Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Why The Dow Rose Today

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

U.S. stock markets didn’t give investors much to talk about today.  In another day of relative calm, all three major American indexes hovered around flat for most of the day. After sitting in negative territory, the Dow Jones Industrial Average (INDEX: ^DJI  ) ended slightly higher today, notching a 19-point rally, or a roughly 0.1% gain. On the other hand, the S&P 500 and Nasdaq each declined 0.1% and 0.2% respectively. In further confirmation that barely anything happened to the broad markets today, the market’s "fear gauge," more commonly referred to as the VIX (INDEX: ^VXX  ) , also shed a mere 1.1%.  Not a lot to write home about. However, there were a few major storylines with specific companies worth noting.

Around the markets
Among major storylines today:

  • Railroad Norfolk Southern (NYSE: NSC  ) shed 9%, after the company lowered its Q3 outlook. This comes on the heels of another company underperforming on its expectation. Earlier this week, shipping barometer FedEx (NYSE: FDX  ) also lowered its full-year guidance, sparking a sell-off in its shares. Each of these companies deals closely with global trade, and investors watch them closely to, hopefully, glean insight into the health of the global economy. If such leading indicators are correct, the rest of the year could be challenging for investors.
  • On the flipside, ConAgra Foods (NYSE: CAG  ) rallied 6.2%, after it reported better-than-expected first quarter earnings. Keeping its shareholders happy, ConAgra also raised its full-year guidance.  In addition, it raised its quarterly payout by 4.2%, to an absolute figure of $0.25.

The best way to play it
Day to day, markets can send prices of companies miles away from their actual worth. That's why investors will do well to invest in companies with sustainable business models that can perform well over the long term. The Fool recently highlighted three companies on the Dow that should easily stand the test of time. We break down their relative merits and weaknesses in our new research report, which you can grab for free today. Just click here to get started.

Fool Andrew Tonner held no position in any of the companies mentioned in this article. You can find Andrew and all his Foolish writing on Twitter at @Andrew Tonner.

Motley Fool newsletter services have recommended buying shares of FedEx. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2025876, ~/Articles/ArticleHandler.aspx, 10/24/2016 11:11:55 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 hour ago Sponsored by:
DOW 18,223.03 77.32 0.43%
S&P 500 2,151.33 10.17 0.47%
NASD 5,309.83 52.43 1.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/24/2016 4:56 PM
^DJI $18223.03 Up +77.32 +0.43%
CAG $47.69 Down -0.32 -0.67%
ConAgra Foods CAPS Rating: ****
FDX $172.08 Up +1.88 +1.10%
FedEx CAPS Rating: ****
NSC $92.95 Up +0.03 +0.03%
Norfolk Southern CAPS Rating: *****