- MarketsStock Market Today:October 22, 2017
Current Today's Change NASDAQ 6,629.05 23.98 0.36% S&P 500 2,575.21 0.00 0.00% DOW 23,328.63 0.00 0.00% Russell 2000 1,509.24 7.20 0.48%NASDAQAll data as of 5:16 PM Oct 20, 2017. Delayed at least 15 minutes
- Featured CommentariesMarket Daily UpdatesStock Market Today: October 20, 2017Harvey S. Katz, CFA, Adam Rosner, and Robert Harrington | 10/20/2017After yesterdays mixed tone to trading, the bulls stormed back on Friday. Each of the major large-cap indexes opened higher, rising to all-time high levels throughout the day. Though a generally positive trend from third-quarter earnings season has helped to prop up the averages for most of the past few weeks, todays uptick relied heavily on the prospect of tax reform. Still, earnings-related contributions from PayPal (PYPL) and the welcome late-in-the-day rebound of General Electric (GE) shares bolstered the optimistic tilt to the weeks final session.StockHighlightsDow 30 Earnings: General Electric Third-Quarter 2017Erik M. Manning | 10/20/2017General Electric, (GE) an industrial conglomerate in the process of selling off its financial unit in an effort to get back to its industrial roots, has posted third-quarter financials for 2017. The revenue figure beat both our and Wall Street's expectations, but earnings missed the mark by a wide margin, and the full-year bottom-line outlook was trimmed by a substantial amount.StockHighlightsDow 30 Earnings: Procter and Gamble First Quarter Fiscal 2018Orly Seidman | 10/20/2017Investors seemed largely unimpressed with Procter & Gambles September-quarter financial results, as the stock price was down slightly this morning.Market Daily UpdatesStock Market Today: October 19, 2017Harvey S. Katz, CFA, William G. Ferguson, and Robert Harrington | 10/19/2017Amidst another day of roughly even market breadth, the major U.S. indexes spent most of Thursdays session in negative territory. Each of the composites set all-time records yesterday, so many investors were happy to collect profits. The Dow Jones Industrial Average and broad-based S&P 500 groupings managed to climb above their respective breakeven lines in the final hour, with the former remaining comfortably above the just-breached 23,000-point threshold throughout the day. The tech-laden NASDAQ 100, hindered by selling of Apple (AAPL) stock, failed to mount a similar recovery, but still closing with less-than-half its midday nadir.StockHighlightsDow 30 Earnings: Verizon Communications Third Quarter 2017Kenneth A. Nugent | 10/19/2017Shares of Verizon are trading modestly higher on news of the telecommunications giants decent third-quarter results.
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