Wednesday, September 24, 2014


Stock Market UpdateMarket Snapshot
Dow 17210.06 +154.19 (0.90%)
Nasdaq 4555.22 +46.53 (1.03%)
SP 500 1998.30 +15.53 (0.78%)
10-yr Note -11/32 2.564

NYSE Adv 1796 Dec 1243 Vol 730.6 mln
Nasdaq Adv 1854 Dec 895 Vol 1.63 bln

Industry Watch
Strong: Consumer Discretionary, Consumer Staples, Health Care, Materials

Weak: Energy, Industrials, Technology, Utilities

Moving the Market
Dollar Index remains strong

Wall Street Journal reports People's Bank of China may replace Governor Zhou Xiaochuan

Homebuilders volatile after disappointing results from KB Home (KBH) and better than expected New Home Sales in August (504K; Briefing.com consensus 435K)

S&P 500 finds support on re-test of 50-day moving average
Frequent updates that focus on broad U.S. and overseas market activity, key economic releases and stock futures trading that begin prior to U.S. market open and end with a final comment after the close.

S&P 500 Rallies After Nearing 50-Day Average


24-Sep-14 16:15 ET
Dow +154.19 at 17210.06, Nasdaq +46.53 at 4555.22, S&P +15.53 at 1998.30
[BRIEFING.COM] The stock market ended the midweek session on an upbeat note despite enduring a shaky start to the day. The S&P 500 rose 0.8% with nine sectors posting gains, ...

Closing Commodities: Precious Metals Fall As Dollar Index Advances to Four Year Highs


24-Sep-14 15:30 ET
Dow +167.71 at 17223.58, Nasdaq +47.97 at 4556.66, S&P +16.98 at 1999.75
[BRIEFING.COM] Dec gold spent most of today's session chopping around in negative territory while the dollar index strengthened to four year highs. The yellow metal touched a ...

Holding Gains Into the Close


24-Sep-14 15:00 ET
Dow +159.52 at 17215.39, Nasdaq +42.12 at 4550.81, S&P +15.51 at 1998.28
[BRIEFING.COM] The S&P 500 trades higher by 0.8% with one hour remaining in the session. The benchmark index spent the early part of the session near its flat line, but ...

Two Economic Reports Scheduled for Tomorrow


24-Sep-14 14:30 ET
Dow +145.42 at 17201.29, Nasdaq +39.78 at 4548.47, S&P +13.82 at 1996.59
[BRIEFING.COM] Not much change in the major averages as they continue hovering near their best levels of the day. Today's economic data was limited to just two releases, which will ...

Industrials Lag


24-Sep-14 14:00 ET
Dow +124.46 at 17180.33, Nasdaq +37.05 at 4545.74, S&P +11.22 at 1993.99
[BRIEFING.COM] The S&P 500 (+0.6%) has inched up to a fresh session high as the quiet afternoon continues. The health care sector (+1.5%) remains in the lead with the iShares ...
MARKET PLACE

Read more: http://www.briefing.com/investor/markets/stock-market-update#ixzz3EGmn4Aum

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