Stocks have been chopping their way lower in recent trade. The action has taken both the Dow and the S&P 500 to morning lows near or narrowly above the neutral line. However, the Nasdaq is now down with a marked...
Stocks continue to cling to narrow gains in the wake of the latest Philadelphia Fed Survey, which increased to 10.2 for February from 7.3 in the prior month. The February reading proved slightly stronger than expected since the consensus among...
The Housing Market Index for February improved to 29 from 25 in the prior month, exceeding the Briefing.com consensus call for an improvement to only 26. Shares of homebuilders have benefited from the news, resulting in a quick spike to...
A recent rebound attempt has been countered with renewed selling, forcing both the Nasdaq and S&P 500 to new morning lows. Meanwhile, the Dow is testing the depths that it set about 40 minutes ago. While stocks are sliding, the greenback...
Stocks have stabilized after suffering a gradual descent from opening highs. The downward move was led by tech stocks, which make up the largest sector by market weight. As a group they recently came in contact with the flat line,...
Stocks continue to contend with steady selling pressure, which has left the major equity averages wrestling with losses of almost 1%. Weakness has been widespread since the start of trade. The Volatility Index has spiked as a result of such...
Stocks are trading in choppy fashion this morning. The rest of the market has been reluctant to rally around the tech sector; as a group tech stocks are now sporting a 0.7% gain. Wholesale inventories increased by 1.0% during December....
Stocks have attemted to trade slightly higher, but overall gains remain only modest. Consumer discretionary stocks are showing strength. The sector’s 0.6% gain has put it neck-and-neck with materials stocks. Consumer discretionary plays are currently led by the likes of...
Stocks extended their opening slide beneath the prior session’s lows, but buyers have stepped in to fuel a rebound. The effort has taken both the Nasdaq and the Dow into positive territory, but the S&P 500 has paused near the...
Stocks are trying to improve their positions. The effort has moderated losses among the major equity averages. Despite the upturn, there still isn’t a single sector in positive territory. Energy and Industrials sectors are both narrowly below the neutral line,...
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