Mid-Morning Look: May 28, 2020

Auto PostDaily Market Report

Mid-Morning Look Thursday, May 28, 2020 Index Up/Down % Last   DJ Industrials 41.76 0.16% 25,590 S&P 500 7.59 0.25% 3,043 Nasdaq 27.86 0.30% 9,440 Russell 2000 -1.18 0.08% 1,435     U.S. equities waver between gains and losses early after solid returns the last 2-trading days (where the Dow jumped over 500 points back-to-back days), dealing with another round … Read More

Morning Preview: May 28, 2020

Auto PostDaily Market Report

Early Look Thursday, May 28, 2020 Futures Up/Down % Last DJ Industrials 102.00 0.04% 25,636 S&P 500 2.50 0.08% 3,038 Nasdaq -31.50 0.33% 9,401     U.S. stocks futures are pointing to a mixed open as technology shares are drifting slightly lower, while the S&P and Dow look to add to yesterday’s gains ahead of a widely expected weak GDP … Read More

Market Review: May 27, 2020

Auto PostDaily Market Report

Closing Recap Wednesday, May 27, 2020 Index Up/Down % Last DJ Industrials 553.16 2.21% 25,548 S&P 500 44.36 1.48% 3,036 Nasdaq 72.14 0.77% 9,412 Russell 2000 43.28 3.11% 1,436   Equity Market Recap ·     The resiliency of U.S. stocks continues to astound, as what appeared initially to be a day of profit taking, with the biggest YTD winners sinking sharply early … Read More

Mid-Morning Look: May 27, 2020

Auto PostDaily Market Report

Mid-Morning Look Wednesday, May 27, 2020 Index Up/Down % Last   DJ Industrials 153.84 0.62% 25,148 S&P 500 -6.33 0.21% 2,985 Nasdaq -144.90 1.55% 9,193 Russell 2000 11.88 0.85% 1,404     U.S. equities are mixed as strength in the financials (GS, JPM, AXP) helped lead the Dow Jones Industrial Average higher, further past the 25,000 level, while the tech … Read More

Morning Preview: May 27, 2020

Auto PostDaily Market Report

Early Look Wednesday, May 27, 2020 Futures Up/Down % Last DJ Industrials 365.00 1.46% 25,367 S&P 500 38.50 1.29% 3,033 Nasdaq 96.50 1.03% 9,503     Stock futures are pointing to another strong open, adding to Tuesday’s big rally where the S&P 500 topped its 200-day moving average for the first time since early March on continued optimism about economies … Read More

Market Review: May 26, 2020

Auto PostDaily Market Report

Closing Recap Tuesday, May 26, 2020 Index Up/Down % Last DJ Industrials 529.95 2.17% 24,995 S&P 500 36.32 1.23% 2,991 Nasdaq 15.63 0.17% 9,340 Russell 2000 37.54 2.77% 1,393   Equity Market Recap ·     U.S. stocks end the day mostly higher with today’s theme summed simply as: YTD winners were sold while YTD losers were bought. The details were evident as … Read More

Mid-Morning Look: May 26, 2020

Auto PostDaily Market Report

Mid-Morning Look Tuesday, May 26, 2020 Index Up/Down % Last   DJ Industrials 604.42 2.47% 25,072 S&P 500 55.21 1.87% 3,010 Nasdaq 115.16 1.23% 9,438 Russell 2000 45.57 3.37% 1,401     U.S. equities rise amid optimism over the coronavirus pandemic recovery, helped by positive vaccine data headlines (NVAX, MRK) as the S&P 500 trades above its 200-day moving average … Read More

Morning Preview: May 26, 2020

Auto PostDaily Market Report

Early Look Tuesday, May 26, 2020 Futures Up/Down % Last DJ Industrials 522.00 2.14% 24,946 S&P 500 58.50 1.99% 3,011 Nasdaq 181.50 1.93% 9,587     U.S. stock futures are soaring as markets bounce globally amid further moves to ease coronavirus lockdowns in major economies outweighing concerns over escalating geopolitical tensions. Markets rally with people drawn to restaurants (take-out), beaches … Read More

Market Review: May 22, 2020

Auto PostDaily Market Report

Closing Recap Friday, May 22, 2020 Index Up/Down % Last DJ Industrials -8.96 0.04% 24,465 S&P 500 6.94 0.24% 2,955 Nasdaq 39.71 0.43% 9,324 Russell 2000 7.97 0.59% 1,355   Equity Market Recap ·     U.S. stocks finished the day mixed with the Nasdaq Composite pacing the gains ahead of the long 3-day holiday weekend, as all major averages finished the 5-day … Read More

Mid-Morning Look: May 22, 2020

Auto PostDaily Market Report

Mid-Morning Look Friday, May 22, 2020 Index Up/Down % Last   DJ Industrials -68.03 0.28% 24,406 S&P 500 -4.08 0.14% 2,944 Nasdaq -4.49 0.05% 9,280 Russell 2000 -7.04 0.52% 1,340     U.S. equities open lower on the day, but major averages are still on track to register roughly 3% gains for the week on vaccine hopes for COVID-19, more … Read More