Stocks remain in the red, but blue chips are helping the Dow keep its loss to a minimum. Names like Merck (MRK 39.23, +0.77) and Kraft (KFT 39.62, +0.22) have proven especially helpful in the Dow’s effort. Shares of MRK...
Stocks are pulling back after opening trade with a modest gain. Tech — the largest sector by market weight — is an early drag as it drifts down to a 0.3% loss. Despite earnings that far exceeded what had been...
Pending home sales spiked by 4.1% during March. That was far better than the 0.5% increase that economists polled by Briefing.com had generally expected. The news has helped lift the broad market to a modest gain, but shares of homebuilders...
The major equity averages are all down in excess of 1% as a concerted selling effort takes hold of stocks. Financials, Materials, Energy, and Industrials are in the worst shape — each sector is down roughly 1.5% or more. Telecom...
Energy stocks were out in front of the rest of the market shortly after the open, but the sector has since surrendered some of its gain. Energy stocks are now up 0.4% as a group. Tech has managed to add...
Stocks have faltered following a flurry of data, which was generally disappointing. The Philadelphia Fed Survey for April fell to 8.5 from 12.5 in the prior month, but had been generally expected to decline to just 10.3. Existing home sales...
The major stock averages remain stuck in negative territory with modest losses. There isn’t a single sector that has managed to muster a gain, although both the Consumer Discretionary Sector and the Health Care sector have managed to hold their...
The major market averages trade at session highs with all three seeing gains in excess of 1.0%. A 1.4% advance has the Nasdaq leading the charge while the Dow and S&P are both seeing 1.2% gains. Coca-Cola (KO 74.43, +1.99)...
Apple (AAPL 590.42, -14.81) is showing notable relative weakness amid a generally stronger market. Apple shares are now -2.5% and at a new four-week low, weighing on the technology sector. So far the move doesn’t appear to be related to...
The major market averages trade on session lows as the Nasdaq paces the decline with a loss of 1.2%. The S&P 500 and Dow are seeing relative outperformance, but trade down 0.9% and 0.7% respectively. Investment banking giant JP Morgan...
