Mid-Morning Look: July 10, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Monday, July 9, 2018 U.S. equities extend last week’s gains following a bullish jobs report on Friday, as the blue chip Dow Industrial Average outperforms rising 1% to 24,700 led by gains in financials (JPM, GS) and industrials (CAT), while the S&P 500 and Nasdaq Composite also add to recent rallies. Markets are looking for a third-straight day … Read More

Morning Preview: July 10, 2018

Scott GreenDaily Market Insights

Early Look Tuesday, July 10, 2018 Stocks futures overnight extend gains, with major averages on track to rise an eighth day in the last nine, as market attention turns to corporate earnings. U.S. stocks ended yesterday’s action with strong gains, as major indexes posted their third straight day of gains as equities rose broadly, although financial stocks led the day’s … Read More

Market Review: July, 09, 2018

Terrie AmengualDaily Market Insights

Closing Recap Monday, July 9, 2018 Equity Market Recap · It was a robust market rally, as major US averages moved back near 3-week highs, led by gains in financials and industrials, while defensive asset classes (utilities, bonds) declined. With today’s gains, the Dow Industrials, S&P 500 Index and Nasdaq Composite closed higher for the 6th time in the last … Read More

Mid-Morning Look: July 09, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Monday, July 9, 2018 U.S. equities extend last week’s gains following a bullish jobs report on Friday, as the blue chip Dow Industrial Average outperforms rising 1% to 24,700 led by gains in financials (JPM, GS) and industrials (CAT), while the S&P 500 and Nasdaq Composite also add to recent rallies. Markets are looking for a third-straight day … Read More

Morning Preview: July 09, 2018

Scott GreenDaily Market Insights

Early Look Monday, July 9, 2018 Stock futures in the U.S. are on track for a strong open, helped by strong gains in Asia overnight, with the Chinese Shanghai index rising about 2.5% as investors take a break from trade-related concerns. Stocks closed higher on Friday following the better headline total jobs headline on Friday. Thought he U.S. 10-year Treasury … Read More

Market Review: July, 06, 2018

Terrie AmengualDaily Market Insights

Closing Recap Friday, July 6, 2018 Equity Market Recap · U.S. stocks closed out the week with positive momentum, led by a mixed jobs report which offset the negative news overnight that the U.S. imposed tariffs on $34 billion of Chinese imports Friday, while China began to levy 25% retaliatory tariff on 545 categories of US goods, ranging from agricultural … Read More

Mid-Morning Look: July 06, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Friday, July 6, 2018 U.S. stocks are higher, led by an extended rally in the technology space as the Nasdaq Composite outperforms amid a stronger than expected monthly jobs reading for June. The data helped offset the trade war concerns between the U.S. and China. Overnight, the U.S. imposed tariffs on $34 billion of Chinese imports Friday, while … Read More

Morning Preview: July 6, 2018

Terrie AmengualDaily Market Insights

Early Look Friday, July 6, 2018 U.S. stock futures are lower as the U.S. kept its schedule to impose tariffs on $34 billion of Chinese imports Friday, while China media reports indicate Beijing countered with corresponding tariffs on U.S. imports in the continuing tit-for-tat conflict between the two countries. Adding to pressures, President Donald Trump said Thursday night the U.S. … Read More

Market Review: July, 05, 2018

Terrie AmengualDaily Market Insights

Closing Recap Thursday, July 5, 2018 Equity Market Recap · U.S. equities end higher, paring gains briefly after FOMC meeting minutes cited a very strong U.S. economy (raising chances of rising rates), though rebounded late day as global stock markets prepare for a busy day ahead. The monthly non-farm payrolls report for June is to be released Friday morning while … Read More

Mid-Morning Look: July 05, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Thursday, July 5, 2018 U.S. equities rise early, led by gains in the auto sector after news reports the U.S. had proposed zero tariffs on auto imports and exports between the U.S. and the European Union. The rally also comes ahead of the release of the Federal Reserve minutes later today and the monthly non-farm payrolls on Friday. … Read More