Market Review: February 26, 2021

Closing Recap Friday, February 26, 2021 Index Up/Down % Last DJ Industrials -475.17 1.51% 30,926 S&P 500 -18.49 0.48% 3,810 Nasdaq 72.91 0.56% 13,192 Russell 2000 0.87 0.04% 2,201   Equity Market Recap Stocks end the day lower after a rocky session saw morning gains being sold off before rebounding, though the bounce lost steam in the final 5 minutes … Read More

Mid-Morning Look: February 26, 2021

Mid-Morning Look Friday, February 26, 2021 Index Up/Down % Last   DJ Industrials -289.55 0.92% 31,112 S&P 500 -7.68 0.20% 3,821 Nasdaq 36.82 0.28% 13,156 Russell 2000 -28.05 1.27% 2,172     Stocks opened higher as investors attempted to buy yesterday’s weakness, with the Nasdaq Composite rising more than 1.25% initially along with gains for other major averages…but markets quickly … Read More

Weekly Event Calendar: 03/01/2021 – 03/05/2021

What’s on Tap Weekly Calendar   Monday March 1st Economic Calendar:  ·     9:45 AM EST               Markit Manufacturing PMI-F ·     10:00 AM EST             Construction Spending MoM for Jan ·     10:00 AM EST             ISM Manufacturing PMI, for Feb   Earnings Calendar: ·     Earnings Before the Open: ASTE, ATNX, AXSM, BHVN, CDLX, CORE, FOLD, HGV, HNI, MIDD, NOVT, NRG, RETA, SSYS, TGNA, WKHS, XHR, XRAY ·     Earnings After the Close: ADVM, … Read More

Morning Preview: February 26, 2021

Early Look Friday, February 26, 2021 Futures Up/Down % Last Dow -160.00 0.51% 31,211 S&P 500 -14.25 0.38% 3,813 Nasdaq -87.50 0.68% 12,745     U.S. futures are edging lower despite a slowing of rising bond yields, extending losses after stocks suffered their worst day in weeks on Thursday amid rising inflation fears, as the tech sector was hit the … Read More

Market Review: February 25, 2021

Closing Recap Thursday, February 25, 2021 Index Up/Down % Last DJ Industrials -561.36 1.76% 31,400 S&P 500 -96.18 2.45% 3,829 Nasdaq -478.54 3.52% 13,119 Russell 2000 -84.17 3.68% 2,200   Equity Market Recap ·     Ugly day on Wall Street as several moving parts led to massive volatility in equity markets, with attention on: surging Treasury yields (10-yr briefly topped 1.6%, rising … Read More

Mid-Morning Look: February 25, 2021

Mid-Morning Look Thursday, February 25, 2021 Index Up/Down % Last   DJ Industrials -171.36 0.54% 31,790 S&P 500 -34.95 0.89% 3,890 Nasdaq -162.47 1.19% 13,438 Russell 2000 -12.44 0.54% 2,271     Markets sliding after massive gains Wednesday in what was an extremely busy morning of earnings, economic data, and additional focus on the rise in Treasury yields, with the … Read More

Morning Preview: February 25, 2021

Early Look Thursday, February 25, 2021 Futures Up/Down % Last Dow 13.00 0.04% 31,929 S&P 500 -11.25 0.28% 3,911 Nasdaq -121.50 0.91% 13,180     U.S. futures are looking mixed following a massive rebound Wednesday, with high valuation tech companies seeing the most selling pressure early as the 10-year yield marches to its highest level this year, up 6 bps … Read More

Market Review: February 24, 2021

Closing Recap Wednesday, February 24, 2021 Index Up/Down % Last DJ Industrials 424.51 1.35% 31,961 S&P 500 43.98 1.13% 3,925 Nasdaq 132.77 0.99% 13,597 Russell 2000 53.08 2.38% 2,284   Equity Market Recap ·     Stocks jump as yesterday’s morning mini flash crash is all but a memory, as major U.S. averages were paced by record high totals in the Dow Jones … Read More

Mid-Morning Look: February 24, 2021

Mid-Morning Look Wednesday, February 24, 2021 Index Up/Down % Last   DJ Industrials 35.51 0.11% 31,572 S&P 500 -2.67 0.07% 3,878 Nasdaq -92.29 0.69% 13,371 Russell 2000 9.70 0.44% 2,241     Stocks slide after looking modestly higher overnight; Major averages open lower after the 10-year Treasury yield jumped above 1.4%, renewing fears of rising rates and inflation (but as … Read More

Morning Preview: February 24, 2021

Early Look Wednesday, February 24, 2021 Futures Up/Down % Last Dow 9.00 0.03% 31,501 S&P 500 1.25 0.03% 3,879 Nasdaq -19.00 0.14% 13,173     Following a remarkable rally yesterday, pushing the S&P and Dow higher after sharp declines initially, U.S. futures are looking at a modestly higher open as Fed Chairman Powell returns back to Capitol Hill (speaking to … Read More