Mid-Morning Look Friday, December 18, 2020 Index Up/Down % Last DJ Industrials -169.31 0.56% 30,134 S&P 500 -19.69 0.53% 3,702 Nasdaq -17.99 0.13% 12,748 Russell 2000 10.37 0.52% 1,988 The global stock market rally has continued again this week (with a minor stall out this morning), as the Dow, S&P 500, Nasdaq Composite and Russell 2000 (Smallcaps) … Read More
Early Look Friday, December 18, 2020 Futures Up/Down % Last DJ Industrials 11.00 0.04% 30,213 S&P 500 3.50 0.10% 3,716 Nasdaq -1.00 0.01% 12,750 U.S. stock futures are pointing to a flattish open but still remain on track for weekly advances after all four major averages closed at record highs on Thursday on vaccine rollout news and ongoing … Read More
Closing Recap Thursday, December 17, 2020 Index Up/Down % Last DJ Industrials 147.25 0.49% 30,301 S&P 500 21.25 0.57% 3,722 Nasdaq 106.56 0.84% 12,764 Russell 2000 25.33 1.30% 1,978 Equity Market Recap · The trend for global stock markets remain sharply higher, with the S&P 500, Dow and Russell 2000 all joining the Nasdaq Composite in record territory as lawmakers … Read More
Mid-Morning Look Thursday, December 17, 2020 Index Up/Down % Last DJ Industrials 124.91 0.41% 30,279 S&P 500 14.77 0.40% 3,715 Nasdaq 66.62 0.52% 12,724 Russell 2000 7.94 0.40% 1,960 The S&P 500 index joins the Nasdaq Composite at fresh record highs as the ongoing stimulus relief hope out of Washington, an accommodating Federal Reserve, and the vaccine … Read More
Early Look Thursday, December 17, 2020 Futures Up/Down % Last DJ Industrials 133.00 0.44% 30,207 S&P 500 20.50 0.54% 3,713 Nasdaq 59.50 0.47% 12,730 Tell me if you heard this one before? U.S. futures are tracking global markets higher, mostly rising on vaccine, stimulus hopes. Futures for the three major U.S. stock averages are on track to open … Read More
Closing Recap Wednesday, December 16, 2020 Index Up/Down % Last DJ Industrials -44.44 0.15% 30,154, S&P 500 6.64 0.18% 3,701 Nasdaq 63.13 0.50% 12,658 Russell 2000 -7.04 0.36% 1,952 Equity Market Recap · Stocks popped again on Wednesday with the Nasdaq Composite touching another all-time high as the same market drivers including FOMC actions (see Powell commentary below), vaccine hopes … Read More
Mid-Morning Look Wednesday, December 16, 2020 Index Up/Down % Last DJ Industrials -9.02 0.03% 30,190 S&P 500 5.79 0.16% 3,700 Nasdaq 25.18 0.20% 12,620 Russell 2000 -8.04 0.43% 1,951 Stocks markets in the U.S. open slightly higher as stimulus relief talks dominate morning headlines after Senate Majority Leader Mitch McConnel said last night “We’re making significant progress … Read More
Early Look Wednesday, December 16, 2020 Futures Up/Down % Last DJ Industrials 84.00 0.28% 30,198 S&P 500 11.50 0.31% 3,698 Nasdaq 30.50 0.24% 12,626 U.S. stocks are again looking higher, rising ahead of the FOMC meeting later today (which is expected to show more dovish comments), and on track to add to the big gains on Tuesday as … Read More
Closing Recap Tuesday, December 15, 2020 Index Up/Down % Last DJ Industrials 340.13 1.14% 30,201 S&P 500 47.28 1.30% 3,694 Nasdaq 155.02 1.25% 12,595 Russell 2000 45.91 2.40% 1,959 Equity Market Recap · U.S. stocks rise in an overwhelmingly upbeat day, as several factors buoyed U.S. markets including renewed stimulus hopes (again) after a bipartisan group of lawmakers put forward … Read More
Mid-Morning Look Tuesday, December 15, 2020 Index Up/Down % Last DJ Industrials 52.04 0.17% 29,913 S&P 500 15.58 0.43% 3,663 Nasdaq 81.80 0.66% 12,522 Russell 2000 17.76 0.93% 1,931 Stocks rising early on renewed stimulus hopes (again) after a bipartisan group of lawmakers put forward another economic relief package, which would split a previously proposed $908B package … Read More
