2016 Archive: The Week In Review

December 30, 2016

 The stock market spent the final session of the year in a steady retreat. The S&P 500 lost 0.5%, narrowing its 2016 gain to 9.5%. The Nasdaq (-0.9%) underperformed, trimming this year's advance to 7.5%. The bulk of the day saw below-average trading volume, but there was a surge of activity... Read More

December 23, 2016

'Twas two nights before Christmas, when all through the trading house, Not a sentient creature was stirring about, no one clicking their mouse;   A... Read More

December 19, 2016

The stock market registered a modest decline on Friday to end the week on a slightly lower note. The S&P 500 shed 0.2%, ending the week lower by 0.1%. The Dow Jones Industrial Average (-0.04%) also posted a Friday loss, but gained 0.4% for the week. Equities spent the Friday affair... Read More

December 9, 2016

The stock market wrapped up a strong week with another uptick on Friday. The S&P 500 gained 0.6%, extending its weekly advance to 3.1% while the Nasdaq Composite rose 0.5% to end the week higher by 3.6%. font color="#000000"... Read More

December 2, 2016

The stock market ended a down week on a flat note. The S&P 500 surrendered a seven-point gain to end just above its flat line. For the week, the S&P 500 lost 1.0%, the Nasdaq fell 2.7%, and the Dow ticked up 0.1%.... Read More

November 25, 2016

The stock market endured a lazy, upward drift on Friday to end the abbreviated post-holiday session on a modestly higher note. The S&P 500 added 0.4%, extending its weekly advance to 1.4%. The benchmark index will enter the final three days of the... Read More

November 18, 2016

 The stock market ended an upbeat week on a modestly lower note as the major averages consolidated after an impressive post-election run. The S&P 500 lost 0.2%, narrowing its weekly gain to 0.8%. Separately, the Russell 2000 (+0.5%) and the Nasdaq Composite (-0.2%) outperformed, rising a respective 2.6% and 1.6%... Read More

November 11, 2016

The stock market ended an extremely strong week on a fairly solid note as the post-election rally effort was maintained for the most part. The S&P 500 slipped just 0.1% while the Dow Jones Industrial Average ended with a gain of 0.2%. The two indices locked in respective weekly advances... Read More

November 4, 2016

The stock market finished a downbeat week on a flat note as the S&P 500 (-0.2%) surrendered its intraday gain to extend its losing streak to nine sessions. The benchmark index only declined 1.9% over that period, but this is the longest string of losses since December 1980. The Dow... Read More

October 28, 2016

 The stock market ended the Friday affair on a mixed note as political uncertainty ambushed participants at the end of another earnings-packed week. The Nasdaq Composite (-0.5%) extended its weekly loss to 1.3% while the S&P 500 (-0.3%; week-to-date: -0.7%) and the Dow Jones Industrial Average (-0.1%; week-to-date: +0.1%) finished... Read More

October 21, 2016

 The stock market ended an upbeat week on a flat note as the S&P 500 (UNCH) retraced most of an 11-point opening drop to finish little changed. The rebound effort featured its fair share of M&A chatter and leadership from the heavyweight consumer discretionary (+0.8%) and technology (+0.6%) sectors.... Read More

October 7, 2016

The stock market finished a range bound week on a relatively flat note as investors pored over the Employment Situation Report for September. Interest rate volatility remained at the forefront as participants assessed an evolving fed funds rate hike picture and further Brexit... Read More

September 30, 2016

The stock market ended a bumpy week on a higher note with all three major averages climbing near 0.8%. The S&P 500 (+0.8%) rallied into the late afternoon, but selling during the final minutes of the session drove the index just below its... Read More

September 23, 2016

The stock market ended an upbeat week on a lower note as the major averages pulled back from their recent risk rally. Other factors impacting today's trade included a downturn in crude oil futures and the underperformance of the heavyweight industrial (-0.6%), financial (-0.7%), and technology (-1.0%) sectors. The Dow Jones... Read More

September 16, 2016

The stock market ended a volatile week on a lower note as participants responded to a downturn in European banking names and a hotter-than-expected reading of the Consumer Price Index (CPI) for August. The Dow Jones Industrial Average (-0.5%) settled behind the... Read More

September 9, 2016

The stock market ended an otherwise flat week on a sharply lower note as increasing interest rates spurred selling interest in the broader market. The Nasdaq Composite (-2.5%) settled in-line with the S&P 500 (-2.5%) and behind the Dow Jones Industrial Average (-2.1%).... Read More

