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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 start the week modestly higher – U.S. stock-market indexes closed higher on Monday, as investors await the CPI inflation report for May and the interest-rate decision from the June Federal Reserve meeting, both of which will come on Wednesday. The tech-heavy Nasdaq outpaced the S&P 500 and Dow Jones indexes. Treasury bond […]
Market Overview Stocks close lower – Major equity indexes closed modestly lower on Friday but remained up for the week. Small- and mid-cap stocks trailed large-cap stocks for the day. Sectors were mixed, with utilities and materials leading to the downside, and financials, technology and health care higher. In global markets, Asia was mixed on […]
Market Overview Stocks close sharply higher: Stock markets closed sharply higher on Wednesday, as mega-cap technology led the gains, and artificial intelligence (AI) leader NVIDIA approached $3 trillion in market capitalization. In addition, softening labor market data, combined with better inflation trends more recently, support the notion that the Fed may cut rates in the […]
Market Overview Stocks finish mixed amid growth concerns: After opening higher, U.S. equity indexes lost steam through the day, as manufacturing data sapped some enthusiasm over the outlook for the economy. The latest ISM manufacturing index reading showed that factory production weakened recently, driven by a drop in new orders, which prompted stocks to give […]