Daily Market Updates

February 9, 2018

After the 1,000 point slide in the Dow Jones Thursday, U.S. Stocks rebounded to close in the green Friday…a day after the 30-stock index and S&P500 fell into correction territory. The recent turmoil in equities began last Friday, when the Dow fell 665 points after a better-than-expected jobs report ignited inflation fears.  Trouble with securities called exchange-traded notes that decline in value when volatility increases helped create more turmoil in the markets… Read More ›

February 7, 2018

U.S. Stocks traded in a wide range again on Wednesday, as Wall Street tried to build on the strong gains set in the previous session. The choppy moves came after three volatile sessions in which fear of rising inflation sent interest rates higher, pressuring equities after reaching record highs on January 26th.  In corporate news, earnings season remained in full swing Wednesday with Hasbro and Michael Kors reporting before the bell.  Investors… Read More ›

February 6, 2018

The last few days have put investors’ emotions to the test with wild swings and increased volatility.  Following the 2 day selloff of more than 1700 points, the Dow spent today all over the map and continued on its roller coaster of a ride.  The markets opened down over 550 points and surged to 500 points positive at the highs of the day.  There was no particular piece of news that moved… Read More ›

February 5, 2018

Today’s markets followed Friday’s selloff by plunging more than 1500 points during the days’ session.  Stocks have been pressured by a fast rise in interest rates last week on increasing inflation concerns.  The markets did close off the lows of the day, but still deep in the red across the board.  It is important to understand the markets are now trading flat for the year after the recent steep selloff.  Here’s a… Read More ›

February 2, 2018

After logging a strong start to the year, stocks plunged today, posting the worst week for stocks in 2 years.  The stronger-than-expected jobs report sent interest rates higher, with the benchmark 10-year Treasury yield rising to 2.85%.  The US economy added 200,000 jobs in January while wages rose 2.9% on an annualized basis.  The biggest concern among investors today surrounded rising inflation and interest rates.  At the end of the day, the… Read More ›