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 […]

Stocks are chopping lower amid light trading and few catalysts to move things one way or the other. The S&P 500 is down 5.38 points to 2175 and 2 points from session lows. Treasury bonds are flat after Consumer Confidence for August unexpectedly rose to 101.1 from 97.3 the month before. The yield on the […]

Stocks opened lower, but erased the early losses and are modestly higher into midday Thursday. The S&P 500 is up 3.16 points to 2178.60 and more than 8 points from session lows. Treasury bonds slumped in early trading as well after a report on Durable Goods for July was better-than-expected and ahead of an annual […]

Strength across Europe’s equities markets set the table for morning gains on Wall Street and stocks are broadly higher into midday Tuesday. The S&P 500 is up 7.81 points to 2190.45 and 3 points from session highs. Europe’s stocks advanced on preliminary readings from the Purchasing Manager’s Index (PMI) for August. At the same time, […]

Stocks are chopping around in a range and without much vigor into midday Thursday. After opening modestly lower, the S&P 500 is up .9 points to 2183.12 and in the middle of today’s narrow 6-point trading range. Treasury bonds are also flat despite better-than-expected readings on jobless claims, manufacturing (Philadelphia Fed) and Leading Indicators. The […]

Stock market averages are modestly lower midday Tuesday after achieving record highs the day before. The S&P 500 is down 7.45 points to 2182.63 and two points from session lows. Treasury bonds are seeing modest weakness on in-line inflation (CPI) data and after New York Fed President Dudley signaled a more hawkish view on Fox […]

Stocks opened modestly higher and are building on the gains through midday Thursday. The S&P 500 is up 10.86 points to 2186.35 and on pace to close at record levels. Treasury bonds are seeing modest weakness following an in-line reading on jobless claims and as equities tick higher. The yield on the benchmark ten-year edged […]

The S&P 500 continues the grind to new highs in quiet fashion Tuesday. After adding dropping 1.98 points Monday, the index has added another 5.34 points to 2186.23 and near session highs. Treasury bonds are also higher after a report showed a surprise .5% decline in productivity in the second quarter. The yield on the […]