Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: July 13, 2018

07/13/2018 After a brief dip early in the session, stocks moved nicely into positive territory, but trading became mixed late in the afternoon. Investors probably breathed a sigh of relief this morning after the Federal Reserve, in its semi-annual report to Congress, indicated that it saw no need to step up the pace of interest rate hikes. Despite a strengthening labor market and the threat of tariffs, the lead bank sees inflation remaining near its target rate through at least 2020. The market also put trade issues on the back burner, as earnings season got going in earnest.
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Daily Updates/ Market Daily Updates

Stock Market Today: July 5, 2018

07/05/2018 Stocksopened higher this morning, and despite a few brief pullbacks, managed to strengthen through the afternoon. At the end of the session, the Dow Jones Industrial Average was up 182 points; the broader S&P 500 Index was ahead 23 points; and the NASDAQ was higher by nearly 84 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: June 27, 2018

06/27/2018 After opening Wednesday’s session with a virtual running of the bulls, the major U.S. indexes each turned negative during the midday hours. This presaged an increasingly dramatic selloff into the afternoon that both saw small- and large-cap stocks steeply shed value well into the final hour of trading.
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Daily Updates/ Market Daily Updates

Stock Market Today: June 5, 2018

06/05/2018 The major U.S. equity indexes lackedconvictiontoday, as early gains gave way to a midday slump. However, a late afternoon rally allowed stocks to recoup most of the ground lost earlier in the session.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 11, 2018

05/11/2018 Stocks on Friday displayed little of the volatility that unsettled investors on a number of occasions this year. The calmer trend is welcome, since it probably indicates the focus is more on the economy and earnings. There could still be disruption from international trade disputes, rising interest rates, or global tensions, as has occurred in recent months.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 8, 2018

05/08/2018 Driven in large part by some geopolitical uncertainty, the major U.S. indexes were volatile during Tuesday’s trading session. Speculation over the United States’ future participation in the Iran nuclear deal of 2015 led to a lower opening by the Dow Jones Industrial Average, S&P 500, NASDAQ, and small-cap Russell 2000.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 3, 2018

05/03/2018 The stock market traded notably lower this morning, but rebounded dramatically in the afternoon. Some of the volatility likely had to do with concerns over the Administration’s international trade policies. The Federal Reserve’s course of action has also been a source of worry for some on Wall Street. At the close of trading, the major averages were mixed. The Dow Jones Industrial Average was ahead five points, after being off nearly 400 points, while the broader S&P 500 Index was down six points, and the NASDAQ was lower by 13 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 2, 2018

05/02/2018 The major large-cap equity indexes traded in mixed fashion up until the final hour, when they fell steeply into negative territory. Solid earnings performances from Corporate America and an in-line update from the Federal Reserve did little to spur a recovery from softness in the first part of the week, with the Dow Jones Industrial Average diving about 200 points into the red as the closing bell approached.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Second Quarter Fiscal 2018

05/02/2018 Apple (AAPL) shares are heading higher, back into the mid-$170s, after the tech behemoth posted better-than-anticipated results for the second quarter of fiscal 2018 (year ends September 29th). The stock had traded lower in the days leading up to the report, with investors concerned about an apparent slowdown in the global smartphone market.
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