GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Popping bottles. Stocks propelled to new all time highs yesterday riding a positive wave of earnings. The S&P landed back on top with a record high close as earnings exceeded a low bar for expectations.

Crude behavior. Stocks closed mixed yesterday as traders awaited the earnings onslaught over the next two weeks. A jump in crude oil prices gave investors a reason to drive up energy shares and question treasury yields.

Nowhere to go but up? Equities continued their upward momentum on Friday, spurred by some good earnings and some surprisingly good economic figures. Stocks bounced around during the session, the last trading day of an abridged low volume week, but fundamentals won the day resulting in a positive...

One inch at a time. Stocks advanced slightly yesterday without any real stimulus as earnings roll in and beat low expectations. With earnings season in full swing, traders are unsure about how to deal with earnings buying some beats but selling others.

Going nowhere fast. In another low volume day, the market appeared lethargic as traders tried to make sense of mixed earnings releases yesterday. Stocks halted their slow climb yesterday in the absence of any new positive news.

New fronts. Equity markets sold off yesterday on news that Trump was proposing new tariffs on the EU and a lowered global economic growth outlook by the IMF. With the possibility of a new front in the trade war looming stocks gave up their winning streak in a day of selling.

Watchful waiting. Former Fed Chief Janet Yellen’s prescription for policy is in line with the current Fed and traders are obedient, watching and waiting for first quarter earnings. Stocks closed up yesterday on a benign inflation figure and market friendly FOMC minutes.