September 6, 2016

 The stock market ended the week on a modestly higher note as an inconclusive reading of the Employment Situation Report for August left fed funds rate hike expectations up in the air. The S&P 500 (+0.4%) finished in-line with the Nasdaq Composite (+0.4%) and the Dow Jones Industrial Average (+0.4%).... Read More

August 26, 2016

The stock market ended a downbeat week on a flat note as commentary from the Jackson Hole Symposium boosted U.S. rate hike expectations and weighed on the major averages. The Dow Jones Industrial Average (-0.3%) settled behind the S&P 500 (-0.2%) and the... Read More

August 12, 2016

The stock market ended a flat week on a similar note as disappointing readings of July retail sales (0.0%; Briefing.com consensus +0.4%) and July PPI (-0.4%; Briefing.com consensus 0.0%) stalled the major averages in record territory. The S&P 500 (-0.1%; week-to-date: +0.1%)... Read More

August 5, 2016

The stock market ended the week on a higher note as a positive reading of the Employment Situation Report for July helped the Nasdaq Composite (+1.1%) and the S&P 500 (+0.9%) notch new all-time closing highs. The upbeat employment report elicited buying interest... Read More

July 29, 2016

The stock market ended a bouncy week on a flat note as the S&P 500 (+0.2%) clawed back to little changed for the week (-0.1%). The Nasdaq Composite (+0.1%) also settled just above its flat line, but gained 1.2% for the week.... Read More

July 22, 2016

The stock market ended an upbeat week on a higher note as the major averages soared to new all-time highs. The broader market maintained its bullish posture as investors examined a hodgepodge of quarterly earnings reports. Other focal points impacting today's trade included strengthening in the dollar, weakness from the... Read More

July 15, 2016

The stock market ended an upbeat week on a flat note as the major averages consolidated after their recent rally to new all-time highs. The risk rally paused as investors ruminated over a positive reading of the June Retail Sales Report (+0.6%; Briefing.com... Read More

July 8, 2016

 The stock market ended an abbreviated week on a higher note as a positive reading of the Employment Situation Report for June brought the S&P 500 (+1.5%) within 0.1% of its all-time intraday high (2134.72). The upbeat June employment report sparked a risk rally, indicating a rebound in the labor... Read More

July 1, 2016

The stock market ended an upbeat week on a modestly higher note, extending its post-Brexit rally to a fourth straight session. Today's leg of the rebound was relatively restrained, owed partly to a 3.1% rally in the past three sessions. Other contributing factors... Read More

June 24, 2016

The major averages ended a tumultuous session on a sharply lower note, selling off after the United Kingdom surprised markets by voting to leave the European Union. The move had widespread implications throughout capital markets as the S&P 500 (-3.4%) tumbled 75 points,... Read More

June 17, 2016

The stock market ended a volatile week on a modestly lower note as investors eyed a downturn in the heavily-weighted health care (-1.1%) and technology (-0.9%) sectors. As a result, the tech-heavy Nasdaq (-0.9%) finished behind the S&P 500 (-0.3%). For the week,... Read More

June 10, 2016

The stock market ended a mixed week on a lower note as investors eyed a rally in global sovereign bonds and a downturn in equity markets. Other focal points for today's action included a leg lower in oil, strengthening in the dollar, and... Read More

June 5, 2016

The stock market ended a flat week on a similar note as investors digested a below-consensus reading of the Employment Situation Report for May. The S&P 500 lost 0.3%, ending its week unchanged. Today's trade included weakening in the dollar, a downswing in oil, a rally in the Treasury complex,... Read More

May 27, 2016

The stock market ended the week on a higher note as the S&P 500 (+0.4%) navigated a ten-point range. Focal points for today's trade included commentary from Fed Chair Janet Yellen and key sector leadership from the heavily-weighted financial (+0.7%), technology (+0.6%), health... Read More

May 20, 2016

The stock market ended a flat week on a higher note as the S&P 500 (+0.6%; week-to-date +0.3%) broke a three-week losing streak. Today's action featured a rebound in global equity markets, a modest gain in the dollar, and the outperformance of the... Read More

May 13, 2016

The stock market ended a downbeat week on a lower note as equities pulled back following continued weakness from the retail sub-group. Additional focal points included the S&P 500 (-0.9%) breaching technical support at its 50-day simple moving average (2054.74), mounting selling pressure... Read More

May 6, 2016

[BRIEFING.COM] The stock market ended a downbeat week on a higher note as investors digested a below-consensus reading of the Employment Situation Report. The S&P 500 gained 0.3%, trimming its weekly loss to 0.4%. Additional factors that impacted today's trade included a rebound in oil, an upswing in the... Read More

