August 17, 2011 - publisher
Stocks are pushing higher in the opening minutes of trade. The effort has been broad based, but tech has been a notable laggard.
Tech stocks are collectively stuck at the neutral line. What’s more, that’s only after the sector had initially...
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August 16, 2011 - publisher
Financials are under the most intense pressure this morning; the sector has already suffered a 1.7% loss, most of which has been caused by weakness in diversified financial services stocks like Bank of America (BAC 7.43, -0.33) and Citigroup (C...
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August 15, 2011 - publisher
Stocks set session highs about 30 minutes ago, but have since slid off of that mark. The three major equity averages all remain up by more than 1%, though.
Utilities stocks have staged an impressive climb this session. Despite their relatively...
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August 12, 2011 - publisher
Financials were up well in excess of 1% this morning, but the sector has since fallen to a 0.6% loss. Regional banks like Fifth Third (FITB 9.68, -0.18) and Huntington Bank (HBAN 5.03, -0.10) and investment banks and brokerages like...
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August 11, 2011 - publisher
Stocks have made a strong move higher to reclaim the gains that they recently surrendered. The move comes without any catalyst or headline.
Bank of America (BAC 7.09, +0.32) is one of this morning’s better performing issues. The stock’s bounce has...
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August 10, 2011 - publisher
Sellers have redoubled their efforts, sending stocks back toward their morning lows. As has been the case with recent sell-offs, very few names have been able to go unscathed.
Such widespread weakness among stocks has helped drive Treasuries higher. As such,...
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August 9, 2011 - publisher
The major equity averages are sporting big gains, just shy of their session highs. As things currently stand, the stock market is on pace for its best single-session performance since a 3% surge in September 2010. Of course, this session’s...
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August 8, 2011 - publisher
Stocks recently registered fresh session lows that translate to losses of almost 4% for both the Nasdaq and S&P 500. The Dow is down little more than 3%.
Consumer staples giant Procter & Gamble (PG 60.92, +0.33) is the only name...
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August 5, 2011 - publisher
A sudden wave of selling has not only dashed all of the stock market’s opening gain, but it has taken stocks below the depths set during the prior session to set a new 2011 low.
The selling effort didn’t come in...
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August 4, 2011 - publisher
The S&P 500 recently came within just a couple of points of the 2011 intraday low that was set during the prior session, but a modest upturn has helped the benchmark Index put some additional distance between itself and the...
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