Markets / Commentaries
Stock Market Today: July 24, 2017
William G. Ferguson and Adam Rosner | 07/24/2017
The U.S. stock market opened lower this morning, but seems to be recovering somewhat. At just past noon in New York, the Dow Jones Industrial Average is down roughly 52 points; the S&P 500 Index is off three points; and the NASDAQ is ahead nominally. Market breadth is slightly negative, as decliners are still outnumbering advancers on the NYSE. Most of the market sectors are trading in negative territory, with notable weakness in the utility and basic materials issues. In contrast, the financial names are bucking the downtrend.
Stocks / HighlightsDow 30 Earnings: Visa Inc. Fiscal Third Quarter 2017
Sharif Abdou | 07/21/2017
Electronic payments processor Visa delivers strong June-period top- and bottom-line results, fueled by a surge in payments volume. The shares are up modestly on the news.
Stocks / HighlightsDow 30 Earnings: General Electric Second Quarter 2017
Erik M. Manning | 07/21/2017
General Electric (GE) shares dipped this morning after the industrial conglomerate released its second-quarter financial results.
Stocks / HighlightsDow 30 Earnings: Microsoft Fourth Quarter Fiscal 2017
Charles Clark | 07/21/2017
Shares of Microsoft are little changed after the high-tech giant posts better-than-expected results for the fiscal fourth quarter (ended June 30th).
Markets / CommentariesStock Market Today: July 21, 2017
Harvey S. Katz, Robert Harrington, and Robert Mitkowski | 07/21/2017
The major averages ended the week on Friday taking a break from their recent record-setting performances. At the closing bell, the Dow Jones Industrial Average was off 32 points; the NASDAQ dropped a couple of points; and the S&P 500 pulled back ever so slightly. Market breadth was more clearly tilted to the downside, but not excessively so. Decliners outpaced advancing issues on both the New York Stock Exchange and the NASDAQ.
Stocks / HighlightsDow 30 Earnings: Travelers Cos. Second Quarter 2017
Alan House | 07/20/2017
Property/Casualty insurance behemoth Travelers Companies (TRV) has reported somewhat mixed results for the second quarter. On the bright side, net premiums earned increased 4.7% from the year-earlier period, to just over $6.35 billion. However, earnings from operations, which excludes capital gains and losses from investments, were $1.92 a share, well below the previous-year tally of $2.20 and our $2.16 estimate.
Markets / CommentariesStock Market Today: July 20, 2017
Harvey S. Katz, Robert Harrington, and Adam Rosner | 07/20/2017
The U.S. stock market delivered a somewhat directionless, and ultimately mixed, performance today. At the close of trading, the Dow Jones Industrial Average was down 29 points; the S&P 500 Index was off nominally; and the NASDAQ was higher by five points. Market breadth showed a divided session, with advancers just about even with decliners on the NYSE. Leadership was found in the healthcare and telecommunications names, which offset weakness in the industrials and basic materials issues.
Stocks / HighlightsDow 30 Earnings: American Express Second Quarter 2017
Ian Gendler | 07/19/2017
American Express posts better-than-expected second-quarter sales and earnings, but the Costco loss seems to still be in the back of investor’s minds.
Stocks / HighlightsDow 30 Earnings: International Business Machines Second Quarter 2017
Theresa Brophy | 07/19/2017
International Business Machines (IBM) reports softer-than-expected June-quarter results, sending the stock trading lower.