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The stock market ended the last session of 2014 on a lower note. The S&P 500 lost 1.0%, but that did not stop the benchmark index from gaining 11.4% over the course of 2014. Meanwhile, the tech-heavy Nasdaq ended the session (-0.9%) and the year (+13.4%) ahead of the S&P... Read More
he stock market ended the Tuesday session on a broadly lower note. The Nasdaq Composite (-0.6%) was the weakest performer among the major averages while the S&P 500 (-0.5%) ended a bit ahead of the tech-heavy index. Equities began the day in negative territory and remained below their flat lines until... Read More
The stock market ended the Tuesday session on a broadly lower note. The Nasdaq Composite (-0.6%) was the weakest performer among the major averages while the S&P 500 (-0.5%) ended a bit ahead of the tech-heavy index. Equities began the day in negative territory and remained below their flat lines until... Read More
It was a full day of trading on Monday, yet the stock market acted like it was still on vacation. Volume was light and the major indices held to narrow trading ranges that bracketed the unchanged line for much of the session. The S&P 500 managed to eke out its seventh... Read More
The stock market added to its holiday gain with a Friday advance that was paced by the Nasdaq Composite (+0.7%). For its part, the S&P 500 (+0.3%) climbed to a new record high at 2,088.77 with seven sectors ending in the green. Although the major averages posted decent-sized gains, the advance... Read More
The stock market had the rug pulled out from under it as the Christmas Eve session headed for the close. The S&P 500 ended flat after surrendering a five-point gain while the Nasdaq Composite (+0.2%) outperformed. Equity indices started with slim gains and inched higher into the afternoon amid light volume,... Read More
The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.2%) rallied to new record highs on Tuesday with the Dow crossing above the 18,000 mark for the first time. However, widespread losses in the biotechnology group prevented the Nasdaq Composite (-0.3%) from taking part in the rally. Equity indices began the... Read More
Remember last week's rally effort following the pronouncement from the FOMC that it will be patient in raising the fed funds rate? Well, it's not over yet. The stock market on Monday continued its winning ways with each of the major indices adding to their gains. Both the Dow... Read More
The stock market capped a strong week with an advance that sent the S&P 500 higher by 0.5% to extend its weekly gain to 3.4%. The Dow Jones Industrial Average (+0.2%) underperformed today, but the price-weighted index still managed to add 3.0% for the week. After adding more than 88 points... Read More
U.S. equity futures trade sharply higher amid upbeat action overseas. The S&P 500 futures hover 25 points above fair value with the bulk of the gain coming after the start of the European session when the Swiss National Bank imposed a negative interest rate on deposits held at the span... Read More
The stock market ended the Wednesday session with solid gains that were paced by the Russell 2000. The small-cap index jumped 3.1% while the S&P 500 settled higher by 2.0% with all ten sectors registering gains. Equities climbed through the first half of action and saw an extension of their rally... Read More
The stock market endured a volatile session on Tuesday with investors keeping one eye on the oil market and one on the dollar/ruble exchange rate. The Russell 2000 (-0.1%) registered the slimmest decline while the S&P 500 settled lower by 0.9% after failing to hold its 100-day (1988) and 50-day... Read More
The major averages began the new week amid some old concerns. The S&P 500 settled lower by 0.6% while the Nasdaq Composite (-1.0%) underperformed, but most of the attention was directed to crude oil trading pits once again. After plunging nearly 4.0% on Friday and inviting questions about macroeconomic implications of... Read More
The major averages ended the week on a broadly lower note with the S&P 500 registering its first weekly decline in more than two months. The benchmark index fell 1.6% to widen its weekly loss to 3.5% while the Nasdaq Composite (-1.2%) displayed relative strength, but still lost 2.7% for... Read More
The stock market rebounded from Wednesday’s broad-based weakness, but the key indices slipped on an oil slick ahead of the close. The S&P 500 added 0.5% after being up as much as 1.5% intraday to narrow this week’s decline to 1.9%. The Thursday rebound likely included a short covering element as... Read More
The major averages ended the Wednesday session on a broadly lower note. The S&P 500 lost 1.6% with all ten sectors ending in the red while the Russell 2000 (-2.1%) underperformed. For the second day in a row, the major averages slumped at the start, but unlike yesterday, the key indices... Read More
The major averages ended the Tuesday session on a mixed note after starting the day with sharp losses. The Russell 2000 and Nasdaq Composite paced the rebound, climbing 1.7% and 0.5%, respectively, while the S&P 500 settled just below its flat line. The Dow shed 0.3% and was the weakest... Read More
The stock market slumped on Monday as the S&P 500 ended lower by 0.7% with seven sectors in the red. The price-weighted Dow (-0.6%) finished a little ahead of the benchmark index while the Nasdaq (-0.8%) and Russell 2000 (-1.3%) lagged. Equity markets around the world started the new week on... Read More
The Dow (+0.3%), Nasdaq (+0.2%), and S&P 500 (+0.2%) ended the Friday session near their flat lines, allowing the benchmark index to register its seventh consecutive weekly advance. The S&P 500 added 0.4% for the week, while the Russell 2000 (+0.8%) outperformed to extend its weekly gain to 0.7%. Also... Read More
The stock market ended the Thursday session on a modestly lower note ahead of Friday’s Nonfarm Payrolls report for November. The S&P 500 shed 0.1% while the Russell 2000 (-0.5%) underperformed. Thursday served as a perfect reminder for how dependent global equity markets have become on central bank stimulus. The... Read More
The stock market ended the midweek session on an upbeat note with the Russell 2000 (+1.0%) pacing the advance for the second day in a row. Meanwhile, the S&P 500 posted a more modest gain of 0.4% with seven sectors ending in the green. Similar to yesterday, equities were essentially left... Read More
The stock market enjoyed a broad rebound on Tuesday after starting the week with a Monday retreat. The S&P 500 settled higher by 0.6% while the Russell 2000 (+1.2%) displayed relative strength. Despite today’s outperformance, the small-cap index could only narrow its weekly decline to 0.4% while the S&P 500... Read More
The major averages began December on a lower note with relative weakness among cyclical sectors keeping the market under pressure throughout the day. The Nasdaq Composite (-1.3%) and Russell 2000 (-1.6%) paced the slide while the S&P 500 settled lower by 0.7% with eight sectors ending in the red. Equities faced... Read More
The stock market endured some post-Thanksgiving indigestion brought on by severe weakness in the energy sector (-6.4%). The S&P 500 (-0.3%) ended at its lowest point of the day while the Nasdaq (+0.1%) eked out a slim gain thanks to the absence of energy stocks within the tech-heavy index. Equities... Read More
The major averages ended the session near their best levels of the day with the Nasdaq Composite (+0.6%) finishing in the lead. The S&P 500 rose 0.3% to another record high while the Dow Jones Industrial Average (+0.1%) hovered near its flat line throughout the session. Meanwhile, the benchmark index spent... Read More
The stock market ended the Tuesday session on a flat note. The S&P 500 shed 0.1% after spending the day in a ten-point range while the other indices also settled near their unchanged levels. Despite the flat finish, equity indices rallied at the start after the second revision to Q3 span... Read More
The major averages kicked off the holiday-shortened week with an advance that was paced by the Russell 2000 (+1.2%). The small-cap index was followed by the Nasdaq Composite (+0.9%) while the Dow (+0.04%) and S&P 500 (+0.3%) ended closer to their flat lines. Stocks rallied out of the gate with upbeat... Read More
The major averages ended an upbeat week with modest gains despite pulling back from their early highs. The S&P 500 gained 0.5% while the Nasdaq Composite (+0.2%) underperformed. The stock marketand specifically equity futuresdonned their party hats in the early morning hours after two major central banks spiked the punchbowl.... Read More
The stock market ended the Thursday session on a modestly higher note despite a cautious start. The S&P 500 added 0.2%, ending at a fresh record at 2,052.75 while the Nasdaq Composite (+0.6%) and Russell 2000 (+1.1%) outperformed. Equities faced some pressure at the start after disappointing data from overseas led... Read More
The major averages ended the midweek session on a lower note with Tuesday’s leaderRussell 2000pacing the retreat. The small-cap index lost 1.1% while the S&P 500 surrendered 0.2% with seven sectors finishing in the red. The benchmark index slumped at the start due to notable losses among several heavily-weighted sectors. However,... Read More
The major averages ended Tuesday near their highs with the S&P 500 (+0.5%) registering its fifth consecutive advance. The benchmark index settled at a fresh record at 2,051.80 high while the Nasdaq Composite (+0.7%) outperformed after struggling yesterday. The Tuesday session began on an unassuming note, but the health care sector... Read More
