2010 Archive: Day Traders Diary
December 31, 2010
U.S. stock indexes opened lower on Friday as investors opted for taking profits in wrapping up a strong year of gains. The Dow Jones Industrial Average fell 9 points to 11,560. The Standard & Poor’s 500 Index declined a point to 1,256. The Nasdaq Composite dipped 3 points to... Read More
December 30, 2010
U.S. stocks traded slightly higher after the open on Thursday, as jobless claims fell to their lowest level in more than two years, helping offset disappointing data on Chinese manufacturing. The Dow Jones Industrial Average rose 4 points to 11,589. The S&P 500 index rose 88 cents to 1,260. The... Read More
December 29, 2010
U.S. stocks began higher on Wednesday, with equities extending a rise that has the Dow Industrials up more than 5% for the month, looking at double-digit gains for the year. The Dow Jones Industrial Average rose 31 points to 11,606. The Standard & Poor’s 500 Index rose 2 points to... Read More
December 28, 2010
U.S. stocks open modestly higher on Tuesday ahead of a consumer confidence number. The Dow Jones Industrial Average rose 15 points to 11,571. The Standard & Poor 500 Index gained a point to 1,259. The Nasdaq Composite added 2 points to 2,669. The US dollar is lower allowing the commodities... Read More
December 27, 2010
U.S. stocks opened lower Monday, with the Dow Jones Industrial Average retreating from a 26-month high, as Wall Street reacted to China’s interest-rate hike during the holiday weekend. The Dow Industrials dropped 50 points to 11,523. The Standard & Poor’s 500 Index fell 5 points to 1,251. The Nasdaq Composite... Read More
December 23, 2010
U.S. stocks open modestly lower on this last trading day before Christmas. The Dow Jones Industrial Average rose fractionally to 11,559. The Standard & Poor’s Index declined a point to 1,257. The Nasdaq Composite fell 3 points to 2,668. Last night Micron and Bed Bath & Beyond reported earnings. Micron... Read More
December 22, 2010
U.S. stocks wavered from opening gains as Wall Street tried to extend a winning streak that has the Standard & Poor’s 500 up for a fifth consecutive session. The Dow Jones Industrial Average dipped a point to 11,531. The S&P 500 inched up a point to 1,255. The Nasdaq Composite... Read More
December 21, 2010
U.S. stocks opened higher on Tuesday with sentiment bolstered by a round of corporate deals, including Toronto-Dominion Bank’s $6.3 billion purchase of Chrysler Financial. It’s getting a little crazy now that we go up every day. The Dow Jones Industrial Average rose 38 points to 11,516. The Standard & Poor’s... Read More
December 20, 2010
U.S. stocks opened higher on Monday as investors looked to extend its’ three-week advance into this holiday-shortened week. The Dow Jones Industrial Average rose 18 points to 11,510. The S&P 500 Index rose 3 points to 1,247. The Nasdaq Composite climbed 8 points to 2,651. One merger to announce... Read More
December 17, 2010
U.S. stocks on Friday opened modestly lower after the major averages retested the highs for the year or the last several days. 2010 has been pretty good to investors. The Dow Jones Industrial Average fell 21 points to 11,477. The S&P 500 Index fell a point to 1,241. The Nasdaq... Read More
December 16, 2010
U.S. stocks opened mildly higher on Thursday as better-than-expected economic data on the labor front countered disappointing results from economic bellwether FedEx. The Dow Jones Industrial Average rose 15 points to 11,472. The S&P 500 Index climbed 2 points to 1,238. The Nasdaq Composite rose 7 points... Read More
December 15, 2010
U.S. stocks wavered at Wednesday’s start, with investors questioning whether to continue a rise that has pushed the S&P 500 up for the last six sessions straight. Worries about Europe’s debt weighed after the rating agency Moody’s warned it might cut Spain’s credit rating. The Dow Jones Industrial Average inched... Read More
December 14, 2010
U.S. stocks on Tuesday opened with mild gains after the government reported U.S. retail sales were more robust than anticipated in November. The Dow Jones Industrial Average rose 33 points to 11,459. The S&P 500 Index gained 2 points to 1,243. The Nasdaq Composite added 6 points to 2,631. The... Read More
December 13, 2010
U.S. stocks on Monday opened higher, with Wall Street looking to extend two consecutive weeks of gains, as investors cheered another round of activity on the M&A front. The Dow Jones Industrial Average gained 22 points to 11,433. The S&P 500 rose 3 points to 1,244. The Nasdaq Composite inched... Read More
December 10, 2010
U.S. stocks began higher on Friday as economic data illustrated increased demand for American goods overseas. The Dow Jones Industrial Average rose 7 points to 11,377. United Tech is higher after reaffirming estimates. The S&P 500 Index climbed a point to 1,234 while the Nasdaq Composite rose 2 points to... Read More
December 9, 2010
U.S. stocks started mildly up on Thursday after the government offered better-than-expected data on the labor market. The Dow Jones Industrial Average rose 18 points to 11,390. The S&P 500 added 4 points to 1,232. The Nasdaq Composite climbed 10 points to 2,619. The broad market is performing well this... Read More
December 8, 2010
U.S. stocks sputtered Wednesday, with Wall Street opening in an indecisive fashion as investors gauged the impact of rising Treasury yields and a strengthening dollar. The Dow Jones Industrial Average declined a quarter of a point to 11358. The S&P 500 Index rose 2 points to 1226. The Nasdaq... Read More
December 7, 2010
U.S. stocks opened higher on Tuesday, with a compromise on extending tax cuts bolstering sentiment and removing the threat of larger tax withholdings heading into January. “Santa has definitely arrived,” Marc Pado, U.S. market strategist at Cantor Fitzgerald, wrote in a research note. The Dow Jones Industrial Average rose 84... Read More
December 6, 2010
U.S. stocks open mildly lower as worries about European debt subside and investors focus on Federal Reserve Chairman Ben Bernanke’s comments regarding the possibility to expand the Fed’s bond-buying program. The Dow Jones Industrial Average fell 26 points to 11,355. The S&P 500 Index dipped 2 points to 1,221.... Read More
December 3, 2010
U.S. stocks on Friday opened modestly lower after a disappointing November jobs report that had some questioning the data. “The market is going to react to it, but you do have to take it with a grain of salt,” said Marc Pado, U.S. market strategist at Cantor Fitzgerald. “Number one... Read More
December 2, 2010
U.S. stocks started mildly up on Thursday after weekly jobless claims rose more than expected, denting enthusiasm that came with higher-than-anticipated retail sales for November. After its biggest single-day jump in three months, the Dow Jones Industrial Average gained 26 points to 11,281. The S&P 500 added 3 points to... Read More
December 1, 2010
U.S. stocks started sharply higher to start December after economic data from around the globe helped equities rebound from a lousy November. The Dow Jones Industrial Average jumped 182 points to 11,188. The S&P 500 Index added 18 points to 1,198. The Nasdaq Composite climbed 45 points to 2,544. So... Read More
November 30, 2010
U.S. stocks opened steeply lower on Tuesday, taking the Dow Jones Industrial Average back under 11,000, as Europe’s fiscal issues weighed on sentiment. The Dow Jones Industrial Average fell 96 points to 10,955. The S&P 500 Index declined 11 points to 1,175. The Nasdaq Composite dropped 33 points to 2,491.... Read More
November 29, 2010
U.S. stocks opened lower on Monday after a bailout for Ireland did little to ease worry about Europe’s financial troubles. The Dow Jones Industrial Average fell 87 points to 11,004. The S&P 500 Index declined 10 points to 1,179. The Nasdaq Composite shed 17 points to 2,517. Another down open... Read More
November 26, 2010
U.S. stocks opened sharply lower Friday, as concerns over European sovereign debt and tensions between North and South Korea persisted, overshadowing the kick-off of the holiday shopping season. The Dow Jones Industrial Average fell 110 points to 11,077, with all but one of its 30 components trading lower. The S&P... Read More
November 24, 2010
U.S. stocks opened higher on Wednesday after economic reports cast a more optimistic light on the jobs front and consumer spending. The Dow Jones Industrial Average rose 94 points to 11,131. The S&P 500 Index climbed 10 points to 1,191. The Nasdaq Composite added 30 points to 2,525. Finally an... Read More
November 23, 2010
U.S. stocks fell sharply at the open Tuesday, as an exchange of fire between North and South Korea combined with ongoing worries about European debt rattled investors. The Dow Jones Industrial Average fell 117 points to 11,060. The S&P 500 index dropped 14 points to 1,184. The Nasdaq... Read More
November 22, 2010
U.S. stocks fell early on Monday, as Ireland’s application for a bailout failed to remove broader concerns about sovereign debt in the euro zone. The Dow Jones Industrial Average fell 54 points to 11,150. The S&P 500 index fell 4 points to 1,194. The Nasdaq Composite lost 3 points to... Read More
November 19, 2010
U.S. stocks opened lower Friday, retreating from their biggest single-day gains since November 4th. China is making news after ordering its banks to hold more cash in reserve to tame inflation. After Thursday’s 173-point rise, the Dow Jones Industrial Average fell 15 points to 11,165. The S&P 500 Index declined... Read More
November 18, 2010
