Mid-Morning Look: October 11, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Thursday, October 11, 2018 After a very negative tone overnight for U.S. futures, extending yesterday’s broad market declines with big sell-offs in Asia (more than 3% across the board, China fell to 4-year lows down over 5%) and Europe, major US averages are attempting to rebound this morning, turning modestly positive after a cooler-than-expected report on inflation (CPI … Read More

Morning Preview: October 11, 2018

Terrie AmengualDaily Market Insights

Early Look Thursday, October 11, 2018 U.S. stock futures are pointing to another sharply lower open, building on yesterday’s massive losses as markets saw their biggest daily declines since February. Wednesday’s U.S. losses were followed by selloffs in Asia and Europe, with major benchmarks off sharply. Overseas, the Nikkei Index plunged -915 points (3.89%) to settle at 22,590, the Shanghai … Read More

Market Review: October 10, 2018

Terrie AmengualDaily Market Insights

Closing Recap Wednesday, October 10, 2018 Equity Market Recap · U.S. stock markets tumbled, posting their worst daily returns in several months amid a rise in Treasury yields, fresh concerns over the trade war with China, and key technical levels being breached all sending U.S. stocks spiraling by the most since February. The Dow Industrials broke below 26K, falling as … Read More

Mid-Morning Look: October 10, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Wednesday, October 10, 2018 Equities come for sale to start the day, led by weakness in industrials and transports for a second session, with technology shares also sliding, while staples and utilities were among the early sector leaders. Markets continue to monitor a rise in bond yields and the implications it could have on equity prices, as well … Read More

Morning Preview: October 10, 2018

Terrie AmengualDaily Market Insights

Early Look Wednesday, October 10, 2018 Stock futures are mixed, moving lower with weakness in Europe, as investors continue to watch the developments with China regarding trade and tariffs while markets also await the start of earnings season next week. In Asian markets, The Nikkei Index rose 36 points to settle at 23,506, the Shanghai Index inched higher 4 points … Read More

Market Review: October 9, 2018

Terrie AmengualDaily Market Insights

Closing Recap Monday, October 8, 2018 Equity Market Recap · U.S. stocks end mixed, led by a sharp decline tech stocks, as the Nasdaq Composite underperformed broader averages (falling a 3rd straight day – but rallied more than 100 points off the lows), though the Dow Industrial Average eked out a small gain (snapping its 2-day losing streak). The Dow … Read More

Mid-Morning Look: October 9, 2018

Scott GreenDaily Market Insights

Mid-Morning Look Tuesday, October 9, 2018 Equities open the day lower but have quickly risen into positive territory, led by a sharp spike in technology and biotech stocks, as the Nasdaq Composite rises around 0.7% (after underperforming major averages over the last 2-weeks). S&P 500 futures initially fell as the International Monetary Fund cut its economic growth forecasts overall to … Read More

Morning Preview: October 9, 2018

Scott GreenDaily Market Insights

Early Look Tuesday, October 9, 18 Stock futures in the U.S. are lower, with Dow futures pointing to a decline of more than 100-points, once again tracking weakness in Europe and Asia as the IMF lowered its global forecast for the first time in more than two years as escalating trade tensions cut into growth. After being closed yesterday for … Read More

Market Review: October 8, 2018

Scott GreenDaily Market Insights

Closing Recap Monday, October 8, 2018 Equity Market Recap · U.S. stocks end mixed, led by a sharp decline tech stocks, as the Nasdaq Composite underperformed broader averages (falling a 3rd straight day – but rallied more than 100 points off the lows), though the Dow Industrial Average eked out a small gain (snapping its 2-day losing streak). The Dow … Read More

Mid-Morning Look: October 8, 2018

Scott GreenDaily Market Insights

Mid-Morning Look Monday, October 8, 2018 U.S. equities trade down overnight before quickly bouncing off the lows, as the Nasdaq Composite spikes as much as 60 points off the intraday lows to turn positive. Early market gains were led by defensive sectors (Utilities, REITs, Telecom), while Energy and Financials were among the biggest decliners. Markets overall quiet today with bond … Read More