2016 Archive: Day Traders Diary

December 30, 2016

The stock market spent the final session of the year in a steady retreat. The S&P 500 lost 0.5%, narrowing its 2016 gain to 9.5%. The Nasdaq (-0.9%) underperformed, trimming this year's advance to 7.5%. The bulk of the day saw below-average trading volume, but... Read More

December 29, 2016

The stock market ended Thursday on a slightly lower note after spending the day inside a narrow range. The S&P 500 ended just below its flat line while the Nasdaq (-0.1%) underperformed throughout the session. Equity indices displayed some strength at the start, but the... Read More

December 28, 2016

 The stock market spent the entire midweek session in a daylong retreat, which sent the S&P 500 lower by 0.8%. The benchmark index settled behind the Nasdaq Composite (-0.9%) and the Russell 2000 (-1.1%). Once again, today's trading volume was below average with just 735 million shares changing hands at the... Read More

December 27, 2016

 The stock market enjoyed a modest post-holiday advance, which was paced by the Nasdaq Composite (+0.5%). The tech-heavy index settled ahead of the S&P 500 (+0.2%) while the Dow Jones Industrial Average (+0.1%) ended just above its flat line. The bulk of today's action took place during the opening minutes as... Read More

December 23, 2016

'Twas two nights before Christmas, when all through the trading house, Not a sentient creature was stirring about, no one clicking their mouse;   A... Read More

December 22, 2016

The stock market recorded its second consecutive loss on Thursday, but once again, investor participation was on the light side as some participants decided to sit out the pre-holiday session. The S&P 500 shed 0.2% while the Nasdaq (-0.4%) underperformed. Small caps faced... Read More

December 21, 2016

     The stock market endured a quiet pre-holiday session that was confined to negative territory. The S&P 500 shed 0.3% while small caps underperformed, leading to a 0.7% retreat in the Russell 2000. All in all, the Wednesday affair had all the hallmarks of pre-holiday... Read More

December 20, 2016

 The stock market registered its second consecutive advance, but intraday price action followed yesterday's pattern, suggesting the post-election rally may be running out of steam. The S&P 500 hit a session high shortly after the open, but narrowed its gain to 0.4% by the close. The key indices raced out of... Read More

December 19, 2016

The stock market avoided its second consecutive decline thanks to a Monday session that was underscored by daylong strength in the top-weighted technology sector (+0.6%). The S&P 500 added 0.2% while the Nasdaq Composite (+0.4%) outperformed throughout the day. Read More

December 16, 2016

  The stock market registered a modest decline on Friday to end the week on a slightly lower note. The S&P 500 shed 0.2%, ending the week lower by 0.1%. The Dow Jones Industrial Average (-0.04%) also posted a Friday loss, but gained 0.4%... Read More

December 15, 2016

The stock market avoided its second consecutive decline, but not before seeing some afternoon selling that may have startled investors who have gotten accustomed to the near-daily ascent to new record highs. The S&P 500 gained 0.4%, erasing roughly half of its post-FOMC decline. Equities started Thursday on an upbeat... Read More

December 14, 2016

It's Fed day and U.S. equity futures are little changed in anticipation of today's FOMC Policy Statement and press conference. Action is likely to remain subdued ahead of the Fed release. Market participants are pretty much fully expecting the FOMC to raise the target range for the fed funds... Read More

December 14, 2016

 The stock market ended the midweek session on a lower note, extending its retreat after the Federal Open Market Committee announced a 25-basis point rate hike. The S&P 500 settled lower by 0.8% while the Russell 2000 (-1.2%) underperformed. Going into today's session, market participants were all but sure that the... Read More

December 13, 2016

The stock market followed its Monday downtick with a Tuesday surge that lifted the key indices to new record highs. The S&P 500 gained 0.7% while the Nasdaq (+1.0%) outperformed ahead of tomorrow's FOMC policy statement, which will be released at 14:00 ET and is expected to call for... Read More

December 12, 2016

The S&P 500 (-0.1%) began the week with a modest downtick to register its first decline in seven sessions. The Nasdaq Composite (-0.6%) underperformed while the Dow Jones Industrial Average (+0.2%) eked out a slim gain. The new trading week was headlined by news from... Read More

December 9, 2016

The stock market wrapped up a strong week with another uptick on Friday. The S&P 500 gained 0.6%, extending its weekly advance to 3.1% while the Nasdaq Composite rose 0.5% to end the week higher by 3.6%.

 

Overall, the Friday affair was fairly quiet, allowing the market to continue respecting post-election trends. To be fair, small caps underperformed today, but the Russell 2000 (+0.1%) still ended the week ahead of other indices, jumping 5.6%.

Read More

December 8, 2016

The stock market secured its fifth consecutive advance with the S&P 500 rising 0.2% to extend this week's advance to 2.5%. True to this week's form, small caps outperformed, sending the Russell 2000 higher by 1.6%. The... Read More

December 7, 2016

  The stock market enjoyed its fourth consecutive day of gains with the S&P 500 rising 1.3% to a fresh record high. The benchmark index settled ahead of the Nasdaq Composite (+1.1%), which lagged since the start. Equity indices started the day near their flat... Read More

December 6, 2016

The stock market registered its third consecutive advance on Tuesday with the S&P 500 rising 0.3% while the Nasdaq Composite (+0.5%) outperformed slightly. Once again, the trading day was very quiet, but once again, that did not stop the market from inching higher. Investor sentiment remained upbeat despite the weekend failure... Read More

December 5, 2016

 The stock market began the week on a higher note with the Nasdaq Composite (+1.0%) showing relative strength on Monday. The tech-heavy index settled ahead of the S&P 500 (+0.6%), but both marked their highs during the initial hour, spending the afternoon inside narrow ranges. Equity indices enjoyed an upbeat start,... Read More

December 2, 2016

The stock market ended a down week on a flat note. The S&P 500 surrendered a seven-point gain to end just above its flat line. For the week, the S&P 500 lost 1.0%, the Nasdaq fell 2.7%, and the Dow ticked up 0.1%.... Read More

December 1, 2016

The stock market ended Thursday on a mixed note ahead of Friday's Employment Situation report for November (Briefing.com consensus 180,000). The Dow Jones Industrial Average (+0.4%) continued its recent outperformance while the S&P 500 (-0.4%) and Nasdaq (-1.4%) ended in negative territory for... Read More

November 30, 2016

 The stock market closed a strong month on a sloppy note as the S&P 500 (-0.3%) spent the day in a retreat from its opening high. The benchmark index narrowed its November gain to 3.4% while the Nasdaq Composite (-1.1%) underperformed, but still added 2.6% for the month. The Dow... Read More

November 29, 2016

    The major averages hover near their highs at midday with the Nasdaq Composite (+0.5%) trading just ahead of the S&P 500 (+0.3%). Equity indices have spent the first half of today's affair in a slow, but steady, updraft that has been underpinned by strength... Read More

November 28, 2016

 The stock market began the week on a lower note as the major averages consolidated after their post-election run. The Nasdaq Composite (-0.6%) settled slightly behind the S&P 500 (-0.5%). The domestically-oriented Russell 2000 (-1.3%), however, snapped a 15 session win streak. Participants favored a... Read More

November 25, 2016

The stock market endured a lazy, upward drift on Friday to end the abbreviated post-holiday session on a modestly higher note. The S&P 500 added 0.4%, extending its weekly advance to 1.4%. The benchmark index will enter the final three days of the... Read More

November 23, 2016

 The stock market ended the pre-holiday affair on a flat note despite a deluge of economic data. The Dow Jones Industrial Average (+0.3%) finished ahead of the S&P 500 (+0.1%) and the Nasdaq Composite (-0.1%). It is also worth noting that the domestically-oriented Russell 2000 (+0.5%) extended its winning streak... Read More

November 22, 2016

The stock market ended the Tuesday affair on a modestly higher note with the Dow Jones Industrial Average (+0.4%), Nasdaq Composite (+0.3%), and S&P 500 (+0.2%) carving out fresh record highs. The domestically-oriented Russell 2000 (+0.9%) also... Read More

November 21, 2016

The stock market began an abbreviated week on a higher note as the three major averages notched new all-time closing highs. The Nasdaq Composite (+0.9%) finished ahead of the S&P 500 (+0.8%) and the Dow Jones Industrial Average (+0.5%). The Russell 2000 (+0.4%)... Read More

November 18, 2016

 The stock market ended an upbeat week on a modestly lower note as the major averages consolidated after an impressive post-election run. The S&P 500 lost 0.2%, narrowing its weekly gain to 0.8%. Separately, the Russell 2000 (+0.5%) and the Nasdaq Composite (-0.2%) outperformed, rising a respective 2.6% and 1.6%... Read More