U.S. stocks opened sharply higher Thursday with investors hopeful Ireland would receive funds to avert a financial crisis. The Dow Jones Industrial Average climbed 115 points to 11,123. The S&P 500 Index rose 13 points to 1,192. The Nasdaq Composite added 31 points to 2,507. Strength in the European... Read More
November 17, 2010
U.S. stocks opened tentatively higher with consumer companies fronting the rise after discount retailer Target projected robust holiday sales. The Dow Jones Industrial Average added half a point to 11,024. The S&P 500 Index rose a point to 1,179. The Nasdaq Composite added 7 points to 2,477. For a second... Read More
November 16, 2010
The correction is not over. U.S. stocks started lower on Tuesday after reports China would announce measures including price controls on food to slow the country’s rapid economic growth. This coupled will new financials concerns out of Ireland and Greece gave investors another reason to take profits after a great... Read More
November 9, 2010
U.S. stocks quickly lose the bulk of the opening gains Tuesday with the market struggling to find direction after hitting more than two-year highs last week. The Dow Jones Industrial Average fell 3 points to 11,403. The S&P 500 rose half a point to 1,223. The Nasdaq Composite added 2... Read More
November 8, 2010
U.S. stocks opened lower on Monday as the US dollar gained and investors decide to take some profits after the major averages touched new highs last week. The Dow Jones Industrial Average fell 48 points to 11,395. McDonalds is down a percent following disappointing same store sales. The S&P 500... Read More
November 5, 2010
U.S. stocks on Friday struggled to toss off opening losses after the government said employers added 151,000 jobs last month, more than double what economics had predicted. Shaking off mild losses, the Dow Jones Industrial Average added 4 points to 11,439. The S&P 500 rose a point to 1,222 while... Read More
November 5, 2010
November 5, 2010
U.S. stocks on Friday struggled to toss off opening losses after the government said employers added 151,000 jobs last month, more than double what economics had predicted. Shaking off mild losses, the Dow Jones Industrial Average added 4 points to 11,439. The S&P 500 rose a point... Read More
November 4, 2010
U.S. stocks scream higher thanks in part to the US greenback falling against other major currencies after the Fed announced their quantitative easing. The Dow Jones Industrial Average jumped 102 points to new highs for the year at 11,317. The S&P 500 gained 12 points to 1,210. The Nasdaq Composite... Read More
November 3, 2010
U.S. stocks opened tentatively higher Wednesday following the elections, but now Wall Street waits for the next move from the Federal Reserve this afternoon. The Dow Jones Industrial Average added 19 points to 11,208. The S&P 500 Index rose a point to 1,195. The Nasdaq Composite opened flat at 2,533.... Read More
November 2, 2010
U.S. stocks opened solidly higher on Tuesday as Americans cast their ballots in the midterm elections. The Dow Jones Industrial Average rose 76 points to 11,200. The S&P 500 added 8 points to 1,192. The Nasdaq Composite gained 21 points to 2,526. Plenty of earnings this morning. In the retail... Read More
November 1, 2010
U.S. stocks opened higher on Monday, receiving a boost from Chinese manufacturing data while investors geared up for midterms elections and an expected round of easing measures from the Federal Reserve. The Dow Jones Industrial Average rose 62 points to 11,181. The S&P 500 index gained 7 points to 1,190,... Read More
October 29, 2010
U.S. stocks opened mostly lower, with only the technology sector gaining after a report on economic growth showed tepid growth in the third quarter. The Dow Jones Industrial Average fell 14 points to 11,099. The S&P 500 Index fell a point to 1,182. The Nasdaq Composite gained 3 points to... Read More
October 28, 2010
U.S. stocks opened higher on Thursday as robust earnings and an unexpected decline in first-time jobless claims bolstered investor sentiment. “This morning’s 21,000 drop in weekly initial jobless claims to 434,000 is encouraging as it is the lowest level seen in several months. It provides another data point suggesting the... Read More
October 27, 2010
U.S. stocks opened lower on Wednesday on concerns the Federal Reserve might take a scaled approach to its delivery of quantitative easing measures. A stronger-than-expected report on orders for durable goods in September failed to turn the tide. The Dow Jones Industrial Average opened down 64 points to 11,104. The... Read More
October 26, 2010
U.S. stocks opened lower on Wednesday on concerns the Federal Reserve might take a scaled approach to its delivery of quantitative easing measures. A stronger-than-expected report on orders for durable goods in September failed to turn the tide. The Dow Jones Industrial Average opened down 64 points to 11,104. The... Read More
October 25, 2010
U.S. stocks extended Monday’s gains thanks to better than expected existing-home sales numbers and a drop in the US dollar. The Dow Jones Industrial Average rose 102 points to 11,235. The S&P 500 Index climbed 11 points to 1,194. The Nasdaq Composite added 23 points to 2,502. The commodities are... Read More
October 22, 2010
U.S. stocks made a shaky start to Friday’s trading session, supported by some stronger earnings reports but hemmed in by caution ahead of the weekend’s G-20 meetings. The Dow Jones Industrial Average slipped 2 points to 11,143. The S&P 500 gained 2 points to 1,182. The Nasdaq Composite rose 6... Read More
October 20, 2010
U.S. stocks rose at the open on Thursday as investors cheered a spate of upbeat earnings reports and a drop in jobless claims. The Dow Jones Industrial Average gained 51 points to 11,160. Among blue chips, Caterpillar, McDonald’s, and Travelers are higher following earnings. AT&T is modestly lower following earnings.... Read More
October 19, 2010
U.S. stocks fell sharply Tuesday, bringing the Dow industrials below 11,000 for the first time in a week, as spectacular earnings from the likes of Apple had already been priced in to the market. The Dow Jones Industrial Average fell 146 points, or 1.3%, to 10.996. The S&P 500 declined... Read More
October 18, 2010
U.S. stocks tallied modest Monday gains after an index of homebuilder sentiment climbed in October from the month before, the first rise in five months. The Dow Jones Industrial Average rose 38 points to 11,101. The S&P 500 Index inched up 2 points to 1,178. The Nasdaq Composite climbed 3... Read More
October 15, 2010
U.S. stocks opened higher on Friday as Federal Reserve Chairman Ben Bernanke reassured investors that further monetary easing is ahead and the economic data demonstrated an ongoing improvement with benign inflation. The Dow Jones Industrial Average rose 28 points to 11,122. The S&P 500 climbed 5 points to 1,179. The... Read More
October 14, 2010
U.S. stocks open modestly lower after economic data showed a weekly bounce in jobless claims and tame core inflation in September. After a four-session climb, the Dow Jones Industrial Average declined 20 points to 11,075. The S&P 500 fell 4 points to 1,174. The Nasdaq Composite declined 7 points to... Read More
October 13, 2010
U.S. stocks opened higher on Wednesday, extending gains into a fourth day, after a few industry giants reported results that bolstered sentiment. The Dow Jones Industrial Average rose 39 points to 11,059. The S&P 500 added 3 points to 1,173. The Nasdaq Composite climbed 10 points to 2,428. Better... Read More
October 12, 2010
U.S. stocks opened lower on Tuesday, bringing the Dow industrials back under 11,000, as a stronger U.S. dollar dented commodities and related shares. The Dow Jones Industrial Average fell 32 points to 10,978. The S&P 500 Index shed 4 points to 1,161. The Nasdaq Composite declined 6 points to 2,395.... Read More
October 11, 2010
U.S. stocks opened modestly higher Monday, extending gains for the Dow Industrial Average above 11,000. This week is the start of third quarter earnings season. The Dow Jones Industrial Average added 9 points to 11,016. The S&P 500 rose a point to 1,166. The Nasdaq Composite climbed 3 points to... Read More
October 8, 2010
U.S. stocks got off to a mixed start Friday after the September jobs report, which when viewed with its August revision, proved to be about in line with forecasts. The Dow Jones Industrial Average climbed 6 points to 10,954. The S&P 500 Index was off by a fraction at 1,157.... Read More
October 7, 2010
U.S. stocks opened higher Thursday after the government reported jobless claims fell last week. The Dow Jones Industrial Average rose 18 points to 10,986. The S&P 500 added 2 points to 1,162. The Nasdaq Composite gained 8 points to 2,388. The Labor Department’s data showing applications for unemployment benefits last... Read More
October 5, 2010
The major averages opened mixed this morning following disappointing data on the private jobs market ahead of the monthly employment report later in the week. The Dow Jones Industrial Average rose 10 points to 10,955. The S&P 500 opened flat at 1,160 while the Nasdaq Composite fell 3 points to... Read More
October 4, 2010
U.S. stocks edged lower on Monday as investors took a cautious stance before a slew of economic reports that could impact the Federal Reserve. The Dow Jones Industrial Average fell 7 points to 10,821. The S&P 500 declined a point to 1,144, while the Nasdaq Composite declined 6 points to... Read More
October 1, 2010
