Featured Commentaries
    Market Daily Updates
    Stock Market Today: September 30, 2020
    Harvey S. Katz, CFA  |  09/30/2020
    Following a two-session run by the bulls, in which the Dow Jones Industrial Average pushed ahead by more than 700 points, in an impressive end-of-month comeback, the stock market closed the Tuesday session with modest losses in the major market averages. Concerns about the rising toll of the coronavirus, in which total U.S. deaths now top 207,000 and consequent worries about the poor performance of the economy hit the stock market with a one-two punch. After early gains in the equity futures last evening, the market seems poised to start the current session to the downside.
    Market Daily Updates
    Stock Market Today: September 29, 2020
    Mario Ferro  |  09/29/2020
    Wall Street soared higher yesterday, building on Friday’s advance. Traders were injected with a boost of confidence following reports that House Democrats would try to push ahead with a stimulus package, with a vote possibly early next month. As we look to the new day, stocks in Asian markets turned in a mixed performance, and the European bourses are trading down slightly. Meanwhile, U.S. stock futures are suggesting the major indexes will open with modest declines, and crude oil prices have slipped about half a percentage point.
    Market Daily Updates
    Stock Market Today: September 25, 2020
    Harvey S. Katz, CFA  |  09/25/2020
    To this point, at least, September has lived up to its reputation as a difficult month for investors. Thus, after a short-lived two-day advance to start the 30-day span, Wall Street has spent the following three weeks heading notably lower, with the past several days being especially trying, with declines of over 500 points in the Dow Jones Industrial Average on Monday and Wednesday alone. Then, yesterday morning, the stock market fell further initially, with the Dow dropping by more than 200 points.
    Market Daily Updates
    Stock Market Today: September 24, 2020
    Harvey S. Katz, CFA  |  09/24/2020
    September certainly is living up to its reputation as a difficult month for the stock market. On point, after several weeks of losses heading into the current five-day span, the bulls have had an increasingly trying stretch over the past three sessions. Specifically, after the Dow Jones Industrial Average had fallen to an intraday setback of as much as 950 points early Monday, before making back almost half of that deficit, the market staged a modest recovery on Tuesday before tumbling anew yesterday.
    Market Daily Updates
    Stock Market Today: September 23, 2020
    Harvey S. Katz, CFA  |  09/23/2020
    After a tough showing earlier this week, the major indexes rose modestly in Tuesday’s session. In all, the NASDAQ would lead the way, with a 184-point gain on strength in some high-profile tech names. The Dow Industrials, meantime, would add 140 points. Worries about the economy and the intensifying COVID-19 outbreak in Europe capped the market's latest improvement. Now, looking ahead to the middle session, we see that earnings and corporate news may have an impact on stocks. As to the day ahead, the latest trends in the futures suggest a strongly positive opening this morning, as the bulls, emboldened by NIKE stock strive to extend yesterday's rebound.