Featured Commentaries
    Market Daily Updates
    Stock Market Today: July 18, 2019
    Harvey S. Katz, CFA and John E. Seibert III  |  07/18/2019
    The markets started the day lower, as some mixed earnings reports and fears about a trade deal with China taking longer than expected hurt sentiment. All in all, the Dow closed the day up three points, the S&P 500 was higher by 11 points, and the NASDAQ gained 22 points.
    StockHighlights
    Dow 30 Earnings: UnitedHealth Group Second Quarter 2019
    Erik M. Manning  |  07/18/2019
    Shares of UnitedHealth Group dive lower following the release of the company’s June-quarter results.
    StockHighlights
    Dow 30 Earnings: International Business Machines Second Quarter 2019
    Theresa Brophy  |  07/18/2019
    International Business Machines, (IBM) a global supplier of computer hardware, software, and services to large enterprises, as well as a Dow 30 component, reported earnings of $3.17 a share for the June quarter, adjusted for $0.36 of so-called nonoperating costs. That compares favorably to our estimate of $3.05 and results in the 2018 June term of $3.08. Revenues declined a currency-adjusted 1.6%, but the stock traded higher in early Thursday morning trading.
    Market Daily Updates
    Stock Market Today: July 17, 2019
    Harvey S. Katz, CFA and Adam Rosner  |  07/17/2019
    The equity market opened lower this morning, and was unable to recover any ground in the afternoon. In fact, some late-day selling made matters quite a bit worse. Traders were likely concerned that the second-quarter earnings season may show some signs of weakness forming in the corporate sector.
    Market Daily Updates
    Stock Market Today: July 16, 2019
    Harvey S. Katz, CFA and John E. Seibert III  |  07/16/2019
    The markets started out choppily today, despite the release of solid economic news and generally better quarterly earnings reports. Retail sales were higher than expected, while earnings at a few banks showed solid year-over-year gains. All told, the Dow closed down 24 points, the S&P 500 was lower by 10 points, and the NASDAQ decreased 35 points.
    • Research Notes
      Nov 17, 2019
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