The fifth Monday of July The Dow closed at 27,221.35 – up 28.90 The Nasdaq closed at 8,293.33 – down 36.88 The S & P 500 closed at 3,020.97 – down 4.89 The Russell 2000 closed at 1,569.03 – down 9.94 Pfizer will combine its off-patent drug business with Mylan. Noteworthy Option Activity
Monthly Archives: July 2019
yellen favors interest rate cut
Janet Yellen, former Federal Reserve Chair, favors an interest rate cut. She stated that a weaker global economy and low inflation in the United States warrants the cut. She favors a 25 basis point cut. She explained the focus of the United States is to maintain a strong economy. Slower world economic growth has resultedContinue reading “yellen favors interest rate cut”
market wrap 07.26.19
The Dow closed at 27,192.45 – up 51.47 The Nasdaq closed at 8,330.21 – up 91.67 The S & P 500 closed at 3,025.86 – up 22.19 The Russell 2000 closed at 1,578.97 – 17.52 U.S. GDP for Q2: Beats estimates
market wrap 07.25.19
The Dow closed at 27,140.98 – down 128.99 The Nasdaq closed at 8,238.54 – down 82.96 The S & P 500 closed at 3,003.67 – down 15.89 The Russell 2000 closed at 1,561.45 – down 18.97 June’s Jobs Numbers
market wrap 07.24.19
The fourth Wednesday of July The Dow closed at 27,269.97 – down 79.22 The Nasdaq closed at 8,321.50 – up 70.10 The S & P 500 closed at 3,019.56 – up 14.09 The Russell 2000 closed at 1,580.42 – up 25.46 The #Fed is now less data-dependent. https://t.co/t4BYXDoy6I via @SeekingAlpha The #FOMC members, have turnedContinue reading “market wrap 07.24.19”
market wrap 07.23.19
The Dow closed at 27,349.19 – up 177.29 The Nasdaq closed at 8,251.40 – up 47.27 The S & P 500 closed at 3,005.47 – up 20.44 The Russell 2000 closed at 1,554.96 – up 10.18 The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite remain below their third quarter risky levels. Read fromContinue reading “market wrap 07.23.19”