Featured Commentaries
    Market Daily Updates
    Stock Market Today: November 14, 2019
    Harvey S. Katz, CFA and John E. Seibert III  |  11/14/2019
    The futures market started in the red today, as a slew of companies released quarterly earnings reports, both after the bell yesterday and before the open today. Throughout the day, the composites were choppy, as they reacted to news reports, including one that the Speaker of the House, Nancy Pelosi, stated that a breakthrough on the USMCA could be imminent. Still, the market has benefited from several days of upward momentum, and it appears that traders were taking profits throughout the day, causing mixed price performances by the stock exchanges. However, the markets trended back to about breakeven in the final portion of the session, and the S&P 500 reached an all-time high by the close. All told, the Dow closed down two points, the S&P 500 was higher by three points, but the NASDAQ was lower by three points.
    Market Daily Updates
    Dow 30 Earnings: Walmart Inc. Fiscal Third Quarter 2019
    Kevin Downing  |  11/14/2019
    Walmart shares trickle lower following the release of the retail giantÂ’s fiscal third-quarter financial results.
    StockHighlights
    Dow 30 Earnings: Cisco Systems Fiscal First Quarter 2020
    Kevin Downing  |  11/14/2019
    Networking equipment and software maker Cisco Systems (CSCO) reported mixed results for the October quarter and provided a cautious outlook on its operating environment, causing the shares to decline moderately in price.
    Market Daily Updates
    Stock Market Today: November 13, 2019
    Harvey S. Katz, CFA and Adam Rosner  |  11/13/2019
    The stock market put in a mixed-to-positive session today. Of note, traders seemed less certain that a trade deal between the U.S. and China would be signed in the near future. The constantly shifting situation has been playing itself out in the market for some time now, and this may continue to be the case in the weeks ahead. At the end of trading, the Dow Jones Industrial Average was ahead 92 points; the broader S&P 500 Index was up two points; while the NASDAQ was lower by four points. Market breadth was neutral, with winners just ahead of losers on the NYSE. From a sector perspective, the utilities and the consumer names pressed ahead, while the basic materials issues retreated.
    Market Daily Updates
    Stock Market Today: November 12, 2019
    Harvey S. Katz, CFA and Adam Rosner  |  11/12/2019
    The equity markets pressed ahead earlier this morning, but gradually retreated as the day unfolded, before firming again at the end. Of note, Wall Street continues to look for signs that a trade deal between the U.S. and China will materialize in the near future. However, it is still unclear if, and when, such a development might take place. No doubt, the shifting situation, and remarks from the Administration, have added some choppiness to the market lately. At the end of trading today, the Dow Jones Industrial Average was unchanged; the broader S&P 500 Index was ahead five points; and the NASDAQ was higher by 22 points.