- Featured CommentariesMarket Daily UpdatesStock Market Today: November 16, 2018Harvey S. Katz, CFA and Adam Rosner | 11/16/2018The stock market got off to a weak start this morning, but managed to selectively firm up as the session progressed. At the close of trading, the Dow Jones Industrial Average was ahead 124 points; the broader S&P 500 Index was up six points; while the technology-heavy NASDAQ was lower by 11 points. Market breadth showed a mixed situation, as advancing issues slightly outpaced decliners on the NYSE. Many equity groups managed to make progress today, led higher by the healthcare, utility, and basic materials issues. In contrast, the technology stocks and selective consumer names retreated.Market Daily UpdatesStock Market Today: November 15, 2018Harvey S. Katz, CFA and John E. Seibert III | 11/15/2018The market started the day off lower. It looked ready to continue yesterdays decline, following disappointing earnings results from a few retailers. However, stocks bounced back after the first hour of trading, largely on an improved trade outlook . Indeed, a report stated that the U.S. and China are working harder to come to a truce at the G20 meeting at the end of this month. The Dow Jones Industrial Average rose steadily on these reports, climbing by as many as 275 points by mid-afternoon. The S&P 500 and NASDAQ also followed suit, with the latter outperforming due to the strong performance of technology stocks. All told, the Dow rose around 0.8%, 209 points, on the day.StockHighlightsDow 30 Earnings: Walmart Inc. Fiscal Third Quarter 2018Kevin Downing | 11/15/2018Shares of Walmart (WMT) slip some following the release of the retail giants fiscal third-quarter financial results.StockHighlightsDow 30 Earnings: Cisco Systems First Quarter Fiscal 2019Kevin Downing | 11/15/2018Shares of Cisco Systems (CSCO) are up modestly in trading today after the networking equipment and software provider reported better-than-expected results for the October period. Revenue of $13.1 billion grew 8% year over year, greater than our 4% estimate. Total product sales (75% of the top line) were up 9%, Service revenue grew 3%, and product orders advanced 8%. Adjusted earnings per share came in at $0.75, $0.03 more than our forecast and 23% above the prior year's tally.Market Daily UpdatesStock Market Today: November 14, 2018Harvey S. Katz, CFA and John E. Seibert III | 11/14/2018The stock market traded opened higher today, as good economic news and strong earnings releases were recorded. However, the broader markets enjoyed these early gains for only a short time, as equity prices fell throughout the majority of the day, reaching its nadir in the early afternoon. The Dow Jones Industrial Average fell by as many as 350 points at its lowest point, while the S&P 500 and NASDAQ traded lower in tandem. In addition, Dow component Apple Inc. (AAPL Free Apple Stock Report) briefly entered bear-market territory. However, after 2:00 pm (EDT), the trading became choppy and the declines reversed course a bit. All told, the Dow ended down 206 points, or 0.8%.
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