Market Review: May 27, 2022

Closing Recap Friday, May 27, 2022 Index Up/Down % Last DJ Industrials 576.36 1.77% 33,213 S&P 500 100.43 2.47% 4,158 Nasdaq 390.48 3.33% 12,131 Russell 2000 48.96 2.66% 1,887   Equity Market Recap ·     U.S. stocks finally put in a good week, closing at the highs of the day amid a squeeze into the 3-day holiday weekend, with more than 6% … Read More

Mid-Morning Look: May 27, 2022

Mid-Morning Look Friday, May 27, 2022 Index Up/Down % Last   DJ Industrials 269.37 0.83% 32,906 S&P 500 63.26 1.56% 4,121 Nasdaq 261.55 2.23% 12,002 Russell 2000 24.07 1.31% 1,862     U.S. stocks looking at big gains this week, with the S&P 500 and Nasdaq set to snap their 7-week losing streaks and the Dow its 8th straight (longest … Read More

Morning Preview: May 27, 2022

Early Look Friday, May 27, 2022 Futures Up/Down % Last Dow 31.00 0.10% 32,631 S&P 500 11.25 0.29% 4,067 Nasdaq 57.50 0.47% 12,337     U.S. futures are looking good early, trying to build on this week advance with S&P futures +0.3% to 4,068, looking to close the week out strong and snap its 7-week losing streak (comes into the … Read More

Market Review: May 26, 2022

Closing Recap Thursday, May 26, 2022 Index Up/Down % Last DJ Industrials 518.16 1.61% 32,638 S&P 500 79.21 1.99% 4,057 Nasdaq 305.91 2.68% 11,740 Russell 2000 39.07 2.17% 1,838   Equity Market Recap ·     Rally caps were out on Thursday, as solid reports in retail helped ease some of the recent gloom in the sector, but the rally was broad based … Read More

Mid-Morning Look: May 26, 2022

Mid-Morning Look Thursday, May 26, 2022 Index Up/Down % Last   DJ Industrials 453.63 1.41% 32,753 S&P 500 62.07 1.56% 4,040 Nasdaq 217.90 1.92% 11,654 Russell 2000 28.57 1.59% 1,827     U.S. stocks are rebounding bigly, with the Dow on pace for a 5-day win streak, longest since March as investors are starting to take weaker earnings and softer … Read More

Morning Preview: May 26, 2022

Early Look Thursday, May 26, 2022 Futures Up/Down % Last Dow 59.00 0.18% 32,135 S&P 500 4.25 0.11% 3,981 Nasdaq -21.50 0.18% 11,920     U.S. futures are higher with the S&P rising +0.1% to 3,981 (overnight high 3,993.50 and low 3,960.50), looking to build on yesterday’s strong gains and snap its 7-week losing streak (up 1.98% WTD into today). … Read More

Market Review: May 25, 2022

Closing Recap Wednesday, May 25, 2022 Index Up/Down % Last DJ Industrials 192.91 0.60% 32,121 S&P 500 37.52 0.95% 3,979 Nasdaq 170.29 1.51% 11,434 Russell 2000 34.10 1.93% 1,798   Equity Market Recap ·     U.S stocks teetered between gains and losses this morning ahead of the Fed minutes of the May policy meeting. Stocks then jumped, dumped, and then spiked following … Read More

Mid-Morning Look: May 25, 2022

Mid-Morning Look Wednesday, May 25, 2022 Index Up/Down % Last   DJ Industrials 187.51 0.59% 32,116 S&P 500 32.79 0.83% 3,974 Nasdaq 137.54 1.22% 11,403 Russell 2000 20.90 1.18% 1,785     U.S. stocks jumping after a volatile trading day Tuesday, with investors eagerly awaiting the release of the minutes from the FOMC May meeting, looking for clues surrounding the … Read More

Morning Preview: May 25, 2022

Early Look Wednesday, May 25, 2022 Futures Up/Down % Last Dow -29.00 0.09% 31,851 S&P 500 0.00 0.00% 3,940 Nasdaq 18.00 0.15% 11,789     S&P futures are little changed at 3,940 after a volatile session on Tuesday saw it settle down -0.8% at 3,941 but finished well off morning lows of 3,872 – futures steady ahead of today’s FOMC … Read More

Market Review: May 24, 2022

Closing Recap Tuesday, May 24, 2022 Index Up/Down % Last DJ Industrials 50.82 0.16% 31,931 S&P 500 -31.54 0.79% 3,942 Nasdaq -270.83 2.35% 11,264 Russell 2000 -28.40 1.58% 1,764   Equity Market Recap ·     As has been the pattern recently, equities reversed a nice gain yesterday. SNAP’s profit warning and more lackluster results from retailers were compounded by softer PMI and housing … Read More