Daily Stock Market News

Here's what is happening in the markets today, Monday, March 27 Dow, S&P 500 and Nasdaq all finished last week higher S&P 500 trading above its 200-day moving average Regional bank stocks rallied with Regional Bank ETF (KRE) up 3%. ECB President Lagarde confirmed euro zone banks are resilient Fed raises rates but hints at end to rate-hiking campaign Yellen says regulators ready to take...

Here's what is happening in the markets today, Thursday, March 23 Fed hikes rates, Dow drops 530 points Fed expects one more hike this year Powell: Inflation fight not over and “Financial conditions seem to have tightened” Yellen says "no blanket insurance" for banks Regional bank shares tumble, Regional Banks ETF (KRE) down 5% PLUS: How we trade these markets and our current positio...

Here's what is happening in the markets today, Wednesday, March 22 Stocks higher, S&P 500 closes above 4,000 mark Regional banks rally led by First Republic Bank (FRC) Market reaction to Silicon Valley Bank and Credit Suisse failures settling down Gold Prices close to all-time highs VIX (Fear Index) drops again Today: Fed announcement on monetary policy - What will Powell do? PLUS: How we...

Here's what is happening in the markets today, Tuesday, March 21 Stocks close higher as banking crisis fears ease Dow, S&P 500 and Nasdaq all rise S&P 500 close above key support level Regional banks rebound from losses with Wall Street hoping for more action to restore confidence in the banking system SPDR Regional Banking ETF gains 1% after tumbling 14% last week This week's Focu...

Here's what is happening in the markets today, Friday, March 17 Stocks close higher, Dow jumps 300+ points Nasdaq on pace for best week of 2023 Stocks rallied after banks bailed out First Republic Bank (FRC) Credit Suisse borrows $54B from SNB ECB raises rates 50 bps Fed meeting next week: What will the Fed do? PLUS: How we trade these markets and our current positions This wraps up today's stock...

Here's what is happening in the markets today, Thursday, March 16 Dow and S&P 500 down, Nasdaq up Lifeline: Swiss Central Bank offers liquidity support to Credit Suisse (CS) Banks crisis due to 8 Fed rate hikes in 12 months? Investors scrambling to position in face of info overload PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoye...

Here's what is happening in the markets today, Wednesday, March 15 Stocks sharply lower Credit Suisse (CS) in trouble? Oil prices lowest since Dec 2021 Today's focus: PPI Inflation Data VIX (Fear Index) up 18% PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast. A...

Here's what is happening in the markets today, Tuesday, March 14 Dow drops for 5th day Banks stocks down, techs and defensive names climb Investors anticipate 0.25% rate hike next week and 4.75% by May Fear Index VIX at highs for the year Gitlab (GTLB) tumbles 36% after earnings This week's focus: banks and CPI Inflation data PLUS: How we trade these markets and our current positions This wraps up...

Here's what is happening in the markets today, Monday, March 13 Dow has worst week since June Silicon Valley Bank (SIVB) shut down, sparks selloff in banking sector Regional bank ETFs drop 16%, worst week since March 2020 Treasury yields plunge on par with 2008 crisis U.S. Treasury Department, Fed and FDIC bail out SIVB bank This week's focus: banks and CPI Inflation data PLUS: How we trade these...

Here's what is happening in the markets today, Thursday, March 9 Stocks were mixed yesterday Fed Chairman Jerome Powell reiterates higher interest rates for longer Job openings fall less than expected in January February private payrolls report stronger than expected 75% chance of 50bps rate hike at next meeting Recession fears are back PLUS: How we trade these markets and our current positions Th...

Here's what is happening in the markets today, Wednesday, March 8 Dow drops 570 points, turns negative in 2023 2-year Treasury yield hits 2007 high of 5% Fed Chair Powell suggests higher interest rates for longer Now 50bps hike possible at March meeting Focus is now on Friday's Jobs Report PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you en...

Here's what is happening in the markets today, Monday, March 6 Stocks closed mixed on Monday Market uncertainty ahead of key events this week Apple (AAPL) finished 1.8% higher after Goldman Sachs issues price target of $199 Today's focus: Fed Chair Powell congressional testimony Tuesday & Wednesday Economic data week ends with February jobs report Friday PLUS: How we trade these markets and ou...

