- Featured CommentariesMarket Daily UpdatesStock Market Today: May 24, 2019Harvey S. Katz, CFA and Mario Ferro | 05/24/2019Stocks began the final session before the Memorial Day weekend on a solid note. Although the U.S. equity markets took a big dip around mid-morning, they regained their footing and remained on the plus side for the rest of the session.Market Daily UpdatesStock Market Today: May 23, 2019Harvey S. Katz, CFA and John E. Seibert III | 05/23/2019The premarket started out much weaker today, as worries expanded about the growing tensions between China and the United States overnight. The Dow Jones Industrial Average futures were down by as many as 300 points, while the other composites were off in tandem. The negative sentiment carried on through the start of trading, and the market slid further. Still, the markets rebounded a bit into the final portion of the session, recovering some of the losses. All told, the Dow closed lower by 286 points, the S&P 500 finished down 34 points, and the NASDAQ fell 123 points.Market Daily UpdatesStock Market Today: May 22, 2019Harvey S. Katz, CFA and Adam Rosner | 05/22/2019The stock market moved lower earlier today, and remained in negative territory throughout the afternoon. Clearly, investors were concerned that trade relations between the United States and China will probably remain under pressure for some time, and that a quick deal may not materialize any time soon.Market Daily UpdatesStock Market Today: May 21, 2019Harvey S. Katz, CFA and John E. Seibert III | 05/21/2019The market started out strongly today, as some trade restrictions on Chinas telecom giant Huawei were eased. The Commerce Department stated that it would issue a 90-day license for some U.S. companies to continue working with that corporation. Many traders saw this as a decline in trade tensions, and sentiment improved. The markets closed not too far off the highs of the day. All told, the Dow closed the day up 197 points, the S&P 500 was higher by 24 points, and NASDAQ increased 83 points.StockHighlightsDow 30 Earnings: The Home Depot Fiscal First Quarter 2019Ian Gendler | 05/21/2019Shares of The Home Depot (HD) were little changed after the world's largest home-improvement retailer released decent fiscal first-quarter (ended May 5th) financial results. Sales in the three-month period increased 5.7% from a year earlier, to $26.381 billion, nearly matching our $26.400 billion target. That said, comparable-store sales growth of 2.5% was below consensus analyst estimates of 4.2%. Inclement weather and an extra week in the previous year weighed on the retailer's same-store sales.
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