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Today's Commentary
Sunday, July 24, 2016

The Dow Jones Industrial Average (DJIA) traded lower throughout the day -- and was off triple digits at one point -- snapping its impressive nine-day winning streak, as investors' appetite for stocks cooled. On top of disappointing earnings from a handful of Dow components, sliding crude oil prices also dampened trader sentiment. Meanwhile, better-than-expected jobless claims and an impressive housing number failed to offer stocks much support, with the Dow, S&P 500 Index (SPX)​, and ​Nasdaq Composite (COMP) ​all closing near session lows.

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