Markets / Commentaries
Stock Market Today: July 30, 2021
Adam Rosner | 7/30/2021
The U.S. stock market put in a constructive session yesterday, as investors seemed comfortable with the current economic outlook and the Federal Reserve’s monetary policy. However, after the closing bell, the mood darkened when e-commerce giant Amazon.com (AMZN) released a mixed report.
Markets / Commentaries
Stock Market Today: July 29, 2021Robert Mitkowski | 7/29/2021
Stock futures are pointing to a flat-to-somewhat higher opening following a couple of disappointing economic reports this morning. The initial second-quarter GDP reading of 6.5% was less than the 8.5% expected. Initial weekly jobless claims of 400,000 also came in above the 385,000 estimate.
Markets / Commentaries
Stock Market Today: July 28, 2021Mario Ferro | 7/28/2021
Stocks opened lower yesterday and, despite mustering a bit of a late-day rally, ended the session in the red, breaking a five-day winning streak. Following a string of record highs for the major indexes, developments on the coronavirus front took some of the wind out of the market’s sails.
Markets / Commentaries
Stock Market Today: July 27, 2021John E. Seibert III | 7/27/2021
The stock market started unevenly yesterday, as concerns about the Delta variant of the coronavirus were offset by improving optimism about second-quarter earnings results at several large companies. After the initial choppiness, the Dow Jones Industrial Average rose steadily throughout much of the day, while the other indices followed suit higher.
Markets / Commentaries
Stock Market Today: July 26, 2021Adam Rosner | 7/26/2021
The U.S. stock market is sitting near record high ground, as we commence a new week on Wall Street. Investor sentiment remains relatively positive, reflecting an improved outlook for the economy and a healthier corporate sector. However, the Delta variant of the coronavirus is starting to create sizable challenges in parts of the country, and this is of some concern.
Markets / Commentaries
Stock Market Today: July 23, 2021Robert Mitkowski | 7/23/2021
The bulls on Wall Street had their mettle tested this week, and showed renewed conviction following Monday’s sharp selloff. Strong corporate earnings have helped to restore confidence. Worries that the economic recovery may be diminished by a rising number of cases of the Delta coronavirus variant increased volatility significantly to start the week. Looking to the day ahead, stock futures are pointing to a higher start ahead of the opening bell on encouraging earnings.
Markets / Commentaries
Stock Market Today: July 22, 2021William G. Ferguson | 7/22/2021
The U.S. stock market has been on a rollercoaster ride over the last four trading sessions. Investors continue to weigh concerns about the Delta variant strain of the coronavirus and what impact it may have on the near-term performance of the U.S. economy against a strong showing from Corporate America during the ongoing second-quarter earnings season.The equity futures are pointing to a mixed opening for Wall Street.
Markets / Commentaries
Stock Market Today: July 21, 2021Adam Rosner | 7/21/2021
The U.S. stock market staged an impressive rally yesterday, as investors turned their attention to the economy and shrugged off concerns about the coronavirus. Of note, the Delta variant (a highly contagious version of the virus) has been presenting health challenges lately, and some parts of the country have imposed restrictions, as a result. No doubt, Wall Street will be monitoring the situation closely in the weeks ahead. Meanwhile, the second-quarter earnings season has commenced, and investors have been busy sifting through numerous corporate reports. On our shores, the U.S. equity futures are mixed, suggesting a similar start to the day.
Markets / Commentaries
Stock Market Today: July 20, 2021John E. Seibert III | 7/20/2021
The stock market started poorly yesterday, as fears increased about the rising spread of the Delta variant of the coronavirus. Traders thought this would slow the economy's growth and lead to the resumption of restrictions that state governments previously enacted.