Market Daily

Market Recap US Markets: Stocks rose to record levels on Friday, and booked a weekly gain for the fourth time in five weeks. This comes despite a disappointing U.S. jobs report. The Dow Jones closed higher by 248 points, or 0.83%. The S&P 500 also gained 0.9%, and the Nasdaq advanced 0.7%. All three indices […]

Market Recap US Markets: Mixed vaccine data weighed on markets on Thursday as the indices closed mixed. After rising for most of the day, U.S. stocks fell in the final hour of trading after reports that Pfizer was scaling back its vaccine rollout plan for 2020 due to supply chain issues. Pfizer now expects to […]

Market Recap US Markets: The S&P 500 closed at a record high for a second day in a row. Investors weighed the latest developments on a new stimulus package. The Dow Jones climbed 59.87 points, or 0.2%, the S&P 500 gained .18%, and the Nasdaq fell 0.1%. Senate Majority Leader Mitch McConnell’s rejection of a […]

Market Recap US Markets: U.S. stocks recovered losses from yesterday, and jumped to kick off December. November’s rally continued on to start the final month of 2020- a year which has been quite trying and difficult.   The Dow Jones climbed 185.28 points, or 0.6%, to 29,823.92, and jumped more than 400 points at its session […]

Market Recap US Markets: Stocks sharply fell on Monday to end November as traders took profits, and monitored the progression of COVID. Over 266,000 people have now died from the pandemic in the U.S., with more than 13 million confirmed cases in the country. Los Angeles County in California also imposed a new stay-home order […]

Market Recap US Markets: In a limited trading day, stocks rose to close out the week as traders wrapped up a strong week amid political clarity and positive vaccine news. After touching 30,000 points earlier in the week, The Dow Jones closed higher by 37.90 points, or 0.1% at 29,910.37. The S&P 500 notched another […]

Market Recap US Markets: Markets cooled off on the final trading day before the Thanksgiving holiday. Trading volume was lighter than usual today, and The Dow Jones fell after rip-roaring gains this week sent the index past 30,000 for the first time ever yesterday.   The Dow slid about 173.77 points, or 0.6%, to 29,872.47. The […]

Market Recap US Markets: Markets surged for the 2nd day in a row amidst more vaccine-related mania, optimism for a strong economic recovery in 2021, easing of political uncertainty with the Trump administration finally beginning the transition process for President-elect Joe Biden, and approval of Joe Biden’s Treasury Secretary pick- former Fed Chief Janet Yellen.  […]

Market Recap US Markets: Vaccine-related euphoria once again permeated the markets as stocks rose to start the week after AstraZeneca and the University of Oxford said their coronavirus vaccine was up to 90% effective. This partnership now has the third prospective promising vaccine candidate to hopefully eradicate the coronavirus.  The Dow Jones closed 327.79 points […]

Market Recap US Markets: Stocks fell on Friday due to concerns of rising new coronavirus cases, and questions around stimulus and emergency funding. With new shutdown measures implemented, the vaccine-related euphoria has been subdued, and doubt has been cast on a swift economic recovery. The Dow Jones dropped 219 points, or 0.8%, the S&P 500 […]