November 17, 2016

 The stock market ended the Thursday affair on a modestly higher note as investors assessed the latest battery of economic data. The Nasdaq Composite (+0.7%) finished ahead of both the S&P 500 (+0.5%) and the Dow Jones Industrial Average (+0.2%). Participants expanded their bets on an improving economy as increased inflation... Read More

November 16, 2016

 The major averages ended the midweek affair on a mixed note as investors continued to fine-tune their post-election positioning. The Nasdaq Composite (+0.4%) finished ahead of the S&P 500 (-0.2%) and the Dow Jones Industrial Average (-0.3%). The three indices are now up between 2.0% and 4.0% in November. Equity indices... Read More

November 15, 2016

The stock market ended the Tuesday affair on a higher note as investors continued to adjust their post-election positioning. The Nasdaq Composite (+1.1%) finished well ahead of the S&P 500 (+0.8%) while the Dow Jones Industrial Average (+0.3%) lagged, but still notched its... Read More

November 14, 2016

The stock market trades on a mostly lower note at midday as investors take some profits from the huge, post-election rally. The Nasdaq Composite (-0.5%) trades behind the S&P 500 (-0.2%) and the Dow Jones Industrial Average (-0.1%). The Russell 2000, however, remains... Read More

November 11, 2016

The stock market ended an extremely strong week on a fairly solid note as the post-election rally effort was maintained for the most part. The S&P 500 slipped just 0.1% while the Dow Jones Industrial Average ended with a gain of 0.2%. The two indices locked in respective weekly advances... Read More

November 10, 2016

 The stock market ended the Thursday affair on a mixed note as investors continued adjusting their positions in preparation for a Donald Trump presidency. The Dow Jones Industrial Average (+1.2%) notched a new all-time high while the S&P 500 (+0.2%) and the Nasdaq Composite (-0.8%) finished behind the price-weighted average. Equity... Read More

November 9, 2016

The stock market ended the Wednesday affair on a broadly higher note as participants re-positioned to account for a Donald Trump presidency. Mr. Trump recorded an upset victory against Democratic presidential nominee Hillary Clinton last evening. The Dow Jones Industrial Average (+1.4%) finished ahead of both the S&P 500 (+1.1%)... Read More

November 8, 2016

The major averages ended the Tuesday affair on a modestly higher note as participants awaited tonight's conclusion of a contentious US election cycle. The Nasdaq Composite (+0.5%) finished ahead of both the Dow Jones Industrial Average (+0.4%) and the S&P 500 (+0.4%). p style="margin:... Read More

November 7, 2016

The stock market began the week on a broadly higher note as diminished political uncertainty boosted risk appetite ahead of tomorrow's US presidential race. The Nasdaq Composite (+2.4%) finished slightly ahead of both the S&P 500 (+2.2%) and the Dow Jones Industrial Average (+2.1%). The benchmark index avoided a tenth consecutive... Read More

November 4, 2016

The stock market finished a downbeat week on a flat note as the S&P 500 (-0.2%) surrendered its intraday gain to extend its losing streak to nine sessions. The benchmark index only declined 1.9% over that period, but this is the longest string of losses since December 1980. The Dow... Read More

November 3, 2016

The stock market ended the Thursday affair on a lower note as the S&P 500 (-0.4%) retreated for the eighth consecutive session. Sellers remained more eager than buyers as falling oil prices, persistent political uncertainty, and weakness in the technology (-1.0%) and health... Read More

November 2, 2016

The stock market ended the midweek affair on a lower note as US election jitters overshadowed a largely in-line policy directive from the Federal Reserve. The Nasdaq Composite (-0.9%) finished behind the S&P 500 (-0.7%) and the Dow Jones Industrial Average (-0.4%). p style="margin:... Read More

November 1, 2016

 The stock market ended the Tuesday affair on a lower note as equities endured a broad-based selloff. The downturn was stoked by rising political uncertainty, further losses in crude oil, volatility in the Treasury market, and weakness in the heavily-weighted technology (-0.8%) and consumer discretionary (-0.8%) sectors. The Russell 2000... Read More

October 31, 2016

 The major averages finished the month on a flat note, settling with monthly losses across the board. Participants preferred a cautious approach at the beginning of the week as a glut of earnings reports and economic data remained in sight. The Nasdaq Composite was little changed, ending October down 2.3%.... Read More

October 28, 2016

 The stock market ended the Friday affair on a mixed note as political uncertainty ambushed participants at the end of another earnings-packed week. The Nasdaq Composite (-0.5%) extended its weekly loss to 1.3% while the S&P 500 (-0.3%; week-to-date: -0.7%) and the Dow Jones Industrial Average (-0.1%; week-to-date: +0.1%) finished... Read More

October 27, 2016

The stock market trades on a flat note at midday after an opening-hour rally stalled. The pullback was fueled by rising interest rates, strengthening in the U.S. Dollar Index (98.94, +0.31, 0.32%), and weakness in the heavily-weighted consumer discretionary (-0.7%) and industrial (-0.8%)... Read More

October 26, 2016

The stock market ended the midweek affair on a mixed note as investors mulled over underwhelming quarterly results and guidance from top-weighted Apple (AAPL 115.59, -2.66, -2.3%). Other factors impacting today's action included a fleeting rally in crude oil, rising long-term bond... Read More

October 25, 2016

The stock market ended the Tuesday affair on a modestly lower note as investors evaluated the latest batch of quarterly reports. Today's trade also featured a pullback in crude oil and increased volatility in the foreign exchange... Read More

October 24, 2016

 The major averages began the week on an upbeat note as an upswing in M&A activity and sector leadership from the top-weighted technology (+1.1%) space bolstered the broader market. The Nasdaq Composite (+1.0%) finished ahead of both the S&P 500 (+0.5%) and the Dow Jones Industrial Average (+0.4%). A recent wave... Read More

October 21, 2016

 The stock market ended an upbeat week on a flat note as the S&P 500 (UNCH) retraced most of an 11-point opening drop to finish little changed. The rebound effort featured its fair share of M&A chatter and leadership from the heavyweight consumer discretionary (+0.8%) and technology (+0.6%) sectors.... Read More

October 20, 2016

 The stock market ended the Thursday affair on a flat note as the latest round of quarterly reports prompted mixed reactions from investors. Global monetary policy was also in focus as participants digested the October policy decision from the European Central Bank and some somewhat hawkish commentary from a Federal... Read More

October 19, 2016

 The stock market ended the midweek affair on a flat note as investors responded to a fresh batch of quarterly earnings reports and a rally in crude oil futures. The Dow Jones Industrial Average (+0.2%) settled in-line with the S&P 500 (+0.2%) and slightly ahead of the Nasdaq Composite (+0.1%). The... Read More

October 18, 2016

  The stock market ended the Tuesday affair on a higher note as positive quarterly results from Netflix (NFLX 118.79, +18.99) and a few other bellwethers stoked risk appetite in the broader market. The tech-heavy Nasdaq (+0.9%) finished ahead of both the S&P... Read More

October 17, 2016

   The major averages began the week on a modestly lower note as participants preferred a risk-off approach ahead of key economic data and a barrage of corporate earnings reports. The Dow Jones Industrial Average (-0.3%) settled in-line with the S&P 500 (-0.3%) and... Read More

October 14, 2016

U.S. equity futures trade on a higher note with the S&P 500 futures trading nine points above fair value. Global markets followed Wall Street's lead last evening, reversing course after mulling yesterday's disappointing trade data out of China. The rebound effort has benefited... Read More

October 13, 2016

The stock market ended a roller-coaster Thursday on a modestly lower note as the major averages battled back from steep opening losses. The S&P 500 finished lower by 0.3% after stumbling 1.1% at the start of the session. The Nasdaq Composite (-0.5%) finished... Read More

October 12, 2016

The stock market ended Wednesday on a flat, and relatively mixed, note as the minutes from the FOMC's September policy meeting failed to disturb an otherwise quiet trading session. The S&P 500 (+0.1%) settled a hair below its 100-day simple moving average (2139.44) while the Nasdaq Composite (-0.2%) finished on... Read More

October 11, 2016

 The stock market ended Tuesday's session on a sharply lower note as equities endured a broad-based selloff, paced by technical selling and residual concerns related to a strengthening dollar, rising long-term rates, and valuations entering the third-quarter earnings reporting season. The Russell 2000 dropped 1.9% while the Nasdaq Composite finished... Read More

October 10, 2016

 The major averages began the week on a higher note, aided by a rebound in European markets, a rally in crude oil futures, and the outperformance of market heavyweight Apple (AAPL 116.06, +2.00). The Nasdaq Composite (+0.7%) settled ahead of both the Dow Jones Industrial Average (+0.5%) and the... Read More

