Closing Recap Tuesday, May 30, 2023 Index Up/Down % Last DJ Industrials 50.49 0.15% 33,042 S&P 500 0.14 0.00% 4,205 Nasdaq 41.74 0.32% 13,017 Russell 2000 -5.29 0.32% 1,767 U.S. stocks finished mixed, paring earlier gains as the S&P 500 index managed to hold above the 4,200 level as strength in … Read More
Mid-Morning Look: May 30, 2023
Mid-Morning Look Tuesday, May 30, 2023 Index Up/Down % Last DJ Industrials -115.79 0.35% 32,977 S&P 500 4.90 0.12% 4,210 Nasdaq 69.34 0.53% 13,045 Russell 2000 3.09 0.17% 1,776 U.S. stocks open sharply higher, led by technology stocks “again”, with two big drivers leading major averages. 1) a bipartisan deal to raise the $31.4 trillion U.S. debt … Read More
Morning Preview: May 30, 2023
Early Look Tuesday, May 30, 2023 Futures Up/Down % Last Dow 73.00 0.22% 33,198 S&P 500 24.25 0.59% 4,238 Nasdaq 166.50 1.16% 14,499 U.S. futures are higher by roughly +0.6% or 25 points to 4,238, near the overnight highs of 4,243.50 and building on last week’s gains after a bipartisan deal to raise the $31.4 trillion U.S. debt … Read More
Market Review: May 26, 2023
Closing Recap Friday, May 26, 2023 Index Up/Down % Last DJ Industrials 328.69 1.00% 33,093 S&P 500 54.18 1.31% 4,205 Nasdaq 277.59 2.19% 12,975 Russell 2000 18.42 1.05% 1,773 Up, up, and away for U.S. equities, closing just off the highs for the day/week into the long 3-day Memorial Day holiday … Read More
Morning Preview: May 26, 2023
Early Look Friday, May 26, 2023 Futures Up/Down % Last Dow 25.00 0.08% 32,832 S&P 500 5.25 0.12% 4,166 Nasdaq 38.50 0.28% 14,015 U.S. futures looking higher as investors await news out of Washington on the debt ceiling talks, with the US Treasury funds dropping under $48B heading into today. Republican and White House negotiators are moving closer … Read More
Weekly Event Calendar: 05/29/2023 – 06/02/2023
What’s on Tap Weekly Calendar Monday May 29th Economic Calendar: · U.S. Markets Closed in Observance of Memorial Day Tuesday May 30th Economic Calendar: · 7:45 AM ET ICSC Weekly Retail Sales · 9:00 AM ET Monthly Home Price Index for March · 9:00 AM ET S&P CaseShiller 20-City index for March · 10:00 AM ET Consumer Confidence for May · 10:30 AM ET Dallas Fed Manufacturing for May … Read More
Mid-Morning Look: May 26, 2023
Mid-Morning Look Friday, May 26, 2023 Index Up/Down % Last DJ Industrials 342.83 1.05% 33,107 S&P 500 42.28 1.02% 4,193 Nasdaq 172.43 1.36% 12,870 Russell 2000 6.92 0.39% 1,761 There has been no slowing down U.S. stock markets in 2023 so far, with large cap tech and communications leading the Nasdaq and S&P 500 index while the … Read More
Market Review: May 25, 2023
Closing Recap Thursday, May 25, 2023 Index Up/Down % Last DJ Industrials -35.20 0.11% 32,764 S&P 500 36.07 0.88% 4,151 Nasdaq 213.93 1.71% 12,698 Russell 2000 -12.40 0.70% 1,754 US equity markets gained, but it wasn’t a well-attended party. If you didn’t own NVDA, AMD, MSFT, ANET, SNPS, CDNS, GOOGL, NTNX, LCRX, … Read More
Mid-Morning Look: May 25, 2023
Mid-Morning Look Thursday, May 25, 2023 Index Up/Down % Last DJ Industrials -81.77 0.25% 32,718 S&P 500 20.12 0.49% 4,135 Nasdaq 143.77 1.15% 12,627 Russell 2000 -10.97 0.62% 1,756 U.S. stocks buoyed higher by strength in technology, semiconductors/AI specifically, as NVDA reported a strong quarterly beat and monstrous upside Q2 revenue guidance pushing shares up as much … Read More
Morning Preview: May 25, 2023
Early Look Thursday, May 25, 2023 Futures Up/Down % Last Dow -45.00 0.14% 32,809 S&P 500 27.25 0.67% 4,153 Nasdaq 248.50 1.82% 13,898 U.S. futures are looking much higher, on track to snap the modest two- day losing streak for the S&P 500 and Nasdaq after a massive beat and raise by semiconductor chip maker NVDA last night … Read More