Daily Updates/ Market Daily Updates

Stock Market Today: January 8, 2021

01/08/2021 It has been a volatile week on Wall Street, which saw an initial selloff on Monday, a mixed showing on Tuesday, ahead of the Georgia vote, which would tip control of the U.S. Senate from the Republican Party to the Democratic Party, and outsized advances the past two days on relief that the transition of authority from the current President to President-Elect Biden would be orderly and peaceful. And today’s jobs report, Labor affirmed that the nation lost 140,000 jobs last month (forecasts had been for an increase of 50,000 jobs. Despite a turbulent week, the indexes are at all-time highs as we close out the first full week of the new year.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 30, 2020

12/30/2020 After up-and-down sessions the first two holiday shortened sessions this week, Wall Street seems poised to commence trading on a positive note this morning, with stocks likely pushed higher by optimism that the way could be paved for additional easy monetary policies from the Federal Reserve in the year upcoming even if the economy gets the boost widely expected from the mass distribution of COVID-19 vaccines.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 10, 2020

12/10/2020 The equity market struggled yesterday, as risingnumber of COVID patients and deaths offset the enthusiasm surrounding the vaccine. In all, the Dow ended matters off by 105 points, while the S&P 500 descended 29 points. It was the NASDAQ, though, that would suffer the biggest hit, falling 244 points on the slide in tech. In the after-market hours, the early read on the futures was nominally positive last evening, but sentiment has shifted, and the market is poised to open lower.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 2, 2020

12/02/2020 It seems that Wall Street's ability to look past the near-term COVID-19-related troubles is driving equity prices higher. Still, today’s market could open lower, as U.S. stock futures sold off a bit in after-hours trading.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 30, 2020

11/30/2020 The final trading day of November is set to begin with investors’ long equities holding major gains this month. The stretch has been a great one for traders, with stocks getting a boost early on from the elections results, which depending on Georgia Senate seat runoffs in early January, may result in a divided government. That keeps the possibility alive that some of the business friendly policies implemented during the Trump Administration will remain in place, which many pundits think would be a good scenario for both Main Street and Corporate America.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 30, 2020

10/30/2020 Following a cumulative three-day loss this week of more than 1,800 points in the Dow Jones Industrial Average on the one-two punch of soaring COVID-19 cases in our country (we actually topped 90,000 yesterday) and the inability of Congress to pass a new fiscal stimulus package, the stock market opened lower again yesterday. But stocks quickly righted themselves after the first half hour of trading, with the Dow, the S&P 500 Index and the NASDAQ all heading back higher as the morning droned on.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 29. 2020

10/29/2020 The COVID-19 worries, along with the uncertainty surrounding next week’s Presidential election and the unlikelihood of a near-term coronavirus fiscal stimulus package on Capitol Hill, have been a body blow to traders. No sector was spared in yesterday’s respective declines of 943, 426, and 120 points for the Dow 30, NASDAQ, and S&P 500 Index, with sharp setbacks recorded in each of the top-10 major equity groups. Looking to the session ahead, will the positive earnings and economic data released this morning be enough to overcome the escalating worries about COVID-19? Stay tuned.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 28, 2020

10/28/2020 Wall Street is on the ropes. On point, just two days after the Dow Jones Industrial Average had fallen by 650 points, after an intraday loss of 965 points, the blue chips are getting pounded oncemore. Specifically, as we hit the 1:00 hour on the East Coast, the Dow is off by more than 800 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 2, 2020

10/02/2020 Well before the opening bell this morning and hours ahead of the release of the all-important monthly report from the U.S. Labor Department on employment and unemployment (more below), came the announcement that the President had tested positive for COVID-19. This news followed on the heels of a report that a close aide of the President also had tested positive for the disease and that she was showing symptoms of the illness. The equity futures, as would be expected, fell on this development signaling a likely weak opening on Wall Street when trading commences at 9:30 AM (EDT).
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