Stocks are seeing choppy action after moving broadly higher Monday. The S&P 500 has given up 6 of the 20 points scored yesterday and sits near the lows of the day at 2060. Treasury bonds are steady despite a round of stronger-than-expected Industrial Production, Housing Starts, and inflation (CPI) data. The yield on the benchmark […]
Stocks opened higher, but have surrendered the morning gains and are under water midday Thursday. The S&P 500 is down 6.66 points to 2057.80, 16 points from session highs, and adding to the nearly 20-point decline suffered Wednesday. Seven of ten market sectors are lower, led by losses in Technology (XLK), Healthcare (XLV), and Telecomm […]
Stocks opened higher following a day of quiet trading Monday and on the heels of strength across overseas markets. After climbing just 1.55 points to start the trading week, the S&P 500 is up 16.43 points to 2075.12 Tuesday and two points from session highs midday Tuesday. Development overseas are driving the positive sentiment. China’s […]
Stocks opened modestly higher and are trading in mixed fashion Thursday. After a two-day 30-point skid, the S&P 500 has traded in a narrow 9-point range and is up 5.85 points to 2056.97. Energy (XLE) is the best performing sector after crude oil gained $1.30 to $45.10. Tech (XLK), Financials (XLF), and Healthcare (XLV) are […]
Stocks slumped at the open and remain deep in the red through midday Tuesday. The S&P 500 is down more than 20 points to 2061 and 6 points from session lows. Energy (XLE) is the biggest loser as crude oil prices dipped nearly 3% to $43.60 per barrel. Basic Materials (XLB), Financials (XLF), and Telecomm […]
Stocks are trading in mixed fashion, as earnings and merger news helped offset a bit of anxiety on the macro front. The S&P 500 is down 2.7 points to 2092.45 through the first hour Thursday and six points from session lows. Facebook (FB) is up 10% in the wake of its earnings. A number of […]
Stocks are trading mixed in wait-and-see action ahead of Apple’s (AAPL) earnings and the FOMC rate announcement. The S&P 500 has traded in an 11-point range and is up 1.71 points to 2089.50. The slump in Treasury bonds continues and the yield on the benchmark ten-year, which moves opposite to price, is moving to one-month […]
Stocks struggled at the open, but have pared much of the losses heading into midday Thursday. The S&P 500 Index is off .65 to 2101.75 and 6 points from session lows. Treasury bonds are again lower and continuing a sharp sell-off that started Wednesday morning, despite a grim reading from the most recent Philly Fed […]
Stocks opened modestly higher and are holding slim gains into midday Tuesday. The S&P 500 is up 5.43 points to 2099.77 and five points from session highs. Treasury bonds are lower for a second time this week despite a report showing a big drop in Housing Starts and Building Permits. The yield on the benchmark […]
Stocks are modestly higher after two days of big gains. The S&P 500 is up 2.82 points to 2085.24 midday Thursday and adding to the 40-point rally Tuesday through Wednesday. With the S&P at 2016 highs and the latest jobless claims coming in better-than-expected, Treasury bonds are seeing a second day of weakness and the […]
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