Election uncertainty rules the day, as stocks see another round of declines. The S&P 500 is currently at 2102.69, a slight dip of 0.43% from Tuesday’s close. New poll numbers are starting to upset the widely held belief that Hillary Clinton would easily emerge victorious on election day. An ABC/Washington Post poll is now showing […]
Stocks opened lower and remain in the red through midday Thursday. The S&P 500 is down 5.28 points to 2154.45 and three points from session lows. Treasury bonds are also seeing weakness after the latest jobless claims printed at 249,000 for last week and 9,000 less than expected. The yield on the benchmark ten-year rose […]
Stocks opened modestly higher, but have erased the early gains and are lower into midday Tuesday. After shedding 7 points Monday, the S&P 500 is down 5 points to 2156.20 and nearly 10 points from session highs. With no economic data to guide trading, Treasury bonds are little changed in wait-and-see action ahead of jobs […]
Stocks opened modestly lower and remain in the red midday Thursday. The S&P 500 is down 6.76 points to 2164.61 and one point from session lows. Treasury bonds are also under water after a third estimate for second quarter GDP printed at 1.4% and above prior estimates of 1.1%. Jobless Claims were also better than […]
Stocks opened modestly lower, but quickly erased morning losses and are bit higher into midday Tuesday. The S&P 500 is up 5.25 points to 2151.35 and 10 points from session lows. Treasury bonds are seeing modest gains despite a surprisingly strong reading on Consumer Confidence, which printed at 104.1 for September and well above consensus […]
Stocks are broadly higher as a relief rally continues for a second day after the Federal Reserve announced no changes to interest rates Wednesday. The S&P 500 added 23.36 points to 2163.12 in the wake of the announcement yesterday and is up another 11.23 points to 2174.35 points midday Thursday. Treasury bonds are enjoying another […]
Stocks opened modestly higher amid wait-and-see action midday Tuesday ahead of Federal Reserve policy announcement Wednesday afternoon. The S&P 500 is up 6.67 points to 2145.79 and 5 points from session highs. Treasury bonds are higher after the only economic stat of the day showed Housing Starts at a seasonally-adjusted rate of 1.142 million and […]
Stocks are rallying to recover some recent losses Thursday and the S&P 500 has gained 16.75 points to 2142.52 after a one-week 60-point tumble. Treasury bonds are under pressure, however, even as investors digested a hefty dose of sluggish economic news. The data included reports showing a .3% drop in Retail Sales, a .4% decline […]
Stocks are sharply lower into midday Tuesday. The S&P 500 is off 34.45 points to 2124.59 and has completely erased Monday’s 31.23-point advance. Falling oil prices served as an early catalyst for weakness in energy-related names and crude is now down $1.37 to $44.92 per barrel. Gold is seeing a modest $3 advance to $1328.50. […]
Stocks opened steady, but are drifting lower on disappointing economic data through midday on the first day of September. The S&P 500 Index is down 11.75 points to 2159.20 and near session lows. Early data showed Jobless Claims falling to 263,000 last week and second quarter productivity at rate of .6%. Both numbers were in-line […]
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