Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: August 14, 2018

08/14/2018 The stock market opened higher this morning, managed to extend its gains through much of the afternoon, before easing slightly in the final hour of the session. At the close of trading, the Dow Jones Industrial Average was ahead 112 points; the broader S&P 500 Index was up 18 points; and the NASDAQ was higher by 52 points. Market breadth showed broad support for equities, with advancers ahead of decliners by a wide margin on the NYSE.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 10, 2018

08/10/2018 Stocks fell, but finished off their session lows, to close the week as financial instability overseas raised anxieties about the disruptionspreading to these shores. At the end of the day, the Dow Jones Industrial Average dropped 196 points; the NASDAQ declined 53 points; and the S&P 500 slipped 20 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 3, 2018

08/03/2018 Stocks ended the first Friday in August on a mostly upbeat note. At the close, the Dow Jones Industrial Average was up 136 points and the S&P 500 rose 13 points, but the NASDAQ lagged, rising only nine points. In terms of market breadth, winners moderately outpaced losers on the Big Board, but the reverse was true on the NASDAQ.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 2, 2018

08/02/2018 Equities opened lower this morning on global trade concerns, especially with China, but reversed course as the session progressed. At the close of trading, the Dow Jones Industrial Average was down almost eight points; the S&P 500 Index was ahead 14 points; and the NASDAQ, which forged ahead, gained 95 points. Market breadth showed a divided session, with advancers narrowly ahead of decliners on the NYSE.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 1, 2018

08/01/2018 Ramped up trade-related fears and the most recent statement on monetary policy by the Federal Reserve sent the major market averages mostly lower on Wednesday. Despite the strong start to the session, which seemed to presage a continued rebound by each of the large-cap composites, economic and geopolitical concerns offset a mostly positive output from Corporate America’s ongoing quarterly earnings season. Though losses temporarily narrowed somewhat in the final hour or so, the number of declining issues nearly doubled advancing shares.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Third Quarter Fiscal 2018

08/01/2018 Shares of Dow-component Appleare being bid up by investors, to a fresh 52-week high, after the tech behemoth posted better-than-expected results for the third quarter of fiscal 2018 (year ends September 29th) and provided an upbeat view of its near-term prospects. For the period, earnings came in at $2.34 a share, nicely ahead of our $2.18 estimate and an impressive 40% above the year-earlier tally.
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Daily Updates/ StockHighlights

Stock Market Today: July 30, 2018

07/30/2018 On a Monday that featured an even distribution of advancing and declining issues, the major large-cap indexes slipped lower. Concerns emanating from the technology sector, where weak results from a slew of bellwethers and unsavory news items is contributing to an ever-uncertain industry backdrop.  The NASDAQ accordingly registered the steepest decline, while the Dow and S&P 500 spent the majority of the session modestly in the red.
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Daily Updates/ Market Daily Updates

Stock Market Today: July 13, 2018

07/13/2018 After a brief dip early in the session, stocks moved nicely into positive territory, but trading became mixed late in the afternoon. Investors probably breathed a sigh of relief this morning after the Federal Reserve, in its semi-annual report to Congress, indicated that it saw no need to step up the pace of interest rate hikes. Despite a strengthening labor market and the threat of tariffs, the lead bank sees inflation remaining near its target rate through at least 2020. The market also put trade issues on the back burner, as earnings season got going in earnest.
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Daily Updates/ Market Daily Updates

Stock Market Today: July 5, 2018

07/05/2018 Stocksopened higher this morning, and despite a few brief pullbacks, managed to strengthen through the afternoon. At the end of the session, the Dow Jones Industrial Average was up 182 points; the broader S&P 500 Index was ahead 23 points; and the NASDAQ was higher by nearly 84 points.
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