The stock market opened higher this morning
, and selectively managed to hold onto its gains throughout the afternoon
. At the close of trading, the Dow Jones Industrial Average was ahead roughly 298 points; the broader S&P 500 Index was up 20 points, and the technology-heavy NASDAQ was higher by 40 points. Market breadth was favorable, with advancers nicely ahead of decliners on the NYSE.
The U.S. equity markets started the last session of the week in mixed fashion, and trading remained aimless throughout the day. The lack of direction was largely attributed to conflicting signals over the status of trade talks between the U.S. and China. Meanwhile, the fact that 10-year Treasury yields are near a seven-year peak at 3.07% has likely prompted some investors to reduce their exposure to relatively pricey stocks.
The stock market managed to stage an advance
early this morning
, but the gains quickly evaporated
as the session progressed. In addition to digesting the latest batch of corporate earnings reports
worried that trade negotiations with China
may not end constructively. At the close of the day, the Dow Jones Industrial Average was down 55 points; the broader S&P 500 Index was off two points, and the NASDAQ was lower by almost 16 points.
The major market equities resumed their strong May for most of Wednesday
, following yesterday’s broad-based pullback. And while 10-year note yields rose again today, likely contributing to the paring of gains in the home stretch, traders were encouraged enough by a slate of strong earnings reports
to look beyond the same development that drove the major indexes lower on Tuesday. While the Russell 2000 was the best-performing composite, the large-cap averages registered full-day gains, as well, with the NASDAQ leading the way.
Following yesterday’s mixed session
, the major market averages
spent Tuesday in negative territory
. Elevated interest rates
and a disappointing
from a Dow component Home Depot
(HD) emboldened sellers
from the start, with the bulls showing few signs of a resurgence as the closing bell approached.
The stock market
moved nicely higher this morning, but eased somewhat as the session progressed. At the close of trading
, the major averages managed to remain in positive territory
. Specifically, the Dow Jones Industrial Average was ahead 68 points; the broader S&P 500 Index was up two points, and the NASDAQ was higher by eight points.
on Friday displayed little of the volatility that unsettled investors on a number of occasions this year
. The calmer trend is welcome, since it probably indicates the focus is more on the economy and earnings.
There could still be disruption from international trade disputes, rising interest rates, or global tensions, as has occurred in recent months.
The equity market moved higher
, and managed to improve
on these gains through the afternoon
. At the close of trading, the Dow Jones Industrial Average was ahead 197 points; the broader S&P 500 Index was up 25 points, and the NASDAQ was higher by 65 points. There was widespread buying today, with advancers easily outpacing of decliners on the NYSE.
After a modestly positive performance
in the opening hours, the major U.S. indexes rose swiftly on Wednesday afternoon
. The rally
was led by the energy sector
, where the fallout from President Trump’s decision to exit the Iran nuclear accord spurred a spate of buying which drove U.S. crude prices to their highest levels in nearly four years.
Driven in large part by some geopolitical uncertainty, the major U.S. indexes were volatile during Tuesday’s trading session
. Speculation over the United States’ future participation in the Iran nuclear deal of 2015 led to a lower opening by the Dow Jones Industrial Average, S&P 500, NASDAQ, and small-cap Russell 2000.