Category: Commentary

  • Markets break losing streak. The S&P 500 moved slightly higher on Wednesday, ending a three-day losing streak. Technology (+1.1%) was the sector leader, helped by earnings news, while consumer discretionary (-1.1%) was the laggard after Disney’s earnings disappointed the market. … Continue reading →

  • Stocks edge lower on rates comment. Stocks were higher early yesterday but then started to fret following comments from Atlanta Federal Reserve Bank (Fed) President Dennis Lockhart, a known policy hawk, on the possibility of a September rate hike. Consumer … Continue reading →

  • Energy shares weigh on major indexes again. Weak manufacturing data out of China and comments from an Iranian official on their ability to ramp up production once sanctions end added to energy woes Monday, with domestic WTI crude oil falling … Continue reading →

  • Energy weighs on major indexes. A negative market response to earnings from Dow components Exxon Mobile and Chevron and a 3.4% drop in domestic WTI crude oil pulled energy to the bottom of the sector rankings Friday, dragging the major … Continue reading →

  • Market unmoved by GDP data. Major indexes finished mixed after an early sell-off Thursday following the release of Q2 2015 gross domestic product (GDP) data, which included revisions for 2012-2014 and Q1 2015. The headline number of 2.3% growth missed … Continue reading →

  • Stocks move higher as Fed stays on message. The overall market tone was supported by several small catalysts on Wednesday, helping stocks rebound for a second day: gains in China set a positive early tone while further confirmation of a … Continue reading →

  • Markets rebound with earnings, more confidence on China. U.S. markets rose Tuesday following five sessions of losses, encouraged by China’s Shanghai Composite bouncing off of early losses of over 5% (although it finished down a still significant 1.7%). Earnings strength … Continue reading →

  • Markets fall on China worries. Major U.S. and European markets closed lower on Monday, after worries about government support of the Chinese market caused an 8.5% drop in the Shanghai Composite. Utilities (+1.3%) was the only sector to post a … Continue reading →