Stocks opened flat and turned modestly lower into midday Thursday. The S&P 500 is down 4.28 points to 2,162.30 and few points from session lows. Nine of ten market sectors are seeing losses, led by Telecomm (IYZ), Basic Materials (XLB), and Industrials (XLI). Utilities (XLU) bucked the bearish trend and are sporting modest gains. Crude […]
Stocks opened in mixed fashion on a very busy news day and have seen modest selling pressure into midday Tuesday. The S&P 500 is down 5 points to 2163.48 and 10 points from session highs. Treasury bonds are steady ahead of an FOMC policy update Wednesday and despite stronger-than-expected data on Consumer Confidence and New […]
Stocks are trading in another narrow range amid light volumes and low volatility Thursday. The S&P 500 has navigated a slim four-point range and is flat at 2173 into midday. Treasury bonds held steady through a round of data on housing, manufacturing, and jobless claims. The yield on the benchmark ten-year is little changed at […]
Stocks opened modestly lower and are trading in a narrow range into midday Tuesday. The S&P 500 is off 4 points to 2162.89 and midway between the day’s 5-point trading range. Treasury bonds are holding modest gains as equities tick lower and the yield on the benchmark ten-year has eased back to 1.57%. It’s a […]
Stocks opened higher and are holding the gains into midday Thursday. The S&P 500 is up 12.46 points to 2164.89 and four points from session highs. Rallies across most of European equities markets helped to set the table for the morning strength on Wall Street after the Brits again defied expectations and left rates unchanged. […]
Stocks rallied for a third day and are near session highs into midday Tuesday. The S&P 500 is up 17 points to 2154.33 and continuing this week’s move into unchartered territory. With little economic data to guide trading, Treasury bonds are lower and suffering big losses for a second day as investors flock to equities. […]
Stocks surrendered morning gains and are trading flat into midday Thursday. The S&P 500 up .60 points to 2100.33 and 9 points from session highs. Treasury bonds are seeing a second day of modest weakness on better than expected jobless claims numbers and ahead of monthly payroll data Friday morning. The yield on the benchmark […]
Stocks opened lower after the long weekend and remain in the red into midday Tuesday. The S&P 500 is down 16.81 points to 2086.14 and three points from session lows. Losses across US and Eurozone equity markets, along with some pre-jobs data jitters, are giving Treasury bonds a lift and the yield on the benchmark […]
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