Stock Market Today: August 26, 2016
Most stocks concluded the up-and-down week in the red, starting very strongly in the early session hours before dropping off around lunchtime in New York. But declining issues more-than doubled the number of gainers before a late-in-the-day buying spree drove more issues into positive territory at the close. Healthcare and utility stocks bounced back from early-week softness, while those in the basic materials, telecommunications, and utilities sectors fared particularly poorly. The indexes were more nuanced. The S&P 500, Dow Jones Industrial Average, and NASDAQ were down for most of the day until an upturn in the final hour turned the tech-laden latter’s fortunes around. By day’s end, the group had registered a seven-point gain. Read more
Stock Market Today: August 25, 2016
The U.S. stock market opened lower this morning, managed to rally in the early afternoon, but ultimately closed on a weak note. At the end of trading, the Dow Jones Industrial Average was down 33 points; the S&P 500 Index was off three points; and the NASDAQ was lower by five points. Nonetheless, market breadth was mixed, with advancers about even with decliners on the NYSE. Further, the main equity sectors put in a divided performance. Read more
Stock Market Today: August 24, 2016
The U.S. equity market was down from bell-to-bell today, with each of the three major indexes finishing in the red. The NASDAQ Composite was the biggest laggard, retreating 42 points (or 0.81%). The S&P 500 and Dow Jones Industrial Average dropped 66 points and 11 points, respectively. Each of the 10 major equity groups finished the day in negative territory. The basic materials sector shed the most value, largely negating what had otherwise been a strong start to the week for the commodities group. Meantime, a late-day selloff prevented the utility stocks from a winning session. At the closing bell, declining issues outnumbered the gainers by a more than 2.5-to-1 ratio on the New York Stock Exchange. Read more
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
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