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Market Snapshot – Tuesday 10.15.19
As earnings season kicks off, the first companies to report are mostly those within the financial sector. Though the companies that reported today were a mixed bag, they helped start off the season on a strong note. JPMorgan Chase’s Q3 revenues topped analyst...
Market Snapshot – Monday 10.14.19
It’s Columbus Day, a stock market holiday, so there isn’t much news in terms of scheduled economic reports. On the geopolitical front, however, a report that China wants to continue negotiating before agreeing to sign a phase one trade deal with the US might have...
Market Snapshot – Friday 10.11.19
Talk about headline volatility and risk. President Trump’s tweet, starting with “Good things are happening” with the US-China trade talks was enough to potentially cause the Dow to surge 450 points today. The Dow is currently up 450 points (1.7%), the S&P 500...
Market Snapshot – Thursday 10.10.19
Markets ended the day rallying after an initial plunge as bilateral talks between the US and China get underway. Consumer prices remained relatively unchanged in September, rising 0.1%--lower than economist expectations of 0.2%. Jobless claims were also lower at...
Market Snapshot – Wednesday 10.09.19
Today’s market weather brought light showers of optimism ahead of the US-China trade talks. US indexes recovered after Tuesday’s slide as concerns over the US and China’s trade war escalation may see some relief when trade talks resume on Thursday and Friday. ...
Market Snapshot – Tuesday 10.08.19
US Indices underwent a steep decline on Tuesday as hopes surrounding the US-China trade talks all but disappeared. Washington’s trade blacklist expanded to include a number of Chinese AI companies, stating Beijing’s treatment of Muslim ethinic minorities as one...
Market Snapshot – Monday 10.07.19
US indexes rose but struggled to maintain its momentous moves from Thursday of last week. Monday saw very little in the way of economic news and reports. The consumer credit report came in line with expectations--up $17.9 billion in August versus July’s $23.0...
Market Snapshot – Friday 10.04.19
US indexes trim their losses heading into the weekend as an upbeat employment report feeds into market optimism despite the overall news and headline risk shocks that have been plaguing the markets over the last month. According to the Bureau of Labor and...
Market Snapshot – Thursday 10.03.19
The broader stock market rebounded today after two consecutive days of steep declines. The theme has generally been the same--investors are worried about slowing economic growth on a global scale. The start of Q3 corporate earnings reports might also be adding to...
Market Snapshot – Wednesday 10.02.19
Following yesterday’s drop across all three US indexes, today’s drop is even more harrowing, with the Dow Jones plunging by 527 points, the S&P 500 losing -1.74% and the Nasdaq sliding -1.59%. Investors worried about a recession are pulling out of big tech...
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