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Market Overview Stocks tick higher ahead of tomorrow’s inflation report: Stocks logged modest gains on Thursday, with the S&P 500 rising by 0.1% while the Nasdaq logged a 0.3% gain.* The consumer discretionary and real estate sectors of the S&P 500 were today’s top performers, while the defensive consumer staples sector lagged.* On the economic […]
Market Overview Stocks closed mixed: Stock markets closed with mixed performance on Thursday, as the Dow Jones moved higher while S&P 500 and the technology-heavy Nasdaq both fell. Nonetheless, for the full year, the Nasdaq is up about 18%, while the S&P 500 is up almost 15%. The Dow Jones, however, is up just about […]
Market Overview Stocks tread water, touch new highs: The major U.S. equity indexes spend most of Tuesday near the unchanged mark, with the S&P 500 closing a touch higher to add to its new high water mark. International equities were generally higher with global central bank moves and political uncertainties in France in focus. Signs […]
Market Overview Stocks and bonds rally in response to lower inflation: Stocks finished higher on Wednesday in response to a lower-than-expected consumer price index (CPI) reading for May and the Fed’s decision to leave its policy rate unchanged at 5.25% – 5.50%. The S&P 500 gained 0.9%, while the Nasdaq rose by 1.5%.* From a […]
Market Overview Stocks close higher – Major equity indexes closed higher on Tuesday. Small- and mid-cap stocks trailed large-cap stocks*. Sector leadership was narrow, with technology and communication services higher, and with financials, utilities and industrials leading to the downside. Today’s big news probably is about Apple. Apple’s AAPL stock spiked +7% today to fresh […]