The stock market began the new trading week on an unassuming note. The S&P 500 (+0.1%) added just over a point while the Nasdaq (-0.4%) and Russell 2000 (-0.8%) underperformed throughout the session. The benchmark index started under modest pressure, but was able to finish near its best level of day... Read More
The stock market followed the script on Friday of making a big statement by doing very little. The major indices held to tight trading ranges and didn’t venture that far from where they began the session. The market’s meandering disposition was a function of offsetting considerations that it is due for... Read More
U.S. equity futures trade modestly higher amid upbeat action overseas. The S&P 500 futures hover five points above fair value after spiking overnight. However, futures have ticked down from their highs and currently trade in the middle of their range. Treasuries hold slim losses with the 10-yr yield down one... Read More
The stock market ended the midweek session on a mixed note. The Nasdaq (+0.3%) and Russell 2000 (+0.5%) registered modest gains while the S&P 500 (-0.1%) settled just below its flat line. Equity indices began the day in negative territory, but the broad weakness was not brought upon by macroeconomic... Read More
The major averages ended the Tuesday session on a flat note after spending the trading day near their unchanged levels. The S&P 500 added 0.1% after maintaining a five-point range throughout the day. Today’s trading volume (600 million shares at NYSE) represented the lowest total since early September, but... Read More
The stock market began the new trading week on an unassuming note with the key indices registering modest gains. The S&P 500 added 0.3% while Russell 2000 (+0.5%) outperformed. Equity indices began the trading near their flat lines after the overnight session did little to change investor sentiment. China’s Shanghai Composite... Read More
The major averages ended Friday on a quiet note with the S&P 500 (unch) locking in a 0.7% gain for the week. Meanwhile, the tech-heavy Nasdaq (-0.1%) spent the duration of the day in negative territory to end the week unchanged. This morning, the latest Nonfarm Payrolls report revealed the addition... Read More
Equity indices registered modest gains on Thursday ahead of the Nonfarm Payrolls report for October (Briefing.com consensus 235,000), which will be released tomorrow. The S&P 500 added 0.4% with seven sectors ending in the green. The key indices spent the entire session in a slow and steady climb off their opening... Read More
The stock market registered a midweek gain with the S&P 500 climbing 0.6% to a fresh record high at 2,023.57. The benchmark index maintained a ten-point range while the Nasdaq Composite (-0.1%) spent the bulk of the day near its flat line. Equities climbed at the start after yesterday’s midterm elections... Read More
The major averages ended the Tuesday session on a mixed note. The Dow Jones Industrial Average (+0.1%) spent the bulk of the day near its flat line while the S&P 500 settled lower by 0.3%. Stocks were pressured from the start, but the early weakness could be traced back to Europe... Read More
The stock market had its issues on Monday, mostly because of what was happening outside the stock market. To that end, the dollar hit a seven-year high against the yen, crude futures slumped below $80/bbl, and economic reports from around the globe were mixed at best. On top of that,... Read More
The stock market finished the month of October with a broad rally that sent the S&P 500 higher by 1.2%. The benchmark index extended its October advance to 2.3% and ended at a fresh record high, while the Nasdaq Composite (+1.4%) outperformed to end October with a 3.1% gain. Stocks... Read More
The major averages ended the Thursday session on a higher note with the Dow Jones Industrial Average (+1.3%) spending the entire day in the lead. However, the strength among blue chips masked the underperformance of high-beta chipmaker and transport stocks. Furthermore, defensively-oriented health care (+1.8%) and utilities (+2.1%) finished in... Read More
The stock market ended the midweek session on a modestly lower note. The Nasdaq Composite (-0.3%) was the weakest performer while the S&P 500 shed 0.1% with seven sectors ending in the red. The benchmark index held a slim gain at the start, but spent the day in a slow retreat... Read More
The stock market rallied on Tuesday with the S&P 500 climbing 1.2%. Small cap names had an even better showing, sending the Russell 2000 higher by 2.9%. Equity indices climbed steadily throughout the day with the S&P 500 turning positive for the month of October. The index ended the day with... Read More
The stock market began the last week of October on a cautious note. The S&P 500 slipped below its 100-day moving average (1962) and settled lower by 0.2% while the Dow Jones Industrial Average (+0.1%) outperformed throughout the session. Equity indices faced selling pressure at the start, but the source of... Read More
The major averages capped a strong week with a rally that sent the S&P 500 higher by 0.7%. The benchmark index gained 4.1% for the week while the Nasdaq Composite (+0.7%) extended its weekly advance to 5.3%. Equity indices endured a shaky start with a handful of concerns factoring into... Read More
U.S. equity futures trade higher despite cautious action overseas. The S&P 500 futures hover almost 17 points above fair value after spiking off their lows at the start of the European session. Economic data received since yesterday’s close has been a supportive factor with headline Manufacturing PMI readings from... Read More
The stock market ended the midweek session on a lower note, causing the S&P 500 (-0.7%) to snap its four-day winning streak. The benchmark index slumped into the red during afternoon action while the Dow Jones Industrial Average (-0.9%) underperformed once again. Equity indices displayed modest gains in the early going,... Read More
The stock market enjoyed another broad-based advance on Tuesday with the S&P 500 (+2.0%) posting its fourth consecutive gain. The benchmark index made its biggest jump in more than a year and recaptured its 200-day moving average (1906.95) while the Nasdaq Composite (+2.4%) outperformed throughout the session. Equity indices began... Read More
Equity indices finished the first session of the week near their highs with the Nasdaq Composite (+1.4%) leading the way. The S&P 500 (+0.9%) settled a bit behind the tech-heavy index while the Dow Jones Industrial Average (+0.1%) struggled to turn positive. The price-weighted Dow spent the bulk of the session... Read More
The stock market capped a cautious week with a rally that sent the S&P 500 higher by 1.3%. The Russell 2000 (-0.3%) underperformed, but the small-cap index still ended the week higher by 2.8% versus a 1.0% decline for the S&P 500. Equities spiked at the start of the session after... Read More
The major averages endured another whipsaw session that ended with a flat finish for the S&P 500 while the Russell 2000 (+1.1%) registered its second consecutive advance. The price-weighted Dow was the weakest performer of the day with a loss of 0.2%. Equity indices tumbled out of the gate for the... Read More
The stock market endured another rough session, but the major averages managed to climb off their worst levels of the day ahead of the close. The S&P 500 lost 0.8% while the Russell 2000 rose 1.0% after showing relative strength throughout the session. Equity indices stumbled out of the gate to... Read More
The stock market snapped its three-day skid with small caps pacing the Tuesday rebound. The Russell 2000 jumped 1.2% while the S&P 500 added 0.2% with eight sectors ending in the green. However, the advance masked an afternoon slide from intraday highs that caused the Dow to end flat. Equity indices... Read More
The stock market began the new week on a defensive note despite showing some intraday strength. The S&P 500 lost 1.7% with all ten sectors ending in the red while the Russell 2000 (-0.4%) held up a bit better. Equity indices slumped in the early going amid weakness in groups that... Read More
The stock market finished a defensive week on a cautious note. The S&P 500 lost 1.2% while the Nasdaq Composite (-2.3%) lagged throughout the session. The two indices ended the week with respective losses of 3.1% and 4.5%. The key indices were pressured from the start amid big losses in the... Read More
The stock market followed Wednesday’s sharp rally with an even sharper slide that clipped all ten sectors. The S&P 500 lost 2.1% and slid back below its 100-day moving average (1962.28) while the Russell 2000 tumbled 2.7%. Equities began the trading day with modest losses, but the energy sector (-3.7%) was... Read More
The stock market ended the Wednesday session on an upbeat note despite enduring a shaky start. The S&P 500 spiked 1.8% with the bulk of the gain coming after the release of the FOMC minutes from the September meeting. Equity indices began the day near their flat lines following another... Read More
U.S. equity futures hold modest losses amid cautious action overseas. The S&P 500 futures hover six points below fair value after spending the entire night in negative territory. Futures slumped following a disappointing Industrial Production report from Germany (-4.0%; expected -1.5%), which has pressured the euro back below the 1.2600... Read More
It was a good start for the stock market today and that was about it. The major indices hit their best levels of the session within fifteen minutes of the opening bell and then spent the rest of the morning retracing those gains. The afternoon session produced a half-hearted rebound... Read More
he major averages finished a defensive week on an upbeat note. The S&P 500 gained 1.1% with nine sectors ending in the green. The rally helped the benchmark index narrow this week’s decline to 0.8% after being down near 3.0% at its lowest point on Thursday. Equities received a morning... Read More