October 7, 2016

The stock market finished a range bound week on a relatively flat note as investors pored over the Employment Situation Report for September. Interest rate volatility remained at the forefront as participants assessed an evolving fed funds rate hike picture and further Brexit... Read More

October 6, 2016

 The stock market ended Thursday relatively flat as some interest rate volatility and some caution ahead of the September employment report on Friday kept a lid on things. The Dow Jones Industrial Average (-0.1%) and the Nasdaq Composite (-0.2%) settled slightly behind the S&P... Read More

October 5, 2016

The stock market ended the midweek affair on a higher note as a rally in crude oil futures and financials (+1.5%) outweighed some lingering rate jitters. The Dow Jones Industrial Average (+0.6%) finished ahead of the Nasdaq Composite (+0.5%) and the S&P 500... Read More

October 4, 2016

 The stock market trades on a flat note at midday as participants maintain a holding pattern in the wake of recent macroeconomic developments and ahead of a data-heavy week. The S&P 500 (-0.3%) trades in-line with the Dow Jones Industrial Average (-0.3%) and behind the Nasdaq Composite (-0.1%). Equity indices began... Read More

October 3, 2016

 The stock market began the week on a modestly lower note as the major averages pulled back following last Friday's relief rally. Factors impacting today's trade included weakness in European financial names, an uptick in interest rates, and relative weakness from the heavily-weighted technology (-0.4%) and financial (-0.4%) sectors. The... Read More

September 30, 2016

The stock market ended a bumpy week on a higher note with all three major averages climbing near 0.8%. The S&P 500 (+0.8%) rallied into the late afternoon, but selling during the final minutes of the session drove the index just below its... Read More

September 29, 2016

The stock market ended the Thursday affair on a lower note as concerns regarding Deutsche Bank's (DB 11.48, -0.82) capital position weighed on the major averages. The Dow Jones Industrial Average (-1.1%) finished slightly behind the Nasdaq Composite (-0.9%) and the S&P 500... Read More

September 28, 2016

The major averages ended the midweek affair on a higher note as a leg higher in crude oil boosted risk appetite in the broader market. The energy component rallied in afternoon trade amid reports that OPEC reached a production cap agreement. The... Read More

September 27, 2016

 The stock market ended the Tuesday affair on a higher note as a reversal in the economically-sensitive financial (+0.9%) sector fostered a rebound in the broader market. Other factors impacting today's trade included regrouping after last evening's U.S. presidential debate and strong sector leadership from heavily-weighted consumer discretionary (+1.0%) and... Read More

September 26, 2016

The major averages began the week on a lower note as a downturn in the heavily-weighted financial sector (-1.5%) pressured the broader market. Participants also looked to move to the sidelines ahead of an oil producers meeting and the first U.S. presidential debate.... Read More

September 23, 2016

The stock market ended an upbeat week on a lower note as the major averages pulled back from their recent risk rally. Other factors impacting today's trade included a downturn in crude oil futures and the underperformance of the heavyweight industrial (-0.6%), financial (-0.7%), and technology (-1.0%) sectors. The Dow Jones... Read More

September 22, 2016

 The stock market ended the Thursday affair on a higher note as participants continued to mull over yesterday's policy decision and guidance from the Federal Reserve. The broader market maintained its risk-on posture for a second session as the Nasdaq Composite (+0.8%) finished ahead of both the S&P 500 (+0.7%)... Read More

September 21, 2016

The stock market ended the midweek affair broadly higher as participants responded to the latest policy statements from the Federal Reserve and Bank of Japan. The S&P 500 (+1.1%) finished slightly ahead of the Nasdaq Composite (+1.0%) and the Dow Jones Industrial Average... Read More

September 20, 2016

The stock market ended the Tuesday affair on a flat note as investors favored a cautious approach ahead of policy statements from the Federal Reserve and Bank of Japan. The Nasdaq Composite (+0.1%) settled in-line with the Dow Jones Industrial Average (+0.1%) and... Read More

September 19, 2016

  The stock market began the week on a flat note as participants displayed a lack of conviction ahead of key policy statements from the Federal Reserve and Bank of Japan. The Nasdaq Composite (-0.2%) settled behind both the Dow Jones Industrial Average (span... Read More

September 16, 2016

The stock market ended a volatile week on a lower note as participants responded to a downturn in European banking names and a hotter-than-expected reading of the Consumer Price Index (CPI) for August. The Dow Jones Industrial Average (-0.5%) settled behind the... Read More

September 15, 2016

The major averages trade on a higher note at midday as participants assess a string of recently-released economic reports. The Nasdaq Composite (+1.0%) leads the S&P 500 (+0.6%) and the Dow Jones Industrial Average (+0.6%). The three indices currently sport week-to-date gains between... Read More

September 14, 2016

 The stock market ended the midweek affair on a mixed note as investors favored a cautious approach ahead of a plethora of economic data and the latest policy statement from the Bank of England. The Nasdaq Composite (+0.4%) ended ahead of both the S&P 500 (-0.1%) and the Dow Jones... Read More

September 13, 2016

The major averages ended the Tuesday affair sharply lower as rising long-term interest rates pressured the broader market. The upswing in interest rates was led by growing uncertainty surrounding the future path and effectiveness of global central bank policy. The S&P 500 (-1.5%)... Read More

September 12, 2016

The stock market began the week on a sharply higher note as market participants dialed back rate hike expectations for the coming months. The major averages finished broadly higher, retracing the lion's share of Friday's losses. The Nasdaq Composite (+1.7%) settled slightly ahead... Read More

September 9, 2016

The stock market ended an otherwise flat week on a sharply lower note as increasing interest rates spurred selling interest in the broader market. The Nasdaq Composite (-2.5%) settled in-line with the S&P 500 (-2.5%) and behind the Dow Jones Industrial Average (-2.1%).... Read More

September 8, 2016

  The major averages trade on a moderately lower note at midday as participants weigh a disappointing policy statement from the European Central Bank against a rebound in crude oil futures. The Nasdaq Composite (-0.4%) trades behind the Dow Jones Industrial Average (-0.2%) and... Read More

September 7, 2016

The stock market ended a quiet midweek session on a flat note as participants employed some caution ahead of tomorrow's policy statement from the European Central Bank. The tech-heavy Nasdaq (+0.2%) settled slightly ahead of the S&P 500 (UNCH) and the Dow... Read More

September 6, 2016

 The stock market began an abbreviated week on a higher note as a weaker-than-expected reading of the ISM Non-Manufacturing Index for August led investors to dial back rate hike expectations for the year. The Nasdaq Composite (+0.5%) finished the day slightly ahead of the S&P 500 (+0.3%) and the... Read More

September 2, 2016

The stock market trades on a flat note at midday as investors continue to decipher the Employment Situation Report for August. At midday, the Dow Jones Industrial Average (+0.3%) trades neck-and-neck with the Nasdaq Composite (+0.3%) and the S&P 500 (+0.3%). The three... Read More

September 1, 2016

U.S. equity futures trade modestly higher with the S&P 500 futures floating three points above fair value. Futures hover above their flat lines as the group trades higher alongside European bourses. Market participants have largely shrugged off economic data from the region, which featured a disappointing reading of eurozone Manufacturing... Read More

August 31, 2016

The stock market ended the midweek affair on a modestly lower note as investors favored a cautious approach ahead of Friday's employment report. Other focal points impacting today's trade included a downturn in crude oil futures and relative weakness from the heavily-weighted industrial... Read More

August 30, 2016

The stock market ended a relatively quiet session on a flat note after the S&P 500 (-0.2%) spent the day inside a meager 12-point trading range. The Dow Jones Industrial Average (-0.3%) settled slightly behind both the Nasdaq Composite (-0.2%) and the benchmark... Read More

August 29, 2016

The stock market ended the Monday affair on a higher note as investors responded to a largely in-line Personal Income and Spending Report for July by walking back fed funds rate hike expectations. The Dow Jones Industrial Average (+0.6%) finished ahead of the S&P 500 (+0.5%) and the Nasdaq Composite... Read More

August 29, 2016

The stock market ended the Monday affair on a higher note as investors responded to a largely in-line Personal Income and Spending Report for July by walking back fed funds rate hike expectations. The Dow Jones Industrial Average (+0.6%) finished ahead of the S&P 500 (+0.5%) and the Nasdaq Composite... Read More

August 26, 2016

The stock market ended a downbeat week on a flat note as commentary from the Jackson Hole Symposium boosted U.S. rate hike expectations and weighed on the major averages. The Dow Jones Industrial Average (-0.3%) settled behind the S&P 500 (-0.2%) and the... Read More

