Stock Market Today, Jan. 22: U.S. stocks today are mixed and trading in a fairly narrow range as corporate earnings season continues - with lackluster results. Investors are cautious ahead of economic data tomorrow that includes jobless claims and existing home sales reports.
stock news today
- Stock Market Today: Dow Jones Industrial Average Weighed by Weak Earnings
- Sysco (Nasdaq: SYY) Buys U.S. Foods, Owns 25% of $235 Billion Market
- Stock Market News Today: Iran Reaches Nuclear Deal, Wal-Mart Names New CEO
- Stock Market News Today: What Week 2 of a Government Shutdown Looks Like
- Stock Market News Today
Sysco definitely needed some kind of a jolt. Earnings this year were disappointing, with net profit down 12% from the previous year. Numbers like that put a drag on the stock, which was up only 8% in an otherwise booming market. But news that Sysco is buying U.S. Foods sent the stock soaring as much as 25%.
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.
Investors are increasingly concerned that the conflict will not be resolved soon and fear the political stalemate will extend to the debt ceiling issue.
Without a debt ceiling resolution by Oct. 17, the United States would be in default, which would have a more damaging effect on the economy than this shutdown.
A few major mergers and acquisition deals are claiming headlines in stock market news today.
Last month, stocks suffered their biggest monthly decline in a year. But today stocks are kicking off September on a positive note after a three-day weekend. Stocks are rebounding from last week's selloff, stemming from fears of a U.S. strike against Syria.