The major averages ended the Thursday session on a flat note despite showing broad-based weakness in the early going. The S&P 500 ended unchanged with four sectors in the green. Equity indices started the day near their flat lines, but commenced their retreat once European Central Bank President Mario... Read More
The stock market began October and the fourth quarter on a defensive note. The major averages spent the day in a steady decline with the Nasdaq Composite leading the slide. The tech-heavy index lost 1.6%, while the S&P 500 (-1.3%) sliced through its 100-day moving average (1958) with nine sectors... Read More
The stock market finished the third quarter on a cautious note with small caps leading the retreat. The S&P 500 shed 0.3% to narrow its Q3 gain to 0.6%, while the Russell 2000 (-1.5%) widened its quarterly loss to 7.7%. Equity indices endured another volatile affair after the S&P 500 alternated... Read More
The stock market began the new week on a cautious note. The S&P 500 lost 0.3%, but managed to erase more than half of its opening decline. Thanks to the rebound, the benchmark index reclaimed its 50-day moving average (1976.78) after slipping below that level in the morning. Equities slumped at... Read More
Equity indices finished a cautious week on an upbeat note. The S&P 500 (+0.9%) and Nasdaq (+1.0%) reclaimed their 50-day moving averages, while the Dow Jones Industrial Average (+1.0%) was able to turn positive for the month (+0.1%). However, today’s rally did not feature the same conviction as yesterday with... Read More
The stock market endured a broad-based retreat on Thursday that pressured the Nasdaq (-1.9%) and the S&P 500 (-1.6%) below their 50-day moving averages, while the Dow (-1.5%) notched a session low just above that mark. All ten sectors were encompassed in the slide with eight groups posting losses of... Read More
The stock market ended the midweek session on an upbeat note despite enduring a shaky start to the day. The S&P 500 rose 0.8% with nine sectors posting gains, while the Nasdaq Composite (+1.0%) outperformed. Equity indices spent the initial 90 minutes of action near their flat lines with the S&P... Read More
The stock market finished the Tuesday session on the defensive after spending the entire day in a steady retreat. The S&P 500 (-0.6%) posted its third consecutive decline, while the small-cap Russell 2000 (-0.9%) slipped behind the broader market during afternoon action. Equity indices were pressured from the start following some... Read More
The stock market began the new trading week on the defensive note with small-cap stocks pacing the retreat. The Russell 2000 (-1.4%) and Nasdaq Composite (-1.1%) displayed relative weakness, while the S&P 500 lost 0.8% with all ten sectors ending in the red. Global equities began showing some cracks overnight... Read More
The stock market finished an upbeat week on a mixed note. The S&P 500 shed less than a point, ending the week higher by 1.3%, while the Dow Jones Industrial Average (+0.1%) cemented a 1.7% advance for the week. High-beta names underperformed, which weighed on the Nasdaq Composite (-0.3%) and... Read More
U.S. equity futures trade modestly higher amid upbeat action overseas. The S&P 500 futures hover seven points above fair value after climbing to highs after the start of the European session. That is somewhat fitting considering Europe, and specifically Scotland, will be in focus this evening with the referendum on... Read More
The major averages ended the midweek session with slim gains after showing some intraday volatility in reaction to the release of the latest policy directive from the Federal Open Market Committee. The S&P 500 added 0.1%, while the relative strength among small caps sent the Russell 2000 higher by 0.3%. Equities... Read More
The major averages posted solid gains ahead of tomorrow’s policy directive from the Federal Open Market Committee. The S&P 500 rallied 0.8%, while the Russell 2000 (+0.3%) could not keep pace with the benchmark index. Equity indices hovered near their flat lines during the first two hours of action, but surged... Read More
The stock market welcomed the new trading week with a mixed session that saw relative strength among large-cap stocks, while high-beta names underperformed. The Dow Jones Industrial Average (+0.3%) and S&P 500 (-0.1%) finished near their flat lines, while the Nasdaq Composite and Russell 2000 both lost 1.1%. Equities began the... Read More
Equity indices extended this week’s losses with a broad-based retreat. The S&P 500 fell 0.6% to end the week lower by 1.1%, while the Russell 2000 (-1.1%) finished with a 0.9% decline since last Friday. Staying true to the theme observed throughout the week, the energy sector (-1.5%) tumbled out of... Read More
U.S. equity futures hover near their pre-market lows amid cautious action overseas. The S&P 500 futures hover eight points below fair value after spending the entire night in negative territory. Last evening, President Obama announced the U.S. will lead a coalition effort aimed at defeating ISIS militants in Iraq... Read More
The stock market ended the midweek session on an upbeat note with the Nasdaq Composite providing leadership. The tech-heavy index advanced 0.8%, while the S&P 500 added 0.4% with seven sectors posting gains. Equities were driven into the red shortly after the open due to notable weakness in the energy sector.... Read More
The major averages ended the Tuesday session on their lows with the S&P 500 sliding 0.7%. Small-cap stocks outperformed yesterday, but the Russell 2000 erased Monday’s uptick with a 1.2% decline. Equity indices spent the entire session in the red with the early pressure coming from the financial sector (-1.0%). The... Read More
The stock market started the first full week of September on a cautious note. The S&P 500 lost 0.3%, but the relative strength of small cap stocks helped the Russell 2000 (+0.2%) and Nasdaq Composite (+0.2%) finish ahead of the benchmark index. Equity indices struggled from the get-go with the overall... Read More
The stock market finished a cautious week on a modestly higher note. The S&P 500 added 0.5%, ending the week with a slim gain of 0.2%, while the Russell 2000 (+0.3%) shed 0.2% for the week. This morning, the Nonfarm Payrolls report for August revealed the addition of 142,000 payrolls, while... Read More
U.S. equity futures trade modestly higher amid upbeat action overseas. The S&P 500 futures hover five points above fair value following a night filled with central bank commentary. In Asia, the Bank of Japan maintained its policy stance, which was also the approach employed by the Bank of England. However,... Read More
The stock market had difficulty getting anything going on Wednesday as a wait-and-see stance permeated the trading action. That was understandable given some confusing headlines about cease-fire talk between Ukraine and Russia, Apple (AAPL 98.94, -4.36) suffering a 4.2% decline in its stock price, and the specter of policy... Read More
The headlines generally favored Tuesday being another good day for the stock market. Instead, it was just a mixed day with modest point changes on either side of the unchanged mark for the major indices. For the most part, the stock market was a sideshow. The main trading events were seen... Read More
Equity indices closed out the month of August on a modestly higher note. The Russell 2000 (+0.6%) and Nasdaq Composite (+0.5%) finished ahead of the S&P 500 (+0.3%), which extended its August gain to 3.8%. Blue chips lagged with the Dow Jones Industrial Average (+0.1%) spending the bulk of the... Read More
U.S. equity futures hold losses amid cautious action overseas. The S&P 500 futures trade eight points below fair value with the bulk of the weakness coming after Ukraine’s President Petro Poroshenko was quoted as saying Russian forces have invaded an area southeast of Donetsk. The news sent futures to lows... Read More
The major averages ended the midweek session on a flat note after spending the day inside narrow ranges. The S&P 500 hovered near the 2,000 mark for the majority of the trading day, but slumped to new lows during the last hour of action. The index then returned to its... Read More
U.S. equity futures hold slim gains amid upbeat action overseas. The S&P 500 futures trade three points above fair value, placing the benchmark index on track to revisit the 2,000 level at the open. Yesterday, the S&P 500 made its first ever appearance above that mark before surrendering a portion... Read More
The stock market began the last week of August on an upbeat note with the S&P 500 making its first appearance above the 2,000 level. The benchmark index added 0.5% with all ten sectors ending in the green, while the Russell 2000 (+0.5%) finished in-line despite showing relative strength at... Read More
The major averages punctuated a solid week with a subdued Friday session. The S&P 500 shed 0.2% to narrow its weekly gain to 1.7%, while the Nasdaq Composite (+0.1%) displayed relative strength. The tech-heavy index finished the week in line with the benchmark average. Market participants went into today’s session... Read More
U.S. equity futures trade near their pre-market highs amid upbeat action overseas. The S&P 500 futures hover three points above fair value, which puts the benchmark index on track to challenge its all-time closing high of 1987.98 and the intraday high of 1991.39. Participants have received several quarterly reports since... Read More
The stock market ended the midweek session on a mixed note. Blue chip listings bolstered the Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.3%), while the Russell 2000 (-0.4%) and Nasdaq Composite (-0.02%) underperformed. Equity indices began the day in the red, but wasted no time regaining their flat... Read More
