Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: January 23, 2020

01/23/2020 The stockmarketstarteddeeply in the redtoday, as fearsincreased about the WuhanCoronavirus, given that cases were found in other locations. Too, they were speculating how the flu-like virus would impact global growth in 2020. The Dow Jones Industrial Average fell well over 200 points in early market action, while the other indices were down in tandem. Overall, the Dow closed lower by 26 points; the S&P 500 rose four points, and the NASDAQ was up19 points.  
read more

Daily Updates/ Market Daily Updates

Stock Market Today: January 22, 2020

01/22/2020 The equity market openedhigher this morning, but reversedcourse, and softened quite a bit as the sessionprogressed. Initially, traders seemed to be feeling more confident about the medicalsituation in China, as health officials have taken action to contain a serious virus that has broken out there. Given the size of China’s economy, Wall Street has concerns that a protracted epidemic could be problematic for global trade. At the close of the day, the Dow Jones Industrial Average was down 10 points; the broader S&P 500 Index clung to a one-point gain, and the NASDAQ managed to advance 13 points.
read more

Highlights/ StockHighlights

Dow 30 Earnings: International Business Machines Fourth Quarter 2019

01/22/2020 International Business Machines, (IBM) a global provider of mainframe computers, as well as computer software and services, reported earnings for the December quarter and 2019 that matched expectations, on better-than-anticipated revenues. The company's declining revenues have been a concern in recent years, and the improvement cheered investors, who bid the stock up over 4% during recent trading.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: January 21, 2020

01/21/2020 The stock market started in the red today, as tradersentimentwaned over the three-day holiday weekend. The Dow Jones Industrial Average fell 70 points in the early part of the session, while the other indices were down in tandem. However, the markets started to rebound, and the NASDAQ even reached the green for a short spell. Then, news broke that the first recorded case of Wuhan Coronavirus (which has killed six people in China) has been documented in the United States, and the indices all broke lower. Overall, the indices ended the day near the lows, with the Dowclosing down 152 points, the S&P 500 was off by nine points, and the NASDAQ fell 18 points.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: October 21, 2019

10/21/2019 The stock market started in the green today, as trader sentiment improved over the weekend, which caused the composites to move higher in the first few moments of trading. However, some negative news concerning Boeing’s (BA) 737 Max plane came out over the weekend and dragged both that stock and the Dow Jones Industrial Average lower. It led the Dow to fall into the red for a brief spell. Still, the rest of the market held up quite well and started to march higher through the early morning and continued through the afternoon. The composites closed not far off from the day’s highs. Overall, the Dow closed higher by 57 points, while the S&P 500 was up around 21 points.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: October 18, 2019

10/18/2019 The stock market traded notably lower late this morning, and remained in the loss column throughout the afternoon. Today, investors were busy digesting the latest batch of corporate earnings reports, while also keeping an eye on developments overseas. Of note, despite the recent announcements, some on Wall Street may be looking for further assurances that at least a limited trade deal will be signed with China in the near future. By the end of the day, the Dow Jones Industrial Average was down 255 points; while the broader S&P 500 Index was off 12 points; and the NASDAQ was lower by 67 points.
read more

Highlights/ StockHighlights

Dow 30 Earnings: International Business Machines Third Quarter 2019

10/17/2019 International Business Machines (IBM) stock trended lower as third-quarter earnings results fail to inspire investors.
read more

Highlights/ StockHighlights

Dow 30 Earnings: International Business Machines Second Quarter 2019

07/18/2019 International Business Machines, (IBM) a global supplier of computer hardware, software, and services to large enterprises, as well as a Dow 30 component, reported earnings of $3.17 a share for the June quarter, adjusted for $0.36 of so-called nonoperating costs. That compares favorably to our estimate of $3.05 and results in the 2018 June term of $3.08. Revenues declined a currency-adjusted 1.6%, but the stock traded higher in early Thursday morning trading.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: July 16, 2019

07/16/2019 The markets started out choppily today, despite the release of solid economic news and generally better quarterly earnings reports. Retail sales were higher than expected, while earnings at a few banks showed solid year-over-year gains. All told, the Dow closed down 24 points, the S&P 500 was lower by 10 points, and the NASDAQ decreased 35 points.
read more

PAGE
OF 14