Market Review: September 24, 2021

Closing Recap Friday, September 24, 2021 Index Up/Down % Last DJ Industrials 32.78 0.09% 34,767 S&P 500 6.59 0.15% 4,455 Nasdaq -4.54 0.03% 15,047 Russell 2000 -4.17 0.18% 2,254   Equity Market Recap ·     Stocks finished the day with a late push to cap off a volatile week that had each of the four indices finish higher even after a large … Read More

Mid-Morning Look: September 24, 2021

Mid-Morning Look Friday, September 24, 2021 Index Up/Down % Last   DJ Industrials 46.17 0.13% 34,810 S&P 500 3.33 0.07% 4,452 Nasdaq -56.21 0.38% 14,995 Russell 2000 -6.11 0.27% 2,252     U.S. stocks are mixed/lower as worries persist about the spillover from debt-laden China Evergrande (hitting US listed Chinese stocks hard today), while Nike tumbled after cutting its sales … Read More

Morning Preview: September 24, 2021

Early Look Friday, September 24, 2021 Futures Up/Down % Last Dow -82.00 0.24% 34,562 S&P 500 -14.25 0.33% 4,423 Nasdaq -69.50 0.45% 15,234     U.S. futures are lower following the S&P 500’s largest two-day gain since July as China’s Evergrande, the indebted property developer at the heart of systemic risk concerns in Asia, missed an $83.5 million dollar-bond debt … Read More

Market Review: September 23, 2021

Closing Recap Thursday, September 23, 2021 Index Up/Down % Last DJ Industrials 507.68 1.48% 34,766 S&P 500 53.29 1.21% 4,448 Nasdaq 155.40 1.04% 15,052 Russell 2000 40.48 1.82% 2,259   Equity Market Recap ·     What goes down…must go up? U.S. stocks finish the day strong, “melting” higher throughout the trading day as fears that dragged markets lower Monday (China’s real estate … Read More

Mid-Morning Look: September 23, 2021

Mid-Morning Look Thursday, September 23, 2021 Index Up/Down % Last   DJ Industrials 471.11 1.38% 34,729 S&P 500 55.12 1.25% 4,450 Nasdaq 156.37 1.05% 15,053 Russell 2000 24.47 1.10% 2,243     U.S. stocks extend this week’s rebound following Monday’s sharp decline, as even a hawkish Fed meeting yesterday fails to dent investors optimism as most major averages are now … Read More

Morning Preview: September 23, 2021

Early Look Thursday, September 23, 2021 Futures Up/Down % Last Dow 162.00 0.47% 34,291 S&P 500 23.25 0.53% 4,407 Nasdaq 83.50 0.55% 15,247     U.S. stocks are looking at another move higher following strong gains on Wednesday despite the FOMC taking a more “hawkish” stance on both rates and the timeline on asset purchase tapering during yesterday’s meeting. Stocks … Read More

Market Review: September 22, 2021

Closing Recap Wednesday, September 22, 2021 Index Up/Down % Last DJ Industrials 339.07 1.00% 34,258 S&P 500 41.49 0.95% 4,395 Nasdaq 150.45 1.02% 14,896 Russell 2000 32.38 1.48% 2,218   Equity Market Recap ·     September FOMC meeting: The Federal Reserve unanimously voted to keep interests rates unchanged at 0-0.25%, but the median view of the fed funds rate at year-end 2022 … Read More

Mid-Morning Look: September 22, 2021

Mid-Morning Look Wednesday, September 22, 2021 Index Up/Down % Last   DJ Industrials 357.96 1.06% 34,277 S&P 500 40.05 0.92% 4,394 Nasdaq 115.72 0.78% 14,862 Russell 2000 24.15 1.10% 2,210     Investors seem to be breathing a sigh of relief into this afternoon’s FOMC policy statement as markets are sustaining a rally after yesterday’s morning rebound from Monday’s massive … Read More

Morning Preview: September 22, 2021

Early Look Wednesday, September 22, 2021 Futures Up/Down % Last Dow 220.00 0.65% 34,018 S&P 500 26.25 0.61% 4,369 Nasdaq 57.50 0.38% 15,081     Stocks looking to bounce, with U.S. futures sharply higher after last night as reports indicated that troubled Chinese property developer Evergrande’s main unit Hengda Real Estate Group co says will make coupon payment for onshore … Read More

Market Review: September 21, 2021

Closing Recap Tuesday, September 21, 2021 Index Up/Down % Last DJ Industrials -47.93 0.14% 33,922 S&P 500 -3.58 0.08% 4,354 Nasdaq 32.49 0.22% 14,746 Russell 2000 3.98 0.18% 2,186   Equity Market Recap ·     Stocks were unable to stage a strong comeback from yesterday’s worst selloff in months as they sputtered after a strong open and were unable to recapture the … Read More