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 […]
Stocks opened higher, but are modestly lower after the three-day weekend. The S&P 500 is down 2 points to 2097.06 midday Tuesday and, for the month of May, has gained 30 points or roughly 1.5%. Treasury bonds have erased early losses and are decidedly flat following a round of mixed economic news. The yield on […]
Stocks are flat after two days of solid gains. The S&P 500 has traded in a narrow 7-point range and is down .61 to 2089.93 into midday Thursday after gaining 42 points, or 2%, Tuesday and Wednesday. Crude oil is also unchanged at $49.56 after briefly touching more than $50 per barrel for the first […]
Stocks opened modestly higher and the rally gathered some momentum into midday Tuesday. The S&P 500 is up 25.81 points to 2073.85 and less than one-point from session highs. Gains across European equities markets and higher crude oil prices helped set a positive tone for morning trading. Crude is now up 70c to $48.78. Gold […]
Stocks slipped at the open and the decline is gathering some momentum into midday Thursday. The S&P 500 is down nearly 20 points to 2027.68 and near session lows. Treasury bonds are holding gains as stocks falter and after suffering steep losses yesterday when the minutes from the latest Fed meeting were released Wednesday afternoon […]
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