Mid-Morning Look: February 13, 2024

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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

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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

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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

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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

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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

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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

Market Review: February 08, 2024

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Closing Recap Thursday, February 08, 2024 Index Up/Down % Last DJ Industrials 48.77 0.13% 38,726 S&P 500 2.90 0.06% 4,997 Nasdaq 37.07 0.24% 15,793 Russell 2000 29.56 1.52% 1,979                   U.S. stocks finished higher, trading in a narrower range than yesterday as the S&P 500 (SPX) cash was in 13-point range, touching … Read More

Mid-Morning Look: February 08, 2024

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Mid-Morning Look Thursday, February 08, 2024 Index Up/Down % Last DJ Industrials -15.84 0.04% 38,661 S&P 500 -2.07 0.04% 4,992 Nasdaq 16.19 0.10% 15,773 Russell 2000 13.73 0.70% 1,964     U.S. stock futures were slightly weaker overnight, but as remains the case for months, weakness was bought as stocks bounce on the open. It was another round of record … Read More

Morning Preview: February 08, 2024

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Early Look Thursday, February 8, 2024 Futures Up/Down % Last Dow -55.00 0.14% 38,720 S&P 500 -9.25 0.18% 5,006 Nasdaq -27.50 0.15% 17,814     U.S. futures are edging slightly lower, but S&P futures (Spuz) still holding above the 5,000 level after topping it early yesterday for the first time on strong earnings results in some large cap names and … Read More

Market Review: February 07, 2024

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Closing Recap Wednesday, February 07, 2024 Index Up/Down % Last DJ Industrials 156.00 0.40% 38,677 S&P 500 40.82 0.82% 4,995 Nasdaq 147.65 0.95% 15,756 Russell 2000 -3.15 0.17% 1,950                   U.S. stocks finish sharply higher, new all-time highs, with major averages on track for a 5th week of gains (and 14 of … Read More