Mid-Morning Look Friday, March 24, 2023 Index Up/Down % Last DJ Industrials -148.33 0.46% 31,956 S&P 500 -15.96 0.40% 3,932 Nasdaq -55.94 0.47% 11,731 Russell 2000 -15.78 0.92% 1,704 U.S. stocks fall, paring weekly gains for major averages following sharp declines in European stocks as banking fears instability weighed on financial into the weekend. With a risk-averse … Read More
Closing Recap Friday, March 24, 2023 Index Up/Down % Last DJ Industrials 132.90 0.41% 32,238 S&P 500 22.46 0.57% 3,971 Nasdaq 36.56 0.31% 11,823 Russell 2000 14.63 0.85% 1,734 Equity Market Recap · After several days of extreme volatility, stocks melted higher this afternoon, with the S&P 500 once again bouncing at its 200-day moving average (MA) technical support of … Read More
Early Look Friday, March 24, 2023 Futures Up/Down % Last Dow -263.00 0.81% 32,056 S&P 500 -25.25 0.63% 3,952 Nasdaq -38.50 0.30% 12,815 After finishing higher on Thursday, U.S. futures are looking lower with the S&P (Spuz) down -0.7% at 3,950, trading just above the 200-day moving average of 3,940, a key level. The U.S. dollar rebounds after … Read More
Closing Recap Thursday, March 23, 2023 Index Up/Down % Last DJ Industrials 73.66 0.23% 32,103 S&P 500 11.33 0.29% 3,948 Nasdaq 117.44 1.01% 11,787 Russell 2000 -7.07 0.41% 1,720 Equity Market Recap · Market volatility remains extreme, with massive swings on comments from Fed Chair Powell yesterday and Treasury Secretary Yellen both today and yesterday, as traders and markets continue … Read More
Mid-Morning Look Thursday, March 23, 2023 Index Up/Down % Last DJ Industrials 286.79 0.90% 32,316 S&P 500 47.68 1.21% 3,984 Nasdaq 217.18 1.86% 11,887 Russell 2000 21.62 1.25% 1,748 U.S. stocks open higher, quickly erasing the late day downdraft in stocks Wednesday after mixed messages on banks from Fed Chairman Powell and Treasury Secretary Yellen. Fed Chair … Read More
Early Look Thursday, March 23, 2023 Futures Up/Down % Last Dow -10.00 0.03% 32,248 S&P 500 9.25 0.25% 3,980 Nasdaq 95.50 0.75% 12,802 U.S. futures are looking modestly higher, with the tech heavy Nasdaq up the most after a rough day on Wall Street Wednesday as the FOMC raised rates by 25 bps in line with most market … Read More
Closing Recap Wednesday, March 22, 2023 Index Up/Down % Last DJ Industrials -531.70 1.63% 32,028 S&P 500 -66.05 1.65% 3,936 Nasdaq -190.15 1.60% 11,669 Russell 2000 -50.38 2.83% 1,727 Equity Market Recap · Stocks finish at the lows amid late day sell-off! As expected, markets were quiet ahead of the Fed decision. We did see a tech-driven boost mid-morning with only … Read More
Mid-Morning Look Wednesday, March 22, 2023 Index Up/Down % Last DJ Industrials 35.35 0.11% 32,595 S&P 500 8.68 0.22% 4,011 Nasdaq 31.52 0.27% 11,891 Russell 2000 -6.03 0.34% 1,771 U.S. stocks continue to push higher ahead of the FOMC meeting later this afternoon, where bets are still for a 25-bps hike, though some see a small chance … Read More
Early Look Wednesday, March 22, 2023 Futures Up/Down % Last Dow -4.00 0.01% 32,770 S&P 500 -2.25 0.06% 4,033 Nasdaq -21.50 0.17% 12,846 U.S. futures are looking flat after two days of massive advances for stocks heading into the FOMC policy meeting later this afternoon. Fed Day is finally there with fed futures anticipating a 25-bps hike as … Read More
Closing Recap Tuesday, March 21, 2023 Index Up/Down % Last DJ Industrials 317.24 0.98% 32,561 S&P 500 51.59 1.31% 4,003 Nasdaq 184.57 1.58% 11,860 Russell 2000 32.75 1.88% 1,777 Equity Market Recap · Stocks jump for a second straight day into tomorrow’s FOMC policy meeting, closing just off the highs of the day, with major averages rising for the 6th … Read More
