U.S. stocks are off to a roaring start this morning with plenty of news and economic reports to chew on. In the early going, both the Dow and the S&P500 are up over 0.4%. Oil is looking like the big story today with the much anticipated meeting of the Organization of the Petroleum Exporting Countries going on as we speak.
It is very quiet this morning. Positive economic data has not been enough to spark a rally. It seems that investors are sitting on the sidelines digesting the 'Trump' rally as markets hold just short of their record highs. A positive revision to 3rd quarter GDP shows that the US economy is in a solid economic recovery, but with the 4th quarter nearly
The U.S. markets have opened mostly lower following a holiday shortened week and after four straight sessions in the green. Currently, the Dow is down 0.3% and the S&P500 is 0.25% lower. Profit taking can be expected after the impressive post-election run-up we have seen in stocks.
Markets are taking a break going into the Thanksgiving holiday. Today's modest drop cannot take away from the weekly performance in this holiday shortened week.
The Dow Jones Industrial Average touched 19,000 for the first time ever early in the session Tuesday as investors continued to push US stocks further into record territory. On Monday, the Dow, S&P 500, and Nasdaq all closed at record highs as a jump in oil prices and a pullback in the US dollar ignited optimism across the broad market.
Stocks continue to surge this morning as investors reflect what a new Republican administration will do for economic growth. While President Trump fills in a staff that reflects a moderation of his off-the-wall rhetoric in the campaign, both global and domestic markets like what they see. Harsh divisions within the GOP seem to be melting away as Rep
After the impressive market run-up last week following the election of Donald Trump as our next President, this has been a pause and reflect week for U.S. equities. In early trading today, both the Dow and S&P500 are flat. Yesterday was a shaky session as investors digested comments from Janet Yellen that set the stage for a December rate hike.
The post-election rally seems to be losing steam after the Dow Jones Industrials Average snapped a seven-session winning streak yesterday. US equity markets opened slightly in the green today, but there’s a sense that a further breakout to the upside may be a challenge for the bulls for the remainder of the year.
After seven straight winnings sessions and closing for the fourth time at record levels, the Dow is experiencing a bit of a pullback in the early going as investors take some profits. Both the Dow and S&P500 are trading in the red here in the first hour of trading.
Stocks open mixed this morning despite generally solid economic news that shows that the US economic recovery is picking up steam. The Dow is down modestly while the broader S&P 500 Index and the Tech heavy Nasdaq index are both slightly positive. After the huge rally we saw during last week's election driven sessions, a spate of profit taking is to be exp
The markets have quieted down a bit today following a week that saw both the Dow and S&P500 hit record levels and the highest percentage weekly growth in several years.
What a week it’s been on Wall Street (and main street)! Markets are up big this week with the Dow Jones hitting record territory on Thursday while tracking towards its largest weekly gain since 2011.
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