Stocks opened higher, but are modestly lower after the three-day weekend. The S&P 500 is down 2 points to 2097.06 midday Tuesday and, for the month of May, has gained 30 points or roughly 1.5%. Treasury bonds have erased early losses and are decidedly flat following a round of mixed economic news. The yield on […]
Stocks are flat after two days of solid gains. The S&P 500 has traded in a narrow 7-point range and is down .61 to 2089.93 into midday Thursday after gaining 42 points, or 2%, Tuesday and Wednesday. Crude oil is also unchanged at $49.56 after briefly touching more than $50 per barrel for the first […]
Stocks opened modestly higher and the rally gathered some momentum into midday Tuesday. The S&P 500 is up 25.81 points to 2073.85 and less than one-point from session highs. Gains across European equities markets and higher crude oil prices helped set a positive tone for morning trading. Crude is now up 70c to $48.78. Gold […]
Stocks slipped at the open and the decline is gathering some momentum into midday Thursday. The S&P 500 is down nearly 20 points to 2027.68 and near session lows. Treasury bonds are holding gains as stocks falter and after suffering steep losses yesterday when the minutes from the latest Fed meeting were released Wednesday afternoon […]
Stocks are seeing choppy action after moving broadly higher Monday. The S&P 500 has given up 6 of the 20 points scored yesterday and sits near the lows of the day at 2060. Treasury bonds are steady despite a round of stronger-than-expected Industrial Production, Housing Starts, and inflation (CPI) data. The yield on the benchmark […]
Stocks opened higher, but have surrendered the morning gains and are under water midday Thursday. The S&P 500 is down 6.66 points to 2057.80, 16 points from session highs, and adding to the nearly 20-point decline suffered Wednesday. Seven of ten market sectors are lower, led by losses in Technology (XLK), Healthcare (XLV), and Telecomm […]
Stocks opened higher following a day of quiet trading Monday and on the heels of strength across overseas markets. After climbing just 1.55 points to start the trading week, the S&P 500 is up 16.43 points to 2075.12 Tuesday and two points from session highs midday Tuesday. Development overseas are driving the positive sentiment. China’s […]
Stocks opened modestly higher and are trading in mixed fashion Thursday. After a two-day 30-point skid, the S&P 500 has traded in a narrow 9-point range and is up 5.85 points to 2056.97. Energy (XLE) is the best performing sector after crude oil gained $1.30 to $45.10. Tech (XLK), Financials (XLF), and Healthcare (XLV) are […]
Stocks slumped at the open and remain deep in the red through midday Tuesday. The S&P 500 is down more than 20 points to 2061 and 6 points from session lows. Energy (XLE) is the biggest loser as crude oil prices dipped nearly 3% to $43.60 per barrel. Basic Materials (XLB), Financials (XLF), and Telecomm […]
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