Stock Market News

Stocks just don’t move!

Stock Market Update Monday, September 23rd, 2019 Stocks opened the day with losses after weak economic data in Europe. In Germany, flash Manufacturing PMI data came in at the lowest levels since the financial crisis. With weak manufacturing indicating contraction instead of expansion, European markets were down more than 1.0%.

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Stocks go nowhere – Again

Stock Market Update Thursday, September 19th, 2019 Well that was boring. All eyes were on the Fed and their decision on interest rates this week. But after cutting rates a quarter point yesterday (as expected) stocks have gone nowhere.

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Fed lowers rates, but no more this year?

Stock Market Update Wednesday, September 18th, 2019 Today was all about the Fed. Stocks traded in a narrow range until 2pm ET when the Fed Statement was released. And as expected, the Fed cut rates a quarter point. Seven members voted for a cut, while one member wanted a bigger cut, and two members wanted […]

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Everybody is waiting for the Fed decision

Stock Market Update Tuesday, September 17th, 2019 Oil was in the spotlight again today. After yesterday’s huge rally (the biggest 1-day rally ever), Oil pulled back almost 6%. The drop came after Saudi Arabia said it has restored half of the production that was lost in the attacks over the weekend and plans to have […]

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Stocks unchanged – Waiting for Fed?

Stock Market Update Monday, September 9th, 2019 Not much going on today. After 2-week rally, stocks took a breather today and finished pretty much unchanged. Last week, we heard that trade talks with China will continue in October. So right now, traders are not too concerned about the trade war – for now.

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Stocks higher after Global Rally

Stock Market Update Wednesday, September 4th, 2019 Stocks rallied today, and the S&P finished with its best close since August 1st. News from Asia helped today’s rally. But this time it was news out of Hong Kong…Hong Kong agreed to withdraw a controversial extradition bill that resulted in months of protests. The news helped the […]

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Recession worries send stocks lower

Stock Market Update Tuesday, August 27th, 2019 Stocks got off to a great start. And at one point, the S&P was up 0.7%. But after nice gains at the open, the major indices dropped all morning and were negative by lunch. Once again recession concerns were a weight on the markets.

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Stocks drop for 4th week in a row!

Stock Market Update Sunday, August 25th, 2019 Stocks dropped for the 4th week in a row on new tarrifs and trade worries. On Friday, it seemed like it was going to be all about Fed Chair Jerome Powell. But this was not the case. China announced a round of retaliatory tariffs on the U.S. And […]

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