Daily Market Updates

April 26, 2019

Stocks rebounded today as investors digested a much better than expected 1Q GDP read. The 3.2% growth for the 1Q that was reported blew past expectations for 2.5%. Robust economic reports around the world have prompted analysts to revise their forecasts for expansion and the latest Reuters poll is annualized growth of 2%. Separately, earnings remained in focus in this busy week of releases. Here’s a look at how the major indices… Read More ›


April 25, 2019

Today was one of those days where the 30 stock Dow Industrial average you see on TV at night did a poor job of mimicking the overall market. A 13% plunge in Dow component 3M, its worst day in 32 years, sent the Dow lower while the overall market closed higher. At the close: DOW -135 to 26,462 S&P -1 to 2,926 NASDAQ +16 to 8,118 OIL -.80 to 65 GOLD +1… Read More ›


04/24/2019

Stocks declined today, with every major index ending in negative territory. In economic news, the U.S. announced it will send a high-level delegation to Beijing next week as trade negotiations continue, while U.S. treasury yields fall amid softer economic data. Here’s a look at how the major indices finished the day:   Dow -57 at 26,597 S&P 500 -6 at 2,927 NASDAQ -18 at 8,102   The 10 Year Treasury closed down… Read More ›


April 23, 2019

Quarterly earnings reporting season is in full swing and earnings have generally been better than expected but there has been little market reaction until today. Strong earnings from several major companies today sent the major averages to new 2019 highs and within a whisker of the all-time highs. At the close: DOW +145 to 26,656 S&P +25 to 2,934 NASDAQ +105 to 8,121 OIL +.75 to 66.30 GOLD -3 to 1274 In… Read More ›


04/22/2019

Stocks began the week mixed, with the S&P and NASDAQ finishing in positive territory. In economic news, treasury yields move higher ahead of home sales data, while existing-home sales slide nearly 5% in March. Here’s a look at how the major indices ended the day:   Dow -47 at 26,511 S&P 500 +3 at 2,907 NASDAQ +17 at 8,015   The 10 Year Treasury closed up 3 basis points yielding 2.59% Oil… Read More ›