U.S. stocks are pulling back to kick-off this holiday shortened week. The Dow is down nearly 100 points in early trading while the S&P500 is seesawing around the unchanged line. The Nasdaq is up slightly led by broad gains among the ‘FAANG’ stocks. Today’s selling trend follows a six session rally that saw the three major U.S.
Stocks are recovering this morning, after a brutal selloff last week that ushered in new levels of volatility that market participants haven’t seen in some time. The Dow Jones Industrial Average finished last week with losses of -5.2% in a week that saw two 1,000 point drops and six consecutive days of 500 point intraday swings.
U.S. stocks are on the decline this morning following a volatile session on Friday that sent stocks tumbling. Both the Dow and S&P500 finished last week with declines of 2.5% and 2.1% - the largest single day drop for stocks since September 2016. That downward trend is continuing in early trading this morning.
U.S. stocks are taking a breather this morning after finishing another record breaking week last week. In early trading this morning the Dow is down 100 points while the S&P500 and Nasdaq are also in the red. Last week, all three major U.S. indices closed at record levels with the S&P500 on pace to record its fifth best start to a year since 1950.
US stocks rallied last week for the third consecutive week despite a slight increase in volatility as concerns heightened over a potential US government shutdown. That shutdown occurred over the weekend, the first time since 2013, but ultimately did not rattle investor confidence in Monday’s session as stocks continued their record march higher.
The U.S. stock and bond markets are closed today in observance of the Martin Luther King, Jr. Holiday.
Stocks closed out last week once again in record territory. The Dow was up 228 points to finish the week at 25,803 while both the S&P500 and the Nasdaq were up 0.7% to also close at record levels.
U.S. stocks are taking a breather today after starting the New Year on a torrid pace during the first full week of trading in 2018. All three major U.S. equity indexes finished last week with solid gains and posted record levels on Friday. For the first time since 1964, the S&P500 closed at record levels in the first four sessions of the year.
U.S. stocks are off to a roaring start to kick off 2018 after finishing a record setting year in 2017. In early trading this morning, the three major indices are all comfortably in the green with the Dow Jones within striking distance of 25,000 points.
U.S. stocks are once again moving higher as investors kick off the last full trading week before the Christmas Holiday. In early trading this morning, all of the major indices are solidly in positive territory. All three benchmarks set new closing highs on Friday with the Dow and S&P500 closing out their fourth straight weekly gain.
US stocks finished mixed last week with the Dow Jones and S&P500 each advancing 0.4% while the Nasdaq dipped -0.1% on the week.