Stock Market News

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“Mystery Crash” sends stocks lower

Stock Market Update Thursday, February 20th, 2020 Stocks slide…but it could have been worse! The major indices opened lower then rallied. And a little more than an hour into the session the major indices were positive. But then out of nowhere stocks tanked.

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Coronavirus slowing down? – Stocks move higher

Stock Market Update Wednesday, February 19th, 2020 Stocks opened higher and never looked back! After a strong start this morning the major indices rallied from morning until afternoon.  One of the main reasons behind the rally are reports that the coronavirus seems to be slowing down.

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Stocks drop & Gold jumps…should we be worried now?

Stock Market Update Tuesday, February 18th, 2020 With markets closed yesterday for Presidents’ Day, today was the first full trading day of the week. And stocks struggled at the open. After the lower start, the major indices attempted to work their way back towards Friday’s close. But around lunchtime, stocks were trading at session lows.

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Another wild week in the markets

Stock Market Update Sunday, February 16th, 2020 It was another wild week of trading. On Monday, stocks got off to a rocky start. But after a gap lower, stocks rallied and finished the day with gains. The major indices were up big Tuesday morning. But stocks retreated and finished slightly higher.

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Down…up…down – stocks lower after a wild ride

Stock Market Update Thursday, February 13th, 2020 Stocks made new records, but couldn’t hold onto today’s afternoon gains. Yesterday, traders were optimistic about news that coronavirus cases might be slowing down. But with China confirming 15,152 new cases and 254 more coronavirus deaths, there was news that cases have actually spiked.

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Can ANYTHING stop this rally?

Stock Market Update Wednesday, February 12th, 2020 Stocks finished with new records again today. Fed Chair Jerome Powell wrapped up his 2-day testimony on Capitol Hill without anything really new for the markets. Powell said that the Fed is closely monitoring coronavirus concerns, and said the Fed is there if needed to stimulate the economy. […]

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New record highs, but it doesn’t make sense…

Stock Market Update Tuesday, February 11th, 2020 Stocks opened higher and rallied this morning. But after hitting session highs around 10:45am ET, stocks retreated. In the morning, Fed Chair Jerome Powell testified in front of the House Financial Services committee. Powell said that the Fed is “closely monitoring” the coronavirus and how it might impact […]

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Stocks climb to new records even with coronavirus spreading…

Stock Market Update Monday, February 10th, 2020 The coronavirus continues to spread…just not to the markets. The major indices opened the day lower after China’s health ministry reported 40,171 confirmed cases and a death total of 910 that surpasses the total death toll from the 2003 SARS outbreak.  But after the lower open stocks moved […]

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Trump, Tesla, and Coronavirus cure? – Dow up 483 points

Stock Market Update Wednesday, February 5th, 2020 Stocks had another big day today after unconfirmed reports of a breakthrough in the treatment of the coronavirus. After a strong open, stocks rallied in the morning. Today’s ISM Non-Manufacturing PMI data at 10:00am ET was better than expected (55.5 reading vs a 55.1 forecast), sending stocks to […]

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Stocks rally and Tesla (TSLA) skyrockets

Stock Market Update Tuesday, February 4th, 2020 Stocks were up big for the 2nd day in a row, with traders shaking off coronavirus fears once again. The major indices were up at the open after reports that China’s Central Bank has taken steps to help support the economy while the country deals with containing the […]

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Wild ride for stocks: coronavirus fears and analyst upgrades

Stock Market Update Monday, February 3rd, 2020 Stocks kicked off the week with a wild day of trading. Coronavirus remains a concern for traders, with the death toll rising to 361 over the weekend. This makes the coronavirus more deadly than the SARS outbreak in 2002-2003. There was also news of the first coronavirus death […]

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DOW down 734 last week

Stock Market Update Sunday, February, 2020 Stocks were all over the place last week. And although it was a Fed week and there were plenty of earnings to digest, last week’s moves were really all about the coronavirus. On Monday, stocks were down big after coronavirus developments over the weekend. With China restricting travel in […]

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Stocks mixed after Fed. But Tesla…

Stock Market Update Wednesday, January 29th, 2020 Stocks were up this morning at the open. But after the strong start, the major indices pulled back. And just 45 minutes into the session, stocks were in negative territory. After the pullback, stocks rallied again ahead of the Fed Statement.

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Buying the dip? – Stocks bounce back

Stock Market Update Tuesday, January 28th, 2020 Over the past 2 trading sessions, worries about the Coronavirus sent stocks lower. And the virus keeps spreading: Now there are 4,600 people infected (up from 2,800 yesterday) and 106 people died (up from 80 yesterday).

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