Stock Market

Stock Market Closed Today for Washington’s Birthday – Not “Presidents’ Day”

stock market closed today

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.

Here’s how it came to be known as Presidents’ Day – and why the NYSE uses a different name…

In This Market, Don't Drink the Kool-Aid

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Stocks hit new records last week as central banks around the world continued writing checks to prop up still struggling economies, the price of oil stabilized, Vladimir Putin lured the West into a phony truce in the Ukraine, and Athens and the EU tried to pretend that Greece isn't hopelessly insolvent or that it even matters if it is or isn't.

In other words, investors were once again all too willing to ignore economic reality and drink the Kool Aid being served by central bankers and politicians.

We might as well call this the "Jonestown Market" because the cult leader Jim Jones could just as easily be handing out paper cups filled with colored water and investors would be swilling it down...

Stock Market Today Moving on Keystone XL and Greece Bailout News

stock market today

Good Morning! Futures for the stock market today (Tuesday) forecast a 91-point increase for the Dow from yesterday's close.

What to Watch Today: Investors will keep their eyes on numerous earnings reports, and the continued drama in Greece. Yesterday, Greece's Prime Minister Alexis Tsipras said his nation will not consider any extension of its bailout terms.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Tuesday:

Stock Market Futures Down Today on Greek Credit Downgrade

stock market futures

Good Morning! Stock market futures today (Monday) forecast an 85-point decline for the Dow from Friday's close.

What to Watch Today: With a light economic calendar today, investors will focus on the worrisome game of chicken transpiring in Europe.

With Greece facing a downgrade late on Friday afternoon, the ripples - which our Chief Investment Strategist Keith Fitz-Gerald explained last week - may not be done for the U.S. market just yet.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Monday:

Stock Market Today Will Move on This Good-but-Bad Jobs News

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Stock market today, February 6, 2015: U.S. stock futures for Friday, Feb. 6, showed a 7-point increase from yesterday's close. The Dow Jones added 212 points Thursday on rising oil prices and news that Pfizer Inc. (NYSE: PFE) will purchase Hospira Inc. (NYSE: HSP) for $17 billion, or $90 per share.

This morning, investors will look past gloomy European economic data and focus on earnings reports and the U.S. jobs report.

The good news: at 8:30 a.m., the Bureau of Labor Statistics announced the U.S. created approximately 257,000 jobs, handily topping consensus expectations of 234,000. The bad news: the unemployment rate in January unexpectedly climbed from 5.6% to 5.7%.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Friday...

Stock Market Today: Data Breach Hits Second-Largest U.S. Health Insurer

Stock market today

Stock market today, February 5, 2015: Stock market futures for Thursday, Feb. 5, showed a 77-point increase from yesterday's close. On Wednesday, the Dow Jones erased a 100-point gain to end the day just 6 points higher than where it started. Investors turned cautious as oil prices fell once again.

The stock market today opens with news that hackers struck Anthem Inc (Nasdaq: ANTM) - the second-largest health insurer in the U.S.

Today's biggest news will come from Europe. The European Central Bank abruptly canceled an agreement that would exchange Greek bonds for new funding. This will require the Greek Central Bank to pump money into its banking system with emergency liquidity over the next two months.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Thursday...

Stock Market Futures Up Today as Crude Oil Prices Climb

stock market futures

Good Morning! Stock market futures today (Tuesday) forecast a 43-point increase for the Dow from yesterday's close.

The Dow Jones jumped 196 points Monday in a volatile trading session. Why the rise? Oil prices surged again after a massive strike at U.S. refineries created supply concerns and speculation continued over production cuts from domestic oil firms.

What to Watch Today: This morning, optimism for a debt deal between Greece's new left-wing leadership and the European Union boosted the markets.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Tuesday:

Stock Market Today Moving on XOM, AAPL, and SHAK News

stock market today

Good Morning!Futures for the stock market today (Monday) forecasted a 31-point increase for the Dow from Friday's close ahead of the last busy week of the earnings season.

