Featured Commentaries
    Market Daily Updates
    Stock Market Today: September 19, 2018
    William G. Ferguson and Robert Mitkowski  |  09/19/2018
    The major stock averages turned in a mixed performance on Wednesday. A strong rise on the Dow Jones Industrial Average was contrasted by a slight decline on the NASDAQ. The Dow was apparently helped by a lingering feeling of relief that certain proposed tariffs were not as drastic as they might have been. At the close, the Dow Jones Industrials rose 159 points; but the NASDAQ lost six points. Meantime, the S&P 500 edged a few points higher.
    Market Daily Updates
    Stock Market Today: September 18, 2018
    Harvey S. Katz, CFA and Mario Ferro  |  09/18/2018
    The U.S. equity markets opened today’s session solidly to the upside, and largely added to those gains as the day wore on. Traders appear to have put the latest trade escalations between the U.S. and China, aside, at least temporarily. On Monday President Trump announced a new series of tariffs on goods from the key trading partner, this time targeting another $200 billion in goods. What’s more, he warned of potential further levies down the line. Unsurprisingly, China responded with higher tariffs on U.S. goods, though it fell short of making it a dollar-for-dollar match.
    Market Daily Updates
    Stock Market Today: September 17, 2018
    Harvey S. Katz, CFA and Adam Rosner  |  09/17/2018
    Equities got off to a soft start this morning, with further weakness developing in the afternoon. Some of today’s selling may have had to do with concerns that the United States will impose more tariffs on China, one of our major trading partners. At the close of the session, the Dow Jones Industrial Average was down almost 93 points; the broader S&P 500 Index was off 16 points; and the NASDAQ was lower by 114 points (a more than 1% drop).
    Market Daily Updates
    Stock Market Today: September 14, 2018
    Harvey S. Katz, CFA and Adam Rosner  |  09/14/2018
    Equities pressed ahead earlier this morning, sank into negative territory around noon, but managed to largely recover by the end of the session. At the close of trading, the Dow Jones Industrial Average was ahead nine points; the broader S&P 500 Index was up nominally; but the NASDAQ was off four points. Market breadth showed a mixed session, with advancers just ahead of decliners on the NYSE. The major equity groups were divided, too, as gains in the financials, industrials, and basic materials issues, offset losses in the healthcare and utility stocks.
    Market Daily Updates
    Stock Market Today: September 13, 2018
    Harvey S. Katz, CFA and Adam Rosner  |  09/13/2018
    The stock market opened sharply higher this morning, and managed to maintain most of these gains through the afternoon. In addition to a favorable batch of economic reports, traders were hopeful that relations with China, our largest trading partner, might soon improve. At the close of the day, the Dow Jones Industrial Average was ahead 147 points, the broader S&P 500 Index was up 15 points; and the NASDAQ was higher by 59 points.
    • Research Notes
      Sep 21, 2018
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      Sep 21, 2018
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