Stock Market News

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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Traders worry about coronavirus

Stock Market Update Thursday, January 23rd, 2020 Stocks bounced back after a rough start this morning. The coronavirus was a hot topic again today, after 600 confirmed cases have been reported, including cases in Singapore and the U.S. And China locking down some cities to prevent the spread of the virus ahead of their Lunar […]

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Stocks mixed, but Tesla soars!

Stock Market Update Wednesday, January 22nd, 2020 Stocks opened the day strong, but erased most of the day’s gains as the session went on. The major indices opened higher then rallied. IBM (IBM) helped with today’s early jump after traders responded to the company’s better than expected earnings. The stock was up 3.0% at the […]

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Worries over Coronavirus send stocks lower

Stock Market Update Tuesday, January 21st, 2020 News from China was moving the markets today. But this time it wasn’t trade news. It was news of the coronavirus in China that was moving the markets. The virus has killed 6 people and the CDC confirmed the first U.S. case. Stocks opened lower and then bounced […]

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Stocks continue to rise ahead of U.S – China trade deal signing

Stock Market Update Monday, January 13th, 2020 Stocks rallied to new records today, with the tech sector leading the way. There wasn’t anything of real significance on today’s economic calendar. But optimism over a “Phase One” deal (expected to be signed on Wednesday) and news that the U.S. removed China from its list of currency […]

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DOW above 29,000 for the first time ever!

Stock Market Update Sunday, January 12th, 2020 Stocks cruised to record highs this week. But a week ago, it didn’t look like this would be the case. Heading into the open on Monday, traders were worried about tensions in the Middle East. And how Iran might retaliate in response to the Iranian general that was […]

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Dow at 29,000 this week?

Stock Market Update Thursday, January 9th, 2020 It was a record breaking day today. After a higher open, stocks drifted higher for most of the morning. There was a small pullback during lunch. But another push higher in the afternoon left the major indices near highs of the day.

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