Daily Market Commentary – May 16, 2019
Stocks finished higher Thursday as investors assessed a strong batch of corporate earnings reports and better than expected economic data. The Dow climbed 214 points, while the S&P 500 added 0.9%, its best three-day performance in two months. The Nasdaq Composite gained 1.0%. Trade updates remained in focus after President Trump signed an executive order […]
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 […]