U.S. stocks on Friday opened the new quarter with gains after data pointed to robust manufacturing growth in China. The Dow Jones Industrial Average gained 67 points to 10,856. The S&P 500 Index rose 8 points to 1,149. The Nasdaq Composite climbed 18 points to 2,387. A good opening to... Read More
September 30, 2010
U.S. stocks opened higher Thursday after reports on U.S. economic growth and the labor market beat expectations. Up more than 8% this month, the Dow Jones Industrial Average stands to end with its best September performance in 71 years. The Dow industrials rose 61 points to 10,897. The S&P 500... Read More
September 29, 2010
U.S. stocks opened lower Wednesday as investors took back some of September’s robust gains heading into the end of the quarter. The Dow Jones Industrial Average fell 14 points to 10,845. HP is one of the few Dow Components trading higher after raising guidance last night. The S&P 500 Index... Read More
September 28, 2010
U.S. stocks wobbled lower Tuesday in a shaky start ahead of data on consumer confidence. The Dow Jones Industrial Average fell 8 points to 10,810. The S&P 500 dropped a point to 1,141. The Nasdaq Composite shed 6 points to 2,364. End of the quarter and we’re starting to see... Read More
September 27, 2010
U.S. stocks opened mildly lower on Monday, with Wall Street retreating some after last week’s strong gains, as health-care stocks in particular weighed on the market. The Dow Jones Industrial Average fell 2 points to 10,857. The S&P 500 declined a point to 1,147. The Nasdaq Composite declined 2 points... Read More
September 24, 2010
U.S. stocks opened strongly higher with the Dow industrials up more than 100 points even though the August manufacturing data was much weaker than expected. The Dow Jones Industrial Average jumped 142 points to 10,805. The S&P 500 rose 15 points to 1,140. The Nasdaq Composite climbed 33 points to... Read More
September 23, 2010
U.S. stocks opened solidly lower on Thursday after initial claims for jobless benefits rose last week. The Dow Jones Industrial Average fell 82 points to 10,657. The S&P 500 fell 9 points to 1,124. The Nasdaq Composite declined 16 points to 2,318. Frustrating market. The averages want to go higher,... Read More
September 22, 2010
U.S. stocks opened slightly higher Wednesday, with gains tilted towards gold and commodities as the dollar slumped in the wake of the Federal Reserve signaling it stood ready to provide more stimulus to stave off deflation and boost the economy. The Dow Jones Industrial Average gained 21 points to... Read More
September 21, 2010
U.S. stocks tallied mild declines at Tuesday’s start, with equities retreating after an extended climb ahead of the Federal Reserve’s meeting later in the day. The Dow Jones Industrial Average fell 5 points to 10,748. The S&P 500 declined a point to 1,141. The Nasdaq Composite fell 5 points... Read More
September 20, 2010
U.S. stocks opened higher on Monday, taking gains into a fourth week, with investors cheered by ongoing activity on the mergers-and-acquisitions front. The Dow Jones Industrial Average rose 20 points to 10,628. The S&P 500 climbed 2 points to 1,128. The Nasdaq Composite gained 4 points to 2,319. A number... Read More
September 17, 2010
U.S. stocks opened higher on Friday, with Wall Street’s enthusiasm rising after another burst of M&A and robust results from the technology sector. The Dow Jones Industrial Average gained 50 points to 10,645. The S&P 500 Index rose 5 points to 1,130. The Nasdaq Composite climbed 13 points to 2,316.... Read More
September 16, 2010
U.S. stocks opened mildly lower on Thursday after global shipper FedEx projected earnings for the second quarter and full 2010 came in beneath expectations. The Dow Jones Industrial Average fell 20 points to 10,552. The S&P 500 fell 3 points to 1,121. The Nasdaq Composite declined 2 points to 2,298.... Read More
September 15, 2010
U.S. stocks slid at Wednesday’s start after a report pointed to slowing growth in manufacturing in the New York region. The Dow Jones Industrial Average fell 22 points to 10,503. The S&P 500 Index shed 4 points to 1,116. The Nasdaq Composite declined 6 points to 2,283. A quiet morning... Read More
September 14, 2010
U.S. stocks started modestly lower on Tuesday after a four-session advance, with investors pausing after the Commerce Department reported retail sales climbed 0.4% in August. The Dow Jones Industrial Average fell 26 points to 10,517. The S&P 500 dropped 3 points to 1,118. The Nasdaq Composite declined 8 points to... Read More
September 13, 2010
U.S. stocks started higher on Monday with investor sentiment bolstered by a burst of corporate deals and after signs of robust economic growth in China. The Dow Jones Industrial Average added 81 points to 10,543. The S&P 500 Index climbed 10 points to 1,119. The Nasdaq Composite rose 22 points... Read More
September 10, 2010
U.S. stocks struggled and mostly failed to hold miniscule gains Friday ahead of U.S. wholesale data that should factor into final revisions for second-quarter economic growth. The Dow Jones Industrial Average fell 5 points to 10,409. The S&P 500 held a fractional gain to 1,104. The Nasdaq Composite declined nearly... Read More
September 9, 2010
U.S. stocks jumped at Thursday’s start, bringing the Dow industrials back into the black for 2010, as a drop in weekly jobless claims cheered Wall Street. The Dow Jones Industrial Average climbed 78 points to 10,465. The S&P 500 added 10 points to 1,109, while the Nasdaq Composite rose 19... Read More
September 8, 2010
U.S. stocks opened with modest gains Wednesday as Portugal’s successful auction of debt helped offset concern about European banks. The Dow Jones Industrial Average gained 36 points to 10,377. The S&P 500 rose 3 points to 1,095, while the Nasdaq Composite rose 12 points to 2,221. In the tech sector... Read More
September 7, 2010
U.S. stocks opened lower Tuesday, starting a holiday-cut week with new worries about the health of Europe’s banks unsettling investors. The Dow Jones Industrial Average fell 45 points to 10,401. The S&P 500 slid 6 points to 1,097. The Nasdaq Composite declined 8 points to 2,225. A quiet morning for... Read More
September 3, 2010
U.S. stocks opened with robust gains on Friday after the August employment report continued a recent trend of economic data coming in better than feared. The Dow Jones Industrial Average rose 108 points to 10,427. The S&P 500 climbed 12 points to 1,103. The Nasdaq Composite gained 29 points to... Read More
September 2, 2010
U.S. stocks struggled to retain slight gains at Thursday’s start, with weekly jobless data coming in a tad better than expected ahead of Friday’s August jobs report. The Dow Jones Industrial Average rose 3 points to 10,273. The S&P 500 added a point to 1,081. The Nasdaq Composite fell... Read More
September 1, 2010
U.S. stocks blasted higher to start the month of September, with optimistic data from China and Australia helping offset worries about the global economy. The Dow Jones Industrial Average rose 131 points to 10,146. The S&P 500 climbed 15 points to 1,064. The Nasdaq Composite added 36 points to 2,150.... Read More
August 31, 2010
U.S. stocks open lower once again as investors fretted over expectations that economic data would continue to cast a bleak light on the economy. The Dow Jones Industrial Average fell 48 points to 9,961. The S&P 500 Index shed 5 points to 1,043. The Nasdaq Composite declined 12 points... Read More
August 30, 2010
U.S. stocks opened mildly lower following modest improvement in personal income and personal spending data. The Dow Jones Industrial Average fell 19 points to 10,130. The S&P 500 Index declined a point to 1,063. The Nasdaq Composite shed 5 points to 2,148. A nice bounce on Friday has caused some... Read More
August 27, 2010
U.S. stocks opened higher on Friday, with Wall Street drawing initial cheer after the government’s estimate of second-quarter economic growth proved less dreary than anticipated. The Dow Jones Industrial Average rose 55 points to 10,041. The S&P 500 Index rose 5 points to 1,052. The Nasdaq Composite climbed 12 points... Read More
August 26, 2010
U.S. stocks opened modestly higher Thursday as investors embraced the first upbeat economic report in recent memory, with jobless claims dropping in the latest week. The Dow Jones Industrial Average 31 points to 10,091. The S&P 500 gained 4 points to 1,059. The Nasdaq Composite climbed 7 points to... Read More
August 25, 2010
U.S. stocks open modestly lower once again as investors digest a disappointing report on durable goods and braced for weak housing data. The Dow Jones Industrial Average fell 41 points to 9,998. The S&P 500 Index shed 4 points to 1,047. The Nasdaq Composite declined 10 points to 2,113. Only... Read More
August 24, 2010
U.S. stocks opened sharply lower Tuesday as investors around the globe fretted about the health of the global recovery and, Wall Street also readied for another report on the embattled housing market. The Dow Jones Industrial Average fell 100 points to 10,073. The S&P 500 Index declined 12 points to... Read More
August 23, 2010
U.S. stocks opened higher on Monday, following two weeks of declines on economic worries, as further signs of a revival in M&A activity emerged with Hewlett-Packard $1.6 billion counterbid for 3PAR. The Dow Jones Industrial Average gained 56 points to 10,270 with 26 of its 30 components advancing. The S&P... Read More
August 20, 2010
U.S. stocks fell further at the open Friday, adding to the sharp losses from the previous session which saw the latest batch of data continuing to signal a slowdown in the economy. The Dow Jones Industrial Average fell 53 points to 10,216, weighed down by a 1% drop in shares... Read More
