Choppy action in the early going has left the major equity averages to continue trading in mixed fashion. No immediate reaction has been made to the latest monthly reading on existing home sales. Existing home sales during December hit an...
A recent slip by stocks took the S&P 500 down to the flat line, but support there provided a floor for a rebound that has taken stocks to session highs. For the second consecutive session the Nasdaq is outperforming its...
Stocks were able to stabilize after a relatively shaky start and have since pushed up to modest gains. The market’s move higher coincides with new session lows by the dollar, which was last quoted with a 0.6% loss against a...
Tech stocks, which make up the largest sector by market weight, are now collectively the best performers of the session. As a group, tech stocks are up 1.2%. Applied Materials (AMAT 11.88, +0.39) is a primary leader in the tech...
Stocks recently dropped another leg down to set new session lows, but have since managed to retrace the move so that they are now near the levels set with the market’s opening gap down. Even financials are getting some relief....
Early action has been choppy and listless, much like it was during the majority of the prior session. The tone ahead of the open had actually been positive, but buying interest was undermined by disappointing retail sales numbers and the...
The Nasdaq recently poked into positive territory, but its inability to sustain the move has left it to recede back to the neutral line. The attempt to trade higher came in conjunction with a recent jump by tech stocks, but...
Stocks recently eased off of their opening highs, but they have begun to reclaim their gains. The broad market isn’t quite back to its morning high, however. Materials stocks continue to run ahead of the rest of the market; the...
A recent upward push by stocks has come under pressure, causing the major equity averages to return to the neutral line. Since the start of the session leadership has been lacking. Although broad market trade remains lackluster and Alcoa (AA...
Selling pressure at the open has sent the major equity averages into negative territory. Overall losses remain modest, though. Financials were a source of positive leadership in the prior session, but the sector is weighing on action this morning. Financials,...
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