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Stock Market Today

Tuesday, May 22 2018

Daily Updates

Stock Market Today: May 21, 2018

William G. Ferguson and Adam Rosner | 05/21/2018

The stock market opened higher this morning, and selectively managed to hold onto its gains throughout the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead roughly 298 points; the broader S&P 500 Index was up 20 points, and the technology-heavy NASDAQ was higher by 40 points. Market breadth was favorable, with advancers nicely ahead of decliners on the NYSE.

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Stocks Highlights

Dow 30 Earnings: Walmart Inc. Fiscal First Quarter 2018

Kevin Downing | 05/17/2018

Shares of Wal-Mart (WMT) slip on the release of the retail giant’s fiscal first-quarter financial results.

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Stocks Highlights

Dow 30 Earnings: Cisco Systems Third Quarter Fiscal 2018

Kevin Downing | 05/17/2018

Networking equipment and software maker Cisco Systems (CSCO) has reported in-line results for the April quarter. Total revenue of $12.5 billion was slightly higher than our $12.4 billion estimate, and grew 4% year over year. Product sales rose 5%, while service revenue only advanced 3%. The latter was somewhat worse than investors had been looking for, and the shares declined marginally as a result.

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