The stock market got off to a mixed start today, and then drifted lower through much of the afternoon. At the close of trading, the Dow Jones Industrial Average was off 41 points; the S&P 500 Index was down five points; and the NASDAQ was largely unchanged. Market breadth was slightly negative, as decliners outnumbered advancers on the NYSE. From a sector perspective, the healthcare and technology issues advanced, while the financials and consumer cyclical names retreated.
Oil giant and Dow-30 member Chevron (CVX) begins 2017 with notable bottom-line recovery.
Exxon Mobil (XOM) stock up modestly after the company reports solid March-quarter earnings.