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Daily Updates/ Market Daily Updates

Stock Market Today: June 6, 2019

06/06/2019 After two days of strongly bullish action, the markets started trading quite choppily today, as the indices moved between the red and the black several times in the first portion of the session. We think this was partially caused by profit taking and traders being wary of taking on new positions ahead of Friday’s employment report. However, the indices started to move higher in the latter part of the day. This was partially attributable to the announcement that talks with Mexico were developing nicely. Still, the markets tapered off in the final few minutes of trading. All told, the Dow closed higher by 181 points, the S&P 500 was up 17 points, and the NASDAQ gained 40 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: June 4, 2019

06/04/2019 The markets started quite positively today, as investor sentiment improved overnight concerning potential trade progress with China. Additionally, U.S. Federal Reserve Chairman Jerome Powell stated that the Fed would be open to easing monetary policy. The rally continued though the end of the session and erased several days of losses. At the time of the market’s close, the Dow was higher by 512 points, the S&P 500 was up 59 points, and the NASDAQ increased 194 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 23, 2019

05/23/2019 The premarket started out much weaker today, as worries expanded about the growing tensions between China and the United States overnight. The Dow Jones Industrial Average futures were down by as many as 300 points, while the other composites were off in tandem. The negative sentiment carried on through the start of trading, and the market slid further. Still, the markets rebounded a bit into the final portion of the session, recovering some of the losses. All told, the Dow closed lower by 286 points, the S&P 500 finished down 34 points, and the NASDAQ fell 123 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 20, 2019

05/20/2019 Equities opened sharply lower this morning, recovered some ground in the early afternoon, but weakened again in the final hours of the day. Once again, tradersworried about deteriorating trade relations between the United States and China. More recently, the U.S. government ordered a ban on technology sales to Huawei, a leading corporation based in China. The move did not sit well with Wall Street, and likely ignited fears of a larger global slowdown. At the close of trading, the Dow Jones Industrial Average was down about 84 points; the broader S&P 500 Index was off 19 points; and the NASDAQ was lower by 114 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 14, 2019

05/14/2019 The stock market opened higher, as sentiment increased that a trade deal with China would be completed at some point. This caused the markets to trend in an upward fashion throughout the first portion of the session. In fact, the Dow Jones Industrial Average rose by around 340 points by noon, while the S&P 500 and NASDAQ were also along for the ride. In the afternoon, the trend moved from upward to sideways, though new highs for the session were made in the course of trading. Still, the composites tapered off in the final portion of the session. All told, the Dow gained 207 points, the S&P 500 finished higher by 23 points, and the NASDAQ was up 87 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 13, 2019

05/13/2019 The stock market opened dramatically lower this morning, and was unable to meaningfully reverse direction in the afternoon. In fact, few bargain hunters seemed willing to step in and support stocks, suggesting sentiment has turned cautious. Clearly, investors have become worried that trade relations between the U.S. and China are rapidly eroding. At the end of trading today, the major averages were deep in negative territory. The Dow Jones Industrial Average was down roughly 617 points; the S&P 500 Index was off 70 points; and the NASDAQ was lower by 270 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 6, 2019

05/06/2019 The stock market opened dramatically lower this morning, as investors worried that trade negotiations between the United States and China might be souring. Meanwhile, the negotiations are ongoing and may still make some progress. It should be noted that stocks did manageto recover some ground in the afternoon, and this was an encouraging development. At the end of the trading, the Dow Jones Industrial Average was down roughly 66 points; the S&P 500 Index was off 13 points; and the NASDAQ was lower by 41 points.
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Stock Market Today: May 3, 2019

05/03/2019 The major U.S. stock indexes started today’s session on a solid note, and the uptrend was largely maintained throughout the entire session, snapping a two-day losing streak for the market.Trading got off to a strong start following a better-than-expected jobs report. Altogether, the country added 263,000 positions in April, driving the unemployment rate down to 3.6%, marking its lowest level in 49 years.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 2, 2019

05/02/2019 The marketstarted lower today.Stocks continue to slide in reaction to yesterday’s Federal Reserve meeting. Chairman Powell suggested that there would not be an interest-rate cut in the near future. However, the selloff then accelerated, and the Dow Jones Industrial Average fell by as many as 250 points. The other indices were lower in tandem. All told, the Dow closed lower by 122 points, the S&P 500 fell by six points, and the NASDAQ was off by 13 points.
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