Stock Market Today: September 30, 2016
The stock market opened notably higher this morning, and extended its gains throughout much of the afternoon. At the end of trading, the Dow Jones Industrial Average was up about 165 points; the S&P 500 Index was ahead 17 points; and the NASDAQ was higher by 43 points. Most stocks made progress today, as winners easily outpaced of losers on the NYSE. From a sector perspective, the energy stocks displayed leadership. In addition, the financial names moved sharply higher, helped by pronounced gains in Deutsche Bank. However, the utilities did not participate in today’s rally, Read more
Stock Market Today: September 29, 2016
Equities got off to a slightly weaker start this morning, but then headed sharply lower in the early afternoon, before they managed to recover some ground later in the day. At the close of trading, the Dow Jones Industrial Average was down 196 points; the S&P 500 Index was off 20 points; and the NASDAQ was lower by 49 points. Read more
Stock Market Today: September 28, 2016
The U.S. stock market had another up-and-down day, which has been the norm so far in the historically volatile month of September. The majority of equities opened the day trading higher, until mixed statements from a few central bank speakers caused a midday selloff that lasted into the early afternoon in New York. The roughly 2:00 PM turnaround can be mostly attributed to surprisingly good news from OPEC, which was reported to have reached a cap deal to limit oil output. By the closing bell, all three major market indexes had registered full-day gains, with the Dow Jones Industrial Average leading the pack with a 111 point surge. Read more
Stock Market Today: September 27, 2016
Stocks headed higher this morning, and managed to build on these gains through much of the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 133 points; the S&P 500 Index was up 14 points; and the NASDAQ was higher by 48 points. Market breadth was positive, with winners modestly ahead of losers on the NYSE. Read more
Stock Market Today: September 26, 2016
The stock market moved lower this morning, and was unable to recover during the afternoon. At the end of trading, the Dow Jones Industrial Average was down 167 points; the S&P 500 Index was off 19 points; and the NASDAQ was lower by 48 points. Market breadth was quite negative, as decliners outnumbered advancers by a wide margin on the NYSE. From a sector perspective, the healthcare and financial issues led the market lower today. While still under pressure, the utilities displayed a degree of relative strength. Read more
Stock Market Today: September 23, 2016
Equities headed lower this morning, and weakened further for much of the afternoon. At the end of the day, the Dow Jones Industrial Average was down about 131 points; the S&P 500 Index was off 12 points; and the technology-heavy NASDAQ was lower by 34 points. Most stocks lost ground today, as decliners far outpaced advancers on the NYSE. Read more
Stock Market Today: September 22, 2016
The U.S. stock market opened higher this morning, and managed to hold onto most of its gains through the afternoon. At the end of the session, the Dow Jones Industrial Average was ahead about 98 points; the S&P 500 Index was higher by 14 points; and the technology-heavy NASDAQ was up 44 points. Read more
Stock Market Today: September 21, 2016
The U.S. stock market opened higher, pulled back in the early afternoon ahead of the Fed meeting’s conclusion (more below), but then rallied sharply into the close. At the end of trading, the Dow Jones Industrial Average was ahead 164 points; the S&P 500 Index was higher by 23 points; and the NASDAQ was up 54 points. Read more
Stock Market Today: September 20, 2016
The U.S. stock market opened nicely higher, but softened slightly during the afternoon. At the close of trading, the Dow Jones Industrial Average was ahead 10 points, its low for the session; the S&P 500 Index was up one point; and the NASDAQ was higher by six points. Market breadth also showed a divided session, as advancers were about even with decliners on the NYSE. From a sector perspective, there was some leadership in healthcare names. Read more
Stock Market Today: September 19, 2016
Stocks got off to a constructive start this morning, but pulled back in the afternoon, ending the session on a lackluster note. At the close of trading, the Dow Jones Industrial Average was down four points; the S&P 500 Index was off just slightly; and the NASDAQ was lower by 10 points. Nonetheless, market breadth was favorable, as winners were ahead of losers on the New York Stock Exchange. Read more
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