Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: January 24, 2020

01/24/2020 Stocks opened higher this morning, but sank deep into negative territory in the afternoon. The averages attempted to recover some ground late in the session, but with limited success. Earlier today sentiment seemed somewhat optimistic. However, the mood turned apprehensive, as traders worried that a deadly virus in China might be difficult to contain. Of note, the virus has made its way to a number of countries, and a second person in the U.S. was recently diagnosed with the illness.
read more

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

Daily Updates/ Market Daily Updates

Stock Market Today: January 13, 2020

01/13/2020 The stock market opened higher this morning, and managed to extend these gainsthrough the afternoon. Traders were likely feeling up beat, as the United States and China are expected to sign a trade deal this week. Further, many on Wall Street may be looking forward to the start of the fourth-quarter earnings season. At the close of trading, the Dow Jones Industrial Average was ahead 83 points; the broader S&P 500 Index was up 23 points, and the NASDAQ was higher by 95 points.
read more

Daily Updates/ Market Daily Updates

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.
read more

Daily Updates/ Market Daily Updates

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.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: December 24, 2019

12/24/2019 Stocks took a breather on Christmas Eve from their record run, with trading light ahead of an early 1:00 p.m. EST closing.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: December 16, 2019

12/16/2019 The stock market started positively today, as sentiment improved concerning Phase 1 of a trade deal between China and the United States. The deal will reduce the tariff rate on around $120 billion in goods from China, avoid additional hikes, and is now slated to be signed the first week of January, though this is subject to change. Additionally, homebuilder confidence rose to the highest level in 20 years. Overall, the Dow closed higher by 101 points, the S&P 500 rose 23 points, and the NASDAQ was up 79 points.
read more

Daily Updates/ Market Daily Updates

Stock Market Today: November 12, 2019

11/12/2019 The equity markets pressed ahead earlier this morning, but gradually retreated as the day unfolded, before firming again at the end. Of note, Wall Street continues to look for signs that a trade deal between the U.S. and China will materialize in the near future. However, it is still unclear if, and when, such a development might take place. No doubt, the shifting situation, and remarks from the Administration, have added some choppiness to the market lately. At the end of trading today, the Dow Jones Industrial Average was unchanged; the broader S&P 500 Index was ahead five points; and the NASDAQ was higher by 22 points.
read more

PAGE
OF 15