The major averages are showing little change after the release of the University of Michigan Survey. The S&P 500 is down 0.7%. The University of Michigan’s final Consumer Sentiment Survey for September fell to 78.3 from the 79.2 that was...
The key indices have ticked down following the most recent pending home sales data. The S&P 500 is up 0.2%. Pending home sales for August declined by 2.6%, which is worse than the 0.5% increase that had been expected among economists...
The major averages remain near their session lows following the release of the latest new home sales data. The S&P 500 is down 0.3%. New home sales in August hit an annualized rate of 373,000, which is slightly down from...
Stocks have marked fresh session highs following the release of the latest consumer confidence data. The S&P 500 is up 0.3%. The latest consumer confidence reading for September came in at 70.3 while economists expected a reading of 63.0. This...
The major averages are lifting off session lows reached at the start. The S&P 500 is down 0.2%. Utility stocks are outperforming the broader market as natural gas producer Questar (STR 19.88, +0.51) is adding 2.7% after shares of the company...
The major averages are holding their opening levels as the S&P trades higher by 0.4%. Questcor (QCOR 32.44, +2.10) is higher by 6.9% as it continues to rebound from Wednesday’s 49.0% drop which resulted from investor confusion regarding the insurance...
Equities have lifted off their early lows but the major averages remain in negative territory. The S&P 500 is down 0.3%. Consumer staples are outperforming the broader market as investors flock towards traditionally safe sectors. Beverage producers are generally higher...
The major averages spiked into positive territory after the release of existing home sales data. The S&P 500 is up 0.1%. Existing home sales for August hit an annualized rate of 4.82 million units, which is stronger than the rate of...
The major averages have seen an extension of the early bearish sentiment. The S&P 500 is off by 0.3%. Looking at the early sector performance, energy and financials are weaker as yesterday’s risk-off trade extends into today’s session. Telecoms, health...
Equities are hovering just beneath the unchanged line as they start the week on a negative note. The S&P 500 is down 0.2%. Looking at the early sector performance, defensive stocks are outperforming. Health care, utilities, and consumer staples are...
