Stock Market Today

Friday, March 22 2019

Daily Updates

Stock Market Today: March 21, 2019

Harvey S. Katz, CFA and Adam Rosner | 03/21/2019

The stock market got off a sluggish start this morning, but then proceeded to advance at a strong pace for much of the day. Of note, traders were feeling more optimistic about the technology sector, in particular, and that helped push the broad market higher. At the end of the session, the Dow Jones Industrial Average was ahead 217 points; the S&P 500 Index was up 31 points; and the NASDAQ, which displayed leadership, was higher by 110 points.

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The Federal Reserve Leaves Interest Rates Unchanged And Suggests No Rate Hikes in 2019

Harvey S. Katz, CFA | 03/20/2019

The Federal Reserve has adjourned its latest FOMC meeting and gave somewhat concerned investors something to cheer about as the lead bank suggested that it would not increase borrowing costs this year.

Dow 30 Earnings: The Home Depot Fiscal Fourth Quarter 2018

Matthew E. Spencer, CFA | 02/26/2019

Shares of The Home Depot (HD) pulled back after the world's largest home-improvement retailer released mixed fiscal fourth-quarter (ended February 3rd) results and issued lackluster guidance. Sales in the final stanza of the year rose 10.9% from a year earlier, to $26.491 billion, nearly matching our $26.488 billion target. However, the figure fell short of the Wall Street consensus.

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