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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.

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Stocks / Highlights
Dow 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.

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Stocks / Highlights
Dow 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.

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Stocks / Highlights
Dow 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).

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Markets / Commentaries
Stock 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.

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Stocks / Highlights
Dow 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.

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Markets / Commentaries
Stock 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.

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Stocks / Highlights
Dow 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.

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Stocks / Highlights
Dow 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.

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