Stocks opened slightly higher this morning with every major index gaining momentum throughout the day. In economic news, U.S. durable goods orders more than doubled expectations, increasing 11.2% in July.   Dow Jones +83 at 28,332 S&P 500 +35 at 3,479 NASDAQ +199 at 11,665   The 10 Year Treasury closed up 1 basis point […]

Stocks closed mixed today with the S&P 500 and Nasdaq making yet another record high and the Dow closing negative. A closely watched index tracking US consumer confidence unexpectedly weakened in August to a fresh pandemic-era low, cooling hopes for an extended rebound in consumer spending trends. Dow Jones finished -60 at 28,248 S&P 500 […]

Stocks moved higher to begin the week, with every major index finishing up about 1%. In economic news, existing home sales was higher than expected, reporting 5.86 million in July.   Dow Jones +378 at 28,308 S&P 500 +34 at 3,431 NASDAQ +68 at 11,380   The 10 Year Treasury closed up 1 basis point […]

Stocks moved higher today, with every major index finishing up about a half of percent. In economic news, existing home sales rose a record 24.7% in July as prices set new highs.   Dow Jones +191 at 27,930 S&P 500 +12 at 3,397 NASDAQ +47 at 11,312   The 10 Year Treasury closed flat yielding […]

Stocks turned slightly higher today as investors absorbed a rise in the Labor Department’s weekly jobless claims report at 1.106 million  and digested more earnings from Corporate America.   Dow Jones finished +47 at 27,739 S&P 500 finished +11 at 3,385 NASDAQ finished +118 at 11,264   The 10 Year Treasury closed down 2 basis […]

After the S&P and NASDAQ hit record highs yesterday, stocks opened higher today but lost momentum and every major index finished in negative territory. In economic news, building permits came in higher than expected in July, at 1.495 million.   Dow Jones -85 at 27,693 S&P 500 -15 at 3,375 NASDAQ -64 at 11,146   […]

Stocks opened higher to begin the week but ended up with the S&P and NASDAQ closing positive and another record high for the NASDAQ. In economic news, home builder sentiment jumped to a record high of 78 in August. Dow Jones finished -86 at 27,844 S&P 500 finished +9 at 3,381 NASDAQ finished +110 at […]

Stocks opened mixed for a second straight morning and spent the day in and out of positive territory, with the DOW being the only major index to finish up. In economic news, U.S. retail sales came in at 1.2%, lower than the expected 2.3%.   Dow Jones +34 at 27,931 S&P 500 -1 at 3,373 […]

The Nasdaq gained today as tech shares renewed their run of out-performance. Investors also processed a jobless claims report that came in much better than expected, with new weekly unemployment insurance claims falling below 1 million for the first time during the pandemic period. Dow Jones finished -80 at 27,897 S&P 500 finished -7 at […]

Stocks opened higher for a 3rd straight day and continued to gain throughout the day, with every major index finishing over 1% higher. In economic news, the consumer price index came in at 0.6% in July, higher than the expected 0.4%.   Dow Jones +290 at 27,977 S&P 500 +47 at 3,380 NASDAQ +229 at […]