got off to a sluggish start
this morning, but have firmed up
to some extent. At just past noon in New York, the Dow Jones Industrial Average is ahead nine points; the S&P 500 Index is advancing four points; and the technology-heavy NASDAQ is higher by 19 points. The tone is generally favorable, as advancing issues are nicely ahead of decliners on the New York Stock Exchange. From a sector perspective, the energy stocks
are the primary
area of weakness
The U.S. stock market got off to weak start this morning
, but managed to pare its early losses, finishing selectively higher. At the close of trading, the Dow Jones Industrial Average was off five points; while the S&P 500 Index was roughly unchanged; and the technology-heavy NASDAQ was higher by 17 points.
The U.S. stock market headed notably higher today
, for a second straight session, helped by a late afternoon push. At the close of trading, the Dow Jones Industrial Average was up 120 points; the S&P 500 Index was higher by 15 points; and the technology-heavy NASDAQ was ahead 23 points.
The U.S. equity market
, licking its wounds after five-consecutive down sessions and the longest losing streak for stocks since January, rallied sharply today
in one of those typical Monday/Tuesday reversals. At least for the moment, investors looked past the problems in China—the Shanghai Composite, though down again overnight, finished well off of its intra-day nadir—and focused on mostly encouraging quarterly earnings results
stateside, including positive reports from two drug industry giants.
The bearish mood on Wall Street
that saw each of the major U.S. equity indexes fall over 2% last week continued today
. A steep drop in China’s stock market overnight and notable weakness on the Continent presaged a lower opening on these shores and that is exactly what we got. The major U.S. averages were sharply lower a few minutes into the session, and the selling remained heavy throughout the day.
penultimate trading week of July
, a seasonably warm weather month for most of the country, was a very chilly one for those long equities
. After a nondescript start to the five-day stretch on Monday, the selling picked up considerably over the remaining four days of trading, including today’s very weak performance.
After opening lower
, the major U.S. stock market indexes briefly attempted a recovery
before finding their way into decidedly weaker territory
by late morning, with the negative momentum accelerating
throughout the trading session
. Today’s performance was largely attributable to a number of lackluster earnings reports, including those from several blue chips. So far, the markets have declined every day this week, with the current earnings season
serving as the primary focal point.
Equities headed lower this morning
, and spent the remainder of the session in negative territory. At the close of day, the Dow Jones Industrial Average was off 68 points; the broader S&P 500 Index had lost five points; and the NASDAQ had surrendered 36 points.
The U.S. equity markets put in a weak session today
, as traders digested a few disappointing corporate reports. At the close of trading, the Dow Jones Industrial Average, which led the market lower, had declined 181 points; the broader S&P 500 Index had lost nine points; and the NASDAQ had surrendered 11 points.
The major stock indexes edged higher
to open the week
, after being up more for most of the day. Specifically, the session saw the large-capitalization stocks on the Dow Jones Industrial Average
14 points; the NASDAQ push nine points ahead; and the S&P 500 tack on two points. However, there were substantially more issues declining in value, versus the number rising, on both the New York Stock Exchange and the NASDAQ.