Featured Commentaries
    Market Daily Updates
    Stock Market Today: December 19, 2024
    William G. Ferguson  |  12/19/2024

    This morning, we did get some data on the economy, but all of those reports are taking a backseat to the latest Federal Reserve monetary policy decision, which came at 2:00 P.M. (EST) yesterday. The Federal Open Market Committee (FOMC) made its final monetary decision of 2024 by cutting the federal funds rate by a quarter point, to 4.25%-4.50%.

    Market Daily Updates
    Stock Market Today: December 18, 2024
    John E. Seibert III  |  12/18/2024

    The futures markets are well in the green this morning, ahead of the Federal Open Market Committee (FOMC) meeting later today. The market widely expects the Federal Reserve to cut its benchmark interest rate by 25 basis points, to between 4.25% and 4.50%, when the decision is announced this afternoon.

    Market Daily Updates
    Stock Market Today: December 17, 2024
    Mario Ferro  |  12/17/2024

    Stock futures are suggesting a modestly down start for the major indexes.  Investors will likely parse the latest industrial production data for November, ahead of the Fed’s final monetary policy decision of the year and comments on the path of interest-rate cuts in 2025.

    Market Daily Updates
    Stock Market Today: December 16, 2024
    David M. Reimer  |  12/16/2024

    The futures market suggests that the major stock indexes will open in a positive manner today. Prior to the bell, the Federal Reserve Bank of New York released its Empire State Manufacturing Survey for the month of December. The index came in at a low 0.2, versus economists’ expectation of 10.0 and the previous month level of 31.2. This index, however, can be quite volatile month to month. It has indicated a recovery for much of this year, following marked weakness in 2022 and 2023.

    Market Daily Updates
    Stock Market Today: December 13, 2024
    David M. Reimer  |  12/13/2024

    The futures market is pointing to a positive open to today’s stock trading. Early this morning, the Bureau of Labor Statistics released additional inflation data.