. There was a mixed quality to the market, as advancers were just about even with decliners on the NYSE. Read more
Stock Market Today: November 28, 2016
The U.S. stock market started off the new week on a lackluster note. At the close of trading, the Dow Jones Industrial Average was down roughly 54 points; the broader S&P 500 Index was off 12 points; and the NASDAQ was lower by 30 points. There was a negative tone to today’s session, with decliners easily outpacing advancers on the NYSE. Read more
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