Good morning! For Friday, May 22, Dow Jones futures forecasted a 14-point gain ahead of Federal Reserve Chair Janet Yellen's speech at 1 p.m. this afternoon. Although both the Dow Jones and the S&P are hovering near record levels, investors can expect lower volumes today as the Memorial Day holiday approaches and the quarterly earnings season ends.
Stock Market Today
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The S&P 500 hit yet another record today thanks to earnings reports and expectations that the Federal Reserve will not raise interest rates until next year. The DJIA Index ticked upward marginally.
Good morning! For Thursday, May 21, U.S. stock futures forecasted a 17-point decline from yesterday's close. This morning, U.S. jobless claims remained at a near 15-year low. Claims registered at roughly 274,000, a little higher than economist expectations of 271,000.
The DJIA Index and S&P 500 retreated from record highs during an afternoon sell-off late in the trading session. Earlier, the U.S. Federal Reserve released minutes from its April FOMC meeting, and oil prices rose on geopolitical tensions and falling inventory levels.
S&P futures for Wednesday, May 20, forecasted a slight one-point gain this morning
The is ahead of ahead of today's release of Fed meeting minutes, as the market digests U.S. dollar gains and optimistic numbers in the housing sector.
U.S. stock futures for Tuesday, May 19, forecasted a 36-point gain from yesterday's close on stronger-than-expected housing data and optimism over retailer earnings reports.
The DJIA Index and the S&P 500 both hit record highs on Monday as concerns about interest-rate hikes faded and traders overlooked weakness in the housing markets.
Stock futures today forecast a decline of 23 points from Friday's close.
The dip comes against a big week of speeches from Members of the Fed Open Market Committee and a number of earnings reports from big-box retailers, who are coming off a weak March-ending quarter due to supply chain problems and harsh winter weather.
How did the stock market do today?
Here are the final #s, stocks to watch, and all your other key investing news for May 15, 2015.
Good morning! For May 14, 2015, U.S. stock futures forecasted a 30-point increase from Thursday's close as continued weakness in the dollar squeezes out even more from the markets' bull run.
The S&P 500 soared to a new high on Thursday and the DJIA Index rose 191 points on news that weekly jobless claims remained near a 15-year-low. A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
Why the Market Is Up Today: The S&P 500 soared to a new closing high and the DJIA Index rose 191 points on news that jobless claims remained near a 15-year-low.
A falling U.S. dollar fueled optimism about the possibility of stronger international sales for domestic-based companies.
Good morning! U.S. stock futures for Thursday, May 15, forecasted a 110-point increase from Wednesday's close.
Companies reporting quarterly earnings include Teekay Corp. (NYSE: TK), Symantec Corp. (Nasdaq: SYMC), Nordstrom Inc. (NYSE: JWN), Kohl's Corp. (NYSE: KSS), El Pollo Loco Holdings Inc. (Nasdaq: LOCO), and SINA Corp. (Nasdaq: SINA). Investors will also tune into weekly jobless claims and an update on the Producer Price Index (PPI).
Dow Jones futures today (Wednesday) forecasted a 55-point increase from Tuesday's Dow close.
Pre-market movers included Shake Shack Inc. (NYSE: SHAK), American Express Co. (NYSE: AXP) and Cisco Systems Inc. (NYSE: CSCO).
DJIA futures today forecasted a 100-point decrease from Monday's Dow close.
The Dow Jones Industrial Average today slipped 15 points on renewed concerns over Greece's debt problems and a downturn in the Chinese economy. In addition, falling oil prices weighed down the energy sector. And a slew of big banks are bracing themselves for guilty pleas in regards to rigging forex markets.
U.S. stock futures for Monday, May 11, forecasted a two-point increase from Friday's close.
On Friday, The DJIA Index surged more than 260 points as a strong April jobs report suggested the U.S. economy is gaining steam. The news could press the Federal Reserve to provide a clearer timeline for when it might raise interest rates.
The DJIA Index surged 267 points Friday as a strong jobs report suggests the U.S. economy is gaining steam. The U.S. Labor Department said the economy added 228,000 jobs and the unemployment rate hit 5.4% in April.
The news could press the U.S. Federal Reserve to provide a clearer timeline for when it will raise interest rates.