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Daily Market Updates

September 29, 2020

Stocks fell for the first time in four days today with renewed concern over the coronavirus outbreak in New York City. In economic news, consumer confidence rose to 101.8 in September, higher than the expected 89.6. Dow Jones finished -132 at 27,452 S&P 500 finished -16 at 3,335 NASDAQ finished -32 at 11,085   The […]

September 28, 2020

Stocks moved higher today, with every major index finishing up over 1%. In economic news, there were 1.01 million new home sold in August, more than the expected 900,000.   Dow Jones +410 at 27,584 S&P 500 +53 at 3,352 NASDAQ +204 at 11,118   The 10 Year Treasury closed flat yielding 0.66% Oil prices […]

September 25, 2020

Stocks opened lower this morning, but managed to turn positive, with every major index finishing up over 1%. In economic news, durable goods orders increased 0.4% in August, much lower than the expected 1.5% increase.   Dow Jones +359 at 27,174 S&P 500 +52 at 3,298 NASDAQ +241 at 10,914   The 10 Year Treasury […]

September 24, 2020

Stocks traded choppy today but ended with the major indices in positive territory. The Labor Department’s weekly jobless claims report showed that another 870,000 workers filed new unemployment claims, slightly above Wall Street’s estimates.   Dow Jones finished +52 at 26,815 S&P 500 finished +10 at 3,246 NASDAQ finished +39 at 10,672   The 10 […]

September 23, 2020

Stocks opened higher but turned negative early on, with every major index finishing down 25 or worse. In economic news, existing home sales were 6 million in August, slightly lower than expected.   Dow Jones -525 at 26,763 S&P 500 -79 at 3,237 NASDAQ -331 at 10,633   The 10 Year Treasury closed up 1 […]

September 22, 2020

Stocks moved higher today, snapping a 4-day losing streak, with every major index finishing up about 1%. In economic news, Fed chair Powell said the Federal Reserve will support the economy for as long as it needs too.   Dow Jones +140 at 27,288 S&P 500 +35 at 3,316 NASDAQ +185 at 10,964   The […]

September 21, 2020

Stocks continued the selloff from the end of last week, with the DOW dropping the most, down about 2%. In economic news, last week’s jobless claims came in at 845,000 vs an expected 860,000.   Dow Jones -510 at 27,148 S&P 500 -38 at 3,280 NASDAQ -14 at 10,779   The 10 Year Treasury closed […]

September 17, 2020

Stocks tumbled sharply today, as caution returned to the market in the wake of the Federal Reserve’s decision to keep monetary policy loose for the immediate future, and new data suggested the rebound was losing momentum.   Dow Jones finished -130 at 27,901 S&P 500 finished -28 at 3,357 NASDAQ finished -140 at 10,910   […]

September 16, 2020

Stocks finished the day mixed, with the DOW being the only major index to end in positive territory. In economic news, retail sales increased 0.6% in August, slightly lower than the expected 0.7%.   Dow Jones +38 at 28,032 S&P 500 -16 at 3,385 NASDAQ -140 at 11,050   The 10 Year Treasury closed up […]

September 15, 2020

Stocks moved higher for a 2nd consecutive day, with the NASDAQ leading the way, up 1%. In economic news, industrial production increased 0.4% in August, slightly lower than expected.   Dow Jones +2 at 27,996 S&P 500 +18 at 3,401 NASDAQ +134 at 11,190   The 10 Year Treasury closed up 1 basis point yielding […]

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