With investors weighing
a litany of concerning developments
from the trade
arenas, Thursday’s session
was overwhelmingly controlled
by the bears
The stock market
put in another turbulent performance today, as the Federal Reserve
weighed in on the economy and delivered an interest-rate announcement. At the close of trading
, the major averages were lower
. The Dow Jones Industrial Average
was down 45 points
; the broader S&P 500 Index was down five points; and the NASDAQ was lower by 19 points.
The stock market put in a choppy, but ultimately constructive session today.
At the close of trading, the Dow Jones Industrial Average was ahead 116 points; the broader S&P 500 Index was up four points; and the NASDAQ was higher by 20 points. Market breadth was somewhat negative, with decliners just ahead of advancers on the NYSE. Most market sectors managed to forge ahead, with some leadership visible in the energy names. However, the telecom and utility issues did not participate in today’s advance
Monday’s broad-based market selloff left
most investors feeling blue
. The downturn worsened throughout the morning hours and was driven by softness in the technology sector
, where a recent data breach
(FB) begat regulatory fears across the industry. This set the stage for sizable aggregate losses in all ten of the major market sectors, with basic materials, healthcare, and energy stocks experiencing particular weakness. Overall, market breadth favored declining shares by a nearly five-to-one ratio.
Following three consecutive losing sessions in the stock market to begin this second full week of the month, Wall Street hit the Ides of March yesterday with some initial gains
, as the Dow Jones Industrial Average quickly raced out to a triple-digit advance. That early rise would briefly fade, but resume as the morning moved along. All the while, however, investors remained on edge
due to the lingering concerns about possible trade wars.
Though the major indexes were mostly mixed on Thursday, overall market breadth favored declining shares by a roughly two-to-one margin
. Softness was felt in nearly every market sector, with energy shedding the most aggregate value. Looming worries about a potential trade war remain a major influence over trading
, as the implementation of the White House’s steel and aluminum tariffs has mostly offset intermittent positive tailwinds (such as last week’s auspicious employment and wage growth update) in recent weeks.
experienced another tug of war on Wall Street
today as stocks swung
from a nice gain early to steep losses by late morning, and closed notably to the downside.
Equities lost considerable ground today
, with traders
becoming increasingly concerned
about the shifting political landscape in Washington
. Specifically, stocks opened higher
this morning, but quickly pulled back
and spent the remainder of the session slipping into negative territory
. At the end of trading, the Dow Jones Industrial Average was down almost 172 points; the broader S&P 500 Index was off 18 points; and the NASDAQ was lower by 77 points.
With fears of a trade war looming, the Dow Jones industrial Average and S&P 500 each spent most of Monday in negative territory
. The former was most impacted, as the blue chip index fell roughly 150 points lower at its nadir; the broad-based composite oscillated between either side of its breakeven line during the afternoon.
Propelled by the premarket release of a strong February jobs report, which revealed moderated inflation, U.S. equities wrapped up a modestly volatile week with a pronounced rally
. Each of the major indexes soared throughout the day, with the NASDAQ setting an intraday trading record. The Dow Jones Industrial Average and S&P 500 were similarly strong, as the former added more than 430 points at the close.