Markets
    Stock Market Today:
    June 24, 2017
     CurrentToday's Change
    NASDAQ6,265.2528.560.46%
    S&P 5002,438.303.800.16%
    DOW21,394.76-2.53-0.01%
    Russell 20001,414.7810.250.73%
    NASDAQ
    All data as of 5:16 PM Jun 23, 2017. Delayed at least 15 minutes
    Featured Commentaries
    Market Daily Updates
    Stock Market Today: June 23, 2017
    Harvey S. Katz, Mario Ferro, and Robert Harrington  |  06/23/2017
    U.S. equities generally moved higher on Friday, with advancing issues roughly doubling the number of declining shares. The major factors driving the bullish efforts were the solid May numbers for new home sales released by the Commerce Department, as well as positive comments from a regional Fed President who suggested the central bank’s near-term tightening policy could be eased in the future. Consensus expectations continue to point toward one more rate hike in 2017, likely during the December summit.
    Market Daily Updates
    Stock Market Today: June 22, 2017
    Harvey S. Katz and Adam Rosner  |  06/22/2017
    The stock market got off to a tentative start, made considerable progress for much of the afternoon, but weakened in the final hour of the session. At the end of the day, the Dow Jones Industrial Average was down 13 points; the broader S&P 500 Index was off slightly; while the NASDAQ clung to a modest gain.
    Market Daily Updates
    Stock Market Today: June 21, 2017
    Harvey S. Katz, Robert Mitkowski, and Adam Rosner  |  06/21/2017
    The stock market delivered a highly fragmented performance today, as investors rotated out of energy names and into technology issues. At the close of trading, the Dow Jones Industrial Average was down 57 points. The broader S&P 500 Index was also off slightly. However, the NASDAQ managed to advance 46 points, which was impressive. Market breadth showed a divided session, as decliners outpaced advancers on the NYSE. Further, many market sectors retreated with sizable losses in the energy and financial names. Of note, the price of crude oil moved lower today, even though a recent report from the EIA showed inventories had declined a bit over the past week.
    Market Daily Updates
    Stock Market Today: June 20, 2017
    William G. Ferguson, Harvey S. Katz, and Robert Harrington  |  06/20/2017
    U.S. stocks retreated from the highs set on Monday, with each of the three major indexes trading near their intraday lows as the closing bell approached. The day-long selloff can be mostly attributed to weakness in the energy sector, where cautious optimism that OPEC and other producers would inject some normalcy into the market has all but faded. Lingering doubts stemming from lackluster releases from the business beat in the past week were additional headwinds likely bolstering the bears’ campaign today. Disappointing metrics on retail, industrial production, housing starts and others have added credence to the growing consensus that 2.5% GDP growth in the quarter is more likely than the 3% estimate from a few months ago. All but one of the ten major market sectors closed in the red today, while the NASDAQ registered the widest loss, 51 points (0.82%).
    Market Daily Updates
    Stock Market Today: June 19, 2017
    William G. Ferguson, Adam Rosner, and Mario Ferro  |  06/19/2017
    The U.S. equity markets opened today’s session to the upside, and largely added to their gains as the day wore on. At the end of trading day, the Dow Jones Industrial Average was ahead by nearly 145 points, or 0.68 percentage points. The S&P 500 Index did slightly better, with its 20-point advance lifting the index by over three quarters of a percentage point. Both indexes closed at new all-time highs. However, the NASDAQ was the winner of the day, as tech stocks regained more of the ground they lost over the last couple of weeks. Up by 87 points, the composite came out ahead by 1.4%.
    • Research Notes
      Jun 23, 2017
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