The Dow Jones today gained 154 points to close at a new record high. The S&P 500 Index also hit a new record. What fueled the surge? Greece and Eurozone officials reached an agreement to extend the country's bailout for another four months. Today's Scorecard: Dow: 18,140.44, +154.67, +0.86% S&P 500: 2,110.30, +12.85, +0.61% Nasdaq: […]
Stock Market Today
Good morning! Stock market futures for Friday, Feb. 20, forecasted a 26-point decrease from yesterday's close.
What to Watch Today: This morning, investors focus on Greece and the nation's ongoing pursuit of a deal to extend its debt obligations to European Union partners. Talks have already broken down twice and yesterday, Germany rejected a new plan from the Greek government, calling it a "Trojan horse."
Negotiations are expected to continue into the weekend. If the country cannot strike a deal, it may default and fall out of the Eurozone.
The Dow Jones shed 44 points Thursday. Market uncertainty remains over Greece's ability to reach a compromise over its debt. The German finance ministry rejected a Greek proposal to extend its international bailout program.
Oil prices fell again today due to oversupply concerns after data revealed another huge glut from weekly crude inventories.
Good morning! U.S. stock futures for Thursday, Feb. 19, forecasted a 20-point decrease from yesterday's close. Oil futures are down roughly 4%, and Greece-EU negotiations rage on.
On Wednesday, the Dow Jones slipped 17 points after the U.S. Federal Reserve released minutes from its January Federal Open Market Committee meeting. It seems the central bank is unlikely to raise interest rates in the near future.
Today, investors shifted focus back to Europe, and kept an eye on global crude oil prices. Greece's leftist government announced plans to submit a request to extend its loan agreement for another six months. The news raises hopes for a last-minute deal to keep the country's finances in order.
U.S. stock futures for Wednesday, Feb. 18 were down 20 points from yesterday's close as investors seek clarity on the Greek debt situation.
This morning, investors will be looking ahead to this afternoon, when the Federal Reserve will release minutes from its January meeting. The focus will center on whether the FOMC has changed any language of its policy statements to hint a sooner-than-expected interest-rate increase.
The Dow Jones today gained 28 points after reversing losses from earlier in the session, and the S&P 500 hit a new closing record high.
What turned stocks around? Growing optimism about a Greece-EU deal on news the beleaguered country will seek an extension for its debt obligations.
Dow futures today were flat this morning compared to the Dow close on Friday.
This morning the DJIA will be keeping an eye on events in Europe, as geopolitical concerns threaten a sustained rally for equities markets.
The stock market closed today, Feb. 16, as financial institutions observe Presidents’ Day – although the NYSE doesn’t call it that…
The holiday was originally established in 1885 to recognize President George Washington. It is observed Feb. 22, Washington’s actual date of birth.
The S&P 500 gained 8 points today to close at a new record high. The cause? Positive macro-economic forces spreading across Europe.
The Russia-Ukraine ceasefire, improved data on the German economy, and improving prospects for a Greek debt agreement pushed stocks higher.
Good morning! Stock market futures for Friday, Feb. 13, forecasted a 34-point increase from yesterday's close. The Dow Jones gained more than 110 points Thursday on strong earnings reports, good economic data, and renewed hopes for a deal between the EU and Greece.
Friday has already brought surprising news that the German economy expanded by 0.7% in the fourth quarter. The number shattered consensus expectations of a 0.3% increase, and helped restore some hope of the economic bloc's largest economy and the broader euro zone.