Entries by m16UX

Daily Market Commentary – Monday, May 6, 2019

The major averages declined, but closed well above their morning lows as investors digested fresh trade news. The Dow fell 66 points to 26,438. The S&P 500 dipped 0.4% to 2,932 while the Nasdaq Composite dropped 0.5% to 8,123. Trade concerns weighed on investor sentiment after President Trump tweeted Sunday that the current 10% tariffs […]

Daily Market Commentary – Friday, April 26, 2019

Stocks finished higher Friday. The Dow added 81 points to 26,543, while the S&P 500 gained 0.5% to 2,939. The Nasdaq Composite climbed 0.3% to 8,146. The S&P 500 and Nasdaq Composite each closed at fresh record highs as investors assessed economic updates and corporate earnings releases. On the data front, the initial U.S. GDP […]

Daily Market Commentary – Tuesday, April 23, 2019

Stocks finished higher Tuesday. The S&P 500 gained 0.9% to close at an all-time high of 2,933. The Nasdaq Composite was up 1.3% to record level at 8,120. The Dow advanced 145 points to 26,656. It was the first record close for the S&P 500 since September, as positive earnings results from several key companies […]