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Daily Updates/ Market Daily Updates

Stock Market Today: January 25, 2021

01/25/2021 The major equity averages turned in another solid performance last week. During the abbreviated four-day trading stretch—the market was closed last Monday for the MLK holiday—the charge higher was led by the NASDAQ Composite, which surged 4.2% on the strength of the technology stocks. But it was not just technology, as the Dow Jones Industrials and the S&P 500 Index were in record territory, and the small-cap Russell 2000 continued its ascent that commenced in earnest last fall. The move higher comes despite a continued spike in COVID-19 cases, increased shutdowns, and uneven, at best, data on the U.S. economy.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 12, 2021

01/12/2021 The stock market started to the downside yesterday. Though there was some reversal in middle of the day, it did not take hold. The major market averages closed the day in the red. After the closing bell, the futures market showed some signs of a rebound from the day’s losses. Though this movement was choppy throughout the night, the futures markets finished decidedly green, suggesting a positive start to the trading day. Overall, we think that most traders will be looking towards any developments with the coronavirus, its vaccine distribution, and the political situation at home.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 11, 2021

01/11/2021 The first trading week of 2021 looked very much like most of the weekly sessions during the final quarter of last year. That is with the major equity averages pushing higher despite seemingly looking at a wall of worry. The ongoing and intensifying coronavirus pandemic, an economy that is showing some signs of stress (more below), and election results from Georgia last week that did not produce the divided government that many Wall Street participants were hoping for could not slow the bulls.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 22, 2020

12/22/2020 Stocks began the holiday-shortened trading week with a volatile session, as recent developments pulled investors in opposite directions. On the negative side of the ledger, the U.K. reported a new, faster-spreading strain of the coronavirus, which triggered stricter lockdowns and travel bans throughout Europe. On the positive side, a long awaited second COVID-19 stimulus deal was approved by Congress. As we look to the new trading day, stock futures are pointing to a mostly up open for the major indexes.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 4, 2020

11/04/2020 The election is over, and after many months of highs and lows, elevated drama, hyper-partisanship, and bitter campaigning, the verdict is in, or is it. Actually, the morning after Election Day finds the Presidential verdict not yet rendered in any official way. One thing is for certain, this will be a tight result however it ultimately comes out. And it could be hours, days, or even weeks before we get a definitive result. 
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Daily Updates/ Market Daily Updates

Stock Market Today: October 15, 2020

10/15/2020 The current trading week on Wall Street started out on a positive note, with the major averages posting nice gains on Monday. However, the bulls have been quiet since, with the indexes retracing those advances and then some over the last two days. Before the market’s open, the equity futures point to a continuation of the selling that picked up at the end of yesterday’s session. The primary culprit is COVID-19.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 14, 2020

10/14/2020 Following a stellar start to an often volatile, but frequently rather positive, month of October, including another sizzling performance on Monday, the stock market took a modest stepback yesterday, with losses in the Dow Jones Industrial Average, the S&P 500 Index, and the NASDAQ. Much of the shortfall, which came to 158 points in the Dow, reflected some softness in the financial and industrial sectors. Still, even after yesterday's setback, the blue chips still are just about flat on the year, despite a monumental collapse in late March as the coronavirus swept the globe.
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Daily Updates/ Market Daily Updates

Stock Market Today: October 5, 2020

10/05/2020 The name of the game on Wall Street these days is volatility. The major equity averages have been prone to swift, and at many times pronounced movements since the early trading days of September. Behind the recent moves has been uncertainty on a number of issues, a backdrop that is not viewed kindly by investors and can often lead to some notable selling.
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Daily Updates/ Market Daily Updates

Stock Market Today: July 15, 2020

07/15/2020 After a topsy-turvy equity market session on Monday in which the major indexes roared out to a strong first half of the day before wilting near the close on new coronavirus fears, thestock market came back to push forward nicely yesterday morning. Once more it was optimism about corporate earnings and some hopes that despite the difficult news on the COVID-19 front that the recent reopening of the economy would continue with few interruptions. Unlike Monday, though, stocks did not falter late in the day.
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