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Top Stock Market News Today: Tesla Puts Up a Fight

By , Behavioral Trading Specialist, Money Morning -

biggest stock market news today

Top stock market news today, April 3, 2014: The Dow Jones Industrial Average was up 40.39 points yesterday to finish at 16,573.00. The Nasdaq increased 8.42 points, finishing at 4,276.46, while the S&P 500 climbed 5.38 points to finish at 1,890.90. The S&P 500 touched another record yesterday on positive economic data. February factory orders increased, while private-sector hiring in March increased to its fastest rate in three months.

Stock futures were up this morning, following news that China will likely increase stimulus efforts in the coming months in order to support its 7.5% targeted growth rate.

Here are the 5 biggest stories in the top stock market news today...

The Biggest Stock Market News Today, March 27, 2014

By , Behavioral Trading Specialist, Money Morning -

Biggest Stock market news today, March 27, 2014: The Dow Jones Industrial Average dropped 98.89 points to finish at 16,268.99 on Wednesday. The Nasdaq fell 60.69 points close at 4,173.58, while the S&P 500 slipped 13.06 points to settle at 1,852.56.

On Thursday, investors will be looking to GDP revisions and for any good news in the housing market. A gain in pending home sales would be surprising, and would increase the summer outlook for home sales.

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King Digital (NYSE: KING) Stock Gets Crushed in Its Wall Street Debut

By , Associate Editor, Money Morning • @TaraKateClarke -

King Digital Entertainment PLC (NYSE: KING) stock fell 15.6% Wednesday, its first trading day, in the worst initial public offering (IPO) debut of the year.

On Tuesday evening, Dublin, Ireland-based King Digital priced its IPO at $22.50, valuing the company at around $7.1 billion and making it the largest U.S. IPO from the mobile gaming industry in history.

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Today's Pre-Market Trading Report

By , Behavioral Trading Specialist, Money Morning -

Pre-market trading report, March 26, 2014: The Dow Jones Industrial Average rose 91.19 points to finish at 16,367.88 on Tuesday. The Nasdaq increased 7.88 points to finish at 4,234.27, while the S&P 500 hit an intraday all-time high before falling to close at 1,865.62. Global stocks are up on positive U.S. economic data and an improved outlook on Ukraine.

Today's durable goods report is the most important data input of the week. A second solid gain would increase the outlook for the manufacturing sector. Meanwhile, Asian shares struck a two-week high this morning as investors saw good news on improved economic data and expectations that China will ramp up stimulus spending to keep its economy running above 7.5% growth.

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UPDATE: The King IPO Price Is Another Bad Signal for Investors

By , Associate Editor, Money Morning • @TaraKateClarke -

The King IPO price will be released sometime today (Tuesday), and will likely be at the top of the price range. That means the Candy Crush-maker's IPO could be valued as high as $7.6 billion - about 2.9 times more than King's projected sales this year, according to a revenue estimate by Sterne Agee & Leach Inc.

If that statistic alone isn't enough to scare off investors, we've got three more...

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