Featured Commentaries
    Market Daily Updates
    Stock Market Today: March 4, 2021
    Harvey S. Katz, CFA  |  03/04/2021
    This week in the stock market, equities have continued the recent pattern: we might call it up, down, and all around -- often within the same session. Yesterday once more, it was the fluctuation of Treasury note and bond yields that moved the needle for stocks. The major market averages closed on a down note.
    Market Daily Updates
    Stock Market Today: March 3, 2021
    Harvey S. Katz, CFA  |  03/03/2021
    After entering March like a lion, with a better-than-600-point surge in the Dow Jones Industrial Average on Monday, things quieted down to a more lamb-like performance yesterday. Bond yields stabilized and there was little of note on the economic front. So, stocks mainly drifted lower, with more early weakness in the NASDAQ than on either the Dow or the S&P 500. Stocks then closed on a major down note.
    Market Daily Updates
    Stock Market Today: March 2, 2021
    Mario Ferro  |  03/02/2021
    Stocks started the first week of March on a strong up note, with sizable gains posted in Asia, Europe, and the United States. As we look to the new day, stocks in Asia-Pacific had a down session, but the European bourses are adding to yesterday’s gains. Meanwhile, U.S. stock futures are suggesting the major indexes will open slightly lower.
    Market Daily Updates
    Stock Market Today: March 1, 2021
    William G. Ferguson  |  03/01/2021
    The final trading week of February was a wild and quite volatile one for equity market participants. Over the course of the five-day stretch, we saw some bifurcated performances, with disparate results from the Dow Jones Industrial Average and the NASDAQ Composite, but the overall undertone was decisively bearish.
    Market Daily Updates
    Stock Market Today:February 26, 2021
    Harvey S. Katz, CFA  |  02/26/2021
    It continues to be all about interest rates, or more specifically about rapidly rising yields on the U.S. 10-year Treasury notes and the companion 30-year Treasury bond. The fears continue to be that those increasing yields, which are a consequence of an improving economy and greater pricing pressures, will prove competition for stocks. This was clearly the case yesterday when a trio of strong economic readings pushed the 10-year Treasury note yield briefly past 1.61%--or four times the low seen in 2020. Stocks plummeted as a result.