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Daily Updates/ Market Daily Updates

Stock Market Today: August 6, 2020

08/06/2020 The stock market's winning ways continue, with yesterday's strong upturn being Wall Street's third in as many days this week. And once again the strength was most pronounced in the Dow Jones Industrial Average. That is a turnabout of sorts, as the blue chips mostly have lagged the other large-cap composites (the S&P 500 Index and the tech-driven NASDAQ) for much of this year. Yesterday, though, the Dow, lifted by a stronger-than-expected quarterly earnings performance from Walt Disney (DIS), led the way forward. Now, this morning, the Labor Department reported a welcome drop in new jobless claims to 1.2 million for the latest week.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 5, 2020

08/05/2020 Another day, another morning's rise for the U.S. stock market. Equities stayed on a winning track through most of the day yesterday into the close, with the Dow ending up a session-best 164 points. More modest gains were tabulated by the S&P 500 and the NASDAQ. Now, looking out at a new day, and following generally narrow advances by the U.S. equity futures last evening and ahead of key economic reports today, tomorrow, and Friday, the equity futures now are pointing to a nicely higher opening when trading resumes.
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Daily Updates/ Market Daily Updates

Stock Market Today: August 4, 2020

08/04/2020 The U.S. stock market moved nicely higher yesterday, starting the new week on Wall Street on an upbeat note. Overnight, the international markets managed to make some progress. In Asia, the Nikkei put in a strong session, while in Europe, the FTSE 100 delivered a less impressive performance. On our shores, though, the equity futures are pointing to a softer opening.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 6, 2020

05/06/2020 Looking out at a new day now, and after a second win for the bulls in as many days, we see that the stock market is poised to open this morning to the upside on optimism about the pending reopening of the economy. And fears about a second wave of coronavirus cases, as restrictions on the business community are loosened, which could prompt new disease outbreaks, may hold stocks back from even bigger gains. Plus, Wall Street may have concerns now about rising tensions between the United States and China, as our country has been threatening new tariffs on China over its handling of the coronavirus epidemic.
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Daily Updates/ Market Daily Updates

Stock Market Today: May 4, 2020

05/04/2020 The month of April was a historic one for the U.S. stock market, with the major equity averages delivering their biggest one-month gains in more than three decades. However, the bullish month ended on a cloudy note and the first trading day of the new month did not bring May flowers for investors. Meanwhile, the selling is likely to resume this morning, as investors focus on reports of escalating tensions between the United States and China over the latter country’s role in the coronavirus pandemic.
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Daily Updates/ Market Daily Updates

Stock Market Today: April 13, 2020

04/13/2020 Wall Streetended the recent holiday-shortened trading weekwith yet one more advance, securing a solid wire-to-wire win for stocks on the strength of somewhat less-frightful disease projections for the United States in the weeks to come, higher oil quotations, and the adoption of an even more aggressive monetary stance by the Federal Reserve. Now, this morning, the futures are pointing to a softer opening, albeit just modestly so, when trading resumes shortly.
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Daily Updates/ Market Daily Updates

Stock Market Today: March 25, 2020

03/25/2020 Yesterday was the best day for stocks since 1933 in percentage terms, with the gain for the Dow Industrials of 2,113 being the largest ever. Moreover, the S&P 500 would tack on 210 points and the NASDAQ would jump 557 points. Stock gains were largely a result of the passage of a stimulus package. The bill came to fruition in the early hours of the morning. Still, as we look ahead to a new day and after yesterday's fireworks, the U.S. futures are pointing to a slightly lower start this morning, despite the stimulus package.  
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Daily Updates/ Market Daily Updates

Stock Market Today: March 19, 2020

03/19/2020 Yesterday’s full-day selloff says that the Street is still under intense pressure from fears about COVID-19. The late buying says that there is the potential for a sizable comeback at any point as stocks are way oversold. Looking out to a new day and after some initial strength in the futures last night, these indicators again have turned negative, suggesting a weaker opening when trading resumes this morning.
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Daily Updates/ Market Daily Updates

Stock Market Today: March 6, 2020

03/06/2020 One day after the stock market had surged for the second time in three sessions, with the Dow Jones Industrial Average climbing almost 1,200 points on Wednesday, the sellers were back. To recap the week, on Monday, news that the world's central banks were intervening to limit the damage from the coronavirus, sent stocks surging. Then, on Tuesday, a 50 basis-point cut in the federal funds rate target by the Federal Reserve brought back the sellers, as investors became frightened by such dramatic action.
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