Mid-Morning Look Monday, May 22, 2023 Index Up/Down % Last   DJ Industrials -90.64 0.27% 33,335 S&P 500 4.69 0.11% 4,196 Nasdaq 57.59 0.45% 12,715 Russell 2000 9.74 0.55% 1,783     U.S. stocks open mostly higher, looking to build on last week gains as markets await a 5:30 PM meeting between President Biden and House Leader McCarthy to discuss … Read More

Early Look Monday, May 22, 2023 Futures Up/Down % Last Dow -9.00 0.03% 33,487 S&P 500 -3.50 0.08% 4,201 Nasdaq -21.00 0.15% 13,837     U.S. futures looking at a flattish open early as investors await President Joe Biden and House Speaker Kevin McCarthy meeting today for face-to-face debt-ceiling talks. The Nasdaq composite and S&P 500 hit 2023 highs, with … Read More

Closing Recap Friday, May 19, 2023 Index Up/Down % Last DJ Industrials -109.48 0.33% 33,426 S&P 500 -6.14 0.15% 4,191 Nasdaq -30.94 0.24% 12,657 Russell 2000 -11.14 0.62% 1,773                   U.S. stocks with a “muted” response today, modest selling pressure following back-to-back days of massive upward momentum, holding up relatively well despite … Read More

Mid-Morning Look Friday, May 19, 2023 Index Up/Down % Last   DJ Industrials 61.31 0.18% 33,597 S&P 500 9.51 0.23% 4,207 Nasdaq 3.19 0.03% 12,692 Russell 2000 3.65 0.20% 1,788     U.S. stocks start Friday to the upside, adding to weekly gains as the S&P 500 and Nasdaq are both coming off their highest levels since August 2022. The … Read More

Early Look Friday, May 19, 2023 Futures Up/Down % Last Dow 29.00 0.09% 33,647 S&P 500 4.25 0.10% 4,216 Nasdaq 5.50 0.04% 13,899     U.S. stock futures are looking to add to yesterday’s strength, as Spuz up a modest 4 points at 4,216 (4,212 low 4,225.50 high) after breaking above the 4,200 level yesterday (had briefly broke and failed … Read More

Closing Recap Thursday, May 18, 2023 Index Up/Down % Last DJ Industrials 115.20 0.34% 33,535 S&P 500 39.24 0.94% 4,197 Nasdaq 188.27 1.51% 12,688 Russell 2000 10.36 0.58% 1,784                   U.S. stocks just continue to climb the wall of worry, with the S&P 500 (SPX) again nearing the top end of its … Read More

Mid-Morning Look Thursday, May 18, 2023 Index Up/Down % Last   DJ Industrials 22.92 0.07% 33,443 S&P 500 18.77 0.45% 4,177 Nasdaq 110.73 0.89% 12,611 Russell 2000 0.09 0.01% 1,774     U.S. stocks surging early adding to the mass squeeze yesterday, but the same theme continues to play out day after day, as technology again leading the broader markets. … Read More

Early Look Thursday, May 18, 2023 Futures Up/Down % Last Dow 37.00 0.11% 33,515 S&P 500 9.25 0.22% 4,180 Nasdaq 29.50 0.21% 13,672     U.S. futures are looking modestly higher, gaining traction after rising more than 1% across the board on Wednesday as markets continue to display confidence a debt-ceiling deal can be reached. Yesterday’s broad-based rally was led … Read More

Closing Recap Wednesday, May 17, 2023 Index Up/Down % Last DJ Industrials 409.09 1.24% 33,421 S&P 500 48.91 1.19% 4,158 Nasdaq 157.51 1.28% 12,500 Russell 2000 38.31 2.21% 1,774                   A new round of optimism regarding US debt-ceiling negotiations and a positive update last night from WAL on bank deposit trends combined … Read More

Mid-Morning Look Wednesday, May 17, 2023 Index Up/Down % Last   DJ Industrials 100.12 0.30% 33,112 S&P 500 13.15 0.32% 4,123 Nasdaq 30.25 0.25% 12,373 Russell 2000 5.24 0.30% 1,741     U.S. stocks open higher, back near the top end of yesterday’s highs though the market remains trapped in a narrow range (S&P 50-point range for 2-weeks), with all … Read More