Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: November 14, 2019

11/14/2019 The futures market started in the red today, as a slew of companies released quarterlyearningsreports, both after the bell yesterday and before the open today.  Throughout the day, the composites were choppy, as they reacted to news reports, including one that the Speaker of the House, Nancy Pelosi, stated that a breakthrough on the USMCA could be imminent. Still, the market has benefited from several days of upward momentum, and it appears that traders were taking profits throughout the day, causing mixed price performances by the stock exchanges. However, the markets trended back to about breakeven in the final portion of the session, and the S&P 500 reached an all-time high by the close. All told, the Dow closed down two points, the S&P 500 was higher by three points, but the NASDAQ was lower by three points.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 8, 2019

11/08/2019 Stocksedged higher on Friday, with the major averages closing at record highs, even as some unfavorable trade news kept a lid on sentiment.
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Highlights/ StockHighlights

Dow 30 Earnings: The Walt Disney Company Fourth Quarter Fiscal 2019

11/08/2019 Wall Street sent shares of entertainment and media conglomerate The Walt Disney Company higher in early trading this morning following the release of the company’s fiscal fourth-quarter results.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Fourth Quarter Fiscal 2019

10/31/2019 The bullish sentiment toward Apple (AAPL) continues to build following the tech giant's release of results for the fourth quarter of fiscal 2019 (ended September 28th). The Dow component, up over 50% in value year to date, was already on quite a roll coming into the print. And Apple did not disappoint, posting a nice earnings beat and providing a rosy outlook for the upcoming holiday shopping season.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 30, 2019

10/30/2019 Equities traded in a sideways range earlier today, but turned nicely higher after 2PM (EDT) following the Federal Reserve’s interest rate announcement. The central bank chose to cut interest rates by another 0.25%, making this the third reduction this year. However, the bank hinted that further easing may not be easily forthcoming. While Wall Street seemed pleased with the news, the market’s reaction was somewhat subdued at first.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 28, 2019

10/28/2019 The market started positively today, aided by strong earnings results across a few large companies. Too, the White House hinted that Phase One of the tradedeal with China could be signed next month. These factors encouraged a broad stock market rally to occur, and the S&P 500 reached an all-time high within the first few minutes of trading. All told, the Dow closed higher by 133 points, the S&P 500 was up 17 points, and the NASDAQ was better by 83 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 24, 2019

10/24/2019 The stock market started choppily today, as a slew of earnings reports hit the newswire. Specifically, the Dow Jones Industrial Average began the day lower, as lackluster quarterly results from 3M hurt the index. Each composite moved up and down in tandem, but the Dow spent the whole day in the red; the S&P 500 spent most of the day wavering between green and red; the NASDAQ was in the green the entire day. All told, the Dow closed lower by 28 points, the S&P 500 was up by six points, and the NASDAQ finished up 66 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 11, 2019

10/11/2019 The stock market opened sharply higher this morning, extended its early gains through much of the afternoon, but then softenedinto the close. Of note, earlier today, Wall Street seemed optimistic that some progress would result from the current round of negotiations taking place between the United States and China. Later in the day, it was reported that some positive steps had actually been achieved. By the end of the session, the Dow Jones Industrial Average was up nearly 320 points; the broader S&P 500 Index was ahead 32 points; and the NASDAQ was higher by 106 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 8, 2019

10/08/2019 Markets started the session with sizable losses, and failed to gain much traction as the morning wore on. Although stocks did show some life down the stretch, late afternoon selling dragged the major indexes to their lows for the day. Not surprisingly, trade relations between the U.S. and China continued to be a major factor.  
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