August 25, 2016

 U.S. equity futures trade on a modestly lower note with the S&P 500 futures floating two points below fair value. Index futures inched lower as investors eyed a negative bias in global bourses and favored a cautious approach ahead of commentary from Fed Chair Janet Yellen. Ms. Yellen will address... Read More

August 24, 2016

The stock market ended the midweek affair on a lower note as a weaker-than-expected reading of existing home sales for July and a downturn in crude oil pressured the broader market. Other focal points impacting today's trade included a rebound in the dollar, caution ahead of Friday's speech from Fed... Read More

August 23, 2016

The stock market ended a relatively quiet session on a slightly higher note as an above-consensus reading of the New Home Sales Report for July and better-than-expected earnings results from the retail sub-group bolstered the broader market. The Nasdaq Composite finished higher by 0.3%, narrowly missing a new all-time closing... Read More

August 22, 2016

The stock market endured a choppy start to the week, but the S&P 500 (-0.1%) finished its day little changed. Equity markets exhibited a slight degree of caution as participants ruminated over recent commentary from central bankers and looked ahead to the Kansas... Read More

August 19, 2016

The stock market trades on a modestly lower note at midday as investors continue to reassess the possibility of at least one fed funds rate hike before the end of the year. The S&P 500 (-0.4%) leads to the downside while the tech-heavy Nasdaq (-0.2%) floats just beneath its flat... Read More

August 18, 2016

The stock market has endured a sleepy first half of trade as the S&P 500 (UNCH) traverses a narrow six-point trading range. Today's action has been dominated by softening in the dollar, which has acted as a tailwind for dollar-denominated commodities. In addition, cautious comments from influential fund manager... Read More

August 17, 2016

The stock market ended the midweek affair on a flat note as market participants walked back recently-adjusted rate hike expectations for the year. The change in thinking followed some dovish remarks from St. Louis Fed President Bullard (an FOMC voter) and less hawkish-than-feared minutes from the FOMC's July meeting.... Read More

August 16, 2016

 The stock market ended a relatively quiet session on a lower note as volatility in the foreign exchange market and some hawkish-sounding talk from a few Federal Reserve officials pressured the major averages out of record territory. The Nasdaq Composite (-0.7%) finished behind the S&P 500 (-0.6%) and the Dow Jones... Read More

August 15, 2016

 The stock market began the week on a higher note as the Nasdaq Composite (+0.6%), the Dow Jones Industrial Average (+0.3%), and the S&P 500 (+0.3%) each carved out new all-time closing highs. The benchmark index traversed a narrow seven-point trading range as a rally in crude oil buoyed the... Read More

August 12, 2016

The stock market ended a flat week on a similar note as disappointing readings of July retail sales (0.0%; Briefing.com consensus +0.4%) and July PPI (-0.4%; Briefing.com consensus 0.0%) stalled the major averages in record territory. The S&P 500 (-0.1%; week-to-date: +0.1%)... Read More

August 11, 2016

The stock market trades on a higher note at midday as the major averages respond to the latest round of quarterly earnings results and a rebound in crude oil. Other focal points impacting today's trade have included softening in the dollar and strong... Read More

August 10, 2016

 The stock market ended the midweek affair on a modestly lower note as weakness from the oil patch applied pressure to the broader market. For the most part, equities endured another quiet session as the quarterly earnings reporting season continues to taper off. Today's trade also featured a bid in... Read More

August 9, 2016

  The stock market ended the Tuesday affair on a flat note as the Nasdaq (+0.2%) settled ahead of the S&P 500 (UNCH) and the Dow Jones Industrial Average (UNCH). The major averages ended relatively unchanged as a downturn in crude oil and weakness in the consumer discretionary space... Read More

August 8, 2016

 The stock market began the week on a quiet note as the Nasdaq Composite (-0.2%) settled behind the S&P 500 (-0.1%) and the Dow Jones Industrial Average (-0.1%). The benchmark index meandered in an eight-point trading range as a rally in crude oil helped counter weakness from the heavyweight consumer... Read More

August 8, 2016

The stock market is little changed at midday with the Nasdaq Composite (-0.2%) trading slightly behind the S&P 500 (-0.1%). The benchmark index notched a new all-time intraday high (2185.54) at the start of the session, but the index has slipped from that... Read More

August 5, 2016

The stock market ended the week on a higher note as a positive reading of the Employment Situation Report for July helped the Nasdaq Composite (+1.1%) and the S&P 500 (+0.9%) notch new all-time closing highs. The upbeat employment report elicited buying interest... Read More

August 4, 2016

The stock market trades little changed at midday with the Nasdaq Composite (+0.2%) trading ahead of the S&P 500 (+0.1%), which managed to find support earlier in the day near its 20-day simple moving average (2162.33). Today's flat performance in the broader market comes on the heels of the Bank of... Read More

August 3, 2016

 The stock market ended the midweek affair on a flat note as investors looked ahead to tomorrow's policy statement from the Bank of England and significant data due out later in the week. The S&P 500 (+0.3%) snapped a two-day losing streak, benefiting from a rebound in crude oil and... Read More

August 2, 2016

 The stock market ended the Tuesday affair on a lower note as the key U.S. indices moved lower lockstep with global bourses. Today's decline was facilitated by disappointment surrounding Japan's latest fiscal stimulus package and continued weakness from European banking names. Additionally, a failed rebound attempt in oil and the... Read More

August 1, 2016

The stock market ended a volatile start to the week on a mixed note as a prolonged downturn in crude oil pressured equities. However, the broader market continued to show marked resilience to selling pressure as the S&P 500 (-0.1%) finished eight points off a freshly minted all-time intraday high (2178.29). Focal points impacting today's trade included strengthening in the dollar, an assortment of global manufacturing reports, bearish commentary from Goldman Sachs, and the outperformance of heavily-weighted technology (+0.4%) and health care (+0.6%). The Nasdaq Composite (+0.4%) finished ahead of the S&P 500 (-0.1%) and the Dow Jones Industrial Average (-0.2%). Read More

July 29, 2016

The stock market ended a bouncy week on a flat note as the S&P 500 (+0.2%) clawed back to little changed for the week (-0.1%). The Nasdaq Composite (+0.1%) also settled just above its flat line,... Read More

July 28, 2016

The major averages ended Thursday's session with some fight, but ultimately closed the day mixed and with modest changes.  The Nasdaq (+0.4%) outperformed on the back of Facebook's (FB 125.00, +1.66) glowing earnings report and some dealmaking... Read More

July 27, 2016

The stock market ended Wednesday on a mixed note, responding to a positive bottom-line reading from top-weighted Apple (AAPL 103.03, +6.36) and the latest policy statement from the Federal Open Market Committee. Other contributing factors impacting today's trade... Read More

July 26, 2016

The stock market ended the Tuesday affair on a flat note as investors eyed an influx of quarterly reports and upcoming policy statements from the Federal Reserve and Bank of Japan. The major indices recovered from an early pullback, responding to a modest rebound in crude oil and sector leadership... Read More

July 25, 2016

The stock market began the week on a lower note, pulling back alongside a sustained downturn in crude oil. Participants maintained a cautious posture ahead of upcoming macroeconomic events and influential earnings reports. Additional focal points impacting today's trade included softening in the dollar and weakness from the heavyweight industrial... Read More

July 22, 2016

 The stock market ended an upbeat week on a higher note as the major averages soared to new all-time highs. The broader market maintained its bullish posture as investors examined a hodgepodge of quarterly earnings reports. Other focal points impacting today's trade included strengthening in the dollar, weakness from the... Read More

July 21, 2016

 U.S. equity futures trade on a flat note as the S&P 500 futures trade within one point of fair value. Equity futures remain little changed after the European Central Bank announced that it would leave its interest rate corridor unchanged. The move is unsurprising after the Bank of England recently... Read More

July 20, 2016

The stock market ended the midweek affair on a higher note as above-consensus quarterly results from Microsoft (MSFT 55.91, +2.82) facilitated a bid in the heavyweight technology sector (+1.4%). Investors maintained a decidedly risk-on approach, bidding cyclical sectors and the beleaguered biotechnology... Read More

July 19, 2016

 The stock market ended the Tuesday affair on a mixed note, responding to a lukewarm batch of earnings reports and a negative bias in global bourses. Today's trade also featured a downturn in oil futures, strengthening in the dollar, and weakness from the heavily-weighted consumer discretionary (-0.2%) and health care... Read More

July 18, 2016

 The stock market endured a sleepy start to the week as the S&P 500 (+0.2%) occupied a narrow nine-point range for the duration of today's session. Investors favored a wait-and-see approach today, adopting caution ahead of the plethora of quarterly reports that are scheduled to be released before the end... Read More

July 15, 2016

The stock market ended an upbeat week on a flat note as the major averages consolidated after their recent rally to new all-time highs. The risk rally paused as investors ruminated over a positive reading of the June Retail Sales Report (+0.6%; Briefing.com... Read More

