July 29, 2011 - publisher
The major averages have pushed to their best levels on reports that more members are supporting the House bill. The Nasdaq has crossed into positive territory while the Dow and S&P hold small losses.
Starbucks (SBUX 40.40, +0.42) is one of...
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July 28, 2011 - publisher
Stocks have spent the first 30 minutes of trade on both sides of the flat line, and remain mixed on the session. The Nasdaq is pacing today’s gains, trading higher by 0.1% while the S&P and Dow are holding fractional...
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July 27, 2011 - publisher
The major market averages are sporting heavy losses in the early going with the S&P and Nasdaq both down 0.9% and the Dow slightly outperforming with a decline of 0.7%. Weakness in industrials (-1.5%), IT (-1.5%), and financials (-1.0%) is...
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July 26, 2011 - publisher
The major market averages are mixed in early trade as the Dow (-0.3%) and S&P (-0.1%) trade lower while the tech heavy Nasdaq (+0.3%) holds a small gain. Weakness in industrials and materials is pacing this morning’s decline in the...
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July 25, 2011 - publisher
The major market averages continue to climb off their opening levels with all three trading down between 0.5 and 0.6%.
Pepsico (PEP 64.83, -0.93) is lower for the third consecutive session following last week’s earnings after Goldman Sachs downgraded the stock...
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July 22, 2011 - publisher
Financials have stopped their morning slide. The sector is now down 0.6%. However, industrials have continued to slide from their opening levels. The sector’s downturn has left it with a 1.1% loss.
The industrial sector’s slide has been led by Caterpillar...
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July 21, 2011 - publisher
The stock market’s upward push has taken pause, so as to give stocks a bit of a breather. As things currently stand, the S&P 500 is on pace for a weekly gain of more than 2%.
Financials have been a big...
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July 20, 2011 - publisher
Despite a positive tone to premarket trade, stocks have been hit with a flurry of selling at the open. That has left the broad market to slide to the neutral line.
Financials have been a source of early support, though. The...
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July 19, 2011 - publisher
Tech stocks have sprinted out to a 1.8% gain. The group’s strength has helped give the tech-rich Nasdaq a nice lead over its counterparts.
Among tech issues, IBM (IBM 181.20, +5.92) is a top performer. The stock’s jump to a new...
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July 18, 2011 - publisher
Stocks had started to trim their losses in the first few minutes of trade, but they have since turned downward to set new morning lows. The reversal comes amid broad selling pressure, but financials are experiencing some of the most...
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