Daily Market Updates

July 27, 2015

U.S. Stocks traded lower Monday as the continued decline in commodities and an overnight plunge in Shanghai stocks pressured investor sentiment.  Chinese stocks extended Friday’s losses with the Shanghai Composite dropping nearly 8.5% to post its largest one-day loss since 2007.  In economic news, June durable goods data showed an increase of 3.4%, beating expectations.  At the close, Dow -127 @17440 S&P 500 -12 @2067 Nasdaq -48 @ 5039 Gold finished higher… Read More ›

July 24, 2015

US stocks traded lower for yet another day this week despite surprisingly strong Amazon earnings, as signs of slower global growth weighed on sentiment.  In China, the flash manufacturing PMI for July came in at a 15 month low and commodities continued their selloff lower.  Earnings remain in focus in the US and haven’t excited investors as revenues continue to come in weak.  At the end of the day, the major averages… Read More ›

July 23, 2015

US stocks traded lower today after initially attempting gains as investors focused on a slew of mostly lackluster earnings reports.  There were some big companies moving things around, including results from 3M, General Motors and 3M.  At the end of the day, the major indices couldn’t pull into the green and closed in the red across the board: DOW  -118 to 17732 SP500   -11 to 2102 NASDAQ    -25 to 5146 10 year Treasury… Read More ›

July 21, 2015

The Dow fell triple digits to below 18,000 as lackluster earnings reports in some Dow components pressured investor sentiment.  The markets overall had pressure to the downside, closing in the red across the board: DOW  -181 to 17919 SP500   -9 to 2119 NASDAQ    -10 to 5208 10 year Treasury rate closed up 4 basis points at 2.34% Gold prices closed -8.80 to 1098.00 an ounce Oil prices closed +.38 to 50.82 a barrel… Read More ›

July 20, 2015

US stocks traded slightly higher today, following a record close last week on the Nasdaq, as investors focused on earnings reports.  Nearly 24% of the SP500 companies are scheduled to report earnings this week and investors will watch closely for signs on the health of the US economy.  At the end of the day, the major indices did close in the green across the board: DOW  +13 to 18099 SP500   +1 to 2128… Read More ›