Daily Market Updates

February 26, 2019

Stocks traded in a choppy session today, boosted by a slight gain in the technology sector. The tech gains helped offset the early morning losses that came after weaker-than-expected Home Depot earnings, mixed economic data and testimony from the top-ranked Federal Reserve official. On the economic front, housing starts were weaker than expected, falling 11.2% in December and reached their lowest level since September 2016. Home prices also rose in December at… Read More ›

February 25, 2019

The markets pushed higher today after President Trump pushed back the March 1 trade deal deadline with China. He cited “substantial progress” in bilateral talks between the world’s two largest economies, including intellectual property protection and technology transfer issues. Trump and the Chinese President are discussing a late March meeting in Florida. Investor sentiment also cheered several acquisition announcements. At the end of the day, the markets have posted 9 straight weeks… Read More ›

February 22, 2019

After an 8-week 4000 point rally a 100 point sell off for the Dow Industrials yesterday had the index threatening to have a down week for the first time since before Christmas, but the market did rally today for a 9th straight week of gains for both the Dow and NASDAQ. The Dow opened +70 At the close: DOW +181 to 26032 S&P +18 to 2792 NASDAQ +68 to 7527 OIL +.20… Read More ›

February 21, 2019

Back to back low volume positive days to start the week, but today the market opened lower on the back of weaker than expected economic data and traded lower throughout the day. The Dow opened -50 At the close: DOW -104 to 25,850 S&P -10 to 2,775 NASDAQ -29 to 7,460 OIL -.25 to 56.90 GOLD -21 to 1327 In corporate news shares of Nike edged lower after the nation watched one… Read More ›

February 20, 2019

We began this holiday shortened week with a quiet day of trading yesterday and today the Dow opened the day unchanged and traded within a narrow range as everyone seems to be waiting for some news regarding a China trade agreement. At the close: DOW +63 to 25,954 S&P +5 to 2,785 NASDAQ +2 to 7,489 OIL +.80 to 56.90 GOLD -3 to 1342 In corporate news shares of CVS had rallied… Read More ›