April 29, 2016

 The stock market ended a downbeat week on a lower note as the major averages surrendered to month-end selling pressure. Today's trade featured a slew of economic data, a downturn in oil, continued strength in the yen, and the underperformance of the heavily-weighted health care (-1.5%), technology (-0.9%), and financial... Read More

April 22, 2016

The stock market ended a mixed week on a wobbly note as disappointing earnings results from the likes of Alphabet (GOOG 718.77, -40.37) and Microsoft (MSFT 51.78, -4.00) weighed on the technology (-1.9%) sector. The major averages ended off their lows... Read More

April 15, 2016

The major averages ended an upbeat week on a lower note as a week-long rally in the heavily-weighted financial sector (-0.3%) came to an end. Other focal points for today's trade included some below-consensus domestic economic data, a slide in crude oil, and the underperformance of the heavily-weighted technology (-0.5%)... Read More

April 8, 2016

 The stock market ended a bumpy week on a flat note as the major averages spent the day in a steady retreat off their morning highs. Today's trade also featured a rally in crude oil, continued strength from the yen, and the underperformance of the heavily-weighted health care (-0.4%) and... Read More

April 1, 2016

The stock market ended an upbeat week on a higher note as investors focused on the largely in-line reading of the March jobs report. Additional factors that impacted today's trade included a downturn in oil, a transitory rebound in the dollar, and leadership... Read More

March 24, 2016

The stock market ended an abbreviated week with a rally off its opening lows. Thanks to the final-hour push, the market ended the day on a mixed note as the S&P 500 (UNCH) recovered all but one point from its opening decline while the Nasdaq Composite (+0.1%) ended slightly... Read More

March 18, 2016

The stock market ended an upbeat week on a positive note as the S&P 500 (+0.4%) extended its win streak to five weeks and also managed to enter positive territory on a year-to-date basis (year-to-date +0.3%). Contributing factors to today's trade included leadership... Read More

March 11, 2016

 The stock market ended an upbeat week on a higher note as investors backpedaled from yesterday's initial response to the European Central Bank's latest policy statement and remarks from ECB President Draghi. Meanwhile, supportive conditions from the oil patch and leadership from the heavyweight financial (+2.7%) sector expanded the... Read More

March 4, 2016

The stock market ended an upbeat week on a wobbly note. The S&P 500 added 0.3% after being up 0.8% going into the late afternoon. Despite the late slip from session highs, the benchmark index still registered its third consecutive weekly advance, climbing... Read More

February 26, 2016

The stock market ended an upbeat week with a hiccup as the implications of a hotter than expected core PCE reading (0.3%; Briefing.com consensus of 0.1%) augmented concerns regarding a sooner than expected Fed rate hike. Today's trade saw a continuation of... Read More

February 19, 2016

The major averages ended an up week on a mixed note as investors deliberated the effect of hotter than expected CPI data on future fed funds rate hikes. Meanwhile, a fresh dose of weakness from the oil patch and some disappointing earnings... Read More

February 12, 2016

The stock market ended its week in upbeat fashion, with the major indices recouping large portions of their weekly losses. As a result, the Dow Jones Industrial Average cut its loss to 231 points (-1.4%) from last Friday's close while the S&P surrendered... Read More

February 5, 2016

The major averages ended the final session of the week under heavy selling pressure as the health of the U.S. economy and its ability to sustain further fed funds rate hikes remained in focus following the release of the January Employment Situation Report. The report contained diverging metrics that showed... Read More

January 29, 2016

The major indices ended the last trading session of a miserable January on a sharply higher note. Today's rally followed the Bank of Japan's vote to adopt a negative interest rate policy while oil added to its recent advance. The Dow Jones Industrial... Read More

January 22, 2016

The stock market ended a volatile week on a sharply higher note thanks to a broad-based rally. The tech-heavy Nasdaq (+2.7%) outperformed both the S&P 500 (+2.0%) and the Dow Jones Industrial Average (+1.3%). The Friday spike was fueled by factors like: A rebound from near-term oversold conditions Speculation regarding additional monetary... Read More

January 15, 2016

The stock market ended its final session of the week on a sharply lower note, with the S&P 500 (-2.2%) registering a new 52-week low (1857.83) before the benchmark ticked off this low. Heavy selling in the oil market and below consensus economic data prompted today's selloff, but both of... Read More

January 8, 2016

The major indices ended their day under heavy selling pressure as the market was rebuffed on its muted rebound effort. Sliding oil prices, global growth concerns, and the future path of the federal funds rate remained in focus as investors appeared less than... Read More