Market Review: May 13, 2022

Closing Recap Friday, May 13, 2022 Index Up/Down % Last DJ Industrials 465.64 1.47% 32,195 S&P 500 93.78 2.39% 4,023 Nasdaq 434.04 3.82% 11,805 Russell 2000 52.66 3.03% 1,792   Equity Market Recap ·     Friday the 13th ended up not being so scary after all, as major averages significantly pared weekly losses, putting in strong gains across the board, but was … Read More

Mid-Morning Look: May 13, 2022

Mid-Morning Look Friday, May 13, 2022 Index Up/Down % Last   DJ Industrials 484.32 1.53% 32,214 S&P 500 86.95 2.21% 4,017 Nasdaq 369.35 3.25% 11,740 Russell 2000 41.40 2.38% 1,780     U.S. stocks surging to start the day, as investors jump on board after a massive drop to start the year but remains on track for losses this week … Read More

Morning Preview: May 13, 2022

Early Look Friday, May 13, 2022 Futures Up/Down % Last Dow 235.00 0.74% 31,887 S&P 500 42.25 1.08% 3,969 Nasdaq 200.50 1.68% 12,147     U.S. futures looking at a strong bounce early, paring its weekly losses following strength in Asian markets overnight after Shanghai authorities said they are aiming for Zero-Covid at community level by “mid-May” as they aim … Read More

Market Review: May 12, 2022

Closing Recap Thursday, May 12, 2022 Index Up/Down % Last DJ Industrials -104.07 0.33% 31,730 S&P 500 -4.89 0.12% 3,930 Nasdaq -15.32 0.06% 11,370 Russell 2000 21.13 1.23% 1,739   Equity Market Recap ·     Stocks finish mixed heading into Friday the 13th (well off worst levels), with the S&P 500 hitting new 2022 lows and the Dow Jones Industrial Average now … Read More

Mid-Morning Look: May 12, 2022

Mid-Morning Look Thursday, May 12, 2022 Index Up/Down % Last   DJ Industrials -63.27 0.20% 31,770 S&P 500 3.50 0.09% 3,938 Nasdaq 15.32 0.09% 11,379 Russell 2000 15.67 0.91% 1,733     U.S. stocks volatile again, trying to bounce after tumbling sharply the first few days of the week (and last week), with the S&P 500 down roughly 5% this … Read More

Morning Preview: May 12, 2022

Early Look Thursday, May 12, 2022 Futures Up/Down % Last Dow -149.00 0.44% 31,603 S&P 500 -22.25 0.58% 3,907 Nasdaq -117.50 0.98% 11,852     Unrelenting selling pressure continues overnight, with U.S. futures extending declines which has left the Nasdaq Composite and Russell 2000 down roughly 30% from all-time highs and the S&P 500 down 18%, hovering around bear market … Read More

Market Review: May 11, 2022

Closing Recap Wednesday, May 11, 2022 Index Up/Down % Last DJ Industrials -326.37 1.01% 31,834 S&P 500 -65.80 1.64% 3,935 Nasdaq -373.44 3.18% 11,364 Russell 2000 -41.93 2.29% 1,719   Equity Market Recap ·     Another day of intense selling pressure for major averages, led by a 3% drop in the Nasdaq to its lowest levels since November 2020 (falling 400-points off … Read More

Mid-Morning Look: May 11, 2022

Mid-Morning Look Wednesday, May 11, 2022 Index Up/Down % Last   DJ Industrials 344.73 1.07% 32,505 S&P 500 39.14 0.98% 4,040 Nasdaq 50.98 0.43% 11,788 Russell 2000 20.61 1.21% 1,783     U.S. stocks slip then rip on CPI data, now what? Treasury yields spike as headline and core CPI inflation numbers came in above economist estimates but were down … Read More

Morning Preview: May 11, 2022

Early Look Wednesday, May 11, 2022 Futures Up/Down % Last Dow 290.00 0.90% 32,377 S&P 500 46.25 1.15% 4,043 Nasdaq 182.00 1.47% 162,531     U.S. futures are rising around 1% to 4,040, near overnight highs (4,043.75) and Treasury yields are sliding for a third straight day, with the 10-yr down around 2.94% ahead of the CPI reading later this … Read More

Market Review: May 10, 2022

Closing Recap Tuesday, May 10, 2022 Index Up/Down % Last DJ Industrials -85.55 0.27% 32,160 S&P 500 9.75 0.24% 4,000 Nasdaq 114.42 0.98% 11,737 Russell 2000 -0.08 0.01% 1,762   Equity Market Recap ·     U.S. stocks closed mixed, snapping the 3-day losing streak for the S&P 500 and Nasdaq after oversold conditions (though the Dow was lower), ahead of key monthly … Read More