Market Snapshot – Friday 10.25.19 (mid-day)

Market Snapshot – Friday 10.25.19 (mid-day)

Stock indexes advanced on strong Q3 earnings as Intel topped analyst expectations and issued better-than-expected guidance for Q4. Intel shares shot up 7.4%, offsetting negativity in the tech sector due to Amazon’s weak numbers.    In addition to earnings, market...
Market Snapshot – Thursday 10.24.19

Market Snapshot – Thursday 10.24.19

The S&P 500 and Nasdaq Composite climbed today despite weak durable goods orders. The Dow ended the day in a slight decline.   Durable goods dropped 1.1%, more than consensus estimates of negative 0.7% Not only did this mark the largest decline in four months, it...
Market Snapshot – Wednesday 10.23.19

Market Snapshot – Wednesday 10.23.19

The primary focus today was heavily aimed at corporate earnings. As you can see in the chart above, the Dow rose slightly after a mid-morning and mid-day dip. The S&P 500 crept slightly higher toward its record high set in July, with a 1% move to go.   Caterpillar...
Market Snapshot – Tuesday 10.22.19

Market Snapshot – Tuesday 10.22.19

Stocks fell slightly today on what turned out to be an underwhelming session.   The Dow closed down 39.54 points (0.15%) to 26,788.10. The S&P 500 pulled back 0.4% tp 2,995.99. The Nasdaq slid 0.7% down to 8,104.30.   McDonald’s missed expectations on earnings and...
Market Snapshot – Monday 10.21.19

Market Snapshot – Monday 10.21.19

US indexes make a tepid advance as stocks recover from last week’s slide. Note, however, that an all-time-high for the S&P 500 is within reach as early as this week should indexes continue to limb. The last S&P 500 high of 3,027.98 was set on July 26.  ...