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 […]
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 […]
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