August 19, 2010
U.S. stocks opened lower on Thursday after the Labor Department reported jobless claims rose unexpectedly last week, offsetting cheer that came with news that Intel was buying McAfee. The Dow Jones Industrial Average fell 38 points to 10,378. The S&P 500 declined 3 points to 1,090.... Read More
August 18, 2010
U.S. stocks opened lower Wednesday, with energy companies leading the retreat after an unexpected rise in U.S. supply had crude-oil futures lapsing under $75 a barrel. The Dow Jones Industrial Average fell 40 points to 10,364. The S&P 500 Index shed 4 points to 1,088. The Nasdaq Composite declined 11... Read More
August 17, 2010
U.S. stocks opened higher on Tuesday after an unexpectedly solid rise in the nation’s industrial output helped bolster sentiment. Solid earnings from retailers Walmart and Home Depot are also supporting equities. The Dow Jones Industrial rose 50 points to 10,352. S&P 500 gained 7 points to 1,086... Read More
August 16, 2010
U.S. stocks opened lower on Monday, extending a losing streak into a fifth consecutive session, as data from Japan furthered worries about the global economy. The Dow Jones Industrial Average fell 59 points to 10,243. The S&P 500 declined 6 points to 1,073. The Nasdaq Composite shed 11... Read More
August 13, 2010
Triskaidekaphobia or the fear of the number 13 particularly on a Friday. We’ll see if its good or bad luck for the major averages today. At least on the open, U.S. stocks opened slightly higher following a week of heavy losses, as the latest batch of reports on retail sales... Read More
August 12, 2010
U.S. stocks fell sharply at the open on Thursday, though they recovered a bit of ground, following broad losses overseas as rising concern over growth intensified after an unexpected rise in jobless claims. After slumping more than 100 points in the first minutes of trade,... Read More
August 11, 2010
U.S. stocks on Wednesday started sharply lower, with the Dow Jones Industrial Average falling 200 points, amid escalating worries about the global economy. The Dow Jones Industrial Average dropped 202 points to 10,441. The S&P 500 Index shed 23 points to 1,097. The Nasdaq Composite declined 57 points... Read More
August 10, 2010
U.S. stocks opened lower after data illustrated slowing growth in China and the United States. The Dow Jones Industrial Average fell 84 points to 10,614. The S&P 500 Index declined 9 points to 1,118. The Nasdaq Composite fell 25 points to 2,280. Nothing really looks good here... Read More
August 9, 2010
Stocks open modestly higher on Monday after McDonald’s better than expected July sales numbers overcome the weakness in HP. Gold and bond yields are higher as investors await the Federal Reserve’s policy-setting meeting
tomorrow. The Dow Jones Industrial Average gained 20 points to 10,673. The S&P
500 rose... Read More
August 6, 2010
U.S. stocks slumped at the open on Friday, after a bigger-than-expected drop in employment last month hit sentiment and revived concerns about the economy. The Dow Jones Industrial Average fell 70 points to 10,604, weighed down by more than 1% drops in shares of Hewlett-Packard, Home Depot, and... Read More
August 5, 2010
U.S. stocks opened lower on Thursday, with sentiment hit by an unexpected increase in weekly jobless claims, a day ahead of the key July employment report. The Dow Jones Industrial Average dropped 43 points to 10,637, weighed down by 1% decline in shares... Read More
August 4, 2010
U.S. stocks opened slightly higher on Wednesday, after a better-than-expected increase in private-sector employment helped lift hopes that the economy is recovering once again. The Dow Jones Industrial Average rose 14 points to 10,652, with 19 of its 30 components rising. The S&P 500 index gained 3 points to... Read More
August 3, 2010
U.S. stocks opened lower on Tuesday, following a big rally in the previous session, with sentiment soured by disappointing earnings from several firms, including Dow Chemical and consumer-products giant Procter & Gamble. The Dow Jones Industrial Average dropped 31 points to 10,646, weighed down by a... Read More
August 2, 2010
U.S. stocks opened sharply higher on Monday, as earnings helped continue July’s strong performance while investors eagerly awaited comments from Federal Reserve Chairman Ben Bernanke amid expectations the central bank might provide a further boost to a slowing economy. The Dow Jones Industrial Average gained 121 points... Read More
July 30, 2010
U.S. stocks fell sharply at Friday’s start after the government said economic growth was slower than estimated in the second quarter. “We don’t foresee a double-dip, but we do expected growth to slow even more markedly, to a 1.6% annualized rate in the second half of the... Read More
July 29, 2010
U.S. stocks on Thursday opened with solid gains, with the S&P 500 bouncing back after two down days. The jobless claims were not great, the corporate earnings were not spectacular, but investors are feeling better about the markets. A big boost to the optimism may be due to... Read More
July 28, 2010
U.S. stocks wavered after Wednesday’s start as corporate quarterly results supported sentiment even as orders for U.S.durable goods fell last month, countering expectations of a rise. The Dow Jones Industrial Average rose fractionally to 10,537. The S&P 500 declined nearly a point to 1,113. The Nasdaq Composite... Read More
July 27, 2010
U.S. stocks open higher once again after chemical maker DuPont added its name to the list of companies reporting results that topped forecasts. As one strategist put it, “The earnings are easily beating the street, taking away that double-dip scenario.” The Dow Industrials rose 35 points to... Read More
July 23, 2010
U.S. stocks slid at Friday’s start, with investors tentative ahead of European bank stress test results out at the lunch hour. The Dow Jones Industrial Average fell 26 points to 10,295. The S&P 500 Index dropped 4 points to 1,088. The Nasdaq Composite shed... Read More
July 22, 2010
U.S. stocks surged Thursday in cheering quarterly results from corporations including Caterpillar, 3M, and UPS. The Dow Jones Industrial Average rose 206 points to 10,327. The S&P 500 gained 24 points to 1,094. The Nasdaq Composite gained 53 points to 2,240. The economic data out this morning was... Read More
July 21, 2010
U.S. stocks surged Thursday in cheering quarterly results from corporations including Caterpillar, 3M, and UPS. The Dow Jones Industrial Average rose 206 points to 10,327. The S&P 500 gained 24 points to 1,094. The Nasdaq Composite gained 53 points to 2,240. The economic data out this morning... Read More
July 20, 2010
U.S. stocks opened sharply lower Tuesday after a plethora of companies have beat earnings estimates, but the quality of earnings are disappointing Wall Street and investors. The Dow Jones Industrial Average fell 126 points to 10,028. The S&P 500 dropped 12 points to 1,058. The Nasdaq... Read More
July 19, 2010
U.S. stocks opened modestly higher on Monday as Halliburton reported quarterly results that topped expectations, helping lift sentiment after the rout at the end of last week. The Dow Jones Industrial Average rose 55 points to 10,153. The S&P 500 Index climbed 5 points to 1,070.... Read More
July 16, 2010
U.S. stocks opened lower on Friday after Bank of America, Citigroup, and General Electric reported revenue below what Wall Street expected. The Dow Jones Industrial Average fell 57 points to 10,302. The S&P 500 Index dropped 8 points to 1,088. The Nasdaq Composite shed 14 points to 2,234. GE,... Read More
July 15, 2010
Beware of the ides of July. U.S. stocks began modestly lower Thursday after mixed economic data illustrated a slowing recovery. The Dow Jones Industrial Average fell 10 points to 10,356. The S&P 500 opened flat at 1,094, while the Nasdaq Composite fell 2 points to 2,247. The... Read More
July 14, 2010
U.S. stocks started mostly lower on Wednesday after six consecutive days of gains, with investors hesitant after soft June retail sales data. The Dow Jones Industrial Average fell 30 points to 10,332. The S&P 500 shed 4 points to 1,090, while the Nasdaq Composite rose 5 points... Read More
July 13, 2010
U.S. stocks started higher on Tuesday with investor sentiment lifted by a positive debt offering out of Greece and decent results from aluminum giant Alcoa and railway operator CSX. Extending gains into a sixth consecutive session, the Dow Jones Industrial Average rose 112 points to 10,328. The S&P... Read More
July 12, 2010
U.S. stocks turned slightly higher shortly after the open Monday, as the technology sector rose firmly following several broker upgrades ahead of earnings season. The Dow Jones Industrial Average rose 5 points to 10,203 led by a 1.7% gain in shares of Microsoft and a 1.4% gain in Hewlett-Packard.... Read More
July 9, 2010
U.S. stocks turned tentatively higher at the open due to renewed hopes about the global economy. Strong gains over the past three sessions have money managers optimistic about earnings season which starts next week. The Dow Jones Industrial Average rose a point to 10,139.83, led by a... Read More
July 8, 2010
U.S. stocks opened higher on Thursday, with investors heartened by news of a drop in jobless claims and reassuring comments from European Central Bank President Jean-Claude Trichet. The Dow Jones Industrial Average gained 80 points to 10,098, led by a 3% gain in shares of General Electric... Read More
July 7, 2010
