Stock Market Today: January 17, 2020
Harvey S. Katz, CFA and Adam Rosner | 01/17/2020
The stock market opened higher this morning, but traded in sideways fashion for the remainder of the session. Sentiment was fairly upbeat earlier in the day, but at times the tone seemed subdued, as some fatigue may be starting to set in. At the end of the session, the Dow Jones Industrial Average was ahead 50 points; the broader S&P 500 Index was up 13 points, and the NASDAQ was higher by 30 points. Market breadth showed a mixed session, with advancing issues about even with decliners on the NYSE. The utilities, financials, and technology stocks pressed ahead, while the industrial names and basic materials issues lagged the pack.