Market Review: October 18, 2021

Closing Recap Monday, October 18, 2021 Index Up/Down % Last DJ Industrials -35.75 0.10% 35,259 S&P 500 15.01 0.34% 4,486 Nasdaq 124.47 0.84% 15,021 Russell 2000 2.19 0.10% 2,267   Equity Market Recap ·     Markets opened lower on weak China GDP data and another climb in oil prices that spurred inflation fears, but today’s morning weakness gave way to a sustained … Read More

Mid-Morning Look: October 18, 2021

Mid-Morning Look Monday, October 18, 2021 Index Up/Down % Last   DJ Industrials -89.04 0.25% 35,205 S&P 500 -1.11 0.02% 4,470 Nasdaq 21.19 0.14% 14,918 Russell 2000 -0.05 0.00% 2,265     U.S. stocks open lower before bouncing, after futures dipped overnight with data showing economic growth in China slowed, while a relentless surge in oil prices fueled concerns about … Read More

Morning Preview: October 18, 2021

Early Look Monday, October 18, 2021 Futures Up/Down % Last Dow -106.00 0.30% 35,069 S&P 500 -15.25 0.34% 4,447 Nasdaq -65.50 0.43% 15,068     U.S. equity futures are looking lower after posting strong gains last week, with oil prices extending their near-term rally into a ninth consecutive week, as concerns over surging inflation pressures and the weakest China growth … Read More

Market Review: October 15, 2021

Closing Recap Friday, October 15, 2021 Index Up/Down % Last DJ Industrials 382.92 1.10% 35,295 S&P 500 33.22 0.75% 4,471 Nasdaq 73.91 0.50% 14,897 Russell 2000 -8.52 0.37% 2,265   Equity Market Recap ·     Markets have seemingly put September’s swoon in the rear-view mirror heading into earnings season as today closed out the S&P’s best week since July with the Nasdaq … Read More

Mid-Morning Look: October 15, 2021

Mid-Morning Look Friday, October 15, 2021 Index Up/Down % Last   DJ Industrials 242.12 0.69% 35,154 S&P 500 21.55 0.49% 4,459 Nasdaq 31.83 0.21% 14,855 Russell 2000 21.80 0.96% 2,295     Another day, another rally as major averages trade back above key technical levels heading into the weekend, with upward momentum and a busy earnings week coming up. There … Read More

Weekly Event Calendar: 10/18/2021 – 10/22/2021

What’s on Tap Weekly Calendar   Monday October 18th Economic Calendar:  ·     9:15 AM ET                 Industrial Production MoM for September ·     9:15 AM ET                 Capacity Utilization for September ·     10:00 AM ET               NAHB Housing Market Index for October ·     4:00 PM ET                 Net Long-term TIC Flows for August   Earnings Calendar: ·     Earnings Before the Open: ACI, GNTY, STT ·     Earnings After the Close: CFB, ELS, FBK, FNB, HXL, PACW, … Read More

Morning Preview: October 15, 2021

Early Look Friday, October 15, 2021 Futures Up/Down % Last Dow 149.00 0.43% 34,933 S&P 500 14.25 0.33% 4,443 Nasdaq 42.50 0.28% 15,078     U.S. equity futures extended gains, looking to build on the upward momentum Thursday as corporate earnings and improving sentiment offset persistent concerns that inflation will continue to weigh on markets over the months ahead. It … Read More

Market Review: October 14, 2021

Closing Recap Thursday, October 14, 2021 Index Up/Down % Last DJ Industrials 533.89 1.55% 34,911 S&P 500 74.42 1.71% 4,438 Nasdaq 251.79 1.73% 14,823 Russell 2000 32.21 1.44% 2,274   Equity Market Recap ·     Major U.S. stock averages surge, as all eleven S&P sectors rise led by technology stocks, strong quarterly results from banks (BAC, MS) and healthcare names (UNH, WBA), … Read More

Mid-Morning Look: October 14, 2021

Mid-Morning Look Thursday, October 14, 2021 Index Up/Down % Last   DJ Industrials 424.01 1.23% 34,801 S&P 500 56.71 1.30% 4,420 Nasdaq 197.9 1.35% 14,768 Russell 2000 29.17 1.30% 2,271     A moon shot for major U.S. averages to start the trading day, soaring across the board and adding to gains from Wednesday as back-to-back in-line/tamer inflation data points … Read More

Morning Preview: October 14, 2021

Early Look Thursday, October 14, 2021 Futures Up/Down % Last Dow 205.00 0.60% 34,461 S&P 500 28.25 0.67% 4,384 Nasdaq 116.50 0.79% 14,880     Stock futures are jumping overnight, extending yesterday’s gains ahead of key earnings reports and inflation data. Stocks advanced on Wednesday as the S&P 500 and Nasdaq outperformed after a choppy session, with Big Tech doing … Read More