U.S. stocks opened slightly higher on Wednesday, as gains in financial shares and energy helped offset continued worries about the global economy. The Dow Jones Industrial Average gained 20 points to 9,767 led by a 1.7% gain in shares of Cisco Systems. The S&P 500 index rose... Read More
July 6, 2010
U.S. stocks rallied at the start Tuesday as investors returned from a three-day weekend with abated worries about the global economy. The Dow Jones Industrial Average rose 105 points, or 1.1%, to 9,791. The S&P 500 gained 12 points to 1,035, with gains in all industry groups led... Read More
July 2, 2010
U.S. stocks opened modestly higher on Friday following a luke warm monthly jobs report which produced 83,000 jobs, but less than expected. The bottom line, the recovery is progressing but it seems to be very slow. Rising after six consecutive down days, the Dow Jones Industrial Average rose... Read More
June 23, 2010
June 23, 2010
U.S. stocks opened down slightly on Wednesday, while investors await data on housing and the Federal Reserve’s decision on interest rates in the afternoon. The Dow Jones Industrial Average fell 10 points to 10,282. The S&P 500 index fell a point to 1,094.... Read More
June 22, 2010
U.S. stocks opened higher on Tuesday, with investors setting aside concerns over European banks and turning to earnings in the consumer and technology sectors. The Federal Reserve also starts its two-day meeting on interest rates, although there’s not much they can do. The Dow Jones Industrial Average rose 20... Read More
June 21, 2010
U.S. stocks opened sharply higher on Monday after China said it would let its currency appreciate against the U.S. dollar. China has kept the yuan artificially low in a move that has boosted its exports and kept imported goods costly for its consumers. The Dow Jones Industrial... Read More
June 18, 2010
U.S. stocks edged higher at Friday’s start, with all three major indexes poised for weekly gains, with choppy trading likely due to a quarterly expiration of options and futures contracts. The Dow Jones Industrial Average rose 18 points to 10,452. The S&P 500 gained a point to 1,117.... Read More
June 17, 2010
U.S. stocks opened mildly higher on Thursday as a rise in weekly jobless claims dampened cheer over a largely successful bond auction by Spain. The Dow Jones Industrial Average rose 7 points to 10,417. The S&P 500 Index added a point to 1,115. The Nasdaq Composite... Read More
June 16, 2010
U.S. stocks opened lower on Wednesday after shipping giant FedEx offered a weak outlook and economic data did little to bolster sentiment. The Dow Jones Industrial Average fell 54 points to 10,350. The S&P 500 Index declined 5 points to 1,110. The Nasdaq Composite shed 9... Read More
June 15, 2010
U.S. stocks opened higher on Tuesday thanks in part to better than expected factory and retail sales numbers. The Dow Jones Industrial Average rose 62 points to 10,253. The S&P 500 Index climbed 7 points to 1,097. The Nasdaq Composite gained 15 points to 2,259. The broader market looks pretty... Read More
June 14, 2010
U.S. stocks opened firmly higher on Monday, lifted by hopes of global recovery after an upbeat economic report from the euro zone. The Dow Jones Industrial Average gained 62 points to 10,263, lifted by gains in shares of aluminum giant Alcoa and equipment-maker Caterpillar. The S&P 500 index... Read More
June 11, 2010
U.S. stocks started lower Friday, with consumer discretionary companies down the most, after an unexpectedly weak retail sales report. The Dow Jones Industrial Average fell 79 points to 10,093. The S&P 500 Index dropped 9 points to 1,077. The Nasdaq Composite declined 17 points to 2,200. The retail... Read More
June 10, 2010
U.S. stocks started lower Friday, with consumer discretionary companies down the most, after an unexpectedly weak retail sales report. The Dow Jones Industrial Average fell 79 points to 10,093. The S&P 500 Index dropped 9 points to 1,077. The Nasdaq Composite declined 17 points to 2,200. The retail... Read More
June 9, 2010
U.S. stocks started higher on Wednesday following through from yesterday as investors anticipate further talk of economic improvement from Federal Reserve Chairman Ben Bernanke. The Dow Jones Industrial Average rose 53 points to 9,993. The S&P 500 Index rose 6 points to 1,068. The Nasdaq Composite rose... Read More
June 8, 2010
U.S. stocks opened higher receiving a lift after Federal Reserve Chairman Ben Bernanke said he doesn’t expect a double dip recession in the U.S.. These comments and a firming in the European markets are helping soothe investors’ nerves. The Dow Jones Industrial Average gained 31 points to 9,848. The... Read More
June 7, 2010
The markets tally modest gains on Monday following the drumming on Friday due to the weak employment data. The Dow Jones Industrial Average added 45 points to 9,977. The S&P 500 Index rose 5 points to 1,070. The Nasdaq Composite gained 9 points to 2,228. The rally did... Read More
June 4, 2010
U.S. stocks opened sharply lower on Friday as investors contended with a disappointing May employment report and the further decline of Europe’s common currency. The Dow Jones Industrial Average fell 155 points to 10,099. The S&P 500 Index declined 19 points to 1,083. The Nasdaq Composite was off 40 points... Read More
June 3, 2010
U.S. stocks lightly pared Thursdays’ gains after the government said factory orders gained 1.2% in April and the Institute for Supply Management reported services industries expanded for a fifth month straight in May. The Dow Jones Industrial Average rose 48 points to 10,297. The S&P 500 Index gained 5 points... Read More
June 2, 2010
U.S. stocks began higher on Wednesday, with Wall Street offering a mild bounce back after a two-session losing streak. Stocks gained some ground as Europe’s common currency held above a four-year low reached on Tuesday. The Dow Jones Industrial Average gained 49 points to 10,073. The S&P 500 Index... Read More
June 1, 2010
U.S. stocks opened lower on Tuesday after the euro dropped to a four-year low as investors worried about issues including a slowdown in Chinese manufacturing. The Dow Jones Industrial Average dropped 69 points to 10,067. The S&P 500 Index dropped 8 points to 1,081. The Nasdaq Composite... Read More
May 28, 2010
U.S. stocks opened lower on the final trading day of May, the worst month of May since 1962. Weakness in the euro is causing the U.S. dollar to move higher hurting the major averages and commodities. The Dow Jones Industrial Average fell 29 points to 10,229. The S&P... Read More
May 27, 2010
U.S. stocks opened sharply higher on Thursday after China rejected talk that it might sell its holdings in European bonds. The Dow Jones Industrial Average rose 176 points to 10,150. The S&P 500 Index gained 20 points to 1,088. The Nasdaq Composite added 51 points to 2,247. The... Read More
May 26, 2010
U.S. stocks opened higher Wednesday after the prior day’s late surge. A healthy durable goods report also inspired buying on Wall Sreet. The Dow Jones Industrial Average rose 83 points to 10,127. The S&P 500 Index climbed 11 points to 1,085. The Nasdaq Composite added 28 points to... Read More
May 25, 2010
U.S. stocks dropped on the open, taking the Dow Jones Industrial Average below 10,000 for the first time since February. Investors are in a selling mood as worries escalate about Europe’s debt trouble and rising tensions in Korea. The Dow Jones Industrial Average fell 218... Read More
May 24, 2010
U.S. stocks opened lower Monday amid fresh concerns over global growth, though selling pressure was less heavy than in Europe where thin holiday volumes made for volatile trading conditions. The Dow Jones Industrial Average fell 90 points to 10,102. The S&P 500 index dropped 6 points to... Read More
May 21, 2010
U.S. stocks on Friday started to rally following a sharp opening drop, with investors reacting to a reverse higher by Europe’s common currency, the euro. Still on track for weekly losses of 5% and more, the major indexes edged up less than 1%. The Dow Jones Industrial... Read More
May 20, 2010
U.S. stocks opened lower on Thursday, extending losses into a third day, as investors sold a broad range of assets while watching Europe’s worsening sovereign debt crisis. The Dow Jones Industrial Average fell 188 points to 10,256. The S&P 500 Index declined 24 points to 1,090. The... Read More
May 19, 2010
U.S. stocks opened modestly lower on Wednesday as investors tracked the euro, which rebounded off a four-year low. The Dow Jones Industrial Average fell 45 points to 10,465. The S&P 500 Index declined 4 points to 1,116. The Nasdaq Composite dropped 6 points to 2,311. The averages are lower,... Read More
May 18, 2010
U.S. stocks opened higher on Tuesday, continuing Wall Street’s late bounce back the prior day, as Walmart Stores beat forecasts, as did housing starts. The Dow Jones Industrial Average rose 69 points to 10,694. The S&P 500 Index gained 8 points to 1,145. The Nasdaq Composite Index rose... Read More
May 17, 2010
U.S. stocks opened tentatively higher on Monday as caution prevailed amid worry over the health of the Europe’s economy and a 5% decline in the Shanghai Index. The Dow Jones Industrial Average rose 36 points to 10,656. The S&P 500 Index added 5 points to 1,141. The... Read More
May 14, 2010
U.S. stocks opened steeply lower on Friday with Europe’s debt debacle over-shadowing better than expected U.S. retail sales in April. The Dow Jones Industrial Average fell 95 points to 10,687. The S&P 500 Index shed 12 points to 1,144. The S&P 500 Index declined 30... Read More
May 13, 2010
