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.DJI
Stock Market Today: ‘Brexit’ Anxiety Strikes Again, Stocks Close Lower
The Dow pared off early gains to close down 0.3%, the S&P lost 0.2%, the Nasdaq fell 0.2% and the Russell 2000 ended the day 0.4% lower.
Cautious Investors Remain on Sidelines
While everyone is waiting for the Brexit vote, there are bigger issues to contend with.
Don’t Try to Outguess the Brexit
We won't know who the real winner will be until after the referendum.
Stock Market Today: Stocks Surge as ‘Brexit’ Fears Ease
In the end, the Dow Jones gained 0.7%, the S&P 500 gained 0.6%, the Nasdaq wafted up 0.8% and the Russell 2000 ended the day 1.1% higher.
Market Sits at Important Inflection Point
A buy signal could easily become a sell signal if the S&P 500's 50-day moving doesn't hold.
Traders Firmly in Charge of Stocks
The market is trading in a very narrow range, but institutional investors could spark a violent move.
Fed’s Uncertainty Spooks the Market
Investors continue to shift to a risk-off position.
What Should We Expect from the FOMC? Not Much.
The Federal Open Market Committee (FOMC) meeting will produce the nothing we expect, and investors will be left to deal with the problems at hand.
Safety is the Name of the Game Ahead of Fed Meeting
While it may end up being a non-event, something bigger looms.
US Stocks Retreat on Global Concerns
The major indices could fall to key support levels.
Market Fails to Hold New 2016 Highs
This is a bad sign for the bulls, yet stocks continue to rise in the face of bad news.
Lack of Investor Confidence Hindering Stocks
This persistent condition is reducing the momentum needed for a genuine breakout.
Dow Jones Loses 18,000 as Rally Stalls
In the end, the Dow lost 0.1%, the S&P 500 lost 0.2%, the Nasdaq lost 0.3% and the Russell 2000 ended the day 0.6% lower.
Oil Supporting Market’s Tedious Advance
Rising oil prices and a weak dollar have resulted in unnatural momentum, but how far can they push stocks?
S&P 500 Fails to Break Important Barrier Once Again
Sellers continue to overwhelm buyers near the 2,100 level.
Market Less Than a Point From Breaking Resistance
However, investors may lack the commitment to push through it.
Will History Repeat With a Bearish Reversal?
The market's recent breakout looks similar to one that preceded a major downside reversal.
Market’s Future May be Determined by Key Meetings
Decisions by the Fed, the U.K. and OPEC could have the biggest influence on stocks in the near future.
S&P 500’s Pattern Should Give Traders Pause
A false breakdown could lead to a false breakout again.