The stock market continued its strong start to the week with a broad-based Tuesday rally that sent the S&P 500 higher by 0.5%. Nine of ten sectors registered gains while the benchmark index extended its week-to-date advance to 1.4%. Equities received an opening boost from a pair of economic data... Read More
The stock market began the new trading week on an upbeat note with small caps leading the charge. The Russell 2000 gained 1.5%, while the S&P 500 advanced 0.9% with eight sectors posting gains. Equity indices surged out of the gate and spent the entire afternoon in narrow ranges near... Read More
The stock market finished an upbeat week on a cautious note after a late-morning headline interrupted an extension of this week’s rally. Despite the intraday weakness, the major averages were able to climb off their lows into the close. The S&P 500 settled right below its flat line with six... Read More
The major averages posted modest gains on Thursday with the S&P 500 (+0.4%) extending its week-to-date advance to 1.2%. Small caps lagged throughout the session as the Russell 2000 (+0.2%) was unable to reclaim its 200-day moving average (1145). Despite receiving disappointing economic data from overseas (Eurozone GDP 0.0%;... Read More
The stock market ended the midweek session on an upbeat note with the Nasdaq Composite in the lead. The tech-heavy index advanced 1.0%, while the S&P 500 added 0.7% with all ten sectors ending in the green. Equity indices registered roughly half of their gains at the open with heavily-weighted... Read More
The major averages stumbled on Tuesday with the Russell 2000 pacing the slide. The small-cap index lost 0.7%, while the S&P 500 (-0.2%) gave back most of its advance from yesterday. For its part, the Dow Jones Industrial Average (-0.1%) ended with a slim loss. Equity indices spent the first... Read More
U.S. equity futures trade near their best levels of the morning amid upbeat action overseas. The sentiment has been boosted by de-escalation on the geopolitical front with a cease-fire holding in Gaza and separatists in Ukraine also proposing a pause in fighting. The S&P 500 futures hover five points above... Read More
The major averages finished the first full week of August on a strong note. The S&P 500 settled higher by 1.2% with all ten sectors posting gains. Thanks to the advance, the benchmark index added 0.3% for the week. Although stocks ended higher, the futures market was pressured overnight after... Read More
U.S. equity futures trade modestly higher despite cautious action overseas. The S&P 500 futures hover three points above fair value after spending the entire night in positive territory. With just two economic data points on today’s schedule, market participants have been reacting to quarterly reports as the busy portion of... Read More
The major averages spent some time on both sides of their flat lines on Wednesday before ending little changed. The S&P 500 settled on its flat line with six sectors finishing in the red, while the Russell 2000 (+0.3%) displayed relative strength throughout the session. Although stocks finished on a... Read More
The stock market ended the Tuesday session on a broadly lower note. The S&P 500 lost 1.0% with all ten sectors ending in the red. The Russell 2000 outperformed, but still shed 0.3%. Equity indices were on the defensive from the get-go with the early weakness attributed to disappointing data... Read More
The stock market kicked off the new trading week on an upbeat note despite enduring a shaky start to the session. The S&P 500 settled higher by 0.7% with nine sectors ending in the green. Equity indices climbed out of the gate amid upbeat action in Europe where Portugal’s Banco... Read More
The stock market finished a down week on a cautious note with small caps leading the retreat. The Russell 2000 lost 0.5%, widening its weekly decline to 2.6%, while the S&P 500 shed 0.3%. The benchmark index ended the week lower by 2.7%. This morning, the market was provided a basis... Read More
The stock market punctuated July with a broad-based retreat that sent the S&P 500 lower by 2.0% with all ten sectors ending in the red. The benchmark index posted a monthly decline of 1.5%, while the Russell 2000 (-2.3%) underperformed to end the month lower by 6.1%. To get a better... Read More
The stock market ended the Wednesday session on a mixed note with small caps displaying relative strength. The Nasdaq Composite (+0.5%) and Russell 2000 (+0.4%) registered modest gains, while the Dow Jones Industrial Average (-0.2%) and S&P 500 (+0.01%) underperformed. Despite the mixed finish, the key indices traded higher across the... Read More
The stock market ended the Tuesday session on a lower note after generally upbeat earnings took the back seat to geopolitical concerns. The S&P 500 (-0.5%) and Nasdaq Composite (-0.1%) ended on their lows, while the Russell 2000 (+0.3%) displayed relative strength. Once again, market participants were focused on quarterly reports... Read More
The stock market began the last week of July on a quiet note with the S&P 500 ending less than a point above its flat line. Like the benchmark index, the Dow Jones Industrial Average (+0.1%) also posted a slim gain, while the Russell 2000 (-0.5%) and Nasdaq Composite (-0.1%)... Read More
The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed.The two indices posted respective losses of 0.8% and 0.6% for the week. Equity indices... Read More
U.S. equity futures hover near their pre-market highs amid upbeat action overseas. The S&P 500 futures trade four points above fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei -0.3%, Hong Kong’s Hang Seng +0.7%, and China’s Shanghai Composite +1.3% In economic data: China’s HSBC... Read More
The stock market ended the Wednesday session on a mixed note. The tech-heavy Nasdaq displayed relative strength, climbing 0.4%, while the S&P 500 added 0.2% with five sectors settling in the green. For its part, the Dow Jones Industrial Average (-0.2%) spent the entire session below its flat line. Equities... Read More
U.S equity futures trade near their pre-market highs amid upbeat action overseas. The S&P 500 futures hover four points above fair value. Reviewing overnight developments: Asian markets ended on a higher note. Japan’s Nikkei +0.8%, China’s Shanghai Composite +1.0%, and Hong Kong’s Hang Seng +1.7% Economic data was limited:... Read More
Just like the geopolitical environment, things could have been better today for the stock market and they could have been worse. They were worse in the early going as the major indices backpedaled quickly at the start of trading. The ostensible catalysts for the opening retreat were geopolitical concerns over... Read More
Whatever concerns the stock market had on Thursday about the downing of a Malaysian Air passenger jet in eastern Ukraine and Israel’s ground assault in Gaza, they were quickly set aside on Friday. The major indices snapped back to bullish attention, riding the belief these developments would not evolve into... Read More
U.S. equity futures hover near their pre-market lows amid concerns surrounding the impact of the latest set of U.S. sanctions against Russia. The S&P 500 futures trade 12 points below fair value. Reviewing overnight developments: The major Asian markets ended on a lower note. China’s Shanghai Composite -0.6%, Japan’s Nikkei... Read More
The stock market ended the Wednesday session on an upbeat note, but the key indices made the bulk of their move during the opening hour, while the intraday underperformance of small-cap stocks kept the market from overtaking its early high. The S&P 500 advanced 0.4%, while the Russell 2000 (-0.3%)... Read More
The major averages posted modest Tuesday losses after being unable to hold their opening gains. Small caps displayed relative weakness throughout the session, which resulted in the Nasdaq Composite (-0.5%) and Russell 2000 (-1.0%) ending behind the S&P 500 (-0.2%) and the Dow Jones Industrial Average (+0.03%). Equities appeared to... Read More
The major averages started the new trading week on an upbeat note, but the bulk of the action on Monday took place at the start of the session. The S&P 500 rose 0.5% with nine sectors registering gains, while the Dow Jones Industrial Average (+0.7%) outperformed. For its part, the... Read More
The stock market finished the Friday session on a modestly higher note, but the slim gains could not prevent the key indices from finishing the week in the red. The S&P 500 added 0.2%, trimming its weekly loss to 0.9%, while the Nasdaq Composite (+0.4%) finished the week with a... Read More
U.S. equity futures trade modestly higher amid subdued action overseas. The S&P 500 futures hover five points above fair value. Reviewing overnight developments: Asian markets ended on a lower note. Japan’s Nikkei -0.1%, China’s Shanghai Composite -1.2%, and Hong Kong’s Hang Seng -1.6% Participants received several data points: br... Read More
The major averages registered their second consecutive decline that sent the S&P 500 lower by 0.7% with nine sectors ending in the red. Like yesterday, small-cap stocks underperformed with the Russell 2000 and Nasdaq Composite posting respective losses of 1.2% and 1.4%. In some ways, today’s session resembled yesterday’s affair... Read More
U.S. equity futures trade modestly lower amid cautious action overseas. The S&P 500 futures hover five points below fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei -0.4%, Hong Kong’s Hang Seng -0.02%, and China’s Shanghai Composite +0.03%. Economic data was limited: Japan’s Leading Index slipped... Read More
U.S. equity futures hover near their pre-market highs amid upbeat action overseas. The S&P 500 futures trade almost three points above fair value with some volatility expected around 8:30 ET when the June jobs report crosses the wires. The Briefing.com consensus expects the report to reveal the addition of 210,000... Read More
