Stock Market Today: May 26, 2020
The U.S. futures are pointing to a higher opening. Following the Memorial Day holiday, more states begin to reopen their economies from the coronavirus-related lockdowns. Too, investor sentiment is improving, thanks to hopes that a coronavirus vaccine would be found. Read more
Stock Market Today: May 22, 2020

Wall Street strode into the penultimate session of this week on something of a high note, having booked solid aggregate increases over the past three trading days. And it added to those gains in the first hour of trading yesterday, buoyed by solid quarterly earnings performances from some retailing chains. However, there was a continuing cloud over the market, and that was the steady drumbeat of millions of new layoffs. As this was Thursday morning, the Labor Department reported its latest weekly jobless claims figures.


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Stock Market Today: May 21, 2020
The U.S. stock market pressed higher yesterday on the reopening optimism as well as on hopes that a vaccine for COVID-19 would soon be found as another potential entrant into this arena surfaced, two days after Moderna (MRNA) entered the fray. We think additional candidates will emerge in the coming days, weeks, and months, as the battle to combat COVID-19 continues. Finally, after Wednesday's constructive session, the U.S. equity futures are suggesting some profit taking at the open this morning. Read more
Stock Market Today: May 20, 2020
The stock market, on a veritable tear to start the new trading week on Monday, as growing hopes for a vaccine to combat COVID-19, helped to fuel a stealth advance on the session, saw the Dow Jones Industrial Average climb back above 24,000, with an advance of 912 points. As to those vaccine hopes, they were led by Moderna (MRNA), and its supportive Phase 1 test results on a relatively small sample of individuals. The stock surged on that news, but retraced some of those gains yesterday. Read more
Stock Market Today: May 19, 2020
The U.S. stock market displayed notable strength yesterday, commencing the week on an upbeat note. Meanwhile, Wall Street continues to keep a careful eye on the coronavirus pandemic and its impact on the corporate sector. Traders are watching, as numerous states across the nation are starting to reopen for business. Looking to the day ahead, the S&P 500 futures are indicating a slightly lower opening.  Read more
Stock Market Today: May 18, 2020
As we pass the midpoint of May, the month is looking quite different from the previous 30-day stretch. Recall that the major equity indexes, which fell into bear territory in March as the coronavirus pandemic slammed the United States, bottoming on March 23rd, staged a tremendous rally in April. Read more
Stock Market Today: May 15, 2020

What a week it has been on Wall Street. To recap, after a ho-hum session to start the five-day span on Monday, the stock market moved into selling mode on Tuesday and Wednesday, with the Dow Jones Industrial Average, which had been on a veritable tear for weeks, losing 457 points and 517 points, respectively. Behind this selling were cautionary comments from infectious disease expert Dr. Anthony Fauci on Tuesday and economic warnings from Federal Reserve Chair Jerome Powell on Wednesday.


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Stock Market Today: May 14, 2020
After yesterday's market valuation and economic concerns and the prior session's disease worries, the equity futures moved somewhat higher in the hours immediately after the close, as Wall Street tried to put the brakes on this two-day setback. Traders clearly are hoping that this has been a brief interlude in a strong seven-week market comeback. As to the day ahead, after that buying flurry last evening, the equity futures now are pointing to a lower opening when trading resumes shortly. Read more
Stock Market Today: May 13, 2020

The stock market, which has made a V-shaped recovery since its March 23rd lows, was at it again yesterday morning, climbing modestly from the prior-session's close. Optimism about a reopening of the economy, even as the death toll from COVID-19 continues to rise, appears to be behind the market's comeback, which has thus far seen the Dow Jones Industrial Average jump from just over 18,000 to above 24,000. At its peak, the Dow was on the doorstep of 30,000. But that was before the world was changed by this pandemic.


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Stock Market Today: May 12, 2020
Stock trading was mixed yesterday. At the close, the Dow Jones Industrials ended the session with a loss of 109 points, the broader S&P 500 gained a fraction of a point, while the tech-heavy NASDAQ fared the best of the lot, advancing 71 points. As we look to the new day, U.S. stock futures are pointing to an up opening for the major indexes, following this morning’s report of a .8% decline in the Consumer Price Index for April, which was on target with expectations. Developments on the coronavirus front will undoubtedly continue to steer stocks in the weeks ahead. Read more
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