Stock Market Today

Thursday, August 6 2020

Daily Updates

Stock Market Today: August 5, 2020

Harvey S. Katz, CFA | 08/05/2020

Another day, another morning's rise for the U.S. stock market. Equities stayed on a winning track through most of the day yesterday into the close, with the Dow ending up a session-best 164 points. More modest gains were tabulated by the S&P 500 and the NASDAQ. Now, looking out at a new day, and following generally narrow advances by the U.S. equity futures last evening and ahead of key economic reports today, tomorrow, and Friday, the equity futures now are pointing to a nicely higher opening when trading resumes.

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A Discussion of the Gross Domestic Product

Harvey S. Katz, CFA | 02/24/2020

The gross domestic product, popularly known as the GDP, is the total value of the output of all goods and services produced by labor and property within the United States.

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Markets Commentaries

GAAP, Items, And Adjusted Earnings - Sometimes a Strange Tale

Value Line Research Department | 02/24/2020

It is axiomatic that a company’s stock’s price is the present value of all future cash flows it is likely to pay out, and that earnings constitute one gage of a company’s economic value. Unfortunately, there is often a lot of smoke between published profits according to generally accepted accounting principles and the real output of a company.

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