U.S. stocks fell at Thursday’s start following great earnings from networking equipment giant Cisco Systems. The Dow Jones Industrial Average fell 53 points to 10,843. The S&P 500 fell 6 points to 1,165. The Nasdaq Composite shed 12 points to 2,412. Dow and Nasdaq component Cisco saw it’s shares... Read More
May 12, 2010
U.S. stocks rose modestly at Wednesday’s start, with investor focus shifting back to the U.S. economy after days spent on debt trouble in Europe. The Dow Jones Industrial Average rose 41 points to 10,788. The S&P 500 Index added 5 points to 1,160. The Nasdaq Composite Index... Read More
May 11, 2010
U.S. stocks dropped at Tuesday’s start as investors considered the ramifications of the near $1 trillion rescue plan devised by Europe. The Dow Jones Industrial Average fell 66 points to 10,718. The S&P 500 Index declined 9 points to 1,149. The Nasdaq Composite dropped 23 points to 2,351.... Read More
May 10, 2010
U.S. stocks shot higher after European Union leaders reached agreement on a nearly $1 trillion rescue package for their sovereign debt issues. The U.S. Federal Reserve also made comments indicating they would supply loans to overseas countries. The Dow Jones Industrial Average jumped 394 to 10,774. The... Read More
May 7, 2010
U.S. stocks turned higher on Friday after an opening slide, with Wall Street looking at weekly losses of as much as 5%, and investors on shaky ground after the prior session’s wild action. Although at some point today the markets will probably try to scare us.... Read More
May 6, 2010
U.S. stocks opened lower on Thursday, extending losses into a third day, as investors weighed the ongoing financial trouble in Europe. The Dow Jones Industrial Average fell 10 points to 10,857. The S&P 500 Index declined 2 points to 1,163. The Nasdaq Composite was off 4 points to... Read More
May 6, 2010
U.S. stocks opened lower on Thursday, extending losses into a third day, as investors weighed the ongoing financial trouble in Europe. The Dow Jones Industrial Average fell 10 points to 10,857. The S&P 500 Index declined 2 points to 1,163. The Nasdaq Composite was off 4 points... Read More
May 5, 2010
U.S. stocks opened lower on Wednesday, extending the prior session’s sharp decline, as investors worried about the escalating trouble in Europe. The Dow Jones Industrial Average fell 85 points to 10,841. The S&P 500 Index dropped 11 points to 1,162. The Nasdaq Composite shed 33 points to... Read More
May 4, 2010
U.S. stocks opened sharply lower as worries reignited over European national debts like Greece and more recently Spain. The Dow Jones Industrial Average fell 147 points to 11,004. The S&P 500 Index declined 16 points to 1,185. The Nasdaq Composite declined 47 points to 2,450. Even though... Read More
May 3, 2010
U.S. stocks rebounded to start the day following a crummy end to April. Better than expected consumer spending data is helping lift the averages. The Dow Jones Industrial Average rose 69 points to 11,075. McDonalds is up a percent on an upgrade. The S&P 500 added 8 points... Read More
April 30, 2010
U.S. stocks opened mixed following better than expected first quarter GDP numbers while the government is considering criminal charges against investment bank Goldman Sachs. The Dow Jones Industrial Average rose 17 points to 11,184. The S&P 500 Index fell a point to 1,205. The Nasdaq Composite declined a... Read More
April 29, 2010
U.S. stocks started higher on Thursday after the latest evidence that the economic recovery is gaining traction, with jobless claims down for a second week. The Dow Jones Industrial Average rose 66 points to 11,110. P&G is one of the few Dow components trading lower following earnings. The... Read More
April 28, 2010
U.S. stocks opened modestly higher on Wednesday after getting hit with its worst losses in nearly three months the prior day. Earnings keep flooding in better than expected. The Dow Jones Industrial Average rose 37 points to 11,029. The S&P 500 Index climbed 6 points to... Read More
April 27, 2010
U.S. stocks opened modestly lower on Tuesday ahead of investment bank Goldman Sachs Group’s testimony on Capitol Hill. The Dow Jones Industrial Average dropped 22 points to 11,182. Most Dow components are lower, however, 3M reported blow out earnings this morning causing the stock to... Read More
April 26, 2010
U.S. stocks opened modestly higher on Monday after heavy-equipment maker Caterpillar reported positive results and said the global economy is improving. The Dow Jones Industrial Average opened higher by 34 points to 11,238. The S&P 500 Index rose 2 points to 1,219. The Nasdaq Composite climbed 4 points... Read More
April 23, 2010
U.S. stocks open flat, but the news keeps coming in better than expected. The Dow Jones Industrial Average rose 5 points to 11,139. The S&P 500 Index opened flat at 1,208. The Nasdaq Composite held steady at 2,519. Plenty of spectacular earnings and upgrades this morning. In the financial... Read More
April 22, 2010
U.S. stocks opened steeply lower on Thursday with eBay among the companies offering disappointing outlooks. The Dow Jones Industrial Average fell 79 points to 11,045. The S&P 500 Index declined 12 points to 1,193. The Nasdaq Composite shed 27 points to 2,477. A couple hundred earnings reports to... Read More
April 22, 2010
U.S. stocks opened steeply lower on Thursday with eBay among the companies offering disappointing outlooks. The Dow Jones Industrial Average fell 79 points to 11,045. The S&P 500 Index declined 12 points to 1,193. The Nasdaq Composite shed 27 points to 2,477. A couple hundred earnings reports to... Read More
April 21, 2010
U.S. stocks opened slightly higher on Wednesday lifted by great earnings including Apple’s spectacular numbers out last night. The Dow Jones Industrial Average rose 19 points to 11,136. The S&P 500 Index climbed a point to 1,209. The Nasdaq Composite added 8 points to 2,508. Apple is jumping... Read More
April 20, 2010
U.S. stocks started higher on Tuesday after a round of mostly better-than-expected earnings, including results from Goldman Sachs. The Dow Jones Industrial Average rose 19 points to 11,111. The S&P 500 Index climbed 6 points to 1,203. The Nasdaq Composite gained 10 points to 2,490. The... Read More
April 19, 2010
U.S. stocks wavered between gains and losses in the early going on following better than expected earnings from Citigroup. The Dow Jones Industrial Average fell 4 points to 11,014. The S&P 500 Index fell 2 points to 2,189. The Nasdaq Composite fell 2 points to 2,478. Citigroup... Read More
April 16, 2010
Todays a day for profit-taking after six days in a row of gains. Worries about the future growth of Internet giant Google and the good earnings news priced into shares of Bank of America and GE have the averages selling off. The Dow Jones Industrial Average fell 13... Read More
April 15, 2010
U.S. stocks on Thursday started slightly lower after a five-day climb, with the market offering tepid reaction to mixed economic data. The Dow Jones Industrial Average fell 17 points to 11,105. The S&P 500 Index dropped a point to 1,209. The Nasdaq Composite held a fractional gain at... Read More
April 14, 2010
Earnings season is upon us and so far so good. Better than expected earnings from Intel and JP Morgan are helping push the S&P 500 above 1,200 for the first time since late September 2008. The Dow Jones Industrial Average added 31 points to 11,050. The S&P... Read More
April 13, 2010
U.S. stocks opened lower on Tuesday for the first day in four after aluminum giant Alcoa reported results short of Wall Street’s expectations. Back under 11,000, the Dow Jones Industrial Average fell 18 points to 10,987. The S&P 500 Index shed 2 points to 1,193. The Nasdaq Composite... Read More
April 12, 2010
U.S. stocks on Monday struggled to maintain opening gains ahead of the unofficial start of earnings season, which kicks off with aluminum giant Alcoa after the close. Trading at 18-month highs, the Dow Jones Industrial Average rose 12 points to 11,010. The S&P 500 Index climbed 2 points... Read More
April 9, 2010
U.S. stocks opened higher Friday for a second day of gains as worries about Greece’s debt ebbed. The energy sector paced the gains as crude oil neared $86 a barrel. The Dow Jones Industrial Average added 17 points to 10,944. The S&P 500 Index climbed 2 points to 1,188.... Read More
April 9, 2010
U.S. stocks opened higher Friday for a second day of gains as worries about Greece’s debt ebbed. The energy sector paced the gains as crude oil neared $86 a barrel. The Dow Jones Industrial Average added 17 points to 10,944. The S&P 500 Index climbed 2 points... Read More
April 8, 2010
U.S. stocks opened lower on Thursday amid on ongoing retreat after a near uninterrupted two-month streak of gains. The Dow Jones Industrial Average fell 38 points to 10,859. The S&P 500 Index declined 5 points to 1,176. The Nasdaq Composite Index dropped 11 points to 2,419. One group... Read More
April 7, 2010
U.S. stocks offered an opening dip on Wednesday with no economic data to drive momentum. Not far from the 11,000 level, the Dow Jones Industrial Average has been range-bound in recent days. On Wednesday, the Dow fell 37 points to 10,932. The S&P 500 Index declined 3 points... Read More
April 6, 2010
U.S. stocks started lower on Tuesday after two days of gains. Investors are anticipating the minutes from the Federal Reserve’s last policy meeting to be released this afternoon. The Dow Jones Industrial Average fell 37 points to 10,935. The S&P 500 Index declined 3 points to 1,183. The Nasdaq... Read More
April 5, 2010
