Featured Commentary


Daily Updates/ Market Daily Updates

Stock Market Today: November 6, 2018

11/06/2018 The stock market started the trading day moving higher, as a slew of decent earnings reports were recorded before the opening bell. The Dow Jones Industrial Average rose by more than 150 points at midday, while the S&P 500 gained 15 points. The indices fell near 1pm, as traders pared their holdings ahead of midterm election results.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 5, 2018

11/05/2018 The stock market headed into the new week on Wall Street with a mixed, but somewhat constructive, showing. Specifically, the Dow Jones Industrial Average advanced roughly 191 points today. The broader S&P 500 Index moved up 15 points. However, the technology-heavy NASDAQlost 28 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 2, 2018

11/02/2018 Wall Street, which fashioned the proverbial hat trick during the middle of this week, with three consecutive impressive stock market rallies after a difficult rest of October, appeared on track to make it four in a row today. But in the end, the stock market could not generate enough strength to return to the green, thereby ending a frantic week on a modest down note.
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Highlights/ StockHighlights

Dow 30 Earnings: Apple Inc. Fourth Quarter Fiscal 2018

11/02/2018 Apple shares came under pressure on the heels of the tech giant's earnings report for the fourth quarter of fiscal 2018 (ended September 29th). Results for the period actually exceeded expectations, but guidance for the seasonally important December interim was on the lightside. And Wall Street appeared displeased with the company's decision to no longer disclose unit sales for its iPhone, iPad, and Mac platforms.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 29, 2018

10/29/2018 The stock market moved nicely higher earlier this morning, but gradually reversed course and headed into negative territory as the day progressed. At the close of trading, the Dow Jones Industrial Average was down 245 points; the broader S&P 500 Index was off 17 points; and the technology-heavy NASDAQ was lower by 117 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 23, 2018

10/23/2018 Earlier today, market action across several indices started with sharply lower trading. Indeed, the Dow Jones Industrial Average lost more than 548.62 points (compared to the previous close), while the S&P 500 index was down by 64.45 points. In addition, the NASDAQ hit correction territory (down 10%) from the all-time high set in August. And, the S&P 500 and NASDAQ closed below their respective 200-day moving averages. In all, the market ended moderately lower.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 19, 2018

10/19/2018 The stock market continued to trade in an unsettled fashion to end the week. Volatility has been high since the previous Wednesday as investors have had to weigh the effects of rising interest rates, tariffs, and potentially slowing global growth against the backdrop of corporate earnings season. Investors do not like uncertainty, and the increased number of factors that could cause trouble has not gone over well on Wall Street.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 16, 2018

10/16/2018 The major U.S. stock indexes started the day with a solid advance and, for the most part, built on that steady uptrend throughout the trading session. Economic news was largely upbeat today. Topping the list was the Labor Department’s report showing that job openings increased to a record 7.14 million in August, marking the highest point in decades. Elsewhere, the National Association of Home Builders said that its monthly confidence index was up a point in October, as housing demand remains solid.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 10, 2018

10/10/2018 The stock market opened lower this morning, giving way to a dramatic selloff in the afternoon. Of note, the major averages settled at their lows for the day, as the committed bulls and bargain hunters that usually show up, chose to stay on the sidelines. At the close of trading, the Dow Jones Industrial Average was down 832 points; the broader S&P 500 Index was off 95 points; and the technology-heavy NASDAQ was lower by 316 points.
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