Daily Updates/ Market Daily Updates

Stock Market Today: January 28, 2020

01/28/2020 The stock market started quite positively today, reboundingwell off of yesterday’s lows. A news report stated that Apple (AAPL) plans to boost iPhone production by 10% when compared to the first half of 2019. Given the company’s weight in the Dow Jones Industrial Average and S&P 500, the substantial price movement pushed the indices higher. However, quarterly earnings reports and the new 2020 outlooks for 3M (MMM) and Pfizer (PFE). The indices rose steadily throughout the session and ended not far from the highs of the day. All told the Dow closed higher by 187 points, the S&P 500 was up 33 points, and the NASDAQ rose 130 points.
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Stock Market Today: January 27, 2020

01/27/2020 Stocksopenedsharplylower this morning, traded in sideways pattern for much of the afternoon, and finished the session on a weaknote. Earlier today, investors were rattled by reports that the Coronavirus in China has been spreading. Furthermore, news that the virus has moved to other countries, including the U.S., likely did not help matters. In addition to health concerns, Wall Street is probably worried that the situation could hurt the global economy and corporate profits. At the close of the session, the Dow Jones Industrial Average was down 454 points; the broader S&P 500 Index was off 52 points, and the NASDAQ was lower by 176 points.
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Stock Market Today: January 10, 2020

01/10/2020 A generally decent, but not compelling, jobs report helped move stocks higher at the start of today’s session, but sentiment quickly soured following the latest development on the U.S./Iran front. The Labor Department announced that employers added 145,000 jobs in December, coming in a bit shy of expectations. Also, the surprisingly strong showing in November was revised to 256,000 (down from 266,000).
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Stock Market Today: January 9, 2020

01/09/2020 The stock market started positively today, as a further easing of global trade tensions emboldened traders. This improvement in sentiment caused stocks to move higher, and the Dow Jones Industrial Average rose by as many as 243 points in the early portion of the trading session, while the other indices rose in tandem. The three major composites set all-time highs in the process. However, the markets became overbought and quickly reversed course, giving up a substantial portion of the day’s gains in short order. But the market soon trended higher again, though it never eclipsed its previous apex. All told, the Dow closed higher by 212 points; the S&P 500 rose 22 points; and the NASDAQ increased 74 points.
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Stock Market Today: January 3, 2020

01/03/2020 The market futures started out slightly positively for a brief spell last night as a continuation of yesterday’s rally seemed likely today. However, once news broke that the United States military had killed General Qassem Soleimani of Iran in a drone strike, the futures market fell quickly, while oil prices rose as much as 4% overnight. Traders were unclear how and when Iran would respond and how this affects the geopolitical climate.
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Stock Market Today: January 2, 2020

01/02/2020 The stock market started the newyearquitepositively, on improvedsentiment about the economic environment. Over the rest of the day, the market rebounded from the brief profit taking and even took out the prior daily highs. The indices ended not too far from their new apexes. All told, the Dow closed higher by 330 points, the S&P increased 27 points, and the NASDAQ rose 120 points.
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Stock Market Today: December 31, 2019

12/31/2019 The majorstock averages picked up late in the session ahead of tomorrow’s New Year’s Day holiday, ending a big year on a positivenote.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 27, 2019

12/27/2019 Stocks opened the final session of the week and the last Friday during 2019 continuing the strong rally that was set in motion weeks ago, with some further advances. On point, just minutes after the open, the Dow Jones Industrial Average was already up close to 80 points, while the tech-heavy NASDAQ, boosted by early strength in some high-profile names, was ahead by about 30 points. Both indexes, along with the S&P 500, reached additional all-time highs in the process. At that time, it seemed as though we would move steadily and definitively forward in uneventful fashion to close out the week.
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Stock Market Today: December 26, 2019

12/26/2019 The stockmarketopenedhigher today, and managed to build on these gains through the afternoon. Today, traders seemed pleased with recent reports suggesting that the U.S. and China were close to reaching a trade agreement. Furthermore, reports showed that retail sales strengthened during the holiday season, with notable gains in the online shopping area. At the end of the session, the Dow Jones Industrial Average was ahead about 106 points, the broader S&P 500 Index was up 17 points, and the NASDAQ was higher by 70 points.
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