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Daily Market Updates

August 11, 2020

Both the S&P 500 and Dow traded higher earlier in the day after local news agencies reported that Russia had given regulatory approval for the world’s first Covid-19 vaccine. But stocks gave up the gains within the last hour in the session with Apple and tech stocks falling. Dow Jones finished -104 at 27,686 S&P […]

August 10, 2020

Stocks opened higher to begin the week, with the DOW and S&P both finishing in positive territory. In economic news, the consumer sentiment index came in at 71.9 for August, lower than the expected 72.5.   Dow Jones +358 at 27,791 S&P 500 +9 at 3,360 NASDAQ -43 at 10,968   The 10 Year Treasury […]

August 7, 2020

Stocks closed mixed today as investors absorbed a July jobs report that closely beat expectations.  The Labor Department’s monthly jobs report showed employers added 1.8 million non-farm payrolls during the month of July. Dow Jones finished +46 at 27,433 S&P 500 finished +2 at 3,351 NASDAQ finished -97 at 11,010   The 10 Year Treasury […]

August 6, 2020

Stocks rose today, led by tech shares, as traders kept an eye on Washington for clues on a new coronavirus stimulus package and news of better-than-expected unemployment data. Dow Jones finished +186 at 27,387 S&P 500 finished +21 at 3,348 NASDAQ finished +110 at 11,108   The 10 Year Treasury closed even yielding 0.54% Oil […]

August 5, 2020

Good afternoon, this market update is brought to you by the Greenberg Financial Group:   Stocks rose today as investors considered a wave of updates around companies’ coronavirus vaccine development and distribution plans, alongside a bunch of stronger than expected corporate earnings results. Dow Jones +373 @27,201 S&P 500 +21 @3,327 NASDAQ +57 @10,998   […]

August 4, 2020

Stocks opened flat to begin the day, but managed to gain momentum throughout the day, with every major index finishing in positive territory. In economic news, construction spending unexpectedly dropped about a half of percent in July.   Dow Jones +165 at 26,828 S&P 500 +12 at 3,307 NASDAQ +38 at 10,941   The 10 […]

August 3, 2020

Stocks opened higher to begin the week, with every major index finishing the day up about 1% and the NASDAQ hitting another all-time high. In economic news, consumer spending rose 5.6% in June after a record 8.5% increase in May.   Dow Jones +236 at 26,664 S&P 500 +23 at 3,295 NASDAQ +158 at 10,903 […]

July 31, 2020

Stocks opened mixed but managed to gain momentum throughout the day, with every major index finishing in positive territory. In economic news, consumer spending jumped 5.6% in June, rising for a second straight month.   Dow Jones +115 at 26,428 S&P 500 +25 at 3,271 NASDAQ +157 at 10,745   The 10 Year Treasury closed […]

July 27, 2020

Coming off a week that saw the red-hot technology sector actually lead the market lower we began this week with the market moving higher lead by strength in technology as we await the next stimulus package out of Washington. The Dow opened flat At the close Dow +116 to 26,586 S&P 500 +24 to 3239 […]

July 21, 2020

Stocks opened higher this morning, continuing the rally from yesterday, with the DOW and S&P finishing in positive territory. In economic news, U.S. home construction jumped 17.3% in June.   Dow Jones +160 at 26,840 S&P 500 +5 at 3,257 NASDAQ -87 at 10,680   The 10 Year Treasury closed down 1 basis point yielding […]

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