Stock market advancers and decliners

Author: Surok97 Date: 10.07.2017

Market Strength: Advancers to Decliners

After The Close - Equities pressed ahead this morning, weakened in the early afternoon, before rebounding sharply late in the session, and subsequently wilting again near the close. Market breadth was slightly favorable, with advancers just ahead of decliners on the NYSE.

The major market sectors were mixed. There was some weakness in the industrials and in the basic materials issues. In contrast, the utilities managed to advance, as these defensive high-yielding issues tend to do well when market conditions become uncertain. Traders received just one notable economic release this morning. Specifically, durable goods orders rose 1. However, as mentioned, Wall Street has turned its attention to the political scene, as the Trump Administration works to pass its American Health Care Act, and replace the plan put in place by the Democrats.

These developments are quite important, given the large role that the healthcare sector plays in the broader economy. On a related note, the President did sign off on a bill to commence construction of a major energy pipeline today. Meanwhile, a number of corporations weighed in with their financial results over the past 24 hours. Specifically, shares of Micron MU moved up after the semiconductor giant posted strong results and provided upbeat guidance.

However, shares of retailer GameStop GME sank on concerns about the business outlook. Technically, stocks have been somewhat sluggish for the past couple of weeks.

It should be noted that Wall Street may now be looking for some concrete progress from Washington, which has embraced a pro-business agenda. Further, it should be noted that stocks are now trading at elevated multiples, in our view, which leaves little room for disappointments or confusion.

The major indexes shed about a percentage point each in the prior four sessions, making for their worst showing so far this year, with the Dow Jones Industrial Average notably extending its losing streak to six days.

PHM : Summary for PulteGroup, Inc. Common Stock - Yahoo Finance

Stocks looked to be breaking out of their slump yesterday morning, but all their gains were erased after the scheduled vote on health care legislation was put off until today. Orders were up 1. However, all eyes are once again turned to Washington, as Congress heads for the late-afternoon vote on replacing the Affordable Care Act. Market participants appeared encouraged by President Trump declaration that if the healthcare bill falters today, he would leave the current health law in place and move on to tax reform.

Nine of the 10 main market sectors were in the green, led by technology issues, with a gain of nearly three-quarters of a percentage point for the morning session. Accordingly, the tech-heavy NASDAQ was faring the best of the lot, with a gain of 38 points, or a little over half a percent.

stock market advancers and decliners

Trading in the European forex review swiss was a bit more mixed. The bears maintained a firmer hold in France, however, as the Stock market advancers and decliners held modestly in the red. At the time of this article's writing, the author did not have positions stock market game new deluxe edition any of the companies mentioned.

Before The Bell - Following mostly higher, england stock market wiki muted, sessions earlier in the day in Asia and Europe, and digg audio money maker construction loop higher moves by U.

Not surprisingly, the sellers could not establish much momentum, and after the first few minutes of selling, the markets steadied at just slightly lower levels. As was the case on Tuesday and Wednesday, the focus was on Washington, as Congressional Republicans seemed to ready themselves for a vote on replacement of the Affordable Care Act.

Then, we saw some surprisingly strong data stock market advancers and decliners new home sales, with that metric coming in at an annual rate ofhomes in February, up from a forecast level ofproperties. That also was above the January sales tally ofhomes. This gain more than offset a drop in sales of existing homes.

That report was released by the National Association of Realtors on Wednesday. That good news, can you earn money while on cpp disability, the market stayed stuck in neutral for the time being, with the smaller-cap indexes moving higher, while the large-cap composites remained mixed, with the Dow up and the NASDAQ down.

Aside from the key averages, though, the market had a mixed tone, with a few more of the leading equity groups losing than gaining ground. More encouraging was the fact that almost twice as many stocks were higher as lower at the time.

That often portends a better market as the day winds down--and yesterday appeared for most of the session to be no exception.

stock market advancers and decliners

Indeed, this underlying strength was coming to the fore as the lunch hour neared in New York, with the Dow going nicely positive, while the NASDAQ's loss had dissipated.

But the small- and mid-cap areas were where the action was, with proportionately stronger gains, perhaps on speculation that the new health care package would pass the House on a scheduled vote later yesterday. The averages then strengthened further into the early afternoon, as the Dow's increase neared points.

But progress was hard to make after that early afternoon spurt, and with uncertainty the rule in Washington regarding health care legislation, the market would go range bound for much of the afternoon. It seems as if the White House was still seeking a deal, while conservatives and moderates on the House Republican side were still balking for different reasons.

The market then weakened over the final part of the afternoon, as the early strength gave way to new doubts about the health law revision's passage. Then came news that the scheduled vote on health care legislation had been put off until today. It was the sixth straight decline for the Dow. Now, of course, the focus will remain on Washington, so the ebb and flow of news from that quarter could elevate the level of volatility in the market.

How the intended replacement vote on the Affordable Care Act progresses may tell much about where we are headed on Wall Street in the near term. For now, choppiness and volatility would seem likely to continue today. Now, a new day dawns, and as we look overseas for direction, we see that stocks in Asia were higher overnight, while on the Continent, the European bourses are posting small losses thus far.

Our futures, meantime, are headed slightly higher, along with Treasury yields. As noted above, the vote out of Congress later today will be the main driver as to how the stock market concludes this currently much lower week for equities. The day-long selloff can be mostly attributed to weakness in the energy sectorwhere cautious optimism that OPEC and other producers would inject some normalcy into the market has all but faded.

Disappointing metrics on retail, industrial production, housing starts and others have added credence to the growing consensus that 2.

advances/declines to see reversal in stock market nse /bse intra daytrading

All but one of the ten major market sectors closed in the red today, while the NASDAQ registered the widest loss, 51 points 0. Dashboard Browse Research Markets Find Ideas Investment Education Subscribe Institutional.

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WMT Stock Price - Wal-Mart Stores Inc. Stock Quote (U.S.: NYSE) - MarketWatch

Katz, Mario Ferro, and Adam Rosner March 24, June 21, Right around the noon hour on the East Coastthe major stock averages are diverging as a point rise on the NASDAQ contrasts with a point pullback on the Dow Jones Industrial Average.

Market breadth confirms the trends on the major indexes, with advancing issues ahead of decliners on the NASDAQ, but the opposite holding true on the Big Board.

Both indexes closed at new all-time highs. However, the NASDAQ was the winner of the dayas tech stocks regained more of the ground they lost over the last couple of weeks. Up by 87 points, the composite came out ahead by 1.

The equity market moved lower this morning, but improved somewhat as the day progressed. Market breadth showed a mixed session, with winners about even with losers on the NYSE.

The major equity groups were divided. The energy stocks and utilities logged solid gains, while the consumer names retreated.

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