Morning Preview: May 20, 2024

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Early Look Monday, May 20, 2024 Futures Up/Down % Last Dow 11.00 0.03% 40,148 S&P 500 6.25 0.12% 5,333 Nasdaq 37.50 0.20% 18,673     U.S. futures open the new trading week with modest gains, tracking European and Asian markets higher initially and building on last week’s advances. The Dow Jones Industrial Average closed above 40K for first time ever … Read More

Market Review: May 17, 2024

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Closing Recap Friday, May 17, 2024 Index Up/Down % Last DJ Industrials 134.21 0.34% 40,003 S&P 500 6.17 0.12% 5,303 Nasdaq -12.36 0.07% 16,685 Russell 2000 -0.74 0.04% 2,095                   After a strong start to the week, with stocks pushing to new all-time high Wednesday following tamer inflation readings and softer growth … Read More

Mid-Morning Look: May 17, 2024

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Mid-Morning Look Friday, May 17, 2024 Index Up/Down % Last DJ Industrials 40.04 0.10% 39,908 S&P 500 4.86 0.09% 5,301 Nasdaq 18.63 0.111% 16,717 Russell 2000 -0.51 0.02% 2,095     U.S. stocks doing a whole lot of nothing to close out the week, trading in a narrow range and little changed from yesterday close as the S&P 500 (SPX) … Read More

Morning Preview: May 17, 2024

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Early Look Friday, May 17, 2024 Futures Up/Down % Last Dow -12.00 0.03% 39,998 S&P 500 -2.00 0.04% 5,318 Nasdaq 8.50 0.05% 18,658     After big market swings to start the week, pushing major averages to all-time highs for the Dow, S&P and Nasdaq, overnight futures are flat to little changed ahead of today’s option expiration. Softer CPI, PPI … Read More

Market Review: May 16, 2024

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Closing Recap Thursday, May 16, 2024 Index Up/Down % Last DJ Industrials -38.62 0.10% 39,869 S&P 500 -11.05 0.21% 5,297 Nasdaq -44.07 0.26% 16,698 Russell 2000 -13.70 0.64% 2,095                   More intraday record highs for major U.S. averages, as the Dow, S&P and Nasdaq saw early gains but failed to hold, slipping … Read More

Mid-Morning Look: May 16, 2024

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Mid-Morning Look Thursday, May 16, 2024 Index Up/Down % Last DJ Industrials 85.31 0.21% 39,993 S&P 500 9.79 0.18% 5,317 Nasdaq 27.19 0.17% 16,770 Russell 2000 -7.36 0.36% 2,101     U.S. stocks holding at or near record highs, taking a breather following a monster run the first two-weeks of May, as investors digest a round of mixed economic data … Read More

Morning Preview: May 16, 2024

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Early Look Thursday, May 16, 2024 Futures Up/Down % Last Dow 11.00 0.03% 40,050, S&P 500 1.75 0.03% 5,334 Nasdaq 26.25 0.14% 18,718     Another day, another record for major averages, with U.S. futures pointing to modest gains after surging on Wednesday behind tamer inflation and weaker retail sales. The Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 … Read More

Market Review: May 15, 2024

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Closing Recap Wednesday, May 15, 2024 Index Up/Down % Last DJ Industrials 349.89 0.88% 39,908 S&P 500 61.47 1.17% 5,308 Nasdaq 231.21 1.40% 16,742 Russell 2000 23.77 1.14% 2,109                   US equities trended flattish overnight ahead of this morning’s all-important CPI reading. Core mo/mo and yr/yr readings matched expectations and, along with softer … Read More

Mid-Morning Look: May 15, 2024

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Mid-Morning Look Wednesday, May 15, 2024 Index Up/Down % Last DJ Industrials 144.44 0.37% 39,701 S&P 500 29.61 0.57% 5,276 Nasdaq 98.98 0.61% 16,611 Russell 2000 11.63 0.55% 2,097     U.S. stocks hitting all-time highs for the S&P 500 and Nasdaq, as the SPY rises for a 10th straight day after the April Consumer Price Index (CPI) was reported … Read More

Morning Preview: May 15, 2024

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Early Look Wednesday, May 15, 2024 Futures Up/Down % Last Dow 29.00 0.07% 39,706 S&P 500 2.25 0.05% 5,272 Nasdaq -5.50 0.03% 18,409     U.S. futures are flat after rising on Tuesday, with the Nasdaq and S&P 500 within a few points of their respective all-time intraday highs and the Dow has moved to within 500-points of the 40K … Read More