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Daily Updates/ Market Daily Updates

Stock Market Today: September 12, 2019

09/12/2019 The futures market started positively, as a de-escalation of trade tensions between the U.S. and China occurred overnight. The United States stated that it would delay some tariffs on goods from China from October 1st to October 15th “in a gesture of goodwill.” So, the stock market started the day higher, and the Dow Jones Industrial Average was up by 132 points quickly, while the other indices were higher in tandem. Ultimately, the Dow traded just under all-time highs. The NASDAQ and S&P 500 also traded within 1% of their highest levels. In the final part of the session, the markets gave back a large portion of the daily gains. All told, the Dow closed higher by 45 points, the S&P 500 was up nine points, and the NASDAQincreased 25 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: September 10, 2019

09/10/2019 The stock market opened lower this morning, but managed to recover all of its ground, and then some, as the session unfolded. Of note, earlier today, a weak economic report in China may have ignited investor concerns that the world’s second largest economy, and the broader global outlook, could suffer if a trade deal does not materialize soon. However, by the end of the session, the situation looked a bit better.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 27, 2019

08/27/2019 Following a meltdown on Wall Street this past Friday, after threats by China and the United States to further ratchet up their already intense trade war and a seeming standoff between the warring parties over the past weekend, the U.S. equity futures started out sharply to the downside in trading Sunday night. Then, the President suggested that China wanted to resume trade talks and that the two sides would again sit down to hopefully try and hammer out their differences. That helped the futures do an about face and move notably higher in the pre-market hours.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 14, 2019

08/14/2019 Stocks turned sharply lower this morning, and encountered further selling during the midday hours, and into the afternoon. Investors were rattled by some disturbing developments in the bond market, which stoked fears of a possible economic slowdown or even a recession. Specifically, the yield on the government’s 10-year Treasury moved below the yield on the two-year note, creating a situation known as an inverted yield curve.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 7, 2019

08/07/2019 Equities opened notably lower this morning, but managed to reverse course in the afternoon, ending the day on a mixed-to-positive note. The weakness earlier today was likely due to investor concerns about a protracted trade dispute between the U.S. and China, and plunging global bond yields. By the close of the day, the Dow Jones Industrial Average was down 22 points; the broader S&P 500 Index was ahead two points; and the NASDAQ was higher by 30 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 6, 2019

08/06/2019 The markets closed the session yesterday much lower. The U.S. Treasury Department labeled China a “currency manipulator” following the large move in the yuan. However, the futures markets started to creep higher throughout the night. And the yuan began to stabilize. By the time the U.S.  stock market opened, the indices were solidly in the green, though the final push higher was helped by a few decent earnings reports. Overall, the markets finished not far from the highs, and the Dow was up 312 points, the S&P 500 recovered 37 points, and the NASDAQ increased 107 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 1, 2019

08/01/2019 The stock market started off strongly today, as a rebound occurred after yesterday’s severe FOMC-related selloff. Indeed, the composites started to rise after the release of lackluster economic news along with some decent earnings reports. The tide turned after President Trump announced that on September 1st, the U.S. will enact 10% tariffs on all goods from China, such as many consumer-facing products, which are not currently being taxed. The move continued, and the markets moved far into the red. The Dow was lower over 316 points at its nadir. The other indices followed this move lower, and the markets closed near their lows. All told, the Dow closed lower by 281 points, the S&P 500 was down by 27 points, and the NASDAQ dropped 27 points.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Third Quarter Fiscal 2019

07/31/2019 Apple (AAPL) stock is building upon its recent momentum, climbing to near the $220 level, after the tech giant released an encouraging earnings report for the third quarter of fiscal 2019 (year ends September 28th). In fact, share net of $2.18 for the period clocked in nicely ahead of our estimate and Wall Street's consensus view of $2.10, despite a (slightly) worse-than-anticipated 12% drop in iPhone sales.
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Daily Updates/ Market Daily Updates

Stock Market Today: July 30, 2019

07/30/2019 The marketsstarted out negatively today, as a few worrisome earnings reports from companies were released both yesterday and before the bell this morning. These chilled the market some. Additionally, concerns increased about U.S. trade negotiations with China, due to fears regarding the timing and even likelihood of an eventual deal. All told, the Dow closed down 23 points, the S&P 500 finished lower by eightpoints, and the NASDAQ fell 37 points.
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