- Featured CommentariesMarket Daily UpdatesStock Market Today: November 12, 2018William G. Ferguson, Harvey S. Katz, CFA, and Adam Rosner | 11/12/2018Stocks opened lower this morning, and weakened further as the session progressed. Ultimately, the bulls and bargain hunters remained on the sidelines, making it difficult for the major averages to rebound. At the close of the session, the Dow Jones Industrial Average was down 602 points; the broader S&P 500 Index was off 55 points; and the technology-heavy NASDAQ was lower by 206 points (nearly a 3% drop).Market Daily UpdatesStock Market Today: November 9, 2018Harvey S. Katz, CFA and Robert Mitkowski | 11/09/2018Stocks took a breather from their post-election rally and closed the week lower on Friday. At the close, the Dow Jones Industrial Average was off 202 points; the NASDAQ slumped 124 points; and the S&P 500 gave back 26 points. The broader market followed suit, with about two stocks declining for every one advancing on the New York Stock Exchange. More stocks hit 52-week lows than highs.StockHighlightsDow 30 Earnings: The Walt Disney Company Fourth Quarter Fiscal 2018Orly Seidman | 11/09/2018Media conglomerate and Dow-30 component The Walt Disney Company closed out fiscal 2018 in fine fashion. The Parks & Resorts and Studio Entertainment businesses once again led the way. The stock was modestly higher in early trading.Market Daily UpdatesStock Market Today: November 8, 2018Harvey S. Katz, CFA and John E. Seibert III | 11/08/2018Early trading was mixed today, as participants waited for the results of the Federal Reserves FOMC meeting. The indices fell on the statement release, before quickly rebounding to their prior levels in the next few minutes. As the day progressed, the broader markets resumed their decline and hit fresh daily lows for a brief spell. Overall, the Dow Jones Industrial Average ended nominally higher, while the NASDAQ fell 0.5%.Market Daily UpdatesThe Federal Reserve Held The Line On Interest Rates This AfternoonHarvey S. Katz, CFA | 11/08/2018An increasingly transparent Federal Reserve did the expected earlier this afternoon and the stock market yawned. On point, the lead bank's FOMC meeting voted unanimously to keep the federal funds rate target unchanged at 2.25%. This was the penultimate Fed meeting of this year, with one more get together scheduled for next month.
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