Morning Preview: April 16, 2024

Early Look Tuesday, April 16, 2024 Futures Up/Down % Last Dow 133.00 0.35% 38,126 S&P 500 -2.25 0.04% 5,102 Nasdaq -19.50 0.11% 17,857     U.S. futures are mixed, with Dow futures pointing to a higher open following better earnings result from UNH that topped consensus, lifting shares of 6% pre mkt though JNJ shares dip following their results. The … Read More

Market Review: April 15, 2024

Closing Recap Monday, April 15, 2024 Index Up/Down % Last DJ Industrials -248.13 0.65% 37,735 S&P 500 -61.59 1.20% 5,061 Nasdaq -290.08 1.79% 15,885 Russell 2000 -27.47 1.37% 1,975                   U.S. stock markets tumbled all day, adding to last week losses as stubbornly high U.S. inflation, lower rate cuts expectations, surging Treasury … Read More

Mid-Morning Look: April 15, 2024

Mid-Morning Look Monday, April 15, 2024 Index Up/Down % Last DJ Industrials 166.04 0.44% 38,151 S&P 500 20.37 0.40% 5,144 Nasdaq 38.00 0.24% 16,214 Russell 2000 -1.65 0.08% 2,001     U.S. stocks take a sigh of relief after hopes for some de-escalation of Middle East tensions, while short-term oversold conditions may be providing some cushion early. Financials were leading … Read More

Morning Preview: April 15, 2024

Early Look Monday, April 15, 2024 Futures Up/Down % Last Dow 101.00 0.26% 38,339 S&P 500 22.25 0.44% 5,190 Nasdaq 101.50 0.56% 18,280     After slipping last week, U.S. futures are pushing higher while oil and bond prices dip, as investors kept Middle East concerns in check after Iran’s weekend attacks on Israel. On Saturday, Iran attacked with more … Read More

Market Review: April 12, 2024

Closing Recap Friday, April 12, 2024 Index Up/Down % Last DJ Industrials -475.84 1.24% 37,983 S&P 500 -75.65 1.46% 5,123 Nasdaq -267.10 1.62% 16,175 Russell 2000 -39.45 1.92% 2,003                   U.S. stocks turned sharply lower on Friday following a convergence of factors that raised caution into the weekend, pushing major averages lower … Read More

Mid-Morning Look: April 12, 2024

Mid-Morning Look Friday, April 12, 2024 Index Up/Down % Last DJ Industrials -307.33 0.80% 38,152 S&P 500 -42.16 0.81% 5,156 Nasdaq -165.09 1.00% 16,277 Russell 2000 -24.31 1.19% 2,018     U.S. stocks open lower following negative reactions to bank earnings/outlook commentary from JPM and WFC, while investors are also expressing some caution into the weekend amid increased geopolitical uncertainty. … Read More

Morning Preview: April 12, 2024

Early Look Friday, April 12, 2024 Futures Up/Down % Last Dow 21.00 0.05% 38,753 S&P 500 -9.25 0.18% 5,233 Nasdaq -74.50 0.40% 18,410     U.S. stock futures are looking mixed, with Dow futures slightly higher after underperformance yesterday, while Nasdaq futures fall -0.4% behind chip weakness amid China comments. Trade tensions ramp up between the U.S. and China as … Read More

Market Review: April 11, 2024

Closing Recap Thursday, April 11, 2024 Index Up/Down % Last DJ Industrials -2.43 0.01% 38,459 S&P 500 38.42 0.74% 5,199 Nasdaq 271.84 1.68% 16,442 Russell 2000 14.21 0.70% 2,042                   U.S. stocks market resiliency remains astounding as the Nasdaq Composite erased all its prior day CPI inflation report related losses, led by … Read More

Mid-Morning Look: April 11, 2024

Mid-Morning Look Thursday, April 11, 2024 Index Up/Down % Last DJ Industrials -237.59 0.62% 38,223 S&P 500 -19.11 0.39% 5,140 Nasdaq -6.76 0.04% 16,163 Russell 2000 1.69 0.08% 2,030     U.S. stocks were looking lower overnight, still feeling the disappointment of a third straight month of higher consumer prices (CPI) after yesterday’s data weighed on stocks/bonds, but major averages … Read More

Morning Preview: April 11, 2024

Early Look Thursday, April 11, 2024 Futures Up/Down % Last Dow -87.00 0.22% 38,670 S&P 500 -13.00 0.25% 5,194 Nasdaq -28.50 0.16% 18,168     U.S. futures are looking lower, extending yesterday’s declines following an unwelcome higher CPI inflation report (for a 3rd straight month), as attention this morning turns to Europe and the ECB policy rate meeting, March producer … Read More