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Markets / Commentaries

Stock Market Today: February 23, 2018

Harvey S. Katz, CFA and Robert Harrington | 02/23/2018

The bulls controlled the narrative of the U.S. stock market on Friday, the final session of another up-and-down week for the major indexes. The gains were led by the NASDAQ, which benefitted from earnings-related developments.

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Markets / Commentaries
Stock Market Today: February 22, 2018

Harvey S. Katz, CFA and Adam Rosner | 02/22/2018

The equity markets moved nicely higher this morning, but then pulled back around midday, and finished the session on a mixed-to-higher note. At the end of trading, the Dow Jones Industrial Average was ahead 165 points; the broader S&P 500 Index was up three points; but the NASDAQ was lower by eight points. Market breadth showed a somewhat divided session, with advancers roughly even with decliners on the NYSE.

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Markets / Commentaries
Stock Market Today: February 21, 2018

Harvey S. Katz, CFA and Adam Rosner | 02/21/2018

The stock market opened higher this morning, extended its gains into the early afternoon, but then turned sharply lower in the final hour of the session. Today’s reversal seemed to reflect mounting concerns about rising interest rates and higher bond yields, which can create a challenging climate for equities.

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Stocks / Highlights
Dow 30 Earnings: Wal-Mart Stores Fiscal Fourth Quarter 2017

Kevin Downing | 02/20/2018

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

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Stocks / Highlights
Dow 30 Earnings: The Home Depot Fiscal Fourth Quarter 2017

Ian Gendler | 02/20/2018

Shares of The Home Depot (HD) were up a bit after the home-improvement retailer delivered solid fiscal fourth-quarter financial results.

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Markets / Commentaries
Stock Market Today: February 20, 2018

William G. Ferguson and Robert Harrington | 02/20/2018

U.S. stock market averages stumbled out of the gate on Tuesday. Declining issues doubled advancing shares, with only the technology sector managing to post a full-day aggregate gain. By the final hour, the Dow Jones Industrial Average and S&P 500 had fallen deeper into negative territory, while the once-strong NASDAQ finished near its breakeven line.

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Stocks / Highlights
Dow 30 Earnings: Coca-Cola Fourth Quarter 2017

Robert M. Greene | 02/16/2018

The Coca-Cola Company finished 2017 with a solid set of results. The beverage giant, one of the components of the Dow Jones Industrial Average, has reported December-quarter comparable earnings of $0.39 a share, a 5% increase from the prior-year period and a penny ahead of our estimate. (Our presentation excludes $1.05 in net nonrecurring charges, mostly related to the Tax Cuts and Jobs Acts.) Full-year profits finished at $1.91, flat with 2016, but still 8% below the $2.08 reached in 2013.

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Markets / Commentaries
Stock Market Today: February 16, 2018

Harvey S. Katz, CFA and Mario Ferro | 02/16/2018

The major U.S. stock indexes started the Friday before the long President’s Day weekend somewhat undecidedly, but the bulls soon took over the reins. For a while, it looked like equities would easily chalk up a sixth straight win, but things got shaky after it was reported that 13 Russians were indicted for interfering with the 2016 U.S. elections.

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Stocks / Highlights
Dow 30 Earnings: Cisco Systems Second Quarter Fiscal 2018

Kevin Downing | 02/15/2018

Networking hardware and software giant Cisco Systems reported solid results for the January quarter. The top line rose 3.3% year over year to $11.9 billion, the first positive showing in two years. Adjusted earnings per share of $0.63 increased an impressive 11%.

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