U.S. stocks held their gains Monday after a trade group reported an 8.2% increase in pending home sales in February and another report showed improvement in the services sector in March. The Dow Jones Industrial Average rose 34 points to 10,961. The S&P 500 Index climbed 5 points to... Read More
April 1, 2010
U.S. stocks started strongly higher on Thursday, with commodities including oil and gold also rallying, after a fall in weekly jobless claims echoed positive data from overseas. Thoughts of increased global demand had energy and material companies rising. The Dow Jones Industrial Average rose 80 points to 10,936.... Read More
March 31, 2010
U.S. stocks opened lower on this last day of the first quarter. A payroll company ADP reported U.S. employers cut 23,000 jobs in March reversing anticipations of job gains. The Dow Jones Industrial Average fell 26 points to 10,880. Honeywell is up a percent after raising... Read More
March 30, 2010
U.S. stocks edged higher at Tuesday’s start after data showed home prices tallied their smallest yearly decline in almost three years in January. The Dow Jones Industrial Average rose 18 points to 10,913. The S&P 500 Index gained a point to 1,174. The Nasdaq Composite Index added 6 points... Read More
March 29, 2010
U.S. stocks started higher on Monday as investor sentiment improved on thinking the global economic recovery continues thanks in part to encouraging news out of Greece. The Dow Jones Industrial Average rose 42 points to 10,892. The S&P 500 Index climbed 5 points to 1,172. The Nasdaq Composite... Read More
March 26, 2010
U.S. stocks opened higher, with financials fronting the cross-sector gains, with sentiment lifted after European leaders reached accord on a rescue plan for Greece. The Dow Jones Industrial Average added 31 points to 10,872. The S&P 500 Index rose 4 points to 1,169. The Nasdaq Composite Index climbed... Read More
March 25, 2010
U.S. stocks opened strongly higher, with information technology shares pacing the cross-sector gains, after the government reported first-time jobless claims fell for a fourth straight week. The Dow Jones Industrial Average added 65 points to 10,901. The S&P 500 Index rose 8 points to 1,175. The... Read More
March 24, 2010
U.S. stocks tumbled at Wednesday’s start after two days straight of gains. A weaker than expected durable goods number and concerns regarding Greece and Portugal’s credit ratings are worrying investors. The Dow Jones Industrial Average fell 26 points to 10,862. Boring is bucking the trend, trading up... Read More
March 23, 2010
U.S. stocks on Tuesday struggled to maintain opening gains as investors waited for a report on home sales. The Dow Jones Industrial rose 10 points to 10,796. The S&P 500 Index opened flat at 1,165, while the Nasdaq Composite Index declined half a point to 2,394. The averages are quiet,... Read More
March 22, 2010
U.S. stocks opened lower on Monday with a rising dollar hitting commodities and related stocks. The Dow Jones Industrial Average fell 34 points to 10,707. Boeing is one of the few Dow components higher thanks to an upgrade. The S&P 500 Index declined 5 points to 1,154, with health... Read More
March 19, 2010
U.S. stocks rose towards new 17-month highs at the open on Friday. The Dow Jones Industrial Average rose 15 points to 10,796, led by a 3% advance in shares of Boeing. The aerospace giant said it will boost production rates of its two major commercial jet programs. The... Read More
March 18, 2010
U.S. stocks struggled at the start on Thursday with investors hesitating after an extended run higher. Early data showed inflation remained tame last month and new claims for jobless benefits fell last week. Extending gains into an eighth day in a row, the Dow Jones Industrial Average added... Read More
March 17, 2010
Happy St. Patrick’s Day. U.S. stocks opened higher on Wednesday amid ongoing cheer over the Federal Reserve maintaining its stance that should keep interest rates at record lows for much of the year. The Dow Jones Industrial Average rose 30 points to 10,716. The S&P 500 Index... Read More
March 16, 2010
U.S. stocks opened higher on Tuesday ahead of the Federal Reserve’s afternoon statement in which the central bank is expected to keep interest rates at historic lows. Up for a sixth day, the Dow Jones Industrial Average climbed 5 points to 10,647. GE continues to perform well... Read More
March 15, 2010
Beware of the Ides of March. U.S. stocks opened modestly lower on Monday following a nice run up last week and concerns that credit risk had grown. The Dow Jones Industrial Average fell 8 points to 10,616. The S&P 500 Index dipped 3 points to 1,146. The... Read More
March 12, 2010
U.S. stocks opened higher on Friday, with equities heading toward weekly gains, after an unanticipated hike in retail sales provided another indication that the economic recovery is continuing. The Dow Jones Industrial Average added 25 points to 10,637. The S&P 500 Index rose a point to 1,151. The Nasdaq... Read More
March 11, 2010
U.S. stocks opened modestly lower on Thursday after China reported a steep hike in inflation and fresh data showed the U.S. jobs market still on less-than-firm footing. The Dow Jones Industrial Average fell 19 points to 10,548. The S&P 500 Index declined 2 points to 1,142. The Nasdaq Composite... Read More
March 10, 2010
U.S. stocks opened slightly higher on Wednesday, with financial shares and the techs in the lead. The Dow Jones Industrial Average rose 14 points to 10,578. The S&P 500 Index climbed a point to 1,142. The Nasdaq Composite gained 4 points to 2,345. Within the financials Citigroup is... Read More
March 9, 2010
U.S. stocks started modestly lower on Tuesday, with natural-resource companies falling along with the price of oil and other commodities. The Dow Jones Industrial Average fell 7 points to 10,545. The S&P 500 Index declined 2 points to 1,136. The Nasdaq Composite Index was off 2 points at 2,331.... Read More
March 8, 2010
U.S. stocks started mildly higher on Monday as a new round of corporate deals helped bolster sentiment. The Dow Jones Industrial Average added 17 points to 10,583. The S&P 500 Index rose a point to 1,140 and the Nasdaq Composite Index climbed 2 points to 2,329. Metlife is... Read More
March 5, 2010
U.S. stocks opened higher on Friday after a better-than-expected jobs report for February lifted equities, commodities and the dollar. The Dow Jones Industrial Average added 53 points to 10,497. The S&P 500 Index gained 6 points to 1,129. The Nasdaq Composite Index climbed 11 points to... Read More
March 4, 2010
U.S. stocks opened modestly higher Thursday after weekly jobless claims data and improving retail sales lifted sentiment. The Dow Jones Industrial Average added 30 points to 10,427. The S&P 500 Index rose 2 points to 1,121. The Nasdaq Composite Index inched up a point to 2,282. The retail sector... Read More
March 3, 2010
U.S. stocks opened modestly higher Wednesday to extend gains into a fourth day as investors await Friday’s big employment report. The Dow Jones Industrial Average rose 11 points to 10,418. The S&P 500 added a point to 1,119. The Nasdaq Composite climbed a point to 2,282. Very little news... Read More
March 1, 2010
U.S. stocks open higher to start March after AIG agreed to sell their largest asset to Prudential for $35.5 billion. The Dow Jones Industrial Average climbed 45 points to 10,370. The S&P 500 Index added 5 points to 1,109 while the Nasdaq Composite Index rose 15 points... Read More
February 26, 2010
U.S. stocks opened in an indecisive fashion on Friday after insurer American International Group reported a worse-than-expected loss and the government said the economy grew at a more rapid pace than previously estimated in the fourth quarter. The Dow Jones Industrial Average fell 13 points to 10,307.... Read More
February 25, 2010
The markets dropped on the open due to an unexpected rise in weekly jobless claims and sovereign debt troubles overseas. The Dow Jones Industrial Average fell 158 points to 10,215. The S&P 500 Index declined 16 points to 1,088. The Nasdaq Composite Index dropped 33 points to 2,202. The... Read More
February 24, 2010
U.S. stocks opened higher on Wednesday as investors waited to hear Federal Reserve Chairman Ben Bernanke’s report to Congress. The Dow Jones Industrial Average rose 45 points to 10,327. The S&P 500 Index rose 5 points to 1,099. The Nasdaq Composite Index added 13 points to... Read More
February 23, 2010
U.S. stocks opened modestly lower on Tuesday following a flood of corporate earnings and ahead of a consumer confidence number. The Dow Jones Industrial Average fell 7 points to 10,375. The S&P 500 Index shed a point to 1,106. The Nasdaq Composite declined 5 points to 2,236. The... Read More
February 22, 2010
U.S. stocks opened higher on Monday, extending gains into a fifth day, with investor sentiment lifted by a large deal in the energy sector in addition to better-than-expected results from home-improvement retailer Lowe’s. The Dow Jones Industrial Average rose 2 points to 10,404. The S&P 500 Index... Read More
February 19, 2010
U.S. stocks opened moderately lower on Friday as investors reacted to the Federal Reserves move towards normalized lending. The Dow Jones Industrial Average fell 27 points to 10,365. The S&P 500 Index fell 4 points to 1,102. The Nasdaq Composite Index declined 8 points to 2,233. The losses... Read More
February 18, 2010
U.S. stocks open mixed following a report jobless claims unexpectedly rose while inflation increased more than forecasted last month. The Dow Jones Industrial Average inched up 3 points to 10,312. Walmart is down a percent even though they beat earnings estimates. The S&P 500 Index inched up half... Read More
