Afternoon Debrief Aug 15th 2019

Stock market trades mixed, Walmart rises on upbeat results and guidance The S&P 500 is up 0.2% in a mixed session that has included its fair share of trade headlines, corporate news, and economic data. Today’s price action hasn’t been too convincing, though, as none of these events has provided the market any new revelations […]

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US Market Debrief Aug 14th 2019

Stock market sinks on economic growth worries Each of the major U.S. indices lost around 3.0% on Wednesday, as weak global data and a recessionary signal in the U.S. Treasury market sent stocks reeling. Broad-based selling left both S&P 500 and Russell 2000 down 2.9%. The Dow Jones Industrial Average lost 3.1%, and the Nasdaq […]

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Afternoon Debrief Aug 14th 2019

Stocks sell off as growth concerns, yield inversion weigh The stock market is selling off today, fueled by recessionary worries following more disappointing global data and a brief inversion of the 2s-10s yield spread. The S&P 500 is down 2.7%, comparable to the declines in the Dow Jones Industrial Average (-2.7%) and Russell 2000 (-2.6%), […]

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US Market Debrief for August 13th 2019

Market spots relief in tariff-reprieve headline U.S. stocks rallied on Tuesday after the White House announced that it will delay the 10% tariff rate for some items imported from China, including cell phones and laptops, until Dec. 15. Apple (AAPL 208.97, +8.49, +4.2%) led the broad-based advance and contributed to the solid gains in the S&P 500 (+1.5%), […]

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Afternoon Debrief for the 13th of August 2019

Stock market boosted by tariff delay, tech stocks lead advance The stock market has received a boost after the U.S. delayed a 10% tariff rate on certain items imported from China until Dec. 15, while removing other items altogether. The trade-sensitive technology stocks have powered the Nasdaq Composite (+1.9%) ahead of the S&P 500 (+1.6%), […]

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US Market Debrief 9th of August 2019

Turbulent week ends on volatile note The stock market wrapped up a volatile week on lower note, leaving the S&P 500 down 0.7% on Friday. Familiar trade concerns appeared to hinder buying conviction after a three-day advance in the benchmark index. The Dow Jones Industrial Average lost 0.3%, the Nasdaq Composite lost 1.0%, and the […]

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Afternoon Debrief for 9th of August 2019

Stock market weighed down by familiar trade concerns The S&P 500 has retreated from a three-day advance, as trade concerns continue to exert pressure on the broader market. The benchmark index is down 1.0% with noticeable weakness in the semiconductor stocks.  The Nasdaq Composite is down 1.3%, the Dow Jones Industrial Average is down 0.7%, […]

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US Markets Debrief for the 8th of August 2019

Stocks reclaim opening losses The stock market staged a big reversal on Wednesday in which the S&P 500 increased 0.1% after being down as much as 2.0% shortly after the open. A steep drop in U.S. Treasury yields contributed to the early sell-off, but selling pressure was abated soon after yields stabilized.  The Nasdaq Composite […]

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Afternoon Debrief for the 8th of Aug 2019

Wall Street down but well off session lows; yields in focus The S&P 500 is down 0.8% today after being down as much as 2.0% shortly after the open amid a steep drop in U.S. Treasury yields. The benchmark index held just above Monday’s low (2822), which appeared to welcome some buying interest.  The Dow Jones […]

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US Debrief for the 7th Aug 2019

Stocks rebound from Monday dive U.S. stocks rebounded from their worst day of the year on Tuesday, as investors appeared comfortable in buying the dip after China took steps to stabilize its currency. The major indices closed near session highs with the S&P 500 advancing 1.3%.  The Dow Jones Industrial Average increased 1.2%, the Nasdaq […]

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