July 14, 2016

U.S. equity futures trade higher with the S&P 500 futures trading 18 points above fair value. Futures trade on a higher note as investors weigh monetary policy decisions overseas and positive earnings results here at home. The Bank of England surprised investors this morning, voting to leave its monetary policy... Read More

July 13, 2016

  The stock market ended the Wednesday affair on a flat note as the broader market spent most of the session consolidating after its recent rally. The S&P 500 (UNCH) ended its day narrowly above its flat line, extending its winning streak to... Read More

July 12, 2016

The major averages extended their recent rally to a third session as investors eyed potential stimulus measures out of the United Kingdom and Japan. The broader market maintained its risk-on approach, bidding up oil, growth sectors, and beleaguered currencies while selling off safe-haven assets. The S&P 500 (+0.7%) and the... Read More

July 11, 2016

The major averages began the week on a higher note as the S&P 500 (+0.3%) settled above its previous all-time closing high at 2130.82. The broader market continued its recent rally as participants remained upbeat following a headline beat in Friday's Employment Situation Report for June. Additionally, positive developments overseas,... Read More

July 8, 2016

 The stock market ended an abbreviated week on a higher note as a positive reading of the Employment Situation Report for June brought the S&P 500 (+1.5%) within 0.1% of its all-time intraday high (2134.72). The upbeat June employment report sparked a risk rally,... Read More

July 7, 2016

The S&P 500 (-0.3%) trades on a flat note at midday, slipping below the psychological 2100 price level. Today's action has taken on a cautious tone as investors look ahead to tomorrow's release of the Employment Situation Report for June. Additional factors contributing... Read More

July 6, 2016

 The stock market ended the Wednesday affair on a higher note, rebounding from selling pressure in the opening hour. Factors impacting today's rebound included a positive reading of the ISM Services Index for June, a reversal in oil, softening in the dollar, and the outperformance of the heavily-weighted health... Read More

July 5, 2016

The stock market ended its day on a lower note, slipping alongside European bourses. The move lower in U.S. equities was prompted by growing fears regarding Italian banking names and revitalized concerns regarding the United Kingdom's exit from the European Union. Additional factors... Read More

July 1, 2016

The stock market ended an upbeat week on a modestly higher note, extending its post-Brexit rally to a fourth straight session. Today's leg of the rebound was relatively restrained, owed partly to a 3.1% rally in the past three sessions. Other contributing factors... Read More

June 30, 2016

The stock market capped off the second quarter with the S&P 500 (+1.4%) clawing its way back to a 2.7% gain on the year. The three-day rebound resulted in the benchmark index trimming its post-Brexit loss to a paltry 0.7%. Today's leg of the rebound can be attributed to rising... Read More

June 29, 2016

The stock market ended the Wednesday affair on a broadly higher note, extending its recent rebound alongside European bourses. Equity markets continued their uptrend as investors maintained their risk-on posture, bidding oversold currencies, commodities, and the heavily-weighted financial (+2.3%), health care (+1.9%), and... Read More

June 28, 2016

The stock market finished Tuesday on a broadly higher note as equities rebounded alongside European bourses. The major averages drifted to the upside today as investors abandoned their risk-off posture, bidding oil, oversold currencies, and the heavily-weighted financial (+2.5%), technology (+2.0%), health care... Read More

June 27, 2016

 The stock market began its week on a lower note as investors eyed the potential implications of the United Kingdom leaving the European Union. The decision has had far reaching consequences across capital markets as investors look for clues to the potential timing and terms of the official breakup. Additional... Read More

June 24, 2016

The major averages ended a tumultuous session on a sharply lower note, selling off after the United Kingdom surprised markets by voting to leave the European Union. The move had widespread implications throughout capital markets as the S&P 500 (-3.4%) tumbled 75 points,... Read More

June 23, 2016

The stock market trades on a broadly higher note at midday, gaining traction as European indices extend their winning streak to a fifth straight session. The broad-based rally in Europe occurred as polls in Britain opened for the country's referendum on membership in... Read More

June 22, 2016

The stock market ended the midweek affair on a lower note as investors showed caution ahead of the United Kingdom's referendum vote regarding membership in the European Union. Contributing factors impacting today's trade included a downturn in oil and divided sector leadership between... Read More

June 21, 2016

The stock market ended the Tuesday affair on a flat note as fears regarding a potential Brexit remained in focus. Additional factors contributing towards today's trade included strengthening in the dollar, weakening in oil prices, largely in-line commentary from Fed Chair Janet Yellen,... Read More

June 20, 2016

 The stock market began its week on a higher note as investors eyed a rally in global equities following a reversal in Brexit polls. However, the equity indices finished off their highs due to a sell off in the final hour. Focal points for today's trade included a bid in... Read More

June 17, 2016

 The stock market ended a volatile week on a modestly lower note as investors eyed a downturn in the heavily-weighted health care (-1.1%) and technology (-0.9%) sectors. As a result, the tech-heavy Nasdaq (-0.9%) finished behind the S&P 500 (-0.3%). For the week, the two indices lost a respective 1.9%... Read More

June 16, 2016

The S&P 500 (-0.1%) trades on a lower note at midday as the benchmark index looks to extend its losing streak to six straight sessions. Today's trade has featured renewed concerns regarding the global economy, a leg lower in oil, strengthening in the... Read More

June 15, 2016

The stock market ended its Wednesday affair under selling pressure as investors responded to a shift in rate hike expectations following the Federal Open Market Committee's policy statement for June. Other contributing factors for today's trade included a downtick in oil, softening in... Read More

June 14, 2016

  The stock market ended the Tuesday affair on a lower note as investors favored risk-off trade ahead of key central bank decisions and next week's "Brexit" referendum. Additional factors contributing towards today's decline included strengthening in the dollar, a leg lower in oil, the violation of technical support at the... Read More

June 13, 2016

 The stock market began its week on a lower note as investors weighed ambiguities in the global economic outlook. Furthermore, participants showed a lack of buying conviction ahead of this week's policy meetings at the Federal Reserve and Bank of Japan. Focal points for today's trade included a bid in... Read More

June 10, 2016

investors eyed sizable losses in European bourses and sinking yields from overseas. Germany's DAX (-2.5%) helped lead the losses as participants reacted to weakness in equities and a continued bid in the Bund. On that note, the yield on 10-yr Bund carved... Read More

June 9, 2016

After securing three gains in a row, the major averages trade in negative territory at midday. The S&P 500 is lower by 0.4% while the Nasdaq Composite (-0.5%) underperforms.   font color="#000000" face="Calibri"... Read More

June 8, 2016

The stock market endured a quiet midweek session, but the light participation did not stop the S&P 500 from rising 0.3% to register its third consecutive gain. The benchmark index extended its weekly advance to 1.0% with materials (+0.7%) and industrials (+0.7%) ending... Read More

June 7, 2016

The stock market ended the Tuesday affair on a flat note as a rally in crude oil and a positive economic outlook from Fed Chair Yellen could not keep equities near their highs. Additionally, the Dow Jones Transportation Average (+1.1%) and the span... Read More

June 6, 2016

The major averages ended their day on a higher note as investors deciphered recent remarks from Fed Chair Yellen about the economic outlook and monetary policy. Other focal points for today's trade included strength from the oil patch, continued softness in the dollar, relative weakness in safe-haven areas, and key... Read More

June 5, 2016

The stock market ended a flat week on a similar note as investors digested a below-consensus reading of the Employment Situation Report for May. The S&P 500 lost 0.3%, ending its week unchanged. Today's trade included weakening in the dollar, a downswing in oil, a rally in the Treasury complex,... Read More

May 31, 2016

The major averages ended the Tuesday session on a mixed note after the S&P 500 (-0.1%) tested and failed to clear resistance at the 2102/2104 price level. Today's trade also featured positive economic data, a reversal in crude oil, strengthening in the dollar, and the underperformance of the financial (-0.3%)... Read More

May 27, 2016

The stock market ended the week on a higher note as the S&P 500 (+0.4%) navigated a ten-point range. Focal points for today's trade included commentary from Fed Chair Janet Yellen and key sector leadership from the heavily-weighted financial (+0.7%), technology (+0.6%), health... Read More

May 26, 2016

The stock market trades on a flat note at midday as the major averages vacillate alongside oil. Today's trade has featured positive readings of April Durable Goods Orders (+3.4%; Briefing.com consensus +0.6%) and weekly Initial Claims (268k; Briefing.com consensus 275k), a downtick in... Read More

May 25, 2016

The stock market ended the Wednesday affair on a higher note as the S&P 500 (+0.7%) extended its May gain to 1.2%. Focal points for today's trade included a positive reading of the Department of Energy's stockpile data, leadership from the heavily-weighted financial... Read More

