Market Review: June 18, 2018

Terrie AmengualDaily Market Insights

Closing Recap Monday, June 18, 2018 Equity Market Recap · U.S. stock markets end mixed, as Small Caps once again outperform Large Caps and the technology leading Nasdaq Composite rallied more than 60 points off its lows to close little changed. Small Caps have risen to record all-time highs as they are seen less exposed to the ongoing trade problems/tariffs … Read More

Mid-Morning Look: June 18, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Monday, June 18, 2018 U.S. stocks decline to start the week, led by large caps as the Dow Industrial Average is on track for its 5th straight session decline as trade tensions between the U.S. and China escalated while political risks resurfaced in Europe. Traders are also watching an OPEC meeting scheduled this week to gauge the prospect … Read More

Morning Preview: June 18, 2018

Scott GreenDaily Market Insights

Early Look Monday, June 18, 18 U.S. stock futures are pointing to a lower open, with the Dow Industrials on track for its 5th straight losing session as trade fears between the U.S. and its partners continue to weigh on market sentiment. Trade tensions remain key to stock markets after China announced plans for retaliatory tariffs on U.S. goods worth … Read More

Market Review: June 15, 2018

Terrie AmengualDaily Market Insights

Closing Recap Friday, June 15, 2018 Equity Market Recap · U.S. stocks end lower, but rallied in the afternoon, closing well off its worst levels as escalating trade tensions between the U.S. and China intensified today. The Dow Industrials fell nearly 300 points at one juncture while the Nasdaq Composite pulled back from its closing record highs yesterday. Stocks dropped … Read More

Mid-Morning Look: June 15, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Friday, June 15, 2018 U.S. equity markets are broadly lower, with the Dow Industrials down over 200 points and the Nasdaq Composite pulling back from its closing record highs yesterday on trade concerns. President Donald Trump announced that the United States will implement a 25% tariff on $50 billion of goods from China related to intellectual property and … Read More

Morning Preview: June 15, 2018

Scott GreenDaily Market Insights

Early Look Friday, June 15, 18 Stock futures are trading lower on this final day of the week, falling as trade war fears were reignited after President Donald Trump approved tariffs between $50 billion and $100B of Chinese goods (citing different reports), as the U.S. ratchets up its trade fight with Beijing. It wasn’t clear when the tariffs would go … Read More

Market Review: June 14, 2018

Terrie AmengualDaily Market Insights

Closing Recap Thursday, June 14, 2018 Equity Market Recap · U.S. stocks end mixed, as the technology heavy Nasdaq Composite traded to new all-time record highs (7,768.60 high), lifted by momentum driven Internet and semiconductor sectors, while stronger than expected May retail sales (up 0.8% for the biggest gain since November) once again showed the economy remains very healthy, validating … Read More

Mid-Morning Look: June 14, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Thursday, June 14, 2018 U.S. equities open higher, with technology shares outperforming (NASDAQ touches new fresh record highs) and also helped after May retail sales rose by a stronger than expected 0.8% for the biggest gain since November. Central banks have dominated news the last two days with the U.S. Fed boosting rates by 25 bps to 1.75%-2% … Read More

Morning Preview: June 14, 2018

Terrie AmengualDaily Market Insights

Early Look Thursday, June 14, 2018 U.S. stocks futures are down slightly, mostly steady as attention turns to the possible policy shift at the European Central Bank, holding their monetary policy meeting at 7:45 AM EST and press conference by ECB President Draghi at 8:30 AM EST. Expectations are for the central bank to make comments regarding the possible slowing … Read More

Market Review: June 13, 2018

Terrie AmengualDaily Market Insights

Closing Recap Wednesday, June 13, 2018 Equity Market Recap · U.S. stocks bounced around late afternoon (sliding initially before rebounding then falling again) after the Federal Reserve said it will raise interest rates by another quarter-percentage point and signaled it could lift them at a slightly faster pace this year (four times vs. prior view of three according to their … Read More