Stocks are broadly higher for a third day amid end of quarter position squaring. Heading into midday Thursday, the S&P 500 has added 12 points to 2082.77 and has now rebounded an impressive 4.2% since Monday. For the quarter, the index is up 1.1%, but has lost .7% through the month of June. Treasury bonds […]
Stocks rebounded from two days of heavy selling and are sporting solid gains into midday Tuesday. After dropping 113 points Friday and Monday, the S&P 500 is up 20.29 to 2020.83. Strength across European equity markets set the table for the morning advance on Wall Street. Crude oil is also higher, gaining 92c to $47.25. […]
Stock index futures moved higher overnight along with European equities markets and stocks are now broadly higher into midday Thursday. The S&P 500 is up 20 points to 2105.45 and near session highs. Treasury bonds have lost some of their recent “safety” bid as financial markets bet that Britain will remain part of the EU. […]
Mixed trading into midday Tuesday after the market started the week on a bullish note. The S&P 500 is up 2.81 points to 2086.06 in the wake of a 12-point advance Monday. Five of ten market sectors are higher. Energy (XLE), Tech (XLK), and Utilities (XLU) are the best gainers. Healthcare (XLV), Basic Materials (XLB), […]
Stocks remain mired in a bearish funk through midday Thursday. The S&P 500 is down 12.81 points to 2058.69 and on track for a sixth consecutive day of losses. Treasury bonds are higher, however, after the Federal Reserve concluded a meeting Wednesday afternoon and signaled no change to monetary policy. The yield on the benchmark […]
Stocks were under water for a second consecutive day and for a fourth consecutive trading session Tuesday. After losing 17.1 points Monday, the S&P 500 is down another 9.79 points to 2069.27 heading into midday. Treasury bonds remained bid, however, ahead of the Federal Reserve’s rate announcement today. The yield on the benchmark ten-year has dropped […]
Stocks opened lower and remain in the red through midday Thursday. The S&P 500 is down 8.95 points to 2110.17 after a three-day 20-point jump to 2016 highs. Treasury bonds are seeing notable strength, however, and the yield on the benchmark ten-year has dropped to three-months lows of 1.66%. Commodities are seeing mixed action. While […]
Stocks opened modestly higher and have extended early gains into midday Tuesday. After moving to fresh 2016 highs Monday, the S&P 500 is up another 8.31 points to 2117.72. With no meaningful economic data released today, and not much on the immediate horizon, Treasury bonds are building on last week’s gains and the yield on […]
Stocks opened lower, but have recouped some of the morning losses and are trading mixed into midday Thursday. The S&P 500 is down 3.53 points to 2095.80 and 7 points off of session lows. Treasury bonds are seeing strength as jobs data came in below expectations and as the equities market has starts the month […]
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