Stocks opened broadly lower and the decline is gathering momentum into midday Thursday. The S&P 500 is off 35 points to 1816.86 and four points from session lows. Weakness across overseas markets again set the table for morning losses on Wall Street. Hong Kong’s Hang Seng sank 3.9% on its first day of trading after […]
Losses across overseas equities markets set the table for a morning drop on Wall Street and market averages are attempting to work off session lows into midday Tuesday. The S&P 500 is 10 points to 1843.42 and 7 points above its worst levels. Treasury bonds continue to see strength and yields continue to trend lower […]
Stocks stumbled at the open and trading has turned mixed through midday Thursday. The S&P 500 is up less than a point to 1913.50 and 13 points from session lows. Treasury bonds are holding firm after several weeks of gains and following weak Productivity and Factory Orders data. The yield on the benchmark ten-year, which […]
Stocks slumped at the open and are working off session lows, but remain mired in the red through midday Tuesday. The S&P 500 is down 25 points to 1914.38 and 5 points from its worst levels. Treasury bonds are seeing notable strength on a light day for data and as the equities market faces renewed […]
Market action is choppy like Lake Michigan along the shores of the Windy City. The S&P 500 has traded in nearly 30-point range and, after an initial run to 1902.96, is down 2.24 points to 1880.70 heading into midday Thursday. Treasury bonds continue to see surprisingly little volatility in the wake of Wednesday’s FOMC announcement […]
Stocks opened higher and are holding gains into midday Tuesday. The S&P 500 is up 20.45 points to 1897.25 and a few points from session highs. Earnings news is helping the rebound attempt, with large cap names like Procter & Gamble (PG), 3M (MMM), and Corning (GLW) seeing gains on better-than-expected results. The Energy (XLE) […]
Stocks opened mixed, but are broadly higher into midday Thursday and attempting to build on the dramatic rally Wednesday afternoon. The S&P 500 is up 18.50 points to 1877.83 and an impressive 3.6% above the 52-week lows seen intraday yesterday. Gains across Europe’s equities markets amid pledges of liquidity from ECB President Draghi set the […]
Stocks opened broadly higher after the three-day weekend, but have pared some of the gains heading into midday Tuesday. The S&P 500 is up 11.55 points to 1891.88 and roughly 10 points from session highs. Treasury bonds are giving back some of the gains seen over the past two weeks and the yield on the […]
Stocks saw choppy trading at the open, but have found some strength heading into midday Thursday. After falling to low of 1878.93 this morning, the S&P 500 is up 22.90 to 1913.18 and nearly 2% off its worst levels. Energy (XLE) is leading the advance after crude oil recovered 70 cents to $31.18. Healthcare (XLV), […]
Stocks see a second day of mixed trading as investors await earnings and economic news. After the modest 1.64-point advance Monday, the S&P 500 is up 7 points to 1930.87 heading into midday Tuesday. Technology (XLK), Consumer Discretionary (XLY), and Healthcare (XLV) are keeping the S&P above water. However, Energy (XLE), Basic Materials (XLB), and […]
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