The stock market spent the Wednesday session in a narrow range, which resulted in the S&P 500 posting a slim gain of less than two points (0.1%) with six sectors ending in the green. The Dow Jones Industrial Average (+0.1%) outperformed slightly, while the Russell 2000 (-0.4%) lagged. The major... Read More
The stock market kicked off July on a strong note with small caps pacing the rally. The Nasdaq Composite and Russell 2000 jumped 1.1% and 1.0%, respectively, while the S&P 500 advanced 0.7% with nine sectors ending in the green. Equities displayed early strength after economic data reported overnight and... Read More
The stock market finished the second quarter on a subdued note with the major averages ending near their flat lines. The Nasdaq Composite (+0.2%) outperformed throughout the session, while the S&P 500 (-0.04%) surrendered its slim gain into the close. For the quarter, the S&P 500 jumped 4.7%, while the... Read More
The major averages ended the Friday session on a higher note thanks to a final-hour rally that sent the indices to session highs. The S&P 500 added 0.2%, narrowing its weekly loss to 0.1%, while the Nasdaq Composite settled higher by 0.4% to bring its weekly advance to 0.7%. In general,... Read More
U.S. equity futures hold slim losses amid quiet action overseas. The S&P 500 futures hover two points below fair value. Reviewing overnight developments: Asian markets ended higher. Japan’s Nikkei +0.3%, China’s Shanghai Composite +0.7%, and Hong Kong’s Hang Seng +1.5%. In economic data: Hong Kong’s trade deficit narrowed... Read More
The stock market registered modest gains on Wednesday as participants looked past a pair of disappointing economic reports. The S&P 500 rose 0.5% with nine sectors ending higher, while the Nasdaq Composite (+0.7%) outperformed. Prior to the open, the S&P 500 appeared to be on track for its third consecutive decline... Read More
The stock market ended the Tuesday session on a lower note despite seeing early strength. The Dow Jones Industrial Average and S&P 500 posted respective losses of 0.7% and 0.6%, while the Nasdaq Composite shed 0.4%. Equity indices displayed modest losses at the start, but were quick to regain their flat... Read More
The major averages started the week on a quiet note with the S&P 500 shedding less than a point. To be fair, the slight downtick was a function of some profit taking after the benchmark index registered six consecutive gains. Equity indices started the day in the red and maintained... Read More
The major averages posted modest Friday gains to punctuate an upbeat week that saw relative strength among small-cap stocks. Fittingly, the Russell 2000 (+0.3%) settled just ahead of the S&P 500 (+0.2%). The two indices extended their weekly gains to 2.2% and 1.6%, respectively. The S&P 500 spent the entire session... Read More
It was some day in the capital markets on Thursday. The major stock indices managed to hold fairly steady in what was a seesaw day of trading; longer-dated Treasuries experienced a notable reversal that left the 10-yr note down 12 ticks and yielding 2.63% while the front of the curve... Read More
U.S. equity futures trade little changed amid quiet action overseas. The S&P 500 futures hover in line with fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei +0.9%, Hong Kong’s Hang Seng -0.1%, and China’s Shanghai Composite -0.5%. In economic data: China’s Housing Prices grew at... Read More
The stock market ended the Tuesday session on a modestly higher note with participants gearing up for the latest policy directive from the FOMC, which will be released on Wednesday afternoon. Small- and mid-cap stocks led the way with the Russell 2000 and S&P Mid Cap 400 climbing 0.7%... Read More
The stock market pretty much ran in circles on Monday, having closed the session close to where it began. Its indecisive nature was attributed to some worrisome-sounding headlines on the geopolitical front, yet the market action suggested it may have been owed more to a case of wait-and-see in front... Read More
The major averages posted modest Friday gains, but the advance was not strong enough to pull the key indices back into the green for the week. The S&P 500 added 0.3%, narrowing its weekly loss to 0.7%, while the Nasdaq (+0.3%) ended the week lower by 0.3%. The tech-heavy Nasdaq... Read More
U.S. equity futures trade just above their flat lines amid subdued action overseas. The S&P 500 futures hover two points above fair value. Reviewing overnight developments: “Asian markets ended lower. China’s Shanghai Composite -0.2%, Hong Kong’s Hang Seng -0.4%, and Japan’s Nikkei -0.6%. “In economic data: “China’s... Read More
U.S. equity futures trade just above their flat lines amid subdued action overseas. The S&P 500 futures hover two points above fair value. Reviewing overnight developments: “Asian markets ended lower. China’s Shanghai Composite -0.2%, Hong Kong’s Hang Seng -0.4%, and Japan’s Nikkei -0.6%. “In economic data: “China’s... Read More
U.S. equity futures trade just above their flat lines amid subdued action overseas. The S&P 500 futures hover two points above fair value. Reviewing overnight developments: “Asian markets ended lower. China’s Shanghai Composite -0.2%, Hong Kong’s Hang Seng -0.4%, and Japan’s Nikkei -0.6%. “In economic data: “China’s... Read More
The stock market finished the Tuesday session on a mixed note. Small caps underperformed with the Russell 2000 slipping 0.2%, while the S&P 500 shed less than a point with six sectors registering losses. Equity indices entered today’s session after enjoying a big rally that sent the S&P 500 higher... Read More
The stock market finished the Monday session on a modestly higher note, but the S&P 500 (+0.1%) could not keep pace with the Russell 2000 (+0.9%). Similar to the Russell 2000, the Nasdaq (+0.3%) displayed relative strength, while the Dow Jones Industrial Average (+0.1%) settled just ahead of the S&P... Read More
The major averages finished the first week of June on an upbeat note with small-cap stocks leading the charge. The Russell 2000 gained 1.0%, extending its weekly advance to 2.7%, while the S&P 500 added 0.5% to finish the week higher by 1.3%. Stocks spent the first 90 minutes of... Read More
U.S. equity futures are little changed amid upbeat action overseas. The S&P 500 futures trade less than a point above fair value. Reviewing overnight developments: Asian markets ended mixed. Hong Kong’s Hang Seng -0.2%, Japan’s Nikkei +0.1%, and China’s Shanghai Composite +0.8%. In economic data: China’s HSBC... Read More
U.S. equity futures hold modest losses amid cautious action overseas. The S&P 500 futures hover two points below fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei +0.2%, Hong Kong’s Hang Seng -0.6%, and China’s Shanghai Composite -0.7%. In economic data: Australia’s GDP rose 1.1%... Read More
The stock market finished the Tuesday session on a modestly lower note, but small-cap stocks underperformed once again. The Russell 2000 slipped 0.2%, while the S&P 500 snapped its three-day win streak, shedding less than a point. Equity indices faced an uphill climb from the opening bell, but the S&P... Read More
The stock market kicked off June on an unassuming note. The S&P 500 added 0.1% after spending the bulk of the day near its flat line, while the Nasdaq Composite (-0.1%) and Russell 2000 (-0.5%) underperformed throughout the session. Equity indices displayed slim gains at the open, but small-cap stocks... Read More
The major averages finished the month of May on a mixed note. The S&P 500 added 0.2%, locking in a monthly gain of 2.1%, while the Nasdaq Composite (-0.1%) and Russell 2000 (-0.5%) lagged. The two indices narrowed their monthly gains to 3.1% and 0.8%, respectively. Outside of the relative... Read More
U.S. equity futures hold slim gains amid quiet action overseas. The S&P 500 futures hover almost four points above fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei +0.1%, Hong Kong’s Hang Seng -0.3%, and China’s Shanghai Composite -0.5%. In economic data: Japan’s Retail Sales fell... Read More
The stock market endured a quiet session that had the S&P 500 confined to a seven-point range. The benchmark index shed 0.1%, while the Dow Jones Industrial Average (-0.3%) and Nasdaq Composite (-0.3%) followed not far behind. Small caps, however, saw some additional weakness as the Russell 2000 lost 0.5%.br... Read More
The stock market picked up where it left off Friday, riding the outperformance of the small-cap and momentum stocks to broad-based gains. In turn, a strong showing from the financial sector and continued strength in the transport stocks carried the S&P 500 and Dow Jones Transportation Average to new record... Read More
The stock market finished an upbeat weak on a strong note. Small caps paced the Friday rally, which was consistent with the dynamic observed throughout the week. The Russell 2000 advanced 1.1%, extending its weekly gain to 2.1%, while the Nasdaq (+0.8%) followed not far behind, finishing the week higher... Read More
U.S. equity futures hover near their pre-market lows amid cautious action overseas. The S&P 500 futures trade in line with fair value. Reviewing overnight developments: Asian markets ended mostly higher. Hong Kong’s Hang Seng +0.5%, Japan’s Nikkei +2.1%, and China’s Shanghai Composite -0.2%. In regional economic data: China’s... Read More
The major averages rallied on Wednesday, which allowed the Dow (+1.0%), Nasdaq (+0.9%), and S&P 500 (+0.8%) to reclaim yesterday’s losses. For its part, the Russell 2000 advanced 0.5% despite a brief dip into the red that took place in the morning. Even though small caps endured an intraday hiccup,... Read More