May 24, 2016

 [BRIEFING.COM] The S&P 500 (+1.4%) ended the Tuesday session above its 50-day simple moving average (2062) as stocks rallied in the wake of a positive reading of April New Home Sales (619,000; Briefing.com consensus 521,000). Other contributing factors for today's gain included support from the oil pit and the... Read More

May 23, 2016

The S&P 500 (-0.2%) began its week on a flat note with the index traversing a narrow eight-point range. Focal points for today's action included hawkish commentary from FOMC members, a downtick in the dollar, a modest loss in oil, and the... Read More

May 20, 2016

The stock market ended a flat week on a higher note as the S&P 500 (+0.6%; week-to-date +0.3%) broke a three-week losing streak. Today's action featured a rebound in global equity markets, a modest gain in the dollar, and the outperformance of the... Read More

May 19, 2016

The stock market trades on a lower note at midday as investors continue to respond to the possibility of a sooner than expected fed funds rate hike. Other contributing factors for today's decline have included a leg lower in oil, strength in the... Read More

May 18, 2016

The stock market ended the Wednesday affair on a flat note as the major averages rebounded following a hawkish reading of the FOMC's April minutes. Other focal points of today's action included continued weakness from the retail sub-group, a rebound in the dollar,... Read More

May 17, 2016

The major averages ended Tuesday on a lower note, erasing yesterday's gains. Today's trade featured a hotter-than-expected reading of April CPI (+0.4%; Briefing.com consensus +0.3%), hawkish commentary from FOMC members, a breach of the 50-day simple moving average (2056.90) in the S&P... Read More

May 16, 2016

  The S&P 500 (+1.0%) began its week on a higher note as the index reclaimed its 50-day simple moving average (2056.09). Today's trade featured an upswing in the oil pit, weakness in the dollar, an uptick in M&A activity, and a rebound in... Read More

May 13, 2016

  The stock market ended a downbeat week on a lower note as equities pulled back following continued weakness from the retail sub-group. Additional focal points included the S&P 500 (-0.9%) breaching technical support at its 50-day simple moving average (2054.74), mounting selling pressure... Read More

May 12, 2016

The major averages trade on a lower note at midday as weakness in heavyweight health care (-0.8%), technology (-0.8%), and industrials (-0.4%) drags on the broader market. Today's trade has featured a reversal in oil, a below-consensus reading of weekly initial claims, and... Read More

May 11, 2016

  The stock market ended its day broadly lower as weaker-than-expected earnings and guidance weighed on retail names and the broader consumer discretionary sector (-2.0%). Other focal points of today's action included an upswing in oil, weakness... Read More

May 10, 2016

 The stock market ended the Tuesday affair broadly higher as the S&P 500 (+1.3%; month-to-date +0.9%) erased its monthly loss. Focal points of today's trade included positive data from overseas, a rebound in oil prices, a largely range-bound session in the U.S. dollar, and the outperformance of the heavily-weighted industrial... Read More

May 9, 2016

The stock market began its week on a flat note as a rebound in the heavyweight health care (+1.1%) sector compensated for a downturn from the oil pit. Additional focal points for today's trade included strengthening in the dollar, weakness in commodities, and... Read More

May 6, 2016

[BRIEFING.COM] The stock market ended a downbeat week on a higher note as investors digested a below-consensus reading of the Employment Situation Report. The S&P 500 gained 0.3%, trimming its weekly loss to 0.4%. Additional factors that impacted today's trade included a... Read More

May 5, 2016

The stock market trades on a flat note at midday as the S&P 500 (+0.2%) trims its weekly decline to 0.5%. Today's trade has featured a rally in crude oil, an uptick in the dollar, and leadership from the heavyweight health care (+0.5%)... Read More

May 4, 2016

The stock market spent the Wednesday session under pressure as vacillating oil prices fueled a retreat in the broader market. Meanwhile, mixed economic data clouded the economic picture while a rebound in the dollar contributed to a risk-off posture. Furthermore, relative weakness from... Read More

May 3, 2016

 The major averages ended the Tuesday affair under pressure as the Nasdaq Composite (-1.1%) and the S&P 500 (-0.9%) erased yesterday's modest gains. Today's trade centered on a downtick in oil, concerns over global growth, continued swings in the currency market, and weakness in the financial (-1.3%)... Read More

May 2, 2016

 The major averages began their week on a higher note as the S&P 500 (+0.8%) rebounded from last week's decline of 1.3%. Contributing factors for today's trade included below-consensus economic data, weakness from the oil pit, a leg lower in the dollar, and the outperformance of the heavily-weighted consumer discretionary... Read More

April 29, 2016

The stock market ended a downbeat week on a lower note as the major averages surrendered to month-end selling pressure. Today's trade featured a slew of economic data, a downturn in oil, continued strength in the yen, and the underperformance of the heavily-weighted health care (-1.5%), technology (-0.9%), and financial... Read More

April 28, 2016

The stock market trades on a mixed note at midday as investors weigh disappointing news from the Bank of Japan against the advance estimate of Q1 GDP (+0.5%; Briefing.com consensus +0.9%), which was largely in-line. Additionally, today's trade has featured an uptick in M&A activity, and the outperformance of... Read More

April 27, 2016

  [BRIEFING.COM] The stock market ended its Wednesday affair on a mixed note as the major indices moved higher following the March policy statement from the Federal Open Market Committee. Other contributing factors to today's trade included below-consensus quarterly results from Apple (span... Read More

April 26, 2016

The major averages ended their day little changed as investors evaluated a slew of quarterly earnings results against the potential implications of tomorrow's policy statement from the Fed. Additional focal points of today's trade included a rally in crude oil, weaker-than-expected economic data,... Read More

April 25, 2016

The stock market ended a quiet session on a lower note as investors maintained a risk-off posture ahead of a busy week. Today's decline can be attributed to a downturn in crude oil, presumed profit-taking, and the underperformance of the heavily weighted industrial... Read More

April 22, 2016

The stock market ended a mixed week on a wobbly note as disappointing earnings results from the likes of Alphabet (GOOG 718.77, -40.37) and Microsoft (MSFT 51.78, -4.00) weighed on the technology (-1.9%) sector. The major averages ended off their lows... Read More

April 20, 2016

The stock market ended the Thursday affair on a lower note as the major averages pulled back after a recent run higher. Today's downturn can be attributed to retreating oil prices, mixed earnings results, and the underperformance of the heavily-weighed financial sector (-1.0%).... Read More

April 19, 2016

  The stock market trades on a mixed note at midday as the major averages move to session lows after the S&P 500 (+0.1%) failed to clear resistance at the 2100/2104 level. Focal points of today's action have included weaker than expected economic data,... Read More

April 18, 2016

The stock market ended the Monday affair on a higher note as the major averages recovered from some early oil-fueled selling. Today's move higher was buttressed by the outperformance of the heavily-weighted health care (+0.9%), consumer discretionary (+0.9%), and financial (+0.7%) sectors. The S&P 500 (+0.7%) ended its day ahead... Read More

April 15, 2016

The major averages ended an upbeat week on a lower note as a week-long rally in the heavily-weighted financial sector (-0.3%) came to an end. Other focal points for today's trade included some below-consensus domestic economic data, a slide in crude oil, and the underperformance of the heavily-weighted technology (-0.5%)... Read More

April 14, 2016

The stock market ended Thursday on a flat note as the indices surrendered their slim intraday gain during the final hour. Meanwhile, better than feared earnings reports from the beleaguered financial sector (+0.3%) lent support to the major averages for a second day in a row. Additionally, today's action also... Read More

April 13, 2016

The stock market ended the Wednesday affair on a higher note as better than feared earnings results from JPMorgan Chase (JPM 61.79, +2.51) and CSX (CSX 26.03, +1.04) boosted their respective sectors and the broader market. Additionally, today's trade saw a downturn in crude oil, below-consensus readings... Read More

April 12, 2016

The S&P 500 ended the Tuesday affair higher by 1.0%, taking part in a lockstep rally with crude oil. Other factors for today's gain included leadership from the heavily-weighted financial (+1.3%), health care (+0.8%), and industrial (+0.8%) sectors. The benchmark index (+1.0%) ended its day ahead of the Dow Jones... Read More

April 11, 2016

The stock market began the week on a lower note as the major averages sunk into negative territory in a final-hour sell off. Today's action featured an uptick in crude oil, positive sentiment from overseas, and the underperformance of the heavily-weighted health care... Read More

April 8, 2016

 The stock market ended a bumpy week on a flat note as the major averages spent the day in a steady retreat off their morning highs. Today's trade also featured a rally in crude oil, continued strength from the yen, and the underperformance of the heavily-weighted health care (-0.4%) and... Read More

