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| Enjoy the financial updates archive. |
Market Midday Report for May 21, 2013
Tuesday, May 21, 2013
THE MARKET AT MIDDAY EXPERIENCING SOME VOLATILITY AHEAD OF COMMENTS OUT OF THE FED. HOME DEPOT AND CHASE LENDING SUPPORT TO THE DOW. THOSE STORIES NEXT.
INVESTORS AT MIDDAY TRADING CAUTIOUSLY AHEAD OF FEDERAL RESERVE CHAIRMAN BEN BERNANKE'S TESTIMONY ON CAPITOL HILL TOMORROW.
HOME DEPOT AND JP MORGAN CHASE LENDING SOLID SUPPORT TO THE DOW JONES INDUSTRIAL AVERAGE.
HOME DEPOT'S STOCK PRICE MOVING HIGHER ON ITS BETTER THAN EXPECTED QUARTERLY RESULTS AND IMPROVED FULL-YEAR EARNINGS GUIDANCE.
NEWS THAT JAMIE DIMON WILL RETAIN HIS TITLES AS CEO AND CHAIRMAN BOOSTING CHASE'S STOCK PRICE.
THE TECHNOLOGY SECTOR PROVING TO BE A BURDEN ON THE MARKET. APPLE, CISCO SYSTEMS AND GOOGLE ALL TRADING LOWER AT MIDDAY.
THE SHARES OF BOTH BEST BUY AND URBAN OUTFITTERS MOVING LOWER ON THEIR MIXED QUARTERLY RESULTS.
AND DOLLAR STRENGTH IS WEIGHING ON COMMODITY PRICES. GOLD AND CRUDE OIL BOTH TRADING LOWER AT MIDDAY. GOLD SURRENDERING A LION'S SHARE OF YESTERDAY'S GAINS, TRADING DOWN NEAR $1,360 AN OUNCE.
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