how did the stock market do today

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FOMC Meeting Minutes and Other Top Stock Market News Today

By , Executive Producer, Money Morning -

stock market news today

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.

Here's the top stock market news today, including how the stock market did, earnings reports, and stocks to watch based on today's market moves...

Dow Jones Industrial Average Today Hits New Record Close

By , Executive Producer, Money Morning -

Dow Jones Industrial Average today

The Dow Jones Industrial Average today eked out a 13-point gain to hit another closing high. The S&P 500 remained in the red, however, as energy stocks slid and retailers reported weak earnings for the March-ending quarter.

This morning, U.S. housing starts jumped to their highest levels in roughly seven and a half years, while new permits rose.

Here are the day's top stories, stocks to watch, and need-to-know financial news...

DJIA Index Hits New Record as Rate Concerns Subside

By , Executive Producer, Money Morning -

DJIA index

The DJIA Index and the S&P 500 both hit new record highs today as concerns about interest rate hikes faded and traders overlooked weakness in the housing markets.

Investors also largely ignored concerns raised over the weekend regarding Greece's ongoing debt woes and worries that the nation is on the verge of bankruptcy.

Get the day's top stories, stocks to watch, plus more investing news here...

DJIA Index Erases Early Gains, Ends Session with 7-Point Loss

By , Executive Producer, Money Morning -

DJIA Index

The DJIA Index erased early gains to end today's session down 7 points on news that retail sales slumped in April, fueling new concerns that second-quarter growth may not rebound as projected by economists.

Former Federal Reserve Chairman Alan Greenspan said markets are facing another "taper tantrum" when the central bank increases interest rates in the near future.

Here are more top stories from today, plus stocks to watch...

Why the Dow Jones Industrial Average Today Fell 36 Points

By , Executive Producer, Money Morning -

The DJIA Index pared early triple-digit losses as U.S. Treasury prices reversed course, but the index still lost 36 points on the day.

Dow Chemical Co. (NYSE: DOW) was the biggest drag on the Dow today, slipping 1.73%. Other big movers today include AOL Inc. (NYSE: AOL), Pall Corp. (NYSE: PLL), and Rackspace Hosting Inc. (NYSE: RAX).

Find out what's behind their big moves, plus get more top stories from today's trading session...