Stock Market News Today, Jan. 9, 2014: U.S. stocks are fairly flat today, with all three indexes down just a smidge, weighed after today's jobless claims report that was on par with analyst expectations.
market news today
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Stock Market Today, Jan. 6, 2014: U.S. stocks, including all three major indices, closed in the red today as growth in the service industries was weaker than expected, adding to the heavy start to 2014 trading.
U.S. services sector shrank last month, with an index of 53.0, down from 53.9 in November and below expectations for 54.8. But, in a more positive economic indicator, factory orders rose 1.8% in November from a year prior, the U.S. Commerce Department reported.
In response, the Dow Jones Industrial Average today closed down 0.27% at 16,425, while the Standard & Poor's 500 was down 0.24% at 1,827 and the Nasdaq Composite Index is off 0.36% at 4,118.
In addition to today's economics reports, retail stocks are likely also weighed by the headline-grabbing cold weather, which investors expect to hurt January's retail sales.
Stock Market News Today, Jan. 2, 2014: U.S. stocks are kicking off the New Year on a heavy note in today's trading, with the Dow shedding more than 100 points as investors absorb fairly positive reports on jobless claims and U.S. manufacturing.
Initial jobless claims fell 2,000 to 339,000 last week, which is close to analyst expectations of a small increase for that week.
Stock market news today, Dec. 19: The Dow Jones Industrial Average closed at a record high today at 16,179.08 - its 46th record high of the year.
The Dow rose just 11.11 points or 0.1%, hardly noticeable after yesterday's 292-point rally following the Fed's taper announcement. The Standard & Poor's 500 Index fell 1.05 points, or 0.1%, to 1,809.60, and the Nasdaq Composite Index slipped 11.93 points to 4,058.13.
Stock market news today, Dec. 16: U.S. stocks jumped today ahead of an announcement by the FOMC Wednesday.
Stock Market News Today, Dec. 12: U.S. stocks are weighed today after having started the day higher on upbeat retail sales data. They retreated on more concerns that the U.S. Federal Reserve will scale back its $85-billion-per-month bond-buying stimulus program.
The S&P 500 today fell 0.38%, or 6.72 points, at 1,775.50, and the Dow Jones Industrial Average lost 0.66%, or 104.03 points, at 15,739.50 points. The Nasdaq Composite Index fell 0.14%, or 5.41 points, at 3,998.40.
Stock Market News Today, Dec. 2: U.S. stocks are trading lower today despite positive momentum in online sales and positive manufacturing data.
Stock Market News Today, Nov. 27: U.S. stock futures today are headed for yet another record-breaking session as stocks are up across the board ahead of tomorrow's holiday.
Stock Market News Today, Nov. 25: Stocks are trading a bit higher this morning, with the Nasdaq topping 4,000 for the first time since 2000 and the Dow Jones Industrial Average and the S&P 500 primed for another record day.
The biggest market news today: Global leaders reached a deal with Iran regarding its nuclear program.
Stock Market News Today, Nov. 21: U.S. stocks are continuing to rally today as the 30-year fixed mortgage rate dropped to 4.22% this week from 4.35% last week, and despite the fact that data showed manufacturing activity slowed this month.
The Philadelphia Fed's manufacturing index for October was 6.5 last month, down from 19.8 in October and below economists' expectations for 14.5. That data indicates slowing, but still positive general manufacturing activity.
Stock Market News Today, Nov. 11: The stock market today is inching up today, with the Dow headed for another record close.
Meanwhile, crude oil is trading up a bit today, with light crude oil for December delivery up about 0.2% near $94.80. And gold is down a tad near $1,281 an ounce, likely still weighed by last week's stronger than expected jobs report.
Stock market news today, Nov. 4: Stocks are kicking off this Monday on a positive note. Investors will keep an eye on Friday's jobs report that could deliver clues on when the U.S. Federal Reserve will taper its bond-buying program.
In other economic indicators, factory orders for September were roughly in line with expectations.
The Standard & Poor's 500 Index is up about 0.17% at 1,764 points, and the Dow Jones Industrial Average is up 0.1% to 15,629 points. The Nasdaq Composite Index (INDEX Nasdaq: .IXIC) is up 0.2% at 3,929.
Stock market news today, Oct. 30: Stocks are fairly steady today as investors await the Federal Reserve's next decision on whether to taper its massive bond-buying program, with general expectations being that tapering will be delayed until 2014 amid the recent onslaught of more negative economic indicators.
For several months, investors have had difficulty deciphering how the Fed will pare back this stimulus program, and confusion persists today. Some say tapering may begin at the next Fed meeting in December, while others are predicting next January or March.
Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.
Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.
In the stock market today, equities are up modestly in the wake of positive data on manufacturing in China, which reached a seven-month high in October, pointing to a stronger economy there and globally.