February 17, 2010
U.S. stocks started higher on Wednesday after positive data on the housing market and better than expected earnings from equipment maker Deere. The Dow Jones Industrial Average added 35 points to 10,304. Deere is up 6% following earnings and an upgrade. The S&P 500 Index rose 3 points to... Read More
February 16, 2010
U.S. stocks opened strongly higher on Tuesday, with rising commodity prices pulling material and energy companies higher. European markets performed well this morning even though the debt of Greece remains a big issue. The Dow Jones Industrial Average added 71 points to 10,171. The S&P 500 Index rose... Read More
February 12, 2010
U.S. stocks on Friday opened steeply lower after China unexpectedly hiked bank reserve requirements, adding to worries for investors already concerned about a possible default by Greece. The Dow Jones Industrial Average fell 131 points to 10,012. The S&P 500 Index shed 13 points to 1,065. The Nasdaq... Read More
February 11, 2010
U.S. stocks tallied modest losses at Thursday’s start, with better-than-expected data on the jobs front pushing the dollar higher, with commodities and equities hit as a result. The Dow Jones Industrial Average declined 15 points to 10,022. The S&P 500 Index fell 2 points to 1,065. The Nasdaq Composite... Read More
February 10, 2010
U.S. stocks managed to open higher as progress is being made in Europe to aid Greece. Investors are also awaiting testimony from Federal Reserve Chairman Ben Bernanke later this morning. The Dow Jones Industrial Average rose 7 points to 10,065. The S&P 500 Index inched up half a... Read More
February 9, 2010
U.S. stocks rallied at the start on Tuesday on hopes Greece would get European assistance in combating its deficit. The Dow Jones Industrial Average rose 123 points to 10,032. The S&P 500 Index climbed 14 points to 1,071. The Nasdaq Composite Index gained 27 points to 2,153.... Read More
February 8, 2010
U.S. stocks opened lower on Monday, with industrial shares down the most, with equities continuing a negative correlation to the dollar, which edged higher. The Dow Jones Industrial Average fell 47 points to 9,964. The S&P 500 Index declined 3 points to 1,062. The Nasdaq Composite shed 5 points... Read More
February 5, 2010
U.S. stocks open lower once again following the biggest drop since April of last year. This mornings’ government unemployment report is drawing mixed reviews. “If you drill down a bit, there’s more good news than bad,” said Art Hogan, chief market strategist at Jefferies & Co. “We’re... Read More
February 4, 2010
U.S. stocks opened lower Thursday after a rise in weekly jobless claims dented hopes about Friday’s employment report for January. The Dow Jones Industrial Average fell 83 points to 10,186. The S&P 500 Index declined 10 points to 1,086. The Nasdaq Composite shed 15 points to 2,175.... Read More
February 2, 2010
U.S. stocks on Tuesday tilted mostly higher at the start ahead of data on the housing market and a plethura of earnings reports. The Dow Jones Industrial Average added 5 points to 10,190. The S&P 500 Index rose a point to 1,090. The Nasdaq Composite Index inched up... Read More
February 1, 2010
U.S. stocks rose firmly in early action Monday, with December income and spending data helping lift sentiment at the outset. The Dow Jones Industrial Average rose 62 points to 10,129. The S&P 500 index rose 7 points to 1,081, while the Nasdaq Composite rose 12 points to 2,159.... Read More
January 29, 2010
U.S. stocks opened modestly higher on Friday after investors received upbeat data on the economy and positive results from the technology sector. The Dow Jones Industrial Average gained 32 points to 10,153. The S&P 500 Index rose 3 points to 1,088. The Nasdaq Composite added 16 points to 2,195.... Read More
January 28, 2010
U.S. stocks on Thursday shed early gains to turn modestly lower as technology shares are weighed down by less than stellar earnings. The Dow Jones Industrial Average fell 32 points to 10,203. The S&P 500 Index declined a point to 1,095. The Nasdaq Composite shed 9 points to 2,211.... Read More
January 27, 2010
The major averages struggle at the start thanks in part to cautious comments out of Caterpillar following their earnings report. The Dow Jones Industrial Average added a point to 10,195. Caterpillar is down 7%, but Boeing is up 5% on earnings. The S&P 500 Index gained about two points... Read More
January 26, 2010
U.S. stocks on Tuesday opened modestly lower, with materials and energy shares hardest hit, as investors fretted over China’s moves to curb bank lending. The Dow Jones Industrial Average fell 7 points to 10,189. The S&P 500 Index declined 2 points to 1,093. The Nasdaq Composite Index shed 7... Read More
January 25, 2010
U.S. stocks started higher on Monday, with the market bouncing back from a three-day rout as investors gained confidence Federal Reserve Chairman Ben Bernanke would be approved for a second term. The Dow Jones Industrial Average rose 65 points to 10,238. The S&P 500 Index added 9 points to... Read More
January 22, 2010
U.S. stocks opened lower on Friday, extending losses into a third day, with concerns regarding the financials and the Chinese government making moves to cool its economy. The Dow Jones Industrial Average declined 20 points to 10,369. The S&P 500 Index fell a point to 1,114. The Nasdaq Composite... Read More
January 21, 2010
U.S. stocks opened tentatively higher on Thursday, with technology shares modestly higher ahead of results from Google. The Dow Jones Industrial Average climbed 4 points to 10,610. The S&P 500 Index rose 3 points to 1,141. The Nasdaq Composite Index was up 14 points at 2,306. Plenty of good... Read More
January 20, 2010
U.S. stocks fell sharply at the start thanks to disappointing housing data and profit taking following better than expected earnings. The Dow Jones Industrial Average fell 101 points to 10,623. The S&P 500 Index declined 9 points to 1,140. The Nasdaq Composite Index lapsed 20 points to 2,300. After... Read More
January 19, 2010
U.S. stocks shed opening losses to turn mildly up on Tuesday as investors braced for corporate earnings including results from IBM after the close. The Dow Jones Industrial Average rose 9 points to 10,619. The S&P 500 added 2 points to 1,148. The Nasdaq Composite Index... Read More
January 15, 2010
U.S. stocks on Friday opened mostly lower after mixed economic data and better than expected results from Intel and JP Morgan did little to bolster sentiment. The Dow Jones Industrial Average fell 26 points to 10,684. The S&P 500 shed 2 points to 1,145. The Nasdaq Composite... Read More
January 14, 2010
U.S. stocks were nearly flat after Thursday’s start as investors digested an unexpected drop in December retail sales and mixed data on the jobs front. The Dow Jones Industrial Average opened fractionally higher at 10,681. The S&P 500 Index inched up 50 cents to 1,145. The Nasdaq... Read More
January 13, 2010
U.S. stocks started higher on Wednesday, reversing course from the prior day’s decline, with sentiment lifted in part after food company Kraft raised its forecast for the year. The Dow Jones Industrial Average added 23 points to 10,650. The S&P 500 Index rose 2 points to 1,138. The... Read More
January 12, 2010
U.S. stocks fell at Tuesday’s start, with the materials sector dragged down by Alcoa’s disappointing results. The Dow Jones Industrial Average shed 55 points to 10,608. The S&P 500 fell 7 points to 1,139. The Nasdaq Composite Index shed 14 points to 2,297. Alcoa is down 8%... Read More
January 11, 2010
U.S. stocks opened higher on Monday after fresh data showed a big jump in Chinese exports in December. The Dow Jones Industrial Average added 17 points to 10,635. Alcoa is higher ahead of earnings tonight. Credit Suisse made positive comments this morning on the aluminum giant. The... Read More
January 8, 2010
U.S. stocks opened lower on Friday as investors registered initial dismay over a mostly disappointing jobs report. For the month of December the U.S. lost 80,000 jobs, however we did get a revised November employment number of a plus 4,000 jobs. The Dow Jones Industrial Average fell... Read More
January 7, 2010
U.S. stocks tallied mild opening losses on Thursday as resource-related shares fell along with the price of commodities including gold and oil. The Dow Jones Industrial Average fell 17 points to 10,556. The S&P 500 dropped a point to 1,136 while the Nasdaq Composite Index shed a point... Read More
January 6, 2010
U.S. stocks on Wednesday opened mixed following a softer-than-expected reading on jobs in the private sector. The Dow Jones Industrial Average declined a point to 10,570. The S&P 500 declined fractionally to 1,136. The Nasdaq Composite Index gained 5 points to 2,313. The tech sector is... Read More
January 5, 2010
U.S. stocks opened mildly lower on Tuesday, with investors stepping back after the prior day’s rally and ahead of economic data that includes reports on factory orders and pending home sales. The Dow Jones Industrial Average fell 26 points to 10,556. The S&P 500 Index declined... Read More
January 4, 2010
U.S. stocks on Monday started the year’s first day of trading higher, with energy shares rising the most as oil topped $80 a barrel. The Dow Jones Industrial Average added 87 points to 10,515. The S&P 500 Index gained 11 points to 1,126, while the Nasdaq Composite Index rose... Read More
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