Early Look Thursday, June 8, 2023 Futures Up/Down % Last Dow -4.00 0.01% 33,705 S&P 500 1.25 0.02% 4,275 Nasdaq 4.50 0.03% 14,366 After posting mixed results on Wednesday, as the Nasdaq and S&P 500 ended lower with Nasdaq falling more than 1% driven by a drop in shares of tech-related mega cap names as Treasury yields rose, … Read More
Closing Recap Wednesday, June 07, 2023 Index Up/Down % Last DJ Industrials 92.76 0.28% 33,666 S&P 500 -16.23 0.38% 4,267 Nasdaq -171.52 1.29% 13,104 Russell 2000 33.05 1.78% 1,888 Despite weaker China trade data (exports declined more than anticipated) and more cautious OECD comments (see a sluggish recovery for the world … Read More
Mid-Morning Look Wednesday, June 07, 2023 Index Up/Down % Last DJ Industrials 22.69 0.07% 33,595 S&P 500 4.56 0.11% 4,288 Nasdaq 23.88 0.18% 13,300 Russell 2000 32.09 1.73% 1,887 U.S. stocks rise to start the day, with the S&P 500 coming off its best closing levels since last August and the Nasdaq hitting fresh 52-week highs as … Read More
Early Look Wednesday, June 7, 2023 Futures Up/Down % Last Dow -16.00 0.05% 33,601 S&P 500 1.25 0.02% 4,290 Nasdaq -7.50 0.05% 14,579 U.S. futures are looking flat, holding steady just shy of the 4,300 level for the S&P 500 despite weaker China monthly trade balance data. China May Exports fell -7.5% y/y vs -0.4% consensus; Imports fell … Read More
Closing Recap Tuesday, June 06, 2023 Index Up/Down % Last DJ Industrials 10.43 0.03% 33,573 S&P 500 9.94 0.23% 4,283 Nasdaq 46.99 0.36% 13,276 Russell 2000 48.69 2.69% 1,855 U.S. stocks held steadily higher most of the afternoon as investors weigh the possibility of a Fed interest rate “pause” at next … Read More
Mid-Morning Look Tuesday, June 06, 2023 Index Up/Down % Last DJ Industrials -5.96 0.02% 33,556 S&P 500 3.80 0.09% 4,277 Nasdaq 16.46 0.12% 13,245 Russell 2000 25.32 1.40% 1,832 Another weak open for U.S. stocks, was met with another quick bounce/rally into positive territory as every pullback, no matter how slight, has been met with buying since … Read More
Early Look Tuesday, June 6, 2023 Futures Up/Down % Last Dow -42.00 0.12% 33,577 S&P 500 -4.50 0.11% 4,276 Nasdaq -14.50 0.10% 14,574 S&P futures down a modest -0.1% at 4,276 after trading in narrow 12-point range overnight (4,285 high and 4,273.75 low) as stocks continue to hold recent upside gains. There is no major US economic data … Read More
Closing Recap Monday, June 05, 2023 Index Up/Down % Last DJ Industrials -200.16 0.59% 33,562 S&P 500 -8.62 0.20% 4,273 Nasdaq -11.34 0.09% 13,229 Russell 2000 -24.19 1.32% 1,806 U.S. stocks end the day lower, erasing earlier gains led by some late day selling pressure in tech. Apple (AAPL) shares topped … Read More
Mid-Morning Look Monday, June 05, 2023 Index Up/Down % Last DJ Industrials -73.29 0.22% 33,689 S&P 500 4.57 0.11% 4,286 Nasdaq 27.27 0.21% 13,268 Russell 2000 -31.23 1.72% 1,799 U.S. stocks opened higher, continuing their torrid advance with the S&P 500 rising as much as 20% now from the October lows, setting to enter Bull market territory, … Read More
Early Look Monday, June 5, 2023 Futures Up/Down % Last Dow 26.00 0.08% 33,843 S&P 500 1.25 0.03% 4,289 Nasdaq -27.50 0.19% 14,548 U.S. futures are looking flattish after posting another weekly advance on Friday as the S&P rose 1.82%, the Dow added 2.02%, the Nasdaq gained 2.04% and the Russell 2000 gained 3.26% (rising 4.64% the last … Read More
