Daily Market Blog

November 20, 2017

After two lower weeks, the DOW decided today that enough was enough. The index closed 72 points higher. It was assisted by advances in some of the recent leaders such as BA, CAT and 3M...stocks of the industrial variety along with IBM. The S&P 500 gained 3 today...

November 17, 2017

Today felt like the hangover after the big upside party yesterday. The DOW lost 100 points, the S&P 500 dropped 6, and the NASDAQ fell 10 by the closing bell. The Russell 2000 Index finished higher by 5 points today. The DOW was hurt by declines in WMT (after its...

November 15, 2017

Equities take a Ride on the Global Stock Slide...... Domestic stocks traded lower, joining a global equity slump as global market participants remain uncertain about the prospect of a successful overhaul of U.S. tax policy. Treasury yields were lower and the U.S....

November 13, 2017

After going lower last week for the first time in nine weeks, the major indices initially decided today that they wanted to continue the downward trend.  The DOW declined early in the session by as much as 79 points while the S&P 500 was lower by 8 and the NASDAQ...

November 10, 2017

The eight week winning streak for the DOW and S&P 500 ended today. At the closing bell, the DOW had dropped 39 points, the S&P 500 was down 2 points and the NASDAQ managed a fractional gain. Had a rally occurred late in the day to put these indices in the...

November 9, 2017

Stocks Log Losses as Senate Reveals Tax Plan..... U.S. stocks traded lower and Treasury yields gave up early gains and finished mixed as volatility rose ahead of today's release of the Senate's tax reform plan, which differed from the House's version in several areas....

November 8, 2017

With little in the way of news to sway the U.S. equity markets soundly in one direction or the other, stocks finished with modest gains, led again by the tech sector, after spending most of the day crowding the unchanged mark. Tax reform continued to garner attention...

November 7, 2017

Stocks Mixed in Lackluster Session..... U.S. equities finished mixed amid light economic and equity news. U.S. tax reform and global trade uncertainties continued to linger, as President Trump continued his tour of Asia. Treasuries were flat and the U.S. dollar...

November 6, 2017

Markets Continue to Notch Record Highs! U.S. equities were slightly higher, achieving more record highs, courtesy of strength in the technology and energy sectors. Crude oil prices rallied on turmoil in the Middle East amid a corruption crackdown in Saudi Arabia,...

November 3, 2017

The major indices closed at record highs again today. The DOW was up 22 points to finish at 23,539, the S&P 500 gained 8 to 2,587, and the NASDAQ was 49 points higher to 6,744 at the closing bell. It is the  ninth straight week of gains for the DOW and the S&P...

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