Stocks failed to sustain a recent rebound attempt. That has left the major equity averages to retreat deeper into the red. Energy stocks are among the worst performers this session. The sector has slid to a 1.3% loss, partly attributable...
Stocks recently rolled over to log new session lows, but have since managed to rebound. The stock market’s effort to improve its position comes in the face of continued weakness among financials, which are now facing a collective loss of...
Stocks are holding their gains in the wake of a couple of doses of data. Both proved better than expected. The ISM Manufacturing Index improved from 52.7 in November to 53.9 in December. It had been expected, on average, to...
Stocks recently pushed into positive territory with help from a rising euro, which now trades with a 0.3% lead over the greenback after it had been down fractionally this morning. Although the euro has maintained a modest gain, stocks have...
Financials have extended their climb to a gain of 1.5%, which makes them this session’s strongest performing sector by a considerable margin. Up about 0.9%, energy stocks make up the next best performing sector. However, that could be challenged because...
The major averages have slumped to their worst levels of the session with today’s selling dropping the S&P 500 back below its 200-day moving average. Currently, all three of the major averages trade down close to 1.1%. Shares of...
The major market averages are flat during a quiet holiday trade. All three of the major averages are currently within 0.1% of the flat line as stocks drift in a lackluster session. Shares of Sears Holding (SHLD 36.55, -9.30) are trading down...
The major equity averages have eased back a bit in recent action, but they remain in positive territory with modest gains. However, small-cap stocks are still looking especially strong, collectively boasting a gain of almost 1%, as measured by the...
Stocks have stabilized after being rebuffed by broad market resistance, but they haven’t yet made an attempt to re-test session highs. Financials are offering early leadership, much as they did in the prior session. Financials have run up to a 1.3%...
Early action remains strong, but the ascent by the S&P 500 has been slowed because of resistance in the region of 1225, which currently contains the 50-day moving average for the broad market measure. Even a better-than-expected Philadelphia Fed Survey has...
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