Baird. He recently visited Baird clients in the region, and said many “are on the fence.” In corporate news, Home Depot led the Dow higher, gaining 1.9%. That advance came on the back of Tuesday’s 5.6% gain on strong second-quarter earnings and upbeat housing- market data . Its competitor Lowe’s was little changed, after reporting strong second-quarter results but lowering its sales outlook for the year.
Stocks End Mostly Higher After Fed Minutes – Yahoo Finance
ADRs are also proposed for the over-the-counter market in the U.S. BHP will spin out its aluminum and manganese businesses, but only components of others. ADR shares were down over 5% at midday. Foreign Markets European markets were higher today. In late trading, the FTSE 100 and Paris CAC were each up 0.6% while Germanys DAX was up 1.0%.
Stocks reach new highs; bonds, VIX, and volume fall – Yahoo Finance
However, members decided against an early move until there was more evidence that the labor market was much healthier or that inflation was becoming a problem. At market close the Dow was up 0.4%, the S&P 500 was 0.2% higher while the Nasdaq was flat. Management now expects to earn between $3.10 and $3.30 per share down from the previous guidance of $3.60 to $3.90 a share. The firm also posted worse than expected quarterly results on flat same-store sales. Narrow-moat PetSmart (PETM) reported soft second-quarter results, as falling transaction counts (down 2.6%) continued to drag same-store sales (down 0.5%).
US STOCKS SNAPSHOT-Wall St opens flat ahead of Jackson Hole meeting – Yahoo Finance
I asked a question to the MrTopStep trading room yesterday: what was more severe, the selloff down to 1890.25 or the rip back up to 1983? I say the rip The Dip and the Rip Just after the FOMC minutes were released, the S&P reacted to the headline that the Fed might raise rates sooner. But the reality of this is, they cant. After the headlines the S&P did what it does best; it reversed back up and made new highs for the day but stopped short of taking out the Emini contract high of 1985.25 (ESU14:CME) later topping it by 1 tick. Despite $400 million to buy on the close, the ESU14 sold off to the 1982 area.
Stocks Higher After Data, Earnings – Yahoo Finance
stocks opened little changed on Thursday as many investors held off on making bets ahead of the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming, though jobless claims data pointed to continued improvement in the labor market. The Dow Jones industrial average rose 22.67 points or 0.13 percent, my company to 17,001.8, the S&P 500 gained 1.35 points or 0.07 percent, to 1,987.86 and the Nasdaq Composite added 0.76 points or 0.02 percent, to 4,527.24. (Reporting by Ryan Vlastelica; Editing by Bernadette Baum) Stocks & Offerings