The S&P 500 is at session highs as the energy sector fuels midday strength Tuesday. While stocks opened only modestly higher, the S&P 500 is now up 15.73 points to 2957.72 and at its best levels of the day. The Energy (XLE) sector, gaining 2.5%, is leading the advance after crude oil added another $1 […]
A see-saw week of trading continues into midday Thursday. After rallying 21.49 points Wednesday, the S&P 500 is down 18.63 points to 2048.03. For the week, the index is off 24.5 points due to the 28-point loss suffered Monday-Tuesday. Treasury bonds are solidly higher and have recouped the losses suffered Wednesday in the wake of […]
Stocks slumped at the open amid weakness in overseas markets and remain under water into midday Tuesday. The S&P 500 is down 17.52 points to 2048.61 and four points from session lows. Treasury bonds are higher as equities falter and despite better-than-expected readings from the ISM Services for March and Factory Orders in February. The […]
Stocks are ending a bullish month of March in mixed fashion as the S&P 500 has traded in a narrow 5-point range and is up 2.17 to 2066.12 into midday Thursday. For the month, the S&P rallied 108 points or 5.5%. Treasury bonds are steady ahead of a flood of data, including jobs data, due […]
Monday Recap Stocks are drifting lower in slow trade Monday after the three-day weekend. The S&P 500 has traded in a narrow 9-point range and is up 4.19 points to 2043.13. Treasury bonds are steady on a light day of economic data and ahead of commentary from Fed Chairman Janet Yellen tomorrow. The yield on […]
Stocks opened lower and are in the red into midday on light volumes ahead of the Good Friday holiday. The S&P 500 is down 9.50 points to 2027.21 and almost precisely midway between today’s range of 2022.49 to 2032.48. Treasury bonds are steady on weak Durable Goods data after scoring solid gains over the past […]
Stocks opened lower amid broader losses across global equities markets, but have pared most of the losses and are trading in mixed fashion midday Tuesday. The S&P 500 is down .60 to 2051 and 10 points from session lows. With no economic data to guide trading, Treasury bonds saw a modest flight-to-safety bid on reports […]
Stocks erased morning losses and turned positive into midday on St. Patrick’s Day. The S&P 500 is up 6.59 points to 2033.81 and near session highs. Treasury bonds have also turned higher in the wake of yesterday’s FOMC policy announcement and following a round of mixed economic data Thursday morning. After briefly touching 2% Wednesday, […]
Stocks are broadly lower amid broader weakness in global equities markets and a drop in crude oil prices Tuesday. After two hours of trading, the S&P 500 is down nearly 10 points to 2010 and 5 points from session lows. Modest declines across most of Asia and Europe’s equities markets set the table for morning […]
Stocks opened higher, but gave back the early gains and are under water into midday Thursday. The S&P 500 is down 10 points to 1979.26 and less than three points from session lows. S&P futures moved higher before the opening bell after, as expected, the European Central Bank announced interest rate cuts. The ECB also […]
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