Stock Market Today: February 8, 2016
Equities opened lower this morning, weakened further in the afternoon with the Dow Jones Industrial Average falling by more than 400 points at its intra-day nadir, but managed to recover considerably, as bargain hunters stepped in during the final hour of the session. At the close of trading, the Dow Jones Industrial Average was down 178 points; the S&P 500 Index was off 27 points; and the technology-heavy NASDAQ surrendered 79 points. Read more
Stock Market Today: February 5, 2016
The stock market opened lower this morning, and continued to deteriorate throughout the day. At the close of trading, the Dow Jones Industrial Average was lower by 212 points; the S&P 500 Index was off 35 points; and the NASDAQ, which lost about 3%, finished down 146 points. The vast majority of stocks suffered losses, as decliners outnumbered advancers by about 3 to 1 on the NYSE. Read more
Stock Market Today: February 4, 2016
Stocks moved higher early in the day, but pulled back around noon, with the session ending on a mixed-to-slightly higher note. At the close of the trading, the Dow Jones Industrial Average was ahead 80 points; the S&P 500 Index was up three points; and the technology heavy NASDAQ finished ahead five points. Read more
Stock Market Today: February 3, 2016
The major U.S stock market indexes put in a volatile performance today, with solid early gains, sharp mid-morning declines, and gains by mid-afternoon, leaving two of the three major indexes in the green for the day. The market turnaround largely stemmed from a surge in oil prices, with WTI crude increasing as much as 8% on a decline in the dollar and continued speculation surrounding a coordinated effort between Russia and OPEC members to cut production of the commodity. Read more
Stock Market Today: February 2, 2016
Stocks lost considerable ground today, on renewed concerns about the health of the global economy and ongoing weakness in the commodity markets. At the close of the session, the Dow Jones Industrial Average was off 296 points; the S&P 500 Index was down 36 points; and the technology heavy NASDAQ was off by 103 points. Once again, the energy and basic materials sectors led the broad market lower. Of note, the price of crude oil fell another 5%, to under $30 a barrel, as traders’ hopes of production cuts by international producers all but faded. Read more
Stock Market Today: February 1, 2016
Equities got off to a weak start early in the day, but managed to reverse course, and end the session on a mixed note. At the close of trading, the Dow Jones Industrial Average was off 17 points; the S&P 500 Index was down one point; and the technology heavy NASDAQ added six points. Read more
Stock Market Today: January 29, 2016
The major U.S stock market indexes opened in the green, and steadily built on their gains throughout the trading session, ending the day sharply higher. The Bank of Japan took the spotlight, after announcing that it would adopt a negative interest rate policy in order to preempt further deflation stemming from global demand concerns and tumbling oil prices. Elsewhere, today’s corporate earnings were mostly positive, and oil prices continued to rebound. Read more
Stock Market Today: January 28, 2016
The U.S. stock market got off to a choppy start this morning but firmed up in the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 125 points; the broader S&P 500 Index was higher by 10 points; and the NASDAQ tacked on 39 points. It was a generally upbeat session, as advancers led decliners by roughly two to one on the NYSE. Read more
Stock Market Today: January 27, 2016
The U.S. stock market got off to a weak start early this morning, managed to partially reverse course by the early afternoon, but then sold off late into the session. At the close of trading, the Dow Jones Industrial Average was down 223 points; the broader S&P 500 Index was lower by 21 points; and the NASDAQ, which led the market lower, closed off 100 points. Market breadth was negative, with decliners far outnumbering advancers on the NYSE. Read more
Stock Market Today: January 26, 2016
The U.S. stock market advanced strongly this morning, and aside from a very slight pullback in the afternoon, was able to hold onto these gains. At the close of trading, the Dow Jones Industrial Average was ahead 282 points; the broader S&P 500 Index was higher by 27 points; and the NASDAQ finished up 49 points. Market breadth was decidedly positive, with winners outpacing losers by a wide margin on the NYSE. Read more
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