Market Overview


US equities closed sharply lower Tuesday as 10-year Treasury yield hit 3%. The S&P 500 lost 1.3% to 2634.56 led by industrial and technology shares. Eight of 11 main sectors ended lower. Dow Jones industrial average slumped 1.7% to 24024.13, posting the fifth straight decline. The Nasdaq composite index dropped 1.7% to 7007.35. The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, lost 0.2% to 90.755. Stock indices futures indicate mixed openings today.

US equities ended marginally higher Monday while Dow and Nasdaq slipped. The S&P 500 gained 0.01% to 2670.29, with six of its 11 main sectors finishing higher. The Dow Jones industrial slipped less than 0.1% to 24448.69. The Nasdaq composite index fell 0.3% to 7128.60. The dollar strengthened to three month high: live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.6% to 89.895. Stock indices futures indicate mixed openings today.

US stock indices extended losses Friday despite better than expected first quarter earnings. S&P 500 lost 0.9% to 2670.14 with ten of the 11 main sectors ending lower. SP 500 gained 0.4% for the week though. Dow Jones industrial average dropped 0.8% to 24462.94. The Nasdaq composite fell 1.3% to 7146.13. The dollar accelerated strengthening as 10-year Treasury note yield hit the highest since January 2014: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, gained 0.5% to 90.31. Stock indices futures point to mixed openings today.

US stocks closed lower on Thursday on mixed corporate reports. Dow Jones industrial average lost 0.3% to 24664.89, falling back into negative territory for 2018. The S&P 500 fell 0.6% to 2693.13 with nine of the 11 main sectors ending lower. The Nasdaq composite dropped 0.8% to 7238.06. The dollar strengthened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.3% to 89.85. Stock indices futures indicate lower openings today.

US stock indices ended slightly higher on Wednesday led by rising energy shares. The S&P 500 edged up 0.1% to 2708.64. The Dow Jones industrial lost 0.2% to 24748.07 weighed by 7.5% fall in IBM. Nasdaq composite index rose 0.2% to 7295.24.The dollar strengthening continued: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, added 0.1% to 89.58. Stock indices futures point to lower openings today.

US stock indices closed solidly higher Tuesday on positive earnings reports. The S&P 500 climbed 1.1% to 2706.39 led by technology and consumer discretionary shares. All 11 main sectors ended higher. Dow Jones industrial average gained 0.9% to 24786.63, turning positive for the year. The Nasdaq composite index outperformed rising 1.7% to 7281.10. The dollar strengthened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.1% to 89.45. Stock indices futures indicate higher openings today.

US equities ended higher Monday as positive earnings reports buoyed market sentiment. The S&P 500 gained 1% to 2682, turning positive for the year. The Dow Jones industrial rose 1% to 24603. The Nasdaq composite index added 0.8% to 7166. The dollar weakening accelerated: live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, fell 0.4% to 89.40. Stock indices futures point to higher openings today.

US stocks closed lower Friday despite better than expected first-quarter earnings. S&P 500 lost 0.3% to 2656.30 led by financial stocks. SP 500 gained 2% for the week. Dow Jones industrial average fell 0.5% to 24360.14. The Nasdaq composite dropped 0.5% to 7106.65. The dollar turned lower Friday: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, inched down less than 0.1% to 89.732. Stock indices futures indicate higher openings today.

US stock indices ended higher on Thursday as Syria tensions eased after President Trump tweeted that a missile strike was not imminent. Dow Jones industrial average rose 1.2% to 24483.05. The S&P 500 added 0.8% to 2663.99 led by financial stocks up 1.8%. The Nasdaq composite gained 1% to 7140.25. The dollar strengthened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, rose 0.3% to 89.745. Stock indices futures indicate mixed openings today.

US stocks pulled back on Wednesday on rising geopolitical tensions after president Trump’s tweet indicating he was preparing a missile strike in Syria. The S&P 500 slid 0.6% to 2642.19 with nine of 11 main sectors ending lower. The Dow Jones industrial fell 0.9% to 24189.45. Nasdaq composite index lost 0.4% to 7069.03.The dollar weakened: the live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, slipped 0.1% to 89.498. Stock indices futures indicate mixed openings today.