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Daily Updates/ Market Daily Updates

Stock Market Today: March 18, 2021

03/18/2021 Market Daily UpdatesStock Market Today March 18, 2021Before the Bell So called sector rotation continues on Wall Street, with recent sessions seeing a move away from so called growth stocks, which include high profile technology names, such as Apple (AAPL)
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Daily Updates/ Market Daily Updates

Stock Market Today: March 8, 2021

03/08/2021 The name of the game on Wall Street these days is volatility. It was front and center last week, with a number of pronounced swings in trading seen during the five-day stretch. The major averages started the week on a positive note, then suffered a number of setbacks before rallying forcefully on Friday. The rebound on the week’s final day pushed the Dow Jones Industrial Average and S&P 500 Index into positive territory for the week and narrowed the loss for the NASDAQ Composite.
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Daily Updates/ Market Daily Updates

Stock Market Today:February 26, 2021

02/26/2021 It continues to be all about interest rates, or more specifically about rapidly rising yields on the U.S. 10-year Treasury notes and the companion 30-year Treasury bond. The fears continue to be that those increasing yields, which are a consequence of an improving economy and greater pricing pressures, will prove competition for stocks. This was clearly the case yesterday when a trio of strong economic readings pushed the 10-year Treasury note yield briefly past 1.61%--or four times the low seen in 2020. Stocks plummeted as a result.
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Daily Updates/ Market Daily Updates

Stock Market Today: February 8, 2021

02/08/2021 Wall Street will shortly start the second week of February following a steady run of advances over the initial five-day trading span. Better economic data, optimism about an uptick in vaccinations, expectations that new stimulus spending and relief payments will be passed, and a diminution in the  trading frenzy in previously low profile issues seen in late January all contributed to the market's uptick and should combine to lift the spirits of investors going forward.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 27, 2021

01/27/2021 Wall Street started the new week on a mixed note on Monday with few decisive moves one way or the other. And during yesterday’s session, the market's late rally, spurred by positive earnings, developments on the coronavirus vaccination front, and news from Washington D.C., could not be sustained, and stocks would sell off a little at the close, leaving the three major large-cap indexes nominally in the red for the day. Looking to the day ahead, the U.S. equity futures are pointing to modest profit taking.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 26, 2021

01/26/2021 U.S. stocks started off the week with a volatile session, ending the day mixed, but mostly up.Concerns about the rising cases of coronavirus and vaccination rollout were only somewhat countered by the positive reaction to the U.S. stimulus package. Meanwhile, the equity futures are pointing to a generally positive open for the indexes. Looking ahead, earnings season kicks into higher gear this week.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 14, 2021

01/14/2021 This week has seen a down stock market session on Monday, a mixed equity showing on Tuesday, and a moderately better outcome yesterday. Numerous currents, including the second impeachment of a sitting President of the United States, the issuance of the Federal Reserve's Beige Book, and this morning, the release of the jobless claims tally, will affect today’s markets. Nevertheless, stocks appear set to commence trading to the upside when traders get going this morning.
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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 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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