Stock Market Today: July 28, 2015
Another day, another decline for the stock market. On point, following last week's progressively weaker showing, Wall Street began this week on another down note, with the market falling from the opening bell. The main catalysts for this selloff were concerns about China, in the wake of that country's downtick in manufacturing and a subsequent 8.5% drop in its principal market composite from Sunday into Monday, worries about the continuing less-than-stellar parade of second-quarter earnings, uneasiness about some pending economic metrics on our shores, and skittishness ahead of this week's Federal Reserve FOMC meeting. Read more
Stock Market Today: July 27, 2015
The bearish mood on Wall Street that saw each of the major U.S. equity indexes fall over 2% last week continued today. A steep drop in China’s stock market overnight and notable weakness on the Continent presaged a lower opening on these shores and that is exactly what we got. The major U.S. averages were sharply lower a few minutes into the session, and the selling remained heavy throughout the day. Read more
Stock Market Today: July 24, 2015
The penultimate trading week of July, a seasonably warm weather month for most of the country, was a very chilly one for those long equities. After a nondescript start to the five-day stretch on Monday, the selling picked up considerably over the remaining four days of trading, including today’s very weak performance. Read more
Stock Market Today: July 23, 2015
After opening lower, the major U.S. stock market indexes briefly attempted a recovery before finding their way into decidedly weaker territory by late morning, with the negative momentum accelerating throughout the trading session. Today’s performance was largely attributable to a number of lackluster earnings reports, including those from several blue chips. So far, the markets have declined every day this week, with the current earnings season serving as the primary focal point. Read more
Stock Market Today: July 22, 2015
Equities headed lower this morning, and spent the remainder of the session in negative territory. At the close of day, the Dow Jones Industrial Average was off 68 points; the broader S&P 500 Index had lost five points; and the NASDAQ had surrendered 36 points. Read more
Stock Market Today: July 21, 2015
The U.S. equity markets put in a weak session today, as traders digested a few disappointing corporate reports. At the close of trading, the Dow Jones Industrial Average, which led the market lower, had declined 181 points; the broader S&P 500 Index had lost nine points; and the NASDAQ had surrendered 11 points. Read more
Stock Market Today: July 20, 2015
The major stock indexes edged higher to open the week, after being up more for most of the day. Specifically, the session saw the large-capitalization stocks on the Dow Jones Industrial Average gain 14 points; the NASDAQ push nine points ahead; and the S&P 500 tack on two points. However, there were substantially more issues declining in value, versus the number rising, on both the New York Stock Exchange and the NASDAQ. Read more
Stock Market Today: July 17, 2015
The final day of a bullish week for equities went to the bears, but not without a modest late-day push by the bulls. Still, save for the NASDAQ, which got a big boost from the technology stocks, particularly that of industry behemoth Google (GOOG), most of the major equity indexes finished the session in the red. The profit taking, after a strong buying stretch for stocks, was most pronounced in the small- and mid-cap sectors. Read more
Stock Market Today: July 16, 2015
The U.S. equity markets got off to a decent start this morning, and managed to press higher through the afternoon. Notably, a strong finish to today’s session suggests that the bulls remain committed to the rally. At the close of trading, the Dow Jones Industrial Average was ahead 70 points; the broader S&P 500 Index was up 17 points; and the NASDAQ was higher by 64 points. Read more
Stock Market Today: July 15, 2015
The major U.S. equity indexes traded in a tight band slightly above the neutral line for much of the session, before some selling picked up in the last two hours of the trading day. Igniting the modest late-day selloff were concerns about the violent protests in Greece ahead of a vote by that nation’s Parliament on austerity measures that have been agreed to by Greece’s finance leaders and the International Monetary Fund (IMF) creditors. The vote is scheduled to take place at 5:00 P.M. (EDT) tonight. Read more
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