Stock Market Today: June 29, 2017
Following a major setback on Tuesday and a big comeback yesterday, the bulls sought to make it two in a row this morning. And with a nice upward revision in first-quarter GDP and a strong surge by the bank stocks after getting a good report card from the Federal Reserve late yesterday, such a solid showing appeared reasonable to expect. And initially, there was some buying. But the flame went out for the bulls very quickly, and before an hour had passed, the stock market had a decidedly lower look to it. This downtick persisted into the middle-to-late stages of the morning. Read more
Stock Market Today: June 28, 2017
The bulls ruled the roost on Wall Street today, pushing stocks nicely higher as the year’s midpoint approaches. At the closing bell, the Dow Jones Industrial Average was up 144 points; the NASDAQ rose 88 points, making it the leading percentage gainer among the major average; and the S&P 500 gained 21 points. Market breadth affirmed the positivity, as advancing issues easily outpaced decliners. Read more
Stock Market Today: June 27, 2017
The stock market opened lower this morning, recovered some ground around noon, but deteriorated as the session progressed. At the end of trading, the Dow Jones Industrial Average was down 99 points; the broader S&P 500 Index was off 20 points; and the NASDAQ was lower by 101 points. Market breadth showed a negative bias, as decliners easily outpaced advancers on the NYSE. The technology sector weighed heavily on the market. However, it should be noted that this group of volatile stocks may have been overdue for some profit taking. In addition, the healthcare and utility issues were quite weak. In contrast, the energy and financial names managed to make positive strides. Read more
Stock Market Today: June 26, 2017
The equity market advanced earlier this morning, but was unable to extend its gains. At the end of trading, the Dow Jones Industrial Average was ahead 15 points; the S&P 500 Index was up nominally; and the NASDAQ was lower by 18 points. Meanwhile, market breadth was still favorable, with winners ahead of losers on the NYSE. Further, most of the major equity groups managed to make some progress. The consumer, financial, and utility issues made respectable strides, while the technology and healthcare names retreated. Read more
Stock Market Today: June 23, 2017
U.S. equities generally moved higher on Friday, with advancing issues roughly doubling the number of declining shares. The major factors driving the bullish efforts were the solid May numbers for new home sales released by the Commerce Department, as well as positive comments from a regional Fed President who suggested the central bank’s near-term tightening policy could be eased in the future. Consensus expectations continue to point toward one more rate hike in 2017, likely during the December summit. Read more
Stock Market Today: June 22, 2017
The stock market got off to a tentative start, made considerable progress for much of the afternoon, but weakened in the final hour of the session. At the end of the day, the Dow Jones Industrial Average was down 13 points; the broader S&P 500 Index was off slightly; while the NASDAQ clung to a modest gain. Read more
Stock Market Today: June 21, 2017
The stock market delivered a highly fragmented performance today, as investors rotated out of energy names and into technology issues. At the close of trading, the Dow Jones Industrial Average was down 57 points. The broader S&P 500 Index was also off slightly. However, the NASDAQ managed to advance 46 points, which was impressive. Market breadth showed a divided session, as decliners outpaced advancers on the NYSE. Further, many market sectors retreated with sizable losses in the energy and financial names. Of note, the price of crude oil moved lower today, even though a recent report from the EIA showed inventories had declined a bit over the past week. Read more
Stock Market Today: June 20, 2017

U.S. stocks retreated from the highs set on Monday, with each of the three major indexes trading near their intraday lows as the closing bell approached. The day-long selloff can be mostly attributed to weakness in the energy sector, where cautious optimism that OPEC and other producers would inject some normalcy into the market has all but faded. Lingering doubts stemming from lackluster releases from the business beat in the past week were additional headwinds likely bolstering the bears’ campaign today. Disappointing metrics on retail, industrial production, housing starts and others have added credence to the growing consensus that 2.5% GDP growth in the quarter is more likely than the 3% estimate from a few months ago. All but one of the ten major market sectors closed in the red today, while the NASDAQ registered the widest loss, 51 points (0.82%).

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Stock Market Today: June 19, 2017
The U.S. equity markets opened today’s session to the upside, and largely added to their gains as the day wore on. At the end of trading day, the Dow Jones Industrial Average was ahead by nearly 145 points, or  0.68 percentage points. The S&P 500 Index did slightly better, with its 20-point advance lifting the index by over three quarters of a percentage point.  Both indexes closed at new all-time highs. However, the NASDAQ was the winner of the day, as tech stocks regained more of the ground they lost over the last couple of weeks. Up by 87 points, the composite came out ahead by 1.4%. Read more
Stock Market Today: June 16, 2017
The equity market moved lower this morning, but improved somewhat as the day progressed. At the end of trading, the Dow Jones Industrial Average was ahead about 25 points; the S&P 500 Index was close to breakeven; and the NASDAQ was lower by 14 points. Market breadth showed a mixed session, with winners about even with losers on the NYSE. The major equity groups were divided. The energy stocks and utilities logged solid gains, while the consumer names retreated. Read more
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