Featured Commentaries
    Market Daily Updates
    Stock Market Today: May 26, 2020
    John E. Seibert III  |  05/26/2020
    The U.S. futures are pointing to a higher opening. Following the Memorial Day holiday, more states begin to reopen their economies from the coronavirus-related lockdowns. Too, investor sentiment is improving, thanks to hopes that a coronavirus vaccine would be found.
    Market Daily Updates
    Stock Market Today: May 22, 2020
    Harvey S. Katz, CFA  |  05/22/2020
    Wall Street strode into the penultimate session of this week on something of a high note, having booked solid aggregate increases over the past three trading days. And it added to those gains in the first hour of trading yesterday, buoyed by solid quarterly earnings performances from some retailing chains. However, there was a continuing cloud over the market, and that was the steady drumbeat of millions of new layoffs. As this was Thursday morning, the Labor Department reported its latest weekly jobless claims figures.
    Market Daily Updates
    Stock Market Today: May 21, 2020
    Harvey S. Katz, CFA  |  05/21/2020
    The U.S. stock market pressed higher yesterday on the reopening optimism as well as on hopes that a vaccine for COVID-19 would soon be found as another potential entrant into this arena surfaced, two days after Moderna (MRNA) entered the fray. We think additional candidates will emerge in the coming days, weeks, and months, as the battle to combat COVID-19 continues. Finally, after Thursday's constructive session, the U.S. equity futures are suggesting some profit taking at the open this morning.
    Market Daily Updates
    Stock Market Today: May 20, 2020
    Harvey S. Katz, CFA  |  05/20/2020
    The stock market, on a veritable tear to start the new trading week on Monday, as growing hopes for a vaccine to combat COVID-19, helped to fuel a stealth advance on the session, saw the Dow Jones Industrial Average climb back above 24,000, with an advance of 912 points. As to those vaccine hopes, they were led by Moderna (MRNA), and its supportive Phase 1 test results on a relatively small sample of individuals. The stock surged on that news, but retraced some of those gains yesterday.
    Market Daily Updates
    Stock Market Today: May 19, 2020
    Adam Rosner  |  05/19/2020
    The U.S. stock market displayed notable strength yesterday, commencing the week on an upbeat note. Meanwhile, Wall Street continues to keep a careful eye on the coronavirus pandemic and its impact on the corporate sector. Traders are watching, as numerous states across the nation are starting to reopen for business. Looking to the day ahead, the S&P 500 futures are indicating a slightly lower opening.