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,...
The major equity averages have just moved another leg higher. Their climb comes in the wake of another dose of pleasing data. The ISM Service Index jumped to 56.8 in January from 52.6 in the prior month, surpassing the 53.1...
Strength among tech stocks (+0.7%) and financials (+0.8%) is helping the broad market work its way higher. Still, overall gains remain only modest. Fed Chairman Bernanke is currently engaged in a question and answer session with members of the House...
Action among stocks has become choppy as traders digest a couple of doses of data. Market participants just got their hands on the ISM Manufacturing Index for January. It came in at 54.1, which is better not quite as strong...
Pronounced selling pressure against energy stocks has sunk the sector for a 1.2% loss. The slide comes as shares of integrated oil giant and Dow component Exxon Mobil (XOM 83.61, -1.88) drop to a one-month low following in-line earnings results...
Stocks have extended their climb up from session lows, but weakness remains widespread. That said, tech stocks have made a nice run out of the red into positive territory. The sector is now up 0.1% and is the only sector...
Stocks continue to chop along with mixed results. Materials stocks, now up 0.3%, have been joined in positive territory by tech stocks, which are collectively up just 0.1%. Every other sector remains mired in negative territory. The final reading on...
Selling pressure has picked up in recent trade, resulting in a loss for both the S&P 500 and the Nasdaq after each had traded with a solid gain in the early going. The Dow is at a session low, but...
The broad market remains in negative territory, unfased by the latest monthly pending home sales numbers. Pending home sales for December fell 3.5%, which is worse than the 3.0% decline that had been expected, on average, among economists polled by...
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