Stocks Step Up

Walt Disney and Home Depot led Dow advancers on Thursday, June 13, 2019. Stocks stepped up on a variety of economic news. Initial jobless claims increased last week. Department of Labor data showed new claims rose by 3,000 to 222,000 in the week ended June 8. On another note, crude oil futures climbed 3% following…

Red Results

Indices closed in the red zone on Wednesday, June 12, 2019. Stocks such as Chevron, Exxon Mobil and Goldman Sachs led the Dow’s descent. Brands rebounded from session lows amid China trade concerns and other economic news. Department of Labor data, released today, showed inflation increased in May. The Consumer Price Index, ticked up a…

Stocks Slip

Indices landed in red territory on Tuesday, June 11, 2019. Brands including United Technologies, Walt Disney and Boeing led the Dow’s descent. Stocks slipped amid continued tariff uncertainty. Meanwhile, Beyond Meat shed 25% today following a J.P. Morgan ratings downgrade. Currently at $126, the plant-based protein brand still trades at 265% more than its IPO…

Brands Climb

U.S. markets climbed higher on Monday, June 10, 2019. Goldman Sachs, Apple and Intel led advancers on the Dow. Macy’s and Analogue Devices led the S&P 500’s ascent. Stocks stepped up after President Trump suspended plans for tariffs on Mexico. In M&A moves, Raytheon and United Technologies will combine forces in a stock deal valued…

Another Green Session

Indices ended in positive territory on Wednesday, June 5, 2019. The Dow and S&P 500 closed at their best back-to-back session since January. Utilities led gainers while energy sector brands lagged. Meanwhile, Apple tacked on 1.61% today after CEO Tim Cook told CBS News he didn’t think the company would be targeted by China should…

Brands Rebound

Indices closed in the green zone on Tuesday, June 4, 2019. Stocks stepped up on words from the Federal Reserve. Fed Chairman Jerome Powell indicated the Central bank may respond to trade tensions with rate cuts, and several lawmakers have said levies on Mexico would be blocked if President Trump pursued them. On another note,…

Mixed Moves

Indices ended trading with mixed moves on Monday, June 3, 2019. The Dow rebounded from session lows to close with fractional gains while the S&P 500 and Nasdaq shed some points. Technology brands including Alphabet, Apple and Facebook led decliners. On another note, manufacturing decreased in May. The ISM manufacturing index dipped to 52.1 last…