Aeroflex Holding Corp. (ARX) Aeroflex is trading in the green today, up 25.39% to $10.42. The microelectronic company saw its shares pop after news that they would be acquired. Cobham (a British aerospace and defense company) agreed to acquire Aeroflex for $10.50 per share in cash. Cobham is making the... Read More
The stock market began the new trading week on a modestly higher note with small caps coming out on top. The Russell 2000 advanced 1.1%, while the S&P 500 added 0.4% with seven sectors posting gains. The underperformance of blue chip listings was apparent within the Dow Jones Industrial Average... Read More
The stock market lumbered and slumbered through most of Friday’s session, but it woke up late in the day and ended on an upbeat note. The major indices all scored modest gains, the most notable of which was the Russell 2000, which ducked into correction territory again with an early... Read More
Rackspace Holdings Inc. (RAX) Rackspace Holdings is skyrocketing today, up 17.73% to $36.12. The cloud computing company saw its shares jump after news that it hired Morgan Stanley to help explore “inbound strategic proposals.” The proposals could include a partnership with or acquisition by a larger player in the cloud... Read More
U.S. equity futures hold modest losses amid cautious action overseas. The S&P 500 futures trade three points below fair value. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei -0.8%, China’s Shanghai Composite -1.1%, and Hong Kong’s Hang Seng +0.7%. In economic data: Japan’s GDP rose 1.5%... Read More
The stock market stumbled on Wednesday with small caps leading the fall as the Russell 2000 (-1.6%) registered its second consecutive decline that placed it back below its 200-day moving average. For its part, the S&P 500 lost 0.5% with five sectors finishing in the red. Equity indices began the... Read More
The major averages ended the Tuesday session on a mixed note despite showing early strength. The S&P 500 added less than a point, while the Russell 2000 lost 1.0%. Equity indices began the trading day on an upbeat note even though the April Retail Sales report that was released ahead... Read More
The stock market kicked off the new trading week on an upbeat note with small caps leading the advance after showing relative weakness last week. The Russell 2000 surged 2.3%, while the S&P 500 gained 1.0%. Even though the benchmark index posted a slimmer gain than the Russell 2000, it... Read More
The stock market finished a choppy week on cautiously optimistic note. The S&P 500 added 0.2% despite spending the bulk of the session in the red. The benchmark index narrowed its week-to-date loss to 0.1%, while the Russell 2000 (+0.9%) trimmed its weekly decline to 1.8%. For its part, the... Read More
U.S. equity futures trade little changed amid upbeat action overseas. The S&P 500 futures hover within a point of fair value. Reviewing overnight developments: Asian markets ended higher. China’s Shanghai Composite +0.3%, Hong Kong’s Hang Seng +0.4%, and Japan’s Nikkei +0.9%. In economic data: China’s trade surplus expanded... Read More
Equity indices finished the Wednesday session on a mixed note as high-growth names weighed on the Russell 2000 (+0.1%) and the Nasdaq (-0.3%), while the Dow Jones Industrial Average (+0.7%) and S&P 500 (+0.6%) outperformed thanks to strength in blue chip listings. The stock market opened the trading day with... Read More
Equity indices finished the Tuesday session on their lows after spending the entire day in negative territory. The S&P 500 tumbled 0.9% with nine sectors registering losses, while the Russell 2000 fell 1.6%, settling below its 200-day moving average for the first time since November 2012. Stocks were pressured from... Read More
U.S. equity futures trade near their lows amid cautious action overseas. The S&P 500 futures hover eight points below fair value. Reviewing overnight developments: Asian markets ended mixed. China’s Shanghai Composite +0.1%, Hong Kong’s Hang Seng -1.3%, and Japan’s Nikkei was closed for Children’s Day. In economic data: br... Read More
The stock market finished an upbeat week on a cautious note as the major averages settled near their flat lines. The S&P 500 (-0.1%) shed less than three points, while the Russell 2000 (+0.1%) outperformed slightly. Interestingly, the bulk of today’s trading activity took place before 11:00 ET, while the... Read More
U.S. equity futures trade little changed, while most global markets are closed for Labor Day. The S&P 500 futures hover right below fair value. Reviewing overnight developments: In Asia, Japan’s Nikkei advanced 1.3%, while China’s Shanghai Composite and Hong Kong’s Hang Seng were closed. In economic data: China’s... Read More
Equity indices spent some time on either side of their respective flat lines on Wednesday, but when the dust settled, they ended with modest gains. The Dow Jones Industrial Average, S&P 500, and Nasdaq all added 0.3%, with the Dow registering a new record closing high at 16,580.84, which represented... Read More
The stock market rallied on Tuesday, with the S&P 500 (+0.5%) posting its second consecutive gain as eight sectors ended in the green. Momentum names, meanwhile, rebounded from yesterday’s relative weakness, which allowed the Nasdaq Composite (+0.7%) to finish ahead of the benchmark index. Equity indices began the session on... Read More
The stock market began the new week on a mixed note despite showing early strength. Weakness among small-cap names resulted in the underperformance of the Russell 2000 (-0.6%) and the Nasdaq Composite (-0.03%), while the S&P 500 settled higher by 0.3%. Equity indices climbed out of the gate, emboldened by... Read More
The major averages spent the last session of the week in a steady retreat despite receiving a round of better than expected earnings from the technology sector. The Nasdaq lost 1.8%, widening its April decline to 2.9%, while the S&P 500 fell 0.8%, swinging to a month-to-date loss to 0.5%.... Read More
U.S. equity futures hold gains, with the Nasdaq futures (+1.6%) outperforming thanks to an earnings beat from the top index component, Apple (AAPL 566.27, +41.52), which sports a pre-market gain of 8.1%. Reviewing overnight developments: Asian markets ended mixed. Hong Kong’s Hang Seng +0.2%, China’s Shanghai Composite -0.5%, and... Read More
The stock market finished the Wednesday session on a modestly lower note, but it is worth mentioning today’s retreat took place after six consecutive gains. The Dow Jones Industrial Average (-0.1%) and S&P 500 (-0.2%) settled not far below their flat lines, while the Nasdaq Composite (-0.8%) lagged throughout the... Read More
Equity indices strung together a daylong rally on Tuesday, giving the S&P 500 its sixth consecutive advance. Some selling during the final hour of action pressured the indices from their highs, but they still ended with the bulk of their gains. The benchmark index added 0.4% with eight sectors finishing... Read More
U.S equity futures show a slightly positive bias coming off last week’s striking turnaround rally. Trading activity was fairly subdued in Asia and major European bourses remain closed following the Easter holiday. Reviewing overnight developments: Asian markets ended mixed. Japan’s Nikkei -0.03%, China’s Shanghai Composite -1.5%, and South... Read More
The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains. Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44)... Read More
The stock market finished the Wednesday session on an upbeat note with the Nasdaq (+1.3%) ending in the lead. The S&P 500 settled higher by 1.1% with all ten sectors posting gains. The benchmark index spent the entire trading day in the green, rallying to new highs during the last... Read More
The major averages finished the session on a modestly higher note, but not before heavy selling pressure sent the Nasdaq Composite (+0.3%) for a test of its 200-day moving average. The S&P 500, meanwhile, added 0.7% with all ten sectors posting gains. Equities climbed at the open with the advance... Read More
U.S. equity futures display modest gains despite cautious action in Europe, where the major regional indices hold losses following an escalation of tensions in Ukraine. Over the weekend, Ukraine’s army exchanged gunfire with pro-Russian militants attempting to seize government buildings in the country’s Southeast region. The S&P 500 futures hover... Read More
The stock market finished the week on a broadly lower note with the Nasdaq and S&P 500 enduring their worst week since 2012. The Nasdaq Composite fell 1.3%, ending the week with a loss of 3.1%. For its part, the S&P 500 settled lower by 1.0% to end the week... Read More
The major averages spent the Thursday session in a daylong retreat that placed the Nasdaq (-3.1%) below its 100-day moving average, while the S&P 500 (-2.1%) finished below its 50-day average. The Dow Jones Industrial Average held up a bit better, but the price-weighted index posted a sharp loss (-1.6%)... Read More
The stock market finished the Wednesday session on a sharply higher note, with the Nasdaq Composite (+1.7%) in the lead. Equity indices held solid gains into the afternoon, with a second push coming after the release of the FOMC Minutes from the March policy meeting. For the most part,... Read More
The major averages halted their three-day losing streak with a modest bounce that sent the Nasdaq Composite higher by 0.8%. The S&P 500, meanwhile, added 0.4% with seven sectors posting gains. Equity indices exhibited some volatility during the opening hour before setting off on a climb to new session highs.... Read More
The stock market began the new trading week on the defensive, with the major averages posting losses across the board. The Russell 2000 (-1.5%) and Nasdaq (-1.2%) led the retreat, while the Dow Jones Industrial Average (-1.0%) and S&P 500 (-1.1%) fared a bit better. The major averages started the... Read More