April 7, 2016

  The stock market ended the day on a broadly lower note as uncertainty over the global economy led investors towards safe havens. Today's loss dragged the S&P 500 (-1.2%) back into negative territory for the year (year-to-date -0.1%) as relative weakness from the... Read More

April 6, 2016

  The stock market ended the Wednesday affair on a higher note as the major averages rallied in lockstep with crude oil throughout today's session. Other factors that contributed to today's advance included persistent leadership from the heavily-weighted health care (+2.7%) sector and the... Read More

April 5, 2016

The stock market ended the Tuesday affair on a lower note as global growth concerns and new rules regarding tax inversion mergers dominated today's trade. Additionally, fluctuating oil price and the underperformance of the heavily-weighted financial (-1.4%) and health care (-1.2%) spaces provided... Read More

April 4, 2016

The major averages began the week on a lower note as the broader market pulled back from its impressive finish to the first quarter. Additional factors to today's decline included a slide in crude oil prices, hawkish remarks Boston Fed President Eric Rosengren... Read More

April 1, 2016

 The stock market ended an upbeat week on a higher note as investors focused on the largely in-line reading of the March jobs report. Additional factors that impacted today's trade included a downturn in oil, a transitory rebound in the dollar, and leadership from the heavily-weighted health care (+1.3%), technology... Read More

March 31, 2016

The stock market trades on a modestly higher note at midday as the major averages shake some early weakness following the release of the Employment Situation Report for March. Other focal points of today's trade have included a fleeting rebound in the dollar,... Read More

March 30, 2016

The stock market ended the Wednesday affair on a higher note as cautious remarks from Fed Chair Yellen boosted risk appetite for the second day in a row. Additional focal points for today's trade included relative strength from the heavyweight technology (+0.7%) and... Read More

March 29, 2016

The stock market ended its day on a sharply higher note as Fed Chair Janet Yellen boosted equities by striking a decidedly dovish tone. Meanwhile, the outperformance of the heavily-weighted technology (+1.6%) and health care (+1.2%) spaces added support to the move higher. Conversely, a downturn in crude oil and... Read More

March 28, 2016

The stock market began the week on a flat note as the S&P 500 added 0.1% while the Nasdaq Composite (-0.1%) underperformed. Today's action featured a slide in crude oil, a noteworthy revision to economic data from January, and relative strength from the... Read More

March 24, 2016

The stock market ended an abbreviated week with a rally off its opening lows. Thanks to the final-hour push, the market ended the day on a mixed note as the S&P 500 (UNCH) recovered all but one point from its opening decline... Read More

March 23, 2016

The stock market spent the Wednesday session under selling pressure as a tumble in crude oil fueled a retreat in the broader market. Meanwhile, hawkish commentary from St. Louis Fed President Bullard (FOMC voting member), the underperformance of the heavyweight financial sector (-0.8%), and some below-consensus earnings results led... Read More

March 22, 2016

The stock market opened the Tuesday affair under moderate selling pressure as investors responded to news of terror acts in Brussels. Since the opening half hour, the major indices have been able to move off their worst levels of the day, and now... Read More

March 21, 2016

The stock market began the week on a higher note as the major averages recovered from a weaker-than-expected February Existing Home Sales reading (5.08 million; Briefing.com consensus 5.37 million) and volatile oil trade. Today's advance was owed to key sector leadership from the... Read More

March 18, 2016

The stock market ended an upbeat week on a positive note as the S&P 500 (+0.4%) extended its win streak to five weeks and also managed to enter positive territory on a year-to-date basis (year-to-date +0.3%). Contributing factors to today's trade included leadership... Read More

March 17, 2016

 The stock market ended Thursday's session up 0.7%. The gain itself was not a major gain, yet today's trading action was notable as the S&P 500 got back to the unchanged mark for the year (and even slightly positive) during the session. Some late-day selling interest knocked the S&P back... Read More

March 16, 2016

The stock market ended its Wednesday affair broadly higher as the major indices rallied in response to the Federal Open Market Committee's policy statement for March. Other contributing factors to today's gain included a sharp uptick in oil prices and key sector leadership... Read More

March 15, 2016

The stock market finished the day on a mixed note as the major averages recovered from steeper opening declines. Today's trade saw equity markets moving in tandem with oil, as participants weighed a disappointing reading of the February Retail Sales report against a... Read More

March 14, 2016

The stock market managed to end its day on a flat note despite early and sustained weakness from the oil pit. Additionally, relative weakness from the heavyweight financial sector (-0.4%) was outweighed by strength in the influential technology (+0.1%) and the consumer discretionary (+0.4%) spaces. The Dow Jones Industrial Average... Read More

March 11, 2016

 The stock market ended an upbeat week on a higher note as investors backpedaled from yesterday's initial response to the European Central Bank's latest policy statement and remarks from ECB President Draghi. Meanwhile, supportive conditions from the oil patch and leadership from the heavyweight financial (+2.7%) sector expanded the... Read More

March 10, 2016

The stock market endured a shaky session on Thursday as the major averages backed away from recent rebound highs. Today's decline was goaded by a lack of sector leadership from the heavyweight technology (-0.1%) and financial (-0.1%) sectors, uncertainty over whether the European... Read More

March 9, 2016

The major averages ended their midweek affair on a higher note as a leg higher in oil supported a modest gain in the stock market. Additionally, leadership from the heavyweight technology sector (+1.0%) countered some choppy trade from the likes of the financial... Read More

March 8, 2016

The S&P 500 snapped a five-day win streak on Tuesday as the U.S. market reacted to rekindled growth concerns out of China. Meanwhile, a tumble in oil prices, consolidation after the recent leg higher in the major averages, and the underperformance of the... Read More

March 7, 2016

The major averages began their week on a flat note as an oil rally was unable to bolster the broader market through the closing bell. Contributing factors to today's trade included a consolidation from the recent three-week winning streak, the underperformance of the... Read More

March 4, 2016

The stock market ended an upbeat week on a wobbly note. The S&P 500 added 0.3% after being up 0.8% going into the late afternoon. Despite the late slip from session highs, the benchmark index still registered its third consecutive weekly advance, climbing... Read More

March 3, 2016

The stock market ended the Thursday affair on a higher note with the S&P 500 gaining 0.4% ahead of tomorrow's release of the February Employment Situation Report. The benchmark index managed to erase a nine-point loss, climbing to its best level by the... Read More

March 2, 2016

The stock market ended its Wednesday affair on a higher note as investors focused on rate hike implications from a better-than-expected reading of the ADP National Employment Report and rising oil prices. Meanwhile, strong sector leadership from the financial group (+0.9%) helped fuel today's advance. The S&P 500 (+0.4%)... Read More

March 1, 2016

The stock market began March with a broad-based rally as the major averages responded to a better-than-expected reading of the ISM Index for February. Additionally, today's rally was supported by key sector leadership from the financial (+3.5%) and technology (+3.1%) sectors, positive trade from the oil pit, dovish remarks... Read More

February 29, 2016

The stock market ended its first session of the week and the last session of February under selling pressure as the heavyweight health care (-1.6%) and financial (-1.1%) spaces weighed on the broader market. Today's trade saw a brief departure from equities trading... Read More

February 26, 2016

The stock market ended an upbeat week with a hiccup as the implications of a hotter than expected core PCE reading (0.3%; Briefing.com consensus of 0.1%) augmented concerns regarding a sooner than expected Fed rate hike. Today's trade saw a continuation of... Read More

February 25, 2016

The major U.S. indices managed to end their session on a higher note as news from the oil patch helped lift the averages to their best levels of the day. Additionally, a stronger than expected reading in the durable goods report (+4.9%; Briefing.com... Read More

February 25, 2016

The major U.S. indices managed to end their session on a higher note as news from the oil patch helped lift the averages to their best levels of the day. Additionally, a stronger than expected reading in the durable goods report (+4.9%; Briefing.com... Read More

February 24, 2016

The stock market ended the Wednesday affair on a positive note as the major indices managed to recover from steep morning losses. Today's trade saw equity markets moving in tandem with oil while heavily-weighted sectors like financials (-0.2%) and industrials (+0.1%) recovered from... Read More

February 23, 2016

The major averages ended their day on a lower note as the broader market felt renewed pressure from the oil patch. Additionally, the underperformance of influential sectors and a worse than anticipated consumer confidence reading helped end the market's recent winning streak. Before today's session, the stock market had advanced... Read More

February 22, 2016

The major U.S. indices began their week on an upbeat note as equities rallied in tandem with crude oil. Meanwhile, a reversal in industrial metals buoyed investor sentiment while chatter regarding a merger between industrial giants Honeywell (HON 105.17, -2.10) and United Technologies (UTX 92.37, +4.14) pushed the... Read More

