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Stock Market Today

Tuesday, July 7 2015

Daily Updates

Stock Market Today: July 6, 2015

William G. Ferguson, Adam Rosner, Simon E. Shnayder | 07/06/2015

After opening sharply lower, the major U.S. Stock market indexes partially recovered in the late morning hours, helped, in part, by some encouraging U.S. economic data. Then the selling picked up again after the noon hour on the East Coast before some bargain hunters again returned late in the session and the losses were pared for the second time heading into the closing bell. The volatility was caused by Greece, which remains in the spotlight. Investors continued to weigh the implications of the country's recent default on its IMF loan and consider the possibility of its exit from the euro zone.

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Featured Commentaries View all

Markets Commentaries

Nonmanufacturing Activity Advances In June

William G. Ferguson | 07/06/2015

At 10:00 A.M. (EDT) this morning, we received another encouraging report on the U.S. economy when the Institute for Supply Management reported data on nonmanufacturing activity for the month of June. It marked the 65th consecutive month that economic activity in the services sector had grown.

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Stocks Highlights

Using A Value Line Report: Verizon Completes Its Acquisition of AOL

Paul E. Debbas, CFA | 07/02/2015

In June, Verizon Communications (VZ) completed a significant acquisition with the purchase of AOL for about $4.4 billion in cash. Using a Value Line report can help readers evaluate the merger, and the telecom company’s investment prospects.

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