The stock market finished the week on a lower note after equity indices spent the entire session in a steady decline from their opening highs. The Nasdaq led the retreat, falling 2.6%, while the Dow Jones Industrial Average (-1.0%) and S&P 500 (-1.3%) registered smaller losses. Even though the major... Read More
The stock market finished the Thursday session on a lower note with small caps leading the weakness. The Russell 2000 (-1.0%) and Nasdaq (-0.9%) posted comparable losses while the Dow Jones Industrial Average (unch) and S&P 500 (-0.1%) finished little changed after climbing off their lows during the last hour... Read More
The stock market meandered inside a narrow range on Wednesday after posting solid gains on Monday and Tuesday. The S&P 500 added 0.3% and notched a fresh record closing high at 1890.90 while the Nasdaq (+0.2%) struggled to stay in the green throughout the session. Equity indices began the day... Read More
The stock market kicked off April on an upbeat note with the Nasdaq Composite (+1.6%) leading the charge. The S&P 500 (+0.7%) settled at a fresh record high of 1885.52 with eight sectors registering gains while the Dow Jones Industrial Average (+0.5%) lagged. In the absence of notable pre-market data... Read More
The stock market closed out a volatile month of March on an upbeat note with small caps leading the advance. The Russell 2000 gained 1.8% while the S&P 500 settled higher by 0.8% with nine sectors ending in the green. The benchmark index was able to eke out a 0.7%... Read More
The stock market finished a cautious week on a modestly higher note, but kept only a portion of its opening gain. The S&P 500 added 0.5%, trimming its weekly loss to 0.5%, while the Nasdaq Composite added 0.1%, finishing the week with a 2.8% decline. Emboldened by stimulus talk during... Read More
The stock market finished the Thursday session on a lower note with the tech-heavy Nasdaq Composite (-0.5%) trailing the other indices once again. The Nasdaq widened its week-to-date loss to 3.6% while the S&P 500 settled lower by 0.2%, extending its weekly decline to 0.9%. Equity indices began the trading... Read More
The major averages finished the Wednesday session on a cautious note with the S&P 500 falling 0.7%. The Dow Jones Industrial Average (-0.6%) outperformed while small caps bore the brunt of the pressure. The Russell 2000 declined 1.9% while the Nasdaq Composite fell 1.4%. Equity indices began the day on... Read More
The major indices strung together some modest gains on Tuesday on the back of some strong showings from blue-chip issues and a volatile rebound effort by the beaten-down biotechnology stocks. The move followed on the heels of a strong outing by major European bourses, which shot up largely in response... Read More
The stock market kicked off the new trading week on a cautious note with the Nasdaq leading the retreat. The tech-heavy index lost 1.2% while the S&P 500 fell 0.5% with eight sectors ending in the red. For its part, the Dow Jones Industrial Average (-0.2%) held up relatively well.br... Read More
U.S. equity futures hover near their pre-market highs amid upbeat action overseas. The S&P 500 futures trade nearly six points above fair value. Reviewing overnight developments: Asian markets ended higher. Hong Kong’s Hang Seng +1.2%, China’s Shanghai Composite +2.7%, and Japan’s Nikkei was closed was Spring Equinox Day. Economic... Read More
U.S. equity futures hold modest losses amid cautious action overseas. The S&P 500 futures trade five point below fair value. Reviewing overnight developments: Asian markets ended lower across the board. China’s Shanghai Composite -1.4%, Japan’s Nikkei -1.7%, and Hong Kong’s Hang Seng -1.8%. Economic data was... Read More
U.S. equity futures trade little changed amid quiet action overseas. The S&P 500 futures hover less than a point above fair value. Reviewing overnight developments: Asian markets ended on a mixed note. Japan’s Nikkei +0.4%, Hong Kong’s Hang Seng -0.1%, and China’s Shanghai Composite -0.2%. Participants... Read More
The major averages finished the Tuesday session with solid gains, but outside of a few pockets of considerable relative strength, most sectors could be classified as reluctant participants in the daylong rally. Small caps led the way with the Russell 2000 climbing 1.5% while the S&P 500 advanced 0.7% with... Read More
Today at 4:40 PM All of the fear and loathing last week about the Sunday referendum in Crimea was set aside today. Stock markets in Europe and the US rallied, not because there was a de-escalation of the standoff in Ukraine, but because there has yet to be an... Read More
U.S. equity futures trade little changed amid subdued action overseas. The S&P 500 futures hover three points above fair value. Reviewing overnight developments: Asian markets ended mixed. Hong Kong’s Hang Seng -0.7%, Japan’s Nikkei -0.1%, and China’s Shanghai Composite +1.1%. Economic data was plentiful: China’s Retail Sales rose... Read More
The major averages ended the Wednesday session on a mixed note. The Nasdaq (+0.4%) and Russell 2000 (+0.3%) posted modest gains while the Dow Jones Industrial Average (-0.1%) finished in the red. For its part, the S&P 500 (+0.03%) settled just above its flat line. Stocks began the day in... Read More
The major averages finished the Tuesday session near their lows with the Russell 2000 (-1.0%) leading the slide. The S&P 500 lost 0.5% with nine sectors ending in the red. Equities indices started the day with modest gains and spent the first two hours of action in the neighborhood of... Read More
The major averages began the new trading week on a slightly lower note with small caps leading the weakness. The Russell 2000 shed 0.3% while the S&P 500 slipped less than a point with six sectors ending in the red. Equity indices began the day in negative territory with only... Read More
The stock market finished an upbeat week on a mixed note. The S&P 500 added just under a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%. The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes... Read More
The stock market ended the Thursday session on a mixed note ahead of Friday’s nonfarm payrolls report for February (Briefing.com consensus 163K). The Dow Jones Industrial Average (+0.4%) and S&P 500 (+0.2%) posted modest gains while the Nasdaq Composite (-0.1%) lagged throughout the session. Equities began the trading day on an... Read More
U.S. equity futures trade little changed amid cautious overseas action. The S&P 500 futures hover two points above fair value. Reviewing overnight developments: Asian markets ended mixed. Hong Kong’s Hang Seng -0.3%, China’s Shanghai Composite -0.9%, and Japan’s Nikkei +1.2%. Economic data was limited: China’s HSBC Services... Read More
Equity indices enjoyed a broad-based rally on Tuesday that sent the S&P 500 (+1.5%) and the Russell 2000 (+2.7%) to new closing record highs. Stocks surged out the gate after index futures received a considerable bid around 1:00AM ET. The overnight strength came about after it was reported that Russian President... Read More
The stock market began the new trading week on a defensive note after tensions between Russia and Ukraine escalated over the weekend. The Dow Jones Industrial Average (-0.9%) paced the decline while the S&P 500 lost 0.8% with all ten sectors ending in the red. Over the weekend, Russian... Read More
The stock market finished an upbeat week on a mixed note amid the return of concerns about the immediate future of Ukraine. The S&P 500 added 0.3% after holding a solid 0.6% gain through the bulk of the trading day. The Nasdaq Composite and Russell 2000 lagged, falling 0.3% and... Read More
Equity indices finished the Thursday session on an upbeat note with the S&P 500 settling above its 2013 closing high of 1848.36 after three unsuccessful attempts. Stocks climbed throughout the session despite starting the day on a cautious note. The early weakness could be traced to European markets, which were pressured... Read More
U.S. equity futures display modest pre-market gains despite cautious overseas action. The S&P 500 futures trade six points above fair value. Reviewing overnight developments: Asian markets ended mixed. China’s Shanghai Composite +0.4%, Hong Kong’s Hang Seng +0.5%, and Japan’s Nikkei -0.5%. In economic data: br... Read More
U.S. Equities ·Equity futures point to solid gains at the open ·The S&P 500 failed to post a record-high close for the second straight day despite threatening the mark for most of the day ·The Nasdaq looks likely to open at its best level in nearly 15 years ·MBA Mortgage Apps sank... Read More
The stock market spun its wheels during the Tuesday session, ending essentially where it started. The S&P 500 shed 0.1% after spending the bulk of day within a striking distance of its flat line. Equity indices tried to build on the relative strength of the two consumer sectors, but the... Read More
The stock market kicked off the new trading week on an upbeat note, sending the S&P 500 (+0.6%) to a fresh nominal intraday record high of 1858.71. Despite the rally, selling during the final hour kept the benchmark index from finishing the session above its 2013 closing high of 1848.36.br... Read More
The major averages finished the mixed week on a lower note. The Dow Jones Industrial Average and S&P 500 both shed 0.2% while the Nasdaq slipped 0.1%. For the week, the Dow and S&P 500 posted respective losses of 0.3% and 0.1% while the Nasdaq added 0.5%. In some ways,... Read More
Equities ended the Thursday session on their highs with small caps in the lead. The Russell 2000 gained 1.1% while the S&P 500 rose 0.6% with all ten sectors posting gains. Prior to the open, the market appeared to be headed for a lower start as disappointing data from... Read More
