Morning Preview: June 05, 2023

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Early Look Monday, June 5, 2023 Futures Up/Down % Last Dow 26.00 0.08% 33,843 S&P 500 1.25 0.03% 4,289 Nasdaq -27.50 0.19% 14,548     U.S. futures are looking flattish after posting another weekly advance on Friday as the S&P rose 1.82%, the Dow added 2.02%, the Nasdaq gained 2.04% and the Russell 2000 gained 3.26% (rising 4.64% the last … Read More

Market Review: June 02, 2023

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Closing Recap Friday, June 02, 2023 Index Up/Down % Last DJ Industrials 700.99 2.12% 33,762 S&P 500 61.17 1.45% 4,282 Nasdaq 139.78 1.07% 13,240 Russell 2000 62.97 3.56% 1,830                   Today good news is good news, but the real question is why? It could be the passage of the debt ceiling bill, or … Read More

Mid-Morning Look: June 02, 2023

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Mid-Morning Look Friday, June 02, 2023 Index Up/Down % Last   DJ Industrials 396.27 1.20% 33,457 S&P 500 32.37 0.77% 4,253 Nasdaq 55.95 0.43% 13,156 Russell 2000 21.16 1.20% 1,789     U.S. stocks closing out the week strong, rising after the Senate passed the debt ceiling bill, and China mulls new property support package to boost the economy, overshadowing … Read More

Morning Preview: June 02, 2023

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Early Look Friday, June 2, 2023 Futures Up/Down % Last Dow 174.00 0.53% 33,277 S&P 500 21.25 0.51% 4,249 Nasdaq 70.50 0.48% 14,542     U.S. futures are sharply higher, posting the highs of the week as the U.S. avoided a possible default on its obligations. The U.S. Senate passed bipartisan legislation backed by President Joe Biden that lifts the … Read More

Market Review: June 01, 2023

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Closing Recap Thursday, June 01, 2023 Index Up/Down % Last DJ Industrials 154.09 0.47% 33,062 S&P 500 41.26 0.99% 4,221 Nasdaq 165.70 1.28% 13,100 Russell 2000 18.29 1.05% 1,767                   U.S. stocks kicked off the new trading month with massive gains, boosted by the passage of the debt ceiling deal in House … Read More

Mid-Morning Look: June 01, 2023

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Mid-Morning Look Thursday, June 01, 2023 Index Up/Down % Last   DJ Industrials -47.30 0.14% 32,860 S&P 500 3.74 0.09% 4,183 Nasdaq 9.26 0.07% 12,944 Russell 2000 0.74 0.04% 1,750     U.S. stocks bounce early on mixed data and after being mostly for sale yesterday. Sentiment gets a boost as China Caixin Manufacturing PMI printed expansionary and a 11-month … Read More

Morning Preview: June 01, 2023

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Early Look Thursday, June 1, 2023 Futures Up/Down % Last Dow 34.00 0.10% 33,013 S&P 500 10.25 0.26% 4,201 Nasdaq 20.50 0.15% 14,321     U.S. futures are edging higher to kick off the new trading month after the US House of Representatives approved the bill to suspend $31.4 trillion debt ceiling until 2025, sending the measure to the Senate … Read More

Market Review: May 31, 2023

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Closing Recap Wednesday, May 31, 2023 Index Up/Down % Last DJ Industrials -131.88 0.40% 32,910 S&P 500 -25.39 0.60% 4,180 Nasdaq -82.14 0.63% 12,935 Russell 2000 -17.94 1.02% 1,749                   U.S. stocks spent much of the day in negative territory, but again managed to again climb the “wall of worry” late day, … Read More

Mid-Morning Look: May 31, 2023

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Mid-Morning Look Wednesday, May 31, 2023 Index Up/Down % Last   DJ Industrials -276.29 0.84% 33,766 S&P 500 -34.17 0.81% 4,171 Nasdaq -91.05 0.70% 12,926 Russell 2000 -18.65 1.06% 1,748     U.S. stocks opened negative, quickly rebounded in another buy the dip moment, but has since bled lower following disappointing economic data. Futures initially tracked widespread losses in Europe … Read More

Morning Preview: May 31, 2023

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Early Look Wednesday, May 31, 2023 Futures Up/Down % Last Dow -47.00 0.14% 33,042 S&P 500 -9.25 0.22% 4,205 Nasdaq -27.50 0.19% 14,369     U.S. futures are down modestly, as S&P futures (Spuz) still holding the 4,200 level after in Washington DC, the House Rules Committee on Tuesday voted 7-6 in favor of advancing the crucial debt-ceiling bill. The … Read More