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Stock Market Today

Wednesday, December 19 2018

Daily Updates

Stock Market Today: December 19, 2018

Harvey S. Katz, CFA | 12/19/2018

The Dow Jones Industrial Average, off a combined one thousand points this past Friday and Monday, began the session yesterday nicely to the upside, quickly rebounding to show a gain north of 300 points, climbing back to just shy of 23,930. The other averages also acquitted themselves well, although lagging somewhat behind the Dow.

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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal Third Quarter 2018

Kevin Downing | 11/15/2018

Shares of Walmart (WMT) slip some following the release of the retail giant’s fiscal third-quarter financial results.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems First Quarter Fiscal 2019

Kevin Downing | 11/15/2018

Shares of Cisco Systems (CSCO) are up modestly in trading today after the networking equipment and software provider reported better-than-expected results for the October period. Revenue of $13.1 billion grew 8% year over year, greater than our 4% estimate. Total product sales (75% of the top line) were up 9%, Service revenue grew 3%, and product orders advanced 8%. Adjusted earnings per share came in at $0.75, $0.03 more than our forecast and 23% above the prior year's tally.

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