Entries by m16UX

Daily Market Commentary – July 30, 2019

Stocks finished lower Tuesday as lingering trade tensions pressured sentiment. Top U.S. and Chinese negotiators resumed face-to-face talks, but expectations for a breakthrough were tempered after President Trump increased rhetoric against Beijing. The major averages pared declines, however, on news that President Trump had recently spoken with Chinese President Xi. The Dow dropped 23 points, […]

Daily Market Commentary – Wednesday, July 17, 2019

The major averages retreated for the second consecutive day from their all-time highs as investors digested key earnings reports. The Dow fell 115 points while the Nasdaq Composite declined 0.5%. The S&P 500 lost 0.7%, to close below the 3,000 point mark. The Industrials group paced the decline, with rail operator CSX slumping 10.3% after […]