Stock Market Today

Saturday, March 23 2019

Daily Updates

Stock Market Today: March 22, 2019

Harvey S. Katz, CFA and Robert Mitkowski | 03/22/2019

Stocks fell sharply to close the week on concerns over the health of the global economy. At the close, the Dow Jones Industrial Average dropped 460 points; the NASDAQ lost 196 points; and the S&P 500 sank 54 points. Market breadth affirmed the weakness on the major averages, as declining stocks easily outpaced advancing issues. Today’s troubles started overseas, where data showed an index of German manufacturing fell to its lowest level since 2012.

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Stocks Highlights

Dow 30 Earnings: NIKE, Inc. Third Quarter Fiscal 2019

Erik M. Manning | 03/22/2019

NIKE stock pulled back in early morning trading Friday after the footwear retailer released its February-period financials. Although quarterly sales and earnings both topped our and the Street's estimates, some underlying growth metrics from quarter to quarter and year over year gave investors reason to pause.

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Markets Commentaries

The Federal Reserve Leaves Interest Rates Unchanged And Suggests No Rate Hikes in 2019

Harvey S. Katz, CFA | 03/20/2019

The Federal Reserve has adjourned its latest FOMC meeting and gave somewhat concerned investors something to cheer about as the lead bank suggested that it would not increase borrowing costs this year.

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