January 17, 2025
The markets finished strong with a run up into the President inauguration as the averages posted their first up week of the year. The Dow Jones Industrial Average added 334 points, or 0.78%, to end at 43,487. The S&P 500 rose 59 points or 1% to 5,996 while the Nasdaq... Read More
January 16, 2025
The major averages were quiet today after a strong performance yesterday as the S&P 500 snapped a three-day winning streak. The Dow Jones Industrial Average slipped 68 points on weakness from UnitedHealth Group. The S&P 500 was down 12 points while the Nasdaq fell 172 points.
The weakness today was... Read More
January 15, 2025
The major averages surged Wednesday thanks to strong bank earnings and a tame inflation consumer price index report. The Dow Jones Industrial Average advanced 703 points, or 1.65%. The S&P 500 rose 107 points or 1.8% while the Nasdaq Composite rallied 2.45% or 466 points to 19,511.
December's consumer price index... Read More
January 14, 2025
The major average went on a wild swing today opening higher, then lower only to finish in the green following lighter-than-expected producer price index report. The Dow Jones 221 points, or 0.52% to close at 42,518. The S&P 500 rose 6 points while the tech-heavy Nasdaq Composite fell 4 3... Read More
January 13, 2025
The major averages are mixed to start the week as tech continues to sell off to start the new year. The Dow Jones Industrial Average had a strong day up 358 points or 0.86% led by healthcare and energy. The S&P 500 rose 9 points while the Nasdaq fell 73... Read More
January 10, 2025
The major averages took a hit today as the first monthly employment number of the new year came in hotter than expected dampening Wall Street's expectations for more interest rate cuts from the Federal Reserve this year. The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to 41,938.45. The... Read More
January 9, 2025
The major averages closed mixed in Wednesday as the markets continue to struggle in 2025. Friday's monthly unemployment data could set the stage on how the averages proceed to start this new year. The Dow Jones Industrial Average rose 106 points, or 0.25%, to end at 42,635. The S&P 500... Read More
January 7, 2025
The major averages pulled back once again led by tech today as chip titan, Nvidia pulled back following the consumer electronics showcase last night. The Dow Jones Industrial Average fell 178 points or 0.42%. The S&P 500 fell 66 points or 1.1% while the Nasdaq Composite slid 375 points or... Read More
January 6, 2025
After a strong open, the major averages closed mixed with the Dow Jones pulling back after a down week to start the new year. The Dow Jones Industrial Average fell 25 points after rallying over 300 points to start the day. The S&P 500 closed up 32 points or 0.55%... Read More
January 3, 2025
The major averages rebounded to end the shortened holiday week to start the New Year. The Dow Jones Industrial Average jumped 339 points or 0.8%. The S&P 500 rose 73 points or 1.26% while the Nasdaq Composite jumped 240 points or 1.77%.
Today looked a lot like 2024, with tech in... Read More
January 2, 2025
The major averages reversed course, trading lower in a choppy first of the new year as the slump from 2024 extended into January. The Dow Jones Industrial Average fell 151 points or 0.36% after rallying 300 points on the open. The S&P 500 fell 13 points while the Nasdaq dropped... Read More
December 31, 2024
The major averages closed in the red to end 2024 but wrapped up another great year boosting the S&P 500 to its second consecutive annual gain exceeding 20%, spurred by enthusiasm for rate cuts, economic strength and artificial intelligence stocks. The Dow Jones Industrial Average fell 29 points to close... Read More
December 30, 2024
The major averages took a hit again as Wall Steet limps into the New Year. The Dow Jones Industrial Average fell 418 points, or 0.97% after dropping over 700 points earlier in the session. The S&P 500 fell 63 points or 1.07% while the Nasdaq Composite slid 235 points or... Read More
December 28, 2024
The major averages fell once again as no Santa Clause rally following Christmas. The Dow Jones Industrial Average fell 333 points or 0.77%, the first decline in six sessions. The... Read More
December 26, 2024
The major averages closed mixed on a quiet trading day with the Dow eking out a gain for a fifth straight day. The Dow Jones Industrial Average rose 28 points or .07%. The S&P 500 fell 2 points while the Nasdaq declined 10 points.
