Entries by m16UX

Market Commentary – Wednesday, August 15, 2018

Stocks finished firmly lower Wednesday. The Dow fell 137 points to 25162 while the S&P 500 lost 21 points to 2818. The Nasdaq Composite slipped 96 points to 7774. The major averages declined as renewed geopolitical concerns pressured commodities and disappointing earnings from the Tech sector weighed on global equity markets. Turkey announced a doubling […]

Market Commentary – Tuesday, August 14, 2018

Stocks finished higher Tuesday. The Dow added 112 points to 25299, while the S&P 500 advanced 18 points to 2839. The Nasdaq Composite gained 51 points to 7870. The Dow and S&P 500 snapped four-day losing streaks as strong corporate earnings outweighed lingering geopolitical concerns. As second-quarter earnings season is nearing its conclusion, 79 percent […]

Market Commentary – Monday, August 06, 2018

Stocks finished higher Monday. The Dow added 39 points to 25502 while the S&P 500 gained 10 points to 2850. The Nasdaq Composite climbed 47 points to 7859. The major averages started the week off on a positive note as strong corporate earnings reports outweighed lingering trade tensions. According to FactSet, with 81% of S&P […]

Market Commentary – Friday, August 03, 2018

The major averages finished higher Friday. The Dow added 136 points to 25462 while the S&P 500 gained 13 points to 2840. The Nasdaq Composite advanced 9 points to 7812. The S&P 500 posted its fifth consecutive weekly gain as investors digested updates on trade and the economy. In geopolitics, China proposed retaliatory tariffs on $60 […]

Market Commentary – Thursday, August 02, 2018

Stocks finished mixed Thursday. The Dow lost 7 points to 25326, while the S&P 500 gained 13 points to 2827. The Nasdaq Composite climbed 95 points to 7802. The major averages fluctuated as investors weighed strength in the Tech sector against lingering trade uncertainty. In geopolitical news, the U.S. announced the possibility of an additional […]