February 19, 2016

The major averages ended an up week on a mixed note as investors deliberated the effect of hotter than expected CPI data on future fed funds rate hikes. Meanwhile, a fresh dose of weakness from the oil patch and some disappointing earnings... Read More

February 18, 2016

The major averages ended the day on a modestly lower note as equity indices pulled back from a three day rally. Today's loss of momentum can be attributed to the financial sector moving from leader to laggard, short-term overbought conditions, volatile oil trade,... Read More

February 17, 2016

The major averages ended their Wednesday affair on a higher note, rallying throughout the day alongside crude oil. Adding to today's positive sentiment was sustained sector leadership from the heavily-weighted technology (+2.3%) and consumer discretionary spaces (+2.1%), dovish commentary from Boston Fed President... Read More

February 16, 2016

The stock market ended its first session of the week on a higher note, with the major indices continuing their rally from the end of last week. Today's trade saw a departure from the recent trend of equities trading lockstep with oil, as... Read More

February 12, 2016

The stock market ended its week in upbeat fashion, with the major indices recouping large portions of their weekly losses. As a result, the Dow Jones Industrial Average cut its loss to 231 points (-1.4%) from last Friday's close while the S&P surrendered... Read More

February 11, 2016

 The capital markets have been a hot mess in 2016 and things heated up again on Thursday on a series of headlines that led mostly to a risk-averse disposition. The concise overview is that stock prices declined, oil prices fell, gold prices surged, the yen continued to strengthen, and the 10-year... Read More

February 10, 2016

The major averages ended Wednesday's affair under heavy selling pressure, which left the Dow Jones Industrial Average and S&P 500 in negative territory when the closing bell rang.  The Nasdaq managed a modest gain, yet still gave back a huge chunk of an earlier 101-point gain. Once again, trade centered... Read More

February 9, 2016

The stock market ended a volatile Tuesday affair with a final hour rally that led the major averages to within striking distance of their flat lines. Today's action was hallmarked by a rebound in the short-term oversold market as global growth concerns, the... Read More

February 8, 2016

The stock market ended its first session of the week with moderate losses despite strong buying interest in the final hour of trade. Today's trade was dominated by concerns regarding slowing global growth, a decline in oil, and the ability to sustain further... Read More

February 5, 2016

The major averages ended the final session of the week under heavy selling pressure as the health of the U.S. economy and its ability to sustain further fed funds rate hikes remained in focus following the release of the January Employment Situation Report. The report contained diverging metrics that showed... Read More

February 4, 2016

The stock market ended its Thursday session on a modestly higher note as shaky trading in oil weighed on the market as a whole. Today's trade saw the continued influence of a few other repeat players, as central bank policies, mixed earnings results, and weaker than expected economic data remained... Read More

February 3, 2016

The stock market ended a volatile Wednesday session on a mixed note as the major averages rallied off their opening lows. Today's advance can be attributed to a lockstep rally in oil, an easing of the strong dollar, and dovish remarks from New York Fed President and FOMC voting... Read More

February 2, 2016

 The stock market ended its Tuesday affair under heavy selling pressure as the major indices followed oil's rout to close near their session lows. The tech-heavy Nasdaq (-2.2%) ended behind both the S&P 500 (-1.9%) and the Dow Jones Industrial Average (-1.8%). Today's selloff was underpinned by: Substantial losses in biotechnology Weakness from... Read More

February 1, 2016

The major averages were able to end their first session of the week on a mixed note despite starting this morning under some selling pressure. Today's session saw a divergence with the recent tradition of equities trading in lockstep with the direction of... Read More

January 29, 2016

The major indices ended the last trading session of a miserable January on a sharply higher note. Today's rally followed the Bank of Japan's vote to adopt a negative interest rate policy while oil added to its recent advance. The Dow Jones Industrial... Read More

January 28, 2016

The major averages ended the Thursday affair modestly higher as speculation regarding oil output cuts, and positive earnings results helped keep the stock market in positive territory. However, the major indices lost their footing near their opening highs as weaker than expected economic data, and conflicting reports between OPEC... Read More

January 27, 2016

The stock market ended its Wednesday affair under heavy selling pressure as the major indices sold off in response to the Federal Open Market Committee's policy statement for January. Today's trade saw a break with tradition as a jump in crude prices was not enough to alter the trajectory of... Read More

January 26, 2016

The stock market ended an upbeat Tuesday session off its high but with solid advances in the major indices. Today's rally was sustained by a sharp rebound in crude oil and a dovish tone expected from the Federal Open Market Committee's policy statement... Read More

January 25, 2016

The stock market ended its first session of the week under heavy selling pressure, pinned down by declining oil prices, added selling pressure in the financial sector, a decidedly poor showing from the small-cap stocks and a violation of a technical support level at 1890 for the S&P 500. The biggest... Read More

January 22, 2016

 The stock market ended a volatile week on a sharply higher note thanks to a broad-based rally. The tech-heavy Nasdaq (+2.7%) outperformed both the S&P 500 (+2.0%) and the Dow Jones Industrial Average (+1.3%). The Friday spike was fueled by factors like: A rebound from near-term oversold conditions Speculation regarding additional monetary... Read More

January 21, 2016

The major averages ended the Thursday session off their highs, as a rebound fizzled out in afternoon action, leaving the key indices near the middle of their trading ranges. The rebound in equities took place along with a similar effort in crude oil. The commodity and the stock market lost... Read More

January 20, 2016

The major averages ended the Wednesday affair off their lowest levels as a rebound effort gained traction during the afternoon. The reversal in equities was partly fueled by recovering oil prices, but more likely, a short-term oversold market invited participants to take on more risk. Despite the rebound effort, the... Read More

January 19, 2016

The major averages ended the first session of the abbreviated week above their flat lines, as pressure regarding global growth and lower oil prices weighed on the market's early rally. Today's session began sharply higher after a miss in China's Q4 GDP report invited speculation regarding potential stimulus from... Read More

January 15, 2016

The major indices hover above their worst levels of the day after an aggressive selloff through the first half. Today's session has marked a new 52-week low in the benchmark index as it has surrendered more than 52 points this session. The averages have slipped as oil concerns and poor... Read More

January 14, 2016

The stock market ended its Thursday affair near its best level of the day thanks to daylong rallying. The last half hour saw a bit of selling pressure, but the S&P 500 settled within x points of its high. Today's rally occurred alongside... Read More

January 13, 2016

  The major averages ended their midweek session sharply lower with the tech-heavy Nasdaq (-3.4%) trailing the S&P 500 (-2.5%). Equity indices surrendered their opening gains amid continued growth concerns that also pressured crude oil from its overnight... Read More

January 12, 2016

The stock market ended its volatile Tuesday affair on a positive note, with the S&P 500 advancing 0.8%. The stock market fixated on oil prices today after mostly quiet overseas sessions. Despite the moderate advance, the rally remained muted for most of the day thanks to ongoing commodity concerns. The... Read More

January 11, 2016

The stock market began the week on a flat note with the S&P 500 adding 0.1% while the tech-heavy Nasdaq (-0.1%) trailed the benchmark index. Falling oil prices in the face of global growth concerns continued to weigh on the overall sentiment, short-circuiting... Read More

January 8, 2016

The major indices ended their day under heavy selling pressure as the market was rebuffed on its muted rebound effort. Sliding oil prices, global growth concerns, and the future path of the federal funds rate remained in focus as investors appeared less than... Read More

January 7, 2016

The stock market ended the Thursday affair broadly lower after a volatile start to the trading day. The sharply lower start to the day was brought on by renewed global growth concerns and worries about incoming deflationary pressures. A sharp decline in oil... Read More

January 6, 2016

The major averages ended their midweek session sharply lower with the S&P 500 (-1.3%) registering its third consecutive decline as global markets responded to fresh international concerns and continued pressure in oil. The benchmark index settled just above its worst level of the day while the tech-heavy Nasdaq (-1.1%) outperformed. The... Read More

January 5, 2016

The stock market endured a shaky session on Tuesday with the S&P 500 trading inside a 16-point range. The benchmark index spent some time in negative territory, but settled within the upper-end of its trading range, adding 0.2%, while the Nasdaq Composite (-0.2%)... Read More

January 4, 2016

The stock market ended its first session of 2016 broadly lower, following opening selling pressure that wouldn't ease until the last half hour of trading. The S&P 500 (-1.5%) finished ahead of the Dow Jones Industrial Average (-1.6%) and the Nasdaq (-2.1%), but the benchmark index fell below its 100-day moving average (2024). The major averages stumbled into the open after overseas concerns in China and the Middle East weighed down futures. Read More

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