Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: April 5, 2021

04/05/2021 Investors return from the long Easter holiday weekend (the U.S. stock market was closed on Friday in observance of Good Friday) having to digest the much-anticipated report on theU.S. labor market, which was released on Friday morning. The data provided a very encouraging reading on the domestic economy and will likely have a positive impact on trading when the market opens. On point, the U.S. equity futures presage a higher start to the new trading week stateside.
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Daily Updates/ Market Daily Updates

Stock Market Today: March 24, 2021

03/24/2021 The stock market began the new week on a positive note on Monday as each of the major indexes rose on the day on optimism about the economy and vaccines and a drop in Treasury yields, as inflation concerns seemed to cool. However, that upbeat combination was not enough to keep the buyers happy yesterday and while the backdrop remained compelling, the equity market would drift lower for much of the session and end matters near their lows for the day. Looking ahead, the futures are pointing to a higher opening this morning, as the Street seeks to recoversome of yesterday's losses at the open.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 27, 2020

10/27/2020 The stock market ended Monday’s session deeply in the loss column, on fears about the rising caseload of coronavirus patients. Currently, the futures were moderately in the green, suggesting a stronger start to the day. Still, we imagine traders will focus on earnings reports and any developments concerning the coronavirus cases or continuing efforts to fashion a fiscal stimulus package.
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Daily Updates/ Market Daily Updates

Stock Market Today: April 28, 2020

04/28/2020 The U.S. stock market made notable progress yesterday, as we kicked off a new week on Wall Street. Looking to today’s action, overnight the markets offshore were mixed in Asia. However, stocks in Europe have been trading higher, with solid gains on the U.K.’s FTSE 100 index. On our shores, the S&P 500 futures are pointing to a nicely higher opening.   
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Highlights/ StockHighlights

Dow 30 Earnings: Caterpillar Inc. Fourth Quarter 2019

01/31/2020 Caterpillar beat profit expectations for the fourth quarter of 2019, but the shares were downmodestly in value after the manufacturer of heavy equipment reported a sales miss and issued a disappointing 2020 outlook.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 21, 2019

11/21/2019 The stock marketstartedlower today, as sentiment for a trade deal between the United States and China weakened. The higher levels of uncertainty caused the markets to fall a bit, while in other news, weekly initial jobless claims remained at a five-month high. Too, a few quarterly earnings results out of retailers were weaker than expected.  All told, the Dow closed off by 55 points; the NASDAQlost21 points; and the S&P 500 was down five points, closing in the red for the third time in a row. 
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Daily Updates/ Market Daily Updates

Stock Market Today: November 8, 2019

11/08/2019 Stocksedged higher on Friday, with the major averages closing at record highs, even as some unfavorable trade news kept a lid on sentiment.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 1, 2019

11/01/2019 Stocks began the first session in November firmly to the upside, and the major U.S. indexes marched further into record territory. A slew of positive developments helped propel the markets higher.A strong jobs report got the ball rolling early on. The U.S. added 128.000 new positions in October, easily topping consensus estimates. The segments showing the biggest gains were leisure and hospitality,educationand health services, and professional and business services. Notably, the numbers would have been even stronger, were it not for the six-week GM strike, which erased 42,000 positions in the manufacturing sector. 
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Daily Updates/ Market Daily Updates

Stock Market Today: October 24, 2019

10/24/2019 The stock market started choppily today, as a slew of earnings reports hit the newswire. Specifically, the Dow Jones Industrial Average began the day lower, as lackluster quarterly results from 3M hurt the index. Each composite moved up and down in tandem, but the Dow spent the whole day in the red; the S&P 500 spent most of the day wavering between green and red; the NASDAQ was in the green the entire day. All told, the Dow closed lower by 28 points, the S&P 500 was up by six points, and the NASDAQ finished up 66 points.
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