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Highlights/ StockHighlights

Dow 30 Earnings: The Walt Disney Company First Quarter Fiscal 2020

02/05/2020  Wall Street sentshares of entertainment and mediaconglomerate The WaltDisney Company upwarddespite a slip in profitability, as investors seemed pleased with the company’s improved business prospects.
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Daily Updates/ Market Daily Updates

Stock Market Today: February 4, 2020

02/04/2020 The major U.S. equity indexes spent much of the first trading session of February and the new week retracing some of last Friday’s outsized losses. The Dow Jones Industrial Average, the NASDAQ Composite, and the broader S&P 500 Index started the session with perhaps some bargain hunting and then quickly moved higher, with the index of the 30 bellwether companies up nearly 350 points less than an hour into trading. The equity averages, including the Dow 30, did pull back a bit over the course of the session, but were able to erase a portion of Friday’s setback by the closing bell.  
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Daily Updates/ Market Daily Updates

Stock Market Today: February 3, 2020

02/03/2020 The stockmarketopened nicely higher, softened later in the morning, but still managed to hold onto some of its gains through the afternoon. Investor sentiment seemed a bit more upbeat earlier today, even though the Coronavirus remains a key area of uncertainty. Perhaps, some traders on Wall Street are hoping that the illness can be contained, and that a medical cure will soon be presented. At the close of today’s session, the Dow Jones Industrial Average was ahead almost 144 points; the broader S&P 500 Index was 23 points, and the technology-heavy NASDAQ was higher by 122 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: January 3, 2020

01/03/2020 The market futures started out slightly positively for a brief spell last night as a continuation of yesterday’s rally seemed likely today. However, once news broke that the United States military had killed General Qassem Soleimani of Iran in a drone strike, the futures market fell quickly, while oil prices rose as much as 4% overnight. Traders were unclear how and when Iran would respond and how this affects the geopolitical climate.
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Daily Updates/ Market Daily Updates

Stock Market Today: December 4, 2019(2)

12/04/2019 The stock market opened nicely higher this morning, and managed to build on these gains through much of the afternoon. Sentiment improved quite a bit today, fueled by reports that trade negotiations with China were still progressing. At the end of the session, the Dow Jones Industrial Average was ahead 149 points; the broader S&P 500 Index was up 20 points; and the NASDAQ was higher by 46 points. Market breadth showed that the bulls were back in control, with almost all of the major equity sectors pressing ahead. Today’s advance was encouraging, as it followed a number of weak sessions, and might suggest that the market is regaining some footing. Elsewhere, investors shrugged off a couple of soft economic reports this morning, as they were busy concentrating on global issues. Looking ahead, the November employment report is due out on Friday, and that issuance will likely receive a good deal of attention.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 19, 2019

11/19/2019 The stockmarket put in a mixed session today, as traders digested the latest batch of corporate earningsannouncements, and kept an eye on developmentsoverseas. At the end of the day, the Dow Jones Industrial Average was down 102 points; the broader S&P 500 Index was off two points; but the NASDAQ was higher by 21 points.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 15, 2019

11/15/2019 The markets began the day with a push to the upside, and stocks went on to set all-time highs. On the economic front, the U.S. Census Bureau estimated that October retail sales were up 0.3% from the previous month and 3.1% higher than the year before. Elsewhere, industrial production took a hit last month, falling 0.8%. This marked the largest drop since May of last year. However, much of that was due to the 40-day work stoppage at General Motors (GM). Excluding the auto industry, production would have been down 0.5%, in line with consensus expectations.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 14, 2019

11/14/2019 The futures market started in the red today, as a slew of companies released quarterlyearningsreports, both after the bell yesterday and before the open today.  Throughout the day, the composites were choppy, as they reacted to news reports, including one that the Speaker of the House, Nancy Pelosi, stated that a breakthrough on the USMCA could be imminent. Still, the market has benefited from several days of upward momentum, and it appears that traders were taking profits throughout the day, causing mixed price performances by the stock exchanges. However, the markets trended back to about breakeven in the final portion of the session, and the S&P 500 reached an all-time high by the close. All told, the Dow closed down two points, the S&P 500 was higher by three points, but the NASDAQ was lower by three points.
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Daily Updates/ Market Daily Updates

Stock Market Today: November 13, 2019

11/13/2019 The stock market put in a mixed-to-positive session today. Of note, traders seemed less certain that a trade deal between the U.S. and China would be signed in the near future. The constantly shifting situation has been playing itself out in the market for some time now, and this may continue to be the case in the weeks ahead. At the end of trading, the Dow Jones Industrial Average was ahead 92 points; the broader S&P 500 Index was up two points; while the NASDAQ was lower by four points. Market breadth was neutral, with winners just ahead of losers on the NYSE. From a sector perspective, the utilities and the consumer names pressed ahead, while the basic materials issues retreated.
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