The stock market
got off to a lackluster start this morning, and was unable to find much direction in the afternoon. Traders likely spent the day looking closely at the latest corporate earnings announcements, while also keeping an eye on developments in Washington. Of note, the Trump Administration revealed that it would unveil a tax reform plan shortly. However, limited details were provided. At the close of trading, the Dow Jones Industrial Average
was down 31 points; the S&P 500
was off seven points; and the NASDAQ
was lower by six points. Market breadth was slightly negative, with declining issues outpacing advancers by a narrow margin on the NYSE.
Equities opened higher
and continued to press ahead through the afternoon
, with just slight weakening into the close
. At the end of the session, the Dow Jones Industrial Average was ahead 174 points; the broader S&P 500 Index was up 18 points; and the NASDAQ was higher by 54 points.
were mixed on Wednesday, with the S&P 500
starting the day well in positive territory before the broad-based index shed value as the day wore on. The Dow Jones Industrial Average
was the biggest laggard on the day, while the tech-laden NASDAQ
was the most resilient large-cap grouping. The former was dragged down mostly by International Business Machines
(IBM), which reported a wide top-line decline in its quarterly report.
put in a choppy, and ultimately weak session today. At the close of trading, the Dow Jones Industrial Average
was down about 113 points; the broader S&P 500 Index
was off seven points; and the NASDAQ
was lower by seven points, as well. Decliners outpaced advancers on the NYSE, showing some underlying weakness to the session. The energy, healthcare, and basic materials issues moved lower, while some of the consumer stocks managed to advance.
opened higher this morning and managed to build on these gains through the afternoon. At the close of trading, the Dow Jones Industrial Average
was ahead roughly 184 points; the broader S&P 500 Index was up 20 points; and the NASDAQ
was higher by 52 points. Market breadth showed broadbased support for stocks, with winners nicely ahead of losers on the NYSE
. All of the major equity sectors moved ahead, with impressive gains in the financial and industrial names.
After an uninspiring few days of trading, U.S. stocks looked poised to finish the four-day week on a high note, as each of the three major indexes boasted gains through the first several hours of trading. Then, shortly after noon in New York, news broke that the United States had dropped a mega-bomb on Afghanistan, quickly sending the averages below the day’s breakeven line. The military action was the most recent chapter in what has been a highly active couple of days in the geopolitical arena. The breaking news overshadowed generally positive news from the business beat.
moved lower today as the headlines were once again dominated by high-level discussions between Russia and the United States over the future of Syria. At the close, the Dow Jones Industrial Average
was down 59 points; the NASDAQ
was off 31 points; and the S&P 500 dropped nine points. The broader market was also weak, with declining issues topping gainers by more than a two to one margin on both the New York Stock Exchange
and the NASDAQ
The major U.S. equities
were lower for most of Tuesday, continuing yesterday afternoon’s bearish tone amidst some increased concerns over geopolitical tensions
. The Dow shed as much as 100 points in the morning sell off before recovering somewhat in the early afternoon. The broad-based S&P 500 and NASDAQ followed a similar pattern, though neither came close to passing the breakeven threshold. Of course, with the Passover holiday underway, today’s movement has been exacerbated by reduced trading volume.
The U.S. stock market got off to a decent start this morning. However, as we pass the noon in New York, the major averages are pulling back quite a bit
. The Dow Jones Industrial Average is now down four points; the broader S&P 500 Index is up one point; and the NASDAQ is nominally lower. Market breadth is still favorable, with winners ahead of losers on the NYSE. Many of the major market sectors are also still in positive territory. The energy names are displaying leadership, helped by stronger crude oil prices.
Stocks traded lower this morning
and moved higher in the early afternoon
, but softened again late in the session
. At the close of trading
, the major averages
were all more or less back to the neutral line
, or slightly below. Market breadth was mixed, with winners roughly even with losers on the NYSE.