top of page

Monday's Market - Stocks Consolidating & Looking To Move Higher

  • cashtonsaunders
  • Oct 21, 2014
  • 1 min read

Dow futures were under pressure in the premarket, due primarily to IBM's disappointing earnings announcement, before the bell. Even a blow out earning report by oil services giant, Haliburton (HAL), could not bring the futures back into positive territory. Asian markets closed mixed overnight. European markets traded mixed. All indexes traded down, except for the FTSE, that gained 71.16 points.

Markets opened, with the Dow down over 100 points, while the Nasdaq and S&P held on in positive territory. IBM as a dow component, weighed heavily on the index, for most of the day.

Ebola fears have subsided, somewhat, because the 21 day period, for the those folk closest to ebola victim, Mr. Duncan, ended their isolation today, without anyone becoming infected.

Today's trading session was markedly less volatile, than last week. At the close the Dow had reversed all its losses, to gain 19.26 points, the Nasdaq gained 57.63, and the S&P gained 17.25.

Tags:

 
 
 

コメント


Follow Us
  • Twitter Long Shadow
  • Google+ Long Shadow
  • Facebook Long Shadow
  • LinkedIn Long Shadow

WELLINGTON INVESTOR

bottom of page