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Stock Market Today

Friday, August 18 2017

Daily Updates

Stock Market Today: August 18, 2017

Harvey S. Katz, Adam Rosner, and Robert Harrington | 08/18/2017

After opening the day lower, a majority of U.S. stocks spent Friday afternoon in positive territory, though the indexes wound up in the red. Still, following the politically driven decline in valuations since Wednesday afternoon, each of the major large-cap indexes remains well below its respective previous-week closing levels. While the bulls got a boost from a rosy Consumer Confidence Survey reading, today’s directionless movement underscored the recent uncertainty that has characterized trading over the past several weeks.

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Stocks Highlights

Dow 30 Earnings: Wal-Mart Stores Fiscal Second Quarter 2017

Kevin Downing | 08/17/2017

Shares of Wal-Mart (WMT) dipped following the release of the company’s fiscal second-quarter results and guidance.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems Fourth Quarter Fiscal 2017

Kevin Downing | 08/17/2017

Networking equipment and software vendor, Cisco Systems, (CSCO) reported July-quarter results that were largely in line with our expectations. Revenue of $12.1 billion was slightly above our $12.0 billion estimate and down 4% year over year. Total product sales decreased 5%.

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