Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: May 20, 2019

05/20/2019 Equities opened sharply lower this morning, recovered some ground in the early afternoon, but weakened again in the final hours of the day. Once again, tradersworried about deteriorating trade relations between the United States and China. More recently, the U.S. government ordered a ban on technology sales to Huawei, a leading corporation based in China. The move did not sit well with Wall Street, and likely ignited fears of a larger global slowdown. At the close of trading, the Dow Jones Industrial Average was down about 84 points; the broader S&P 500 Index was off 19 points; and the NASDAQ was lower by 114 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 14, 2019

05/14/2019 The stock market opened higher, as sentiment increased that a trade deal with China would be completed at some point. This caused the markets to trend in an upward fashion throughout the first portion of the session. In fact, the Dow Jones Industrial Average rose by around 340 points by noon, while the S&P 500 and NASDAQ were also along for the ride. In the afternoon, the trend moved from upward to sideways, though new highs for the session were made in the course of trading. Still, the composites tapered off in the final portion of the session. All told, the Dow gained 207 points, the S&P 500 finished higher by 23 points, and the NASDAQ was up 87 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 13, 2019

05/13/2019 The stock market opened dramatically lower this morning, and was unable to meaningfully reverse direction in the afternoon. In fact, few bargain hunters seemed willing to step in and support stocks, suggesting sentiment has turned cautious. Clearly, investors have become worried that trade relations between the U.S. and China are rapidly eroding. At the end of trading today, the major averages were deep in negative territory. The Dow Jones Industrial Average was down roughly 617 points; the S&P 500 Index was off 70 points; and the NASDAQ was lower by 270 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 6, 2019

05/06/2019 The stock market opened dramatically lower this morning, as investors worried that trade negotiations between the United States and China might be souring. Meanwhile, the negotiations are ongoing and may still make some progress. It should be noted that stocks did manageto recover some ground in the afternoon, and this was an encouraging development. At the end of the trading, the Dow Jones Industrial Average was down roughly 66 points; the S&P 500 Index was off 13 points; and the NASDAQ was lower by 41 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 3, 2019

05/03/2019 The major U.S. stock indexes started today’s session on a solid note, and the uptrend was largely maintained throughout the entire session, snapping a two-day losing streak for the market.Trading got off to a strong start following a better-than-expected jobs report. Altogether, the country added 263,000 positions in April, driving the unemployment rate down to 3.6%, marking its lowest level in 49 years.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 2, 2019

05/02/2019 The marketstarted lower today.Stocks continue to slide in reaction to yesterday’s Federal Reserve meeting. Chairman Powell suggested that there would not be an interest-rate cut in the near future. However, the selloff then accelerated, and the Dow Jones Industrial Average fell by as many as 250 points. The other indices were lower in tandem. All told, the Dow closed lower by 122 points, the S&P 500 fell by six points, and the NASDAQ was off by 13 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 1, 2019

05/01/2019 The stock market traded higher this morning, but weakened considerably in the afternoon. The selling may have been due to profittaking, as well as some concernsabout the Federal Reserve’s course of action. At the end of trading, the Dow Jones Industrial Average was down 163 points; the S&P 500 Index was off 22 points; and the NASDAQ was lower by 46 points.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Second Quarter Fiscal 2019

05/01/2019 Apple (AAPL) shares are back in a strong rally mode, rising above the $210-per-share mark, on the heels of the tech giant's earnings release for the second quarter of fiscal 2019 (year ends September 28th). The Dow component had been under heavy pressure early in the year, falling into the $140s, with investors worried about a slowdown in the core iPhone franchise and challenging operating conditions in China.
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Daily Updates/ Market Daily Updates

Stock Market Today: April 10, 2019

04/10/2019 Equities put in a choppy performance today, as investors await the start of the first-quarter earnings season. At the end of the session, the Dow Jones Industrial Average, which was under pressure for much of the day, was ahead seven points; the S&P 500 Index was up 10 points; and the NASDAQ was higher by 55 points. Market breadth showed some support for equities, as advancers were easily ahead of decliners on the NYSE.
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