Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: March 13, 2020

03/13/2020 About a century ago, the author and art collector Gertrude Stein, upon her return from Paris to her old home town of Oakland California, was asked by a reporter what she thought of the city now. She replied that there was no there, there. Well, that might have been true for her in that era, but it has not been the case for Wall Street this past week. To wit, the latest four trading sessions have been anything but dull and routine. Indeed, many wished that had been the case.
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Daily Updates/ Market Daily Updates

Stock Market Today: February 20, 2020

02/20/2020 The stockmarketattempted to advanceearlier this morning,abruptly sold off just before noon, but managed to partially recover later in the session. Earlier today, investors seemed increasingly worried about the coronavirus. In addition to concerns about general health issues, Wall Street may be getting worried that business, and corporate profits, could soon be at risk from the disease. It should be noted that a couple of days ago, Apple announced that the situation has been disruptive, and it would be reasonable to assume that other companies may soon follow. At the close of trading today, the Dow Jones Industrial Average was down 128 points; the broader S&P 500 Index was off 13 points; and the NASDAQ was off 66 points.  
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Stock Market Today: February 19, 2020

02/19/2020 The stock market started strongly today, as fears ebbed about the coronavirus. Additionally, a few key economic indicators were positive, including building permits, which reached near a 13-year high. Too, new starts were much higher than expected, while the Producer Price Index showed 0.5% rise in inflation during January. The Dow Jones Industrial Average climbed by as many as 176 points by the late afternoon. The other indices were up in tandem, showing better prices throughout the day.
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Stock Market Today: February 18, 2020

02/18/2020 The stock market started in the red today, after the three day holiday weekend, on news that the coronavirus outbreak was worse than expected in China. Meantime, Apple (AAPL) stated that the contagion would impact its operations and sales in the first quarter. This sent the market lower in early trading with the Dow Jones Industrial Average lower by as much as 281 points. However, the market became oversold, which caused the indices to rebound and retake a substantial portion of the day’s losses. The NASDAQ even reached the green for a brief spell.
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Daily Updates/ Market Daily Updates

Stock Market Today: February 11, 2020

02/11/2020 The stock market started positively today, as fears over the coronavirus ebbed. The move higher continued throughout the early morning, with all three major indices reaching all-time highs. However, the markets started to roll over once news broke that Dow Jones Industrial Average company Boeing reported that it received no new orders in January. Additionally, news broke that the Federal Trade Commission issued special orders to five large technology firms, which make up a large portion of the S&P 500, NASDAQ, and Dow. These orders concerned their acquisition activities over the past ten years. The news spooked the markets and sent the indices down, in a series of lower highs and lows. All told, the Dow closed just below breakeven, the S&P 500 was up six points, and the NASDAQ finished 11 points higher.
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Stock Market Today: February 5, 2020

02/05/2020 Stocks got off to a solidstart this morning, pulled back slightly after about an hour of trading, but managed to firm upagain and then forged ahead in the afternoon closing near session highs. Investors were pleased to learn that researchers in China, as well as a team in the U.K., may be on the cusp of finding a treatment for the Coronavirus. However, much progress will be needed, and the situation is still a major concern. At the close of trading, the Dow Jones Industrial Average was ahead 483 points; the broader S&P 500 Index was up 37 points; and the NASDAQ was higher by 41 points.
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Stock Market Today: February 3, 2020

02/03/2020 The stockmarketopened nicely higher, softened later in the morning, but still managed to hold onto some of its gains through the afternoon. Investor sentiment seemed a bit more upbeat earlier today, even though the Coronavirus remains a key area of uncertainty. Perhaps, some traders on Wall Street are hoping that the illness can be contained, and that a medical cure will soon be presented. At the close of today’s session, the Dow Jones Industrial Average was ahead almost 144 points; the broader S&P 500 Index was 23 points, and the technology-heavy NASDAQ was higher by 122 points.
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Stock Market Today: January 30, 2020

01/30/2020 U.S. futures started in the red today, as fears grew about how widespread the Coronavirus had become. The number of cases and deaths related to the disease jumped overnight in China, causing worries about the globaleconomy in 2020. Once the market opened, the Dow Jones Industrial Average was lower by 245 points in short order. However, the goodearnings results somewhat buoyedsentiment and stocks rose for a spell. But once the World Health Organization declared the virus a global health emergency, the indices sank again – but did not reach new lows. On point, the Dow closed higher by 125 points, the S&P 500 was up 10 points, and the NASDAQ was ahead 24 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 29, 2020

01/29/2020 The stockmarketgotoff to a higherstart this morning, but quicklysoldoff. Then, it managed to move higher in the afternoon, but surrendered most of its gains late in the day. Today, investors seemed willing to look beyond the coronavirus outbreak taking place in China, in order to concentrate on the corporate reporting season. However, the situation is still quite unsettling. At the close of trading, the Dow Jones Industrial Average settled up 12 points; the broader S&P 500 Index was off three points, and the NASDAQ was higher by fivepoints.
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