U.S. equity futures hover near their pre-market lows amid cautious overseas action. The S&P 500 futures trade seven points below fair value. Reviewing overnight developments: Asian markets ended mixed. Hong Kong’s Hang Seng +0.3%, China’s Shanghai Composite +1.1%, and Japan’s Nikkei -0.5%. In economic data: Japan’s All Industries... Read More
Equity indices kicked off the abbreviated trading week on a relatively quiet note. Small caps finished in the lead (Russell 2000 +1.0%) while the S&P 500 added 0.1%. The benchmark index saw a brief dip at the open, but the weakness was erased promptly thanks to the early strength of... Read More
The stock market ended an upbeat week on a positive note. The Dow Jones Industrial Average (+0.8%) paced the advance while the S&P 500 gained 0.5%. The Nasdaq (+0.1%) lagged, but was able to finish at its highest level since late 2000. Today’s advance capped an impressive week during which... Read More
The stock market rallied steadily throughout the trading day despite starting the session on a lower note. Small caps led the way with the Russell 2000 climbing 1.3% while the S&P 500 advanced 0.6%. The benchmark index was down as much as 0.6% at the start of the session after... Read More
Equity indices took a bit of a breather on Wednesday after the S&P 500 surged nearly 4.5% in the six sessions since February 3. The benchmark index shed less than a point while the Dow Jones Industrial Average slipped 0.2%. Overall, the session was very quiet as the key averages... Read More
The stock market rallied steadily throughout the Tuesday session with the Dow Jones Industrial Average (+1.2%) providing the lead. Thanks to the advance, the Dow narrowed its 2014 loss to 3.5% while the Nasdaq (+1.0%) was able to swing from a loss to a year-to-date gain of 0.4%. The S&P... Read More
The stock market began the new trading week on a subdued note. The Dow Jones Industrial Average, Nasdaq, and S&P 500 posted gains between 0.1% and 0.5% with the Nasdaq Composite ending in the lead. Overall, the session had a ‘wait-and-see’ feel as many participants stuck to the sidelines ahead... Read More
The major averages finished a shaky week on an upbeat note. The Nasdaq led the way, climbing 1.7% while the Dow Jones Industrial Average and S&P 500 added 1.1% and 1.3%, respectively. Thanks to the broad rally, the indices managed to register weekly gains between 0.5% and 0.8% but small... Read More
The stock market enjoyed a broad-based rebound on Thursday that placed the Dow Jones Industrial Average (+1.2%) back above its 200-day moving average (15483). The S&P 500 also gained 1.2%, ending just north of its 100-day average (1772) after flirting with that level during the afternoon. Stocks began on an... Read More
Today at 4:53 PM Equities ended the Wednesday session on a mixed note. The Nasdaq and S&P 500 finished with respective losses of 0.5% and 0.2% while the Dow Jones Industrial Average ended flat. Despite its outperformance, the Dow was unable to settle above its 200-day moving average (15479)... Read More
After enduring a broad-based selloff on Monday, the stock market rebounded, erasing roughly a third of yesterday’s losses. The Nasdaq led the way, rising 0.9% while the S&P 500 gained 0.8%. For its part, the Dow Jones Industrial Average added 0.5%, but was unable to reclaim its 200-day moving average... Read More
The stock market began February on a sharply lower note after enduring a rough month of January. Small caps paced the Monday retreat as the Russell 2000 tumbled 3.1% while the S&P 500 fell 2.3%. For its part, the Dow Jones Industrial Average lost 2.1%, ending below its 200-day moving... Read More
The stock market ended a disappointing month on a lower note as the S&P 500 lost 0.7%, extending its January decline to 3.6%. The Nasdaq outperformed, falling 0.5%, while the Dow Jones Industrial Average slid 1.0%. Equities began the session sharply lower but a day-long rebound helped the major averages... Read More
The major averages finished the Thursday session near their highs as the volatile week continued. The Nasdaq surged 1.8% while the S&P 500 gained 1.1% as all ten sectors ended in the green. As a result of the advance, the S&P 500 will enter Friday’s session with a slim week-to-date... Read More
Equities ended broadly lower with small caps leading the weakness. The Russell 2000 lost 1.5% while the S&P 500 fell 1.0% as nine of ten sectors finished in the red. Although today’s session generated plenty of excitement, some of the events that played out over the course of the day... Read More
The stock market halted its three-day slide on Tuesday as the S&P 500 gained 0.6%. The tech-heavy Nasdaq (+0.4%) also finished in the green, but couldn’t keep pace with the S&P 500 as Apple (AAPL 506.50, -44.00) weighed following its quarterly report. Although the largest tech company beat on... Read More
U.S. equity futures display modest gains despite cautious overseas action. The S&P 500 futures trade four points above fair value. Reviewing overnight developments: Asian markets ended lower across the board. China’s Shanghai Composite -1.0%, Hong Kong’s Hang Seng -2.1%, and Japan’s Nikkei -2.5%. Economic data was limited: Japan’s... Read More
Equities endured a rough end to the abbreviated week with the S&P 500 seeing its largest weekly loss since June 2012. The benchmark index fell 2.1%, extending its January decline to 3.1%. The market spent the entire session in a steady slide amid continued concerns regarding China. Furthermore, participants kept... Read More
The S&P 500 snapped its modest two-day win streak with its second-largest decline of the month. The index lost 0.9% as nine of ten sectors registered losses. Although stocks sold off throughout the day, the weakness actually started during the overnight futures session when three China-related developments began fueling the... Read More
Equities endured an uninspiring Wednesday session, which unfolded in similar fashion to Tuesday’s affair. Like yesterday, the major averages ended mixed with the Dow Jones Industrial Average (-0.3%) coming out on the losing end while the Nasdaq (+0.4%) and S&P 500 (+0.1%) eked out modest gains. The price-weighted Dow spent... Read More
The major averages began the abbreviated week on a mixed note as the Nasdaq added 0.7% while the Dow Jones Industrial Average shed 0.3%. For its part, the S&P 500 rose 0.3% as eight of ten sectors finished in the green. Stocks began the day with solid gains but the... Read More
The S&P futures are up four points, which leaves them roughly in-line with fair value on this options expiration day. The indication follows a spate of earnings results from widely-held companies and a positive disposition seen currently in most European markets. Reviewing overnight developments: Asian markets were mostly weak, although... Read More
Equities finished the Thursday session on a mixed note as the Dow Jones Industrial Average (-0.4%) and S&P 500 (-0.1%) settled in the red while the Nasdaq posted a slight gain of 0.1%. The stock market began the day on the defensive after two influential sectors, consumer discretionary (-0.5%)... Read More
Equities built on their Tuesday gains, turning in their best two-day stretch since mid-December. During that two-day swing, the S&P 500 jumped from its lowest level of the year to a fresh record close of 1848.38. Stocks spent the entire session in positive territory after receiving an opening boost from... Read More
The stock market endured a forgettable start to the new trading week as the major averages ended on their lows. The S&P 500 fell 1.3%, ending at its lowest level of 2014. Equities began the session with modest losses and spent the first three hours of action near their flat... Read More
The major averages ended the first full week of 2014 on a mixed note. The S&P 500 added 0.2% while the Dow Jones Industrial Average shed less than 0.1%. For the week, the S&P 500 gained 0.6% while the Dow slipped 0.2%. Prior to the open, it was reported that... Read More
The major averages ended today’s choppy session on a mixed note. The S&P 500 added less than a point while the Dow Jones Industrial Average (-0.1%) and Nasdaq (-0.2%) posted modest losses. Equities displayed early strength, but sellers were quick to knock the indices off their opening highs. The Nasdaq... Read More
UThe major averages ended the Wednesday session on a mixed note as the Nasdaq added 0.3%, the Dow shed 0.4% while the S&P 500 essentially split the difference, ending flat. Equity indices began the session on a lower note, but the Nasdaq and S&P 500 staged swift rallies to new... Read More
The S&P 500 settled higher by 0.6%, notching its first advance of 2014. Despite today’s gain, the index remains lower by 0.6% through the first four sessions of the year. The benchmark index notched its high during the initial 90 minutes before spending the remainder of the session in a... Read More
Despite staging an afternoon rally, the S&P 500 was unable to log its first gain of 2014. The benchmark index registered its third consecutive loss, shedding 0.3% as six of ten sectors finished in the red. Equities began the day on a modestly higher note, but the early gains evaporated... Read More
The major averages wrapped up the week on a mixed note as the Dow Jones Industrial Average added 0.2% while the Nasdaq shed 0.3%. For its part, the S&P 500 ended flat. Today’s mixed finish was an appropriate reflection of a session that featured some mixed signals. On that note,... Read More
After gaining nearly 30.0% in 2013, the S&P 500 exhibited a bit of a hangover in its first session of 2014. The benchmark index fell 0.9% as all ten sectors registered losses. Stocks were pressured from the opening bell as cautious action in Europe weighed on the early sentiment. In... Read More
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