Market Review: February 14, 2024

Auto PostDaily Market Report

Closing Recap Wednesday, February 14, 2024 Index Up/Down % Last DJ Industrials 150.93 0.39% 38,423 S&P 500 47.36 0.96% 5,000 Nasdaq 203.55 1.30% 15,859 Russell 2000 47.98 2.44% 2,012                   As remains the case for weeks/months, any sharp pullback in U.S. stocks (as we saw yesterday after CPI data) has resulted in … Read More

Mid-Morning Look: February 14, 2024

Auto PostDaily Market Report

Mid-Morning Look Wednesday, February 14, 2024 Index Up/Down % Last DJ Industrials 119.04 0.31% 38,393 S&P 500 34.43 0.69% 4,987 Nasdaq 137.33 0.88% 15,793 Russell 2000 30.12 1.53% 1,994     U.S. stocks in sharp rebound mode as another one-day pullback on Wednesday, following a “hotter” CPI inflation report, has quickly been erased with investors taking any and every (what … Read More

Morning Preview: February 14, 2024

Auto PostDaily Market Report

Early Look Wednesday, February 14, 2024 Futures Up/Down % Last Dow 71.00 0.19% 38,404 S&P 500 17.25 0.35% 4,988 Nasdaq 94.50 0.54% 17,771     U.S. futures are pointing to an extended rally from late yesterday, with Russell 2000 futures higher by 1% and S&P (Spuz) +0.35% around 4,990 (overnight highs 4,994.75). Stocks posted one of their worst days of … Read More

Market Review: February 13, 2024

Auto PostDaily Market Report

Closing Recap Tuesday, February 13, 2024 Index Up/Down % Last DJ Industrials -524.96 1.35% 38,272 S&P 500 -68.67 1.37% 4,953 Nasdaq -286.95 1.80% 15,655 Russell 2000 -80.56 3.96% 1,964                   U.S. stocks finished sharply lower (though rallied in final 30-minutes paring losses) as a “hot” CPI inflation report drove U.S. Treasury yields … Read More

Mid-Morning Look: February 13, 2024

Auto PostDaily Market Report

Mid-Morning Look Tuesday, February 13, 2024 Index Up/Down % Last DJ Industrials -535.97 1.38% 38,268 S&P 500 -71.33 1.42% 4,950 Nasdaq -282.50 1.78% 15,661 Russell 2000 -70.93 3.46% 1,974     U.S. stocks under significant pressure for only the second time since the middle of January, down sharply after the January consumer price index (CPI) inflation reading came in “hotter” … Read More

Market Review: February 12, 2024

Auto PostDaily Market Report

Closing Recap Monday, February 12, 2024 Index Up/Down % Last DJ Industrials 125.69 0.33% 38,797 S&P 500 -4.77 0.09% 5,021 Nasdaq -48.12 0.30% 15,942 Russell 2000 35.26 1.75% 2,045                   U.S. stocks finish mixed after making new all-time highs earlier for the S&P (on light volume) ahead of an important inflation data … Read More

Morning Preview: February 12, 2024

Auto PostDaily Market Report

Early Look Monday, February 12, 2024 Futures Up/Down % Last Dow -33.00 0.09% 38,715 S&P 500 0.25 0.01% 5,044 Nasdaq 8.50 0.04% 18,047     S&P futures (Spuz) flattish at 5045, looking to make it a 5th straight day of gains on continued upside market momentum. Last Friday, the S&P 500 gained 1.37%, the Nasdaq rose 2.31%, and the Dow … Read More

Market Review: February 09, 2024

Auto PostDaily Market Report

Closing Recap Friday, February 09, 2024 Index Up/Down % Last DJ Industrials -54.64 0.14% 38,671 S&P 500 28.70 0.57% 5,026 Nasdaq 196.95 1.25% 15,990 Russell 2000 30.29 1.52% 2,009                   US equity futures gained overnight, then popped on initial headlines indicating a downward December CPI revision from +0.3% to +0.2%. As the market … Read More

Mid-Morning Look: February 09, 2024

Auto PostDaily Market Report

Mid-Morning Look Friday, February 09, 2024 Index Up/Down % Last DJ Industrials -58.16 0.16% 38,666 S&P 500 12.21 0.24% 5,010 Nasdaq 106.19 0.67% 15,899 Russell 2000 9.97 0.51% 1,989     More record highs for major U.S. averages as the S&P 500 (SPX) opened above 5,000 (after touching briefly late Thursday before settling just below) and has continued to push … Read More

Morning Preview: February 09, 2024

Auto PostDaily Market Report

Early Look Friday, February 9, 2024 Futures Up/Down % Last Dow 17.00 0.05% 38,842 S&P 500 6.25 0.13% 5,024 Nasdaq 49.50 0.28% 17,918     A day after the S&P (SPX) topped 5,000 for a brief (very) moment, then closed back below at 4,997.91, futures are pointing to a level above as major averages look to make it a 5th … Read More