Indexes Drop Across The Board; Softer Blow For Nasdaq Due To Vertex Announcement

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets U.S. indexes fell across the board on Tuesday (see above chart), largely due to drops in blue-chip stocks such as Exxon Mobil (XOM), Verizon (VZ) and American Express (AMEX), which all fell more than 1% on the day. One of the biggest market movers today was Vertex Pharmaceuticals (VFTX). The stock gained …

Market Still Yet To Break Out Of 2014 Slump

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving The Markets The S&P 500 index eked out a marginal gain today, while the Dow Jones Industrial Average dropped, weighed down by losses for Verizon Communications Inc. (VZ) and AT&T Inc. (T). Bed Bath & Beyond Inc. (BBBY) shares fell 12.5% after the retailer reported fiscal third-quarter earnings and trimmed its outlook late Wednesday. …