A quiet day for news as well.... Read More
December 24, 2024
The major averages climbed higher on Christmas Eve to squeeze out back-to-back gains for the start of a Santa Clause rally this shortened holiday week. The Dow Jones Industrial Average rose 390 points or 0.91%. The S&P 500 rose 65 points or 1.1% while the Nasdaq Composite jumped 266 points... Read More
December 23, 2024
After a mixed opening, the major averages close in the green led by tech on this holiday shortened week. The Dow Jones Industrial Average rose 66 points or 0.16%. The S&P 500 rose 43 points or 0.73% while the Nasdaq jumped 192 points or 1%.
The tech rally was being led... Read More
December 20, 2024
The major averages finally had a good day on cooler inflation data after the rate cut earlier in the week. The Dow Jones Industrial Average jumped 498 points or 1.18%. The S&P 500 rose 62 points or 1.095 while the Nasdaq rose 199 points or 1.03%.
All 11 sectors of the... Read More
December 19, 2024
The major averages closed mixed after another tough day particularly in the tech space. The Dow Jones Industrial Average rose just 15 points, snapping a 10 day losing streak. The S&P 500 fell 5 points while the Nasdaq declined 19 points.
The dog of the day goes to Micron down 16%... Read More
December 18, 2024
The major averages fell sharply as the Fed cut rates, but disappointed investors with only two possible rate cuts next year from the initial estimate of four. The Dow Jones Industrial Average fell over 1123 points or 2.5%. The S&P 500 fell 178 points or 2.95% while the Nasdaq dropped... Read More
December 17, 2024
The major averages pulled back with the Dow Jones Industrial Average falling for a ninth straight day, the longest losing streak since 1978 ahead of the Fed meeting tomorrow. The 30-stock average declined 267 points, or 0.61%. The S&P 500 fell 23 points or 0.39% while the Nasdaq declined 64... Read More
December 16, 2024
The major averages are mixed once again with the Dow down once again while tech and the Nasdaq continue to shine ahead of Fed decision on rates this week. The Dow fell 110 points or 0.25% for an eight day losing streak, its longest streak in six years. The S&P... Read More
December 13, 2024
The major averages closed mixed with the Dow Jones Industrial Average falling for a seventh straight session, the longest run of losses since 2020. The blue-chip index lost 86 points, closing at 43,828. The S&P 500 was unchanged at 6051 while the Nasdaq Composite actually rose 23 points to 19,926.
On... Read More
December 12, 2024
The major averages dropped once again following hotter-than-expected U.S. inflation report, as tech shares failed to keep the momentum seen earlier in the week. The Dow Jones Industrial Average fell 234 points, or 0.53%. The S&P 500 fell 32 points or 0.54% while the Nasdaq Composite fell 132 points back... Read More
December 11, 2024
The major averages closed mixed with the Nasdaq Composite snapping back nearly 2% above 20,000 for the first time following the November inflation report. The Dow Jones Industrial Average fell 99 points. The S&P 500 rose 49 points or 0.8% while the Nasdaq rose 347 points or 1.77%.
Alphabet/Google led the... Read More
December 10, 2024
The major averages sold off once again still awaiting new U.S. inflation data set for release this week. The Dow Jones Industrial Average fell 154 points or 0.4%. The S&P 500 fell 17 points or 0.3% while the Nasdaq Composite was down 49 points or 0.3%.
On the earnings front, tech... Read More
December 9, 2024
The major averages closed in the red as the Nasdaq Composite reserved course, pulling back from record highs to start the week. The Dow Jones Industrial Average fell 240 points or 0.54%. The S&P 500 fell 37 points or 0.6% while the Nasdaq dropped 123 points or 0.6%.
A number of... Read More
December 6, 2024
The major averages were mixed today following the November jobs data that came in slightly better than expected, but not so hot as to deter the Federal from cutting rates later this month. The Dow Jones Industrial Average fell 123 points to close at 44,642.
The broad market S&P 500 climbed... Read More
December 5, 2024
The major averages reversed course today falling into the red ahead of monthly unemployment numbers tomorrow and an earthquake in California. The Dow Jones Industrial Average fell 248 points, or 0.55%. The S&P 500 fell 11 points or 0.19% while the Nasdaq dropped 34 points or 0.18%.
Traders on Thursday looked... Read More
December 4, 2024
The major average jumped today to new highs led by tech once again after the Fed Chairman made comments at a submit today. The Dow Jones Industrial Average rose 308 points or 0.69% touching 45,000 for the first time . The S&P 500 rose 36 points or 0.6% while the... Read More
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