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Stock Market Update - Thu Nov 15 16:20:01 EST 2007

[BRIEFING.COM] Similar to Wednesday, a late-day sell-off pushed the indices lower on Thursday. The decline was led by the financial sector as negative news regarding the credit market eventually overshadowed mostly in-line economic data

Stock Market Update - Thu Nov 15 15:35:01 EST 2007

[BRIEFING.COM] Selling pressure faded as the indices bounced off their lows, but a renewed wave of selling interest pushes the indices back towards their intraday lows.  Continued worries of subprime related losses are playing a large role in the financial sector's (-3

Stock Market Update - Thu Nov 15 15:05:01 EST 2007

[BRIEFING.COM] The stock market falls to fresh intraday lows as the financial sector (-3.4%) extends its losses.  Specifically, there is weakness in the thrifts & mortgages group (-6.3%), as Fannie Mae (FNM 43

Stock Market Update - Thu Nov 15 14:30:01 EST 2007

[BRIEFING.COM] Selling efforts have faded as the major indices hold near their worst levels of the session. Although crude oil  prices (-0.7%) are currently off their lows, there is still significant weakness among commodities

Stock Market Update - Thu Nov 15 14:00:01 EST 2007

[BRIEFING.COM] The stock market is unable to regain its footing, as it falls to fresh lows.  The weakness in equities, and some negative reports regarding global financial firms, spurs strength in the Treasury market

Stock Market Update - Thu Nov 15 13:30:01 EST 2007

[BRIEFING.COM] The stock market continues to trade with modest losses as there has yet to be a concerted upward or downward move. Reuters reports that at the Merrill conference the CEO of Wells Fargo (WFC 32

Stock Market Update - Thu Nov 15 13:00:01 EST 2007

[BRIEFING.COM] The major indices fall to their worst levels of the session as the flagging financial sector (-2.2%) takes a toll on the broader market due to its heavy weighting.  The stock market is currently trading slightly above its recent lows, but will have trouble making significant gains without the support of financials or the tech sector (-0

Stock Market Update - Thu Nov 15 12:30:01 EST 2007

[BRIEFING.COM] The Philadelphia Fed, a regional manufacturing survey, rose to 8.2 in November, compared with its prior reading of 6.8. The survey also topped the consensus estimate of 5.0. A number above zero represents expansion

Stock Market Update - Thu Nov 15 12:00:01 EST 2007

[BRIEFING.COM] The major indices are trading with modest losses following Wednesday's late-day sell-off. Economic data this morning were mostly in-line with expectations. The October core CPI was up 0

Stock Market Update - Thu Nov 15 11:30:01 EST 2007

[BRIEFING.COM] The indices are trading near the unchanged mark with neither buyers nor sellers showing a great deal of conviction. Yesterday traded in a similar fashion, and then had a broad-based late-day sell-off

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