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Finding a Balance

Daily Recap

In a relatively quiet day of trading, nearly all major indexes closed in the green, but not by much. After flirting with both gains and losses, the Industrials ended the day up a whopping 2 points. The Transports did better, up 0.81%, but the Nasdaq and S&P 500 both flat-lined, up 0.05% and 0.07%, respectively.

 

With little economic news released today, investors prepared themselves for the onslaught of earnings reports that are just around the corner. We'll soon have an indication on Q1 earnings, which are expected to rise 9% from prior year levels, according to FactSet.

 

Global equity markets were mixed, with all of Europe in the red and Asia split about 50/50 between winners and losers. The Europe Dow fell 0.38% while the Asia Dow gained 0.24%. The Global Dow, more or less splitting the difference, fell 0.05%.

 

In fixed income markets, Treasury prices rallied and yields fell. The 10-year note remains inside ... Log in or subscribe to continue reading.


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