Featured Commentaries
    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.
    Market Daily Updates
    Stock Market Today: September 22, 2020
    John E. Seibert III  |  09/22/2020
    The stock market put in a soft performance yesterday, as traders feared that an economic recovery from the coronavirus would take longer than initially thought. Looking to the day ahead, the equity futures are mixed. Overall, we think traders will focus on the Fed Chairman’s testimony before Congress and any developments on the coronavirus front.
    Market Daily Updates
    Stock Market Today: September 21, 2020
    William G. Ferguson and Harvey S. Katz, CFA  |  09/21/2020
    September is certainly living up to its reputation as a most difficult month on Wall Street. To wit, after a nifty start to this 30-day span with gains on the first two trading days of this month, the tide has turned and rather quickly, with this morning's bearish action just the latest setback for the bulls. Today's retreat, which came to 815 points in the Dow Jones Industrial Average, as the noon hour arrived on the East Coast, was most pronounced in those blue chips. There also were major selloffs in the S&P 500 Index, the tech-laden NASDAQ, and the small-cap Russell 2000 Composite.