Stock Market Update

Market Snapshot

Dow	17078.28	+10.72	(0.06%)
Nasdaq	4572.57	-25.62	(-0.56%)
SP 500	2000.72	-1.56	(-0.08%)
10-yr Note	+6/32	2.40%

NYSE	Adv 1400	Dec 1671	Vol 604 mln
Nasdaq	Adv 999	Dec 1758	Vol 1.74 bln

Industry Watch

Strong: utilities, telecom services, materials, health care, energy

Weak: information technology, consumer discretionary, financials

Moving the Market

Confusing talk of a possible cease-fire between Ukraine and Russia

China reports uptick in Services PMI for July; Germany, Italy, and France report downticks in Services PMI reports

Waiting on Bank of Japan, Bank of England, and ECB policy meetings on Thursday

Weak showing from Apple, which is down on profit taking

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.

A Wait-and-See Market

03-Sep-14 16:20 ET

Dow +10.72 at 17078.28, Nasdaq -25.62 at 4572.57, S&P -1.56 at 2000.72

[BRIEFING.COM] The stock market had difficulty getting anything going on Wednesday as a wait-and-see stance permeated the trading action. That was understandable given some confusing headlines about cease-fire talk ...

Crude rallies 3% to $95.50barrel

03-Sep-14 15:35 ET

Dow +10.40 at 17077.96, Nasdaq -26.01 at 4572.18, S&P -1.96 at 2000.32

[BRIEFING.COM] WTI crude oil recovered most of yesterday's losses by gaining $2.59/barrel today to $95.50/barrelMore volatility is expected ahead of the EIA's weekly oil inventory data, which will be released ...

Back Toward Session Lows

03-Sep-14 15:00 ET

Dow +4.76 at 17072.32, Nasdaq -28.93 at 4569.26, S&P -2.75 at 1999.53

[BRIEFING.COM] Aside from the early buzz surrounding the inaccurate report that Ukraine and Russia agreed to a cease-fire, today's session has been a pretty languid one. To be sure, ...

Market, Economy Still the Same

03-Sep-14 14:30 ET

Dow +15.89 at 17083.45, Nasdaq -22.40 at 4575.79, S&P -1.14 at 2001.14

[BRIEFING.COM] The Federal Reserve's Beige Book report, summarizing economic conditions across the twelve Federal Reserve Districts, was released at the top of the hour. It basically reported more of the ...

Going Places

03-Sep-14 13:55 ET

Dow +29.89 at 17097.45, Nasdaq -18.55 at 4579.64, S&P +0.11 at 2002.39

[BRIEFING.COM] Up a little, down a little, and somewhere in between. That pretty much sums up the standing of the major indices as the afternoon session continues. The ...