Market action is choppy like Lake Michigan along the shores of the Windy City. The S&P 500 has traded in nearly 30-point range and, after an initial run to 1902.96, is down 2.24 points to 1880.70 heading into midday Thursday. Treasury bonds continue to see surprisingly little volatility in the wake of Wednesday’s FOMC announcement […]
Stocks opened higher and are holding gains into midday Tuesday. The S&P 500 is up 20.45 points to 1897.25 and a few points from session highs. Earnings news is helping the rebound attempt, with large cap names like Procter & Gamble (PG), 3M (MMM), and Corning (GLW) seeing gains on better-than-expected results. The Energy (XLE) […]
Stocks opened mixed, but are broadly higher into midday Thursday and attempting to build on the dramatic rally Wednesday afternoon. The S&P 500 is up 18.50 points to 1877.83 and an impressive 3.6% above the 52-week lows seen intraday yesterday. Gains across Europe’s equities markets amid pledges of liquidity from ECB President Draghi set the […]
Stocks opened broadly higher after the three-day weekend, but have pared some of the gains heading into midday Tuesday. The S&P 500 is up 11.55 points to 1891.88 and roughly 10 points from session highs. Treasury bonds are giving back some of the gains seen over the past two weeks and the yield on the […]
Stocks saw choppy trading at the open, but have found some strength heading into midday Thursday. After falling to low of 1878.93 this morning, the S&P 500 is up 22.90 to 1913.18 and nearly 2% off its worst levels. Energy (XLE) is leading the advance after crude oil recovered 70 cents to $31.18. Healthcare (XLV), […]
Stocks see a second day of mixed trading as investors await earnings and economic news. After the modest 1.64-point advance Monday, the S&P 500 is up 7 points to 1930.87 heading into midday Tuesday. Technology (XLK), Consumer Discretionary (XLY), and Healthcare (XLV) are keeping the S&P above water. However, Energy (XLE), Basic Materials (XLB), and […]
The bearish funk continues as the S&P 500 falls for a fifth time in six days. Weakness across overseas equities markets again set the table for morning losses on Wall Street Thursday and, despite a modest morning rebound attempt, the S&P is down 24.40 to 1965.86. Unlike prior trading sessions, Treasury bonds are not seeing […]
Trading turned mixed Tuesday morning after the brutal sell-off the day before. The S&P 500 is off 1.30 points to 2011.36 heading into midday, but up nearly 22 points from the intraday low Monday. Still, the underlying tone remains cautious ahead of jobs data later this week and after global equities markets were rattled to […]
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