Stocks Close Mixed Following Choppy Trading Day

(RTTNews) - Stocks showed a lack of direction over the course of the trading day on Thursday, as seemed reluctant to make any significant moves. The choppy trading came after the markets saw considerable volatility over the course of the two previous sessions.

The major averages bounced back and forth across the unchanged line, eventually ending the session mixed. While the Nasdaq fell 10.74 points or 0.4 percent to 2,839.38, the Dow rose 33.60 points or 0.3 percent to 12,529.75 and the S&P 500 edged up 1.82 points or 0.1 percent to 1,320.68. Continue reading "Stocks Close Mixed Following Choppy Trading Day"

Daily Update: Stocks are showing a lack of direction

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 24th of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
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Stocks on the move: LUV ( Southwest Airlines ) and KO ( Coca-Cola )

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Update: Stocks are showing a lack of direction"

Stocks Turning In A Lackluster Performance

(RTTNews) - Stocks have shown a lack of direction over the course of morning trading on Thursday after ending the previous session mixed following an afternoon recovery. The major averages have been bouncing back and forth across the unchanged line.

The choppy trading on Wall Street reflects uncertainty about the near-term outlook for the markets following the sharp pullback seen earlier this month. Continue reading "Stocks Turning In A Lackluster Performance"

US durable goods orders up 0.2 percent in April

By MARTIN CRUTSINGER
AP Economics Writer

(AP:WASHINGTON) Orders for long-lasting factory goods edged up slightly in April but a key category that tracks business investment spending fell for a second straight month.

Orders for durable goods increased a slight 0.2 percent last month after a 3.7 percent decline in March, the Commerce Department said Thursday. Continue reading "US durable goods orders up 0.2 percent in April"

Stocks Stage Significant Recovery

(RTTNews) - After showing a notable move to the downside in morning trading on Wednesday, stocks staged a significant recovery over the course of the afternoon. The volatility came as traders kept a close eye on developments in Europe.

The major averages eventually ended the session mixed, with the Dow stuck just below the unchanged line. While the Dow edged down 6.66 points or 0.1 percent to 12,496.15, the Nasdaq rose 11.04 points or 0.4 percent to 2,850.12 and the S&P 500 crept up 2.23 points or 0.2 percent to 1,318.86. Continue reading "Stocks Stage Significant Recovery"