Market Review: November 23, 2022

Closing Recap Wednesday, November 23, 2022 Index Up/Down % Last DJ Industrials 97.01 0.28% 34,195 S&P 500 23.89 0.60% 4,027 Nasdaq 110.91 0.99% 11,285 Russell 2000 3.08 0.17% 1,863   Equity Market Recap ·     Modestly softer economic data gave US equities an early boost, but both the S&P and NASDAQ slipped back to neutral territory by mid-day with little other news … Read More

Mid-Morning Look: November 23, 2022

Mid-Morning Look Wednesday, November 23, 2022 Index Up/Down % Last   DJ Industrials 90.33 0.26% 34,188 S&P 500 22.84 0.57% 4,026 Nasdaq 115.47 1.03% 11,289 Russell 2000 3.53 0.19% 1,863     U.S. stocks in rally mode ahead of the Thanksgiving Day holiday, rising on light volume as stocks “squeeze” higher with the S&P 500 at more than 2-month highs. … Read More

Morning Preview: November 23, 2022

Early Look Wednesday, November 23, 2022 Futures Up/Down % Last Dow 18.00 0.05% 34,144 S&P 500 3.25 0.10% 4,014 Nasdaq 15.50 0.13% 11,770     U.S futures are slightly higher, adding to 2-month highs for the S&P on light volume overnight ahead of the Thanksgiving Day holiday tomorrow where markets will be closed in the US. A busy day of … Read More

Market Review: November 22, 2022

Closing Recap Tuesday, November 22, 2022 Index Up/Down % Last DJ Industrials 397.75 1.18% 34,098 S&P 500 53.69 1.36% 4,003 Nasdaq 149.90 1.36% 11,174 Russell 2000 21.30 1.16% 1,860   Equity Market Recap ·     Stocks “melted” higher on light volumes alongside light macro news and slowing earnings into the Thanksgiving Day holiday as major averages finished at their best levels of … Read More

Mid-Morning Look: November 22, 2022

Mid-Morning Look Tuesday, November 22, 2022 Index Up/Down % Last   DJ Industrials 266.31 0.79% 33,966 S&P 500 25.31 0.64% 3,975 Nasdaq 30.67 0.28% 11,055 Russell 2000 11.91 0.65% 1,851     U.S. stocks open higher, fade quickly, but quickly regain momentum, led by strength in Energy, Industrials, Materials, and Financials while Technology and Discretionary lag. Volumes are expected to … Read More

Morning Preview: November 22, 2022

Early Look Tuesday, November 22, 2022 Futures Up/Down % Last Dow 21.00 0.06% 33,756 S&P 500 1.25 0.04% 3,959 Nasdaq -5.50 0.05% 11,582     U.S. futures are edging higher in narrow trading heading into the Thanksgiving Day holiday Thursday (markets closed), with major averages stuck in a 100-point range roughly for almost 2-weeks now (3,900-4,000 for the S&P). In … Read More

Market Review: November 21, 2022

Closing Recap Monday, November 21, 2022 Index Up/Down % Last DJ Industrials -44.82 0.13% 33,700 S&P 500 -15.35 0.39% 3,949 Nasdaq -121,55 1.09% 11,024 Russell 2000 -10.59 0.57% 1,839   Equity Market Recap ·     Stocks fell on Thursday amid concern that China may tighten Covid curbs after a string of reported deaths, and increasing cases, while investors rotated money back into … Read More

Mid-Morning Look: November 21, 2022

Mid-Morning Look Monday, November 21, 2022 Index Up/Down % Last   DJ Industrials -91.59 0.27% 33,654 S&P 500 -22.06 0.56% 3,943 Nasdaq -97.78 0.88% 11,048 Russell 2000 -12.53 0.68% 1,837     U.S. stocks start the week on a down note, with energy, materials, discretionary and technology the biggest drags early after concerns that a rise in China’s Covid-19 infections … Read More

Morning Preview: November 21, 2022

Early Look Monday, November 21, 2022 Futures Up/Down % Last Dow -69.00 0.20% 33,706 S&P 500 -19.25 0.50% 3,954 Nasdaq -85.50 0.73% 11,623   U.S. futures edge lower, with S&P futures down -0.5% as COVID-19 flare ups in China added to concerns about slowing growth. China’s capital warned on Monday that it was facing its most severe test of the … Read More

Market Review: November 18, 2022

Closing Recap Friday, November 18, 2022 Index Up/Down % Last DJ Industrials 200.82 0.60% 33,747 S&P 500 18.92 0.48% 3,965 Nasdaq 1.10 0.01% 11,146 Russell 2000 10.61 0.58% 1,849   Equity Market Recap ·     After an overnight rally, equities took a rest today with no market-moving earnings surprises, only one Fed speaker with relatively balanced comments, and a decidedly pre-holiday feel … Read More