Here's what is happening in the markets today, Monday, March 6 Stocks close higher Friday, Dow breaks 4-week losing streak 10-year Treasury yield retreats below key level of 4% This week: More comments from Fed Chair Powell on Tuesday and Wednesday All-important jobs report on Friday PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed...

Here's what is happening in the markets today, Friday, March 3 All 3 major indices closed higher on Thursday Salesforce (CRM) rallies 11.5%, boosts Dow S&P 500 defending its 200-day moving average Fed Member Bostic's support of quarter-point hikes lifts market BUT: Rising labor costs & jobless claims point to rate hike Interest rate: 10-year yield tops 4% and 2-year yield highest in 10+yrs...

Here's what is happening in the markets today, Thursday, March 2 S&P 500 and Nasdaq close lower to start of March S&P 500 finding support at key support level 10-year Treasury yield tops 4% 2-year yield at highest level since 2006 Comments from Minneapolis Fed President Kashkari and Atlanta Fed President Bostic stoke concerns about rate hikes Earnings: Salesforce (CRM) shares pop nearly 15...

Here's what is happening in the markets today, Wednesday, March 1 All indices finished lower yesterday Major averages post losses for February 10-year Treasury note hits highest level since November Today's earnings: Lowe's (LOW) and Kohl’s (KSS) PLUS: How we trade these markets and our current positions This wraps up today's stock market news. If you enjoyed the "Stock Market Today" episode, make...

Here's what is happening in the markets today, Tuesday, February 28 Stocks rise following worst week of year S&P 500 trading above 50-day moving average again Durable goods orders fall as consumers pull back spending on big-ticket items Union Pacific (UNP) surges 10% on CEO news Zoom Video (ZM) surges 8% on strong earnings Occidental Petroleum (OXY) falls 1% after top-and-bottom line miss This...

Here's what is happening in the markets today, Monday, February 27 Stocks close lower after hot inflation report Worst week in 2023 for major averages Fed's favorite inflation gauge PCE rises 0.6%, 4.7% year-over-year S&P 500 trading below 50-day moving average, heads lower towards 200-day MA 2-year yield reached highest level since 2007 This week’s earnings: Target (TGT), Dollar Tree (DLTR),...

Here's what is happening in the markets today, Friday, February 24 S&P 500 snaps four-day losing streak BUT: S&P 500 dipped below 50-day MA before finding support Fed's rate hikes remain a concern Nvidia (NVDA) on pace for longest weekly winning streak on record Boeing (BA) shares dip after delivery pause over fuselage issue Today's focus: PCE Inflation Report PLUS: How we trade these mark...

Here's what is happening in the markets today, Thursday, February 23 S&P 500 ends fourth day of losses after Fed minutes Fed minutes say inflation well above 2% target and labor market is tight Nvidia posts beats on top & bottom lines, stock up 7%+ Today's focus: Preliminary GDP and Unemployment Claims PLUS: How we trade these markets and our current positions This wraps up today's stock m...

Here's what is happening in the markets today, Wednesday, February 22 Stocks have their worst day of the year Dow now negative for the year Reason: Fear of higher inflation leads Fed to keep rates high for longer 10-year Bonds at highest level since November Today's focus: Fed Meeting Minutes Home Depot (HD) drops 7% after disappointing earnings More earnings from Nvidia (NVDA), Etsy (ETSY) and Ba...

Here's what is happening in the markets today Tuesday, February 21st DOW finishes with 3rd losing week in a row Stocks slide after holiday weekend VIX jumps to 1-month highs Existing Home Sales fall to 12 year lows Home Depot (HD) and Walmart (WMT) earnings out PLUS: What is a short covering rally? And I’ll review my open wheel positions. This wraps up today's stock market news. If you enjoyed the...

Here's what is happening in the markets today, Friday, February 17th Stocks saw a HUGE sell off late yesterday Bond Yields hit 3 month highs DOW on track for its 3rd losing week in a row VIX rising again TSLA drops after a recall DKNG & DASH report earnings PLUS: We’ll see if there’s still an opportunity to sell puts on UNP. This wraps up today's stock market news. If you enjoyed the "Stock Ma...

Here's what is happening in the markets today, Thursday, February 16th NASDAQ rallies for 3rd day straight Retail Sales strength can’t shake the market BUT PPI data shows inflation still out of control ROKU’s big win Paramount reports earnings and disappoints PLUS: We’ll look at a trade Markus snuck in yesterday. This wraps up today's stock market news. If you enjoyed the "Stock Market Today" epis...