What to Watch Today: Investors will react to Exxon Mobil Corp. (NYSE: XOM) earnings and figures on consumer spending. Last quarter, consumer spending hit its largest decline since December 2009.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Monday:

Stock Market Futures Forecast 147-Point Decline, Shake Shack Makes NYSE Debut

Stock market futures

Good morning! Stock market futures for Friday, Jan. 30, forecasted a 147-point decline from yesterday's close. The Dow Jones gained 225 points on Thursday on strong earnings reports from a number of Blue Chip companies and an upswing in oil prices.

Today, markets will focus the fourth-quarter GDP estimate - the broadest measure of aggregate economic activity that covers every sector of the economy. Analysts anticipate growth of roughly 3.1%. That's a decrease from 5% in the third quarter of 2014.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Friday...

Earnings Bonanza in the Stock Market Today: GOOG, AMZN, BABA

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Stock market today, January 29, 2015: U.S. stock futures for Thursday, Jan. 29, forecasted a 33-point gain from yesterday's close. The Dow Jones shed 195 points on Wednesday following a U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.

Today, investors will focus on a busy day of earnings reports that includes quarterly updates from Google Inc. (Nasdaq: GOOG, GOOGL), Amazon.com Inc. (Nasdaq: AMZN), and Alibaba Group Holding Ltd (NYSE: BABA). Additionally stay tuned for earnings reports from these notables: Visa Inc. (NYSE: V), Viacom Inc. (Nasdaq: VIAB), Valero Energy Corp. (NYSE: VLO), Time Warner Cable Inc. (NYSE: TWC), Colgate-Palmolive Co. (NYSE: CL), ConocoPhillips (NYSE: COP), and Abbott Laboratories (NYSE: ABT).

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Thursday...

Dow Jones Today Falls 195 Points After Fed Statement

Dow Jones today

The Dow Jones today shed 195 points. The cause? A U.S. Federal Reserve statement about interest rates issued at the conclusion of the FOMC meeting.

The energy sector also dragged down the markets today. Both Barclays Plc. and Goldman Sachs Group Inc.issued negative research notes on the price of oil.

Here are the other top market stories - plus today's new profit tip for investors...

Stock Market Futures Up Ahead of FOMC Meeting and FB Earnings

Stock market futures

Stock market futures for Wednesday, Jan. 28, forecasted a 22-point gain from yesterday's close.

Today, investors are awaiting word from the Fed Open Market Committee. The markets will be paying attention to how the central bank is planning to address interest rates in the coming months.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Wednesday:

Stock Market Futures Eyeing Earnings from AAPL, CAT, and YHOO

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Stock market futures today (Tuesday)forecasted a 291-point decrease from yesterday's close on lackluster earnings reports from several major companies.

Today, investors are all about earnings reports, including the highly anticipated quarterly update from Apple Inc. (Nasdaq: AAPL). Investors can also expect quarterly earnings reports from American Airlines Group Inc. (NYSE: AAL), Amgen Inc. (Nasdaq: AMGN), AT&T Inc. (NYSE: T), Caterpillar Inc. (NYSE: CAT), Pfizer Inc. (NYSE: PFE), Yahoo! Inc. (Nasdaq: YHOO).

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Tuesday...

Greek Election and These Top Stories Send U.S. Stock Market Lower Today

Greek Election

Good Morning! Following the Greek election yesterday, the U.S. stock market opened down today (Monday) from Friday's close.

What to Watch Today: Keep a keen eye on Greece. Over the weekend, Greek voters gave power to its far-left, anti-austerity party Syriza. The party, which received 36% of the vote, has promised to renegotiate terms of the nation's harsh bailout terms. Leaders across Europe have shared their concerns about the state of Greece's economy and how its new leadership is expected to affect the wider Eurozone.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Monday:

SBUX, DWA Big Movers in the Stock Market Today

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Stock market today, January 23, 2015: Stock market futures for Friday, Jan. 23, forecasted a 46-point decline from yesterday's close.

The S&P 500 and Dow Jones Industrial Average (DJIA) soared Thursday on news the European Central Bank (ECB) has launched a massive QE bond-purchasing program. The U.S. dollar hit an 11-year high against the euro on the news.

Today, investors will continue to celebrate the stimulus plans of the ECB. They'll watch for earnings reports from a number of high-profile American companies.

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Friday...

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