Category: Trading Videos

The DOW finished the day up 15.53 points or +0.04% to close at a record 35,515.38, while the S&P 500 added +0.16% and finished at 4,468, a new closing record. The NASDAQ ticked up just +0.04% to close at 14,822.90. http://ow.ly/Y88o50FQN4h

The DOW and the S&P 500 rounded out the week with gains of +0.87% and +0.71%, respectively, amid light summertime trading volumes. That makes two weeks in a row that both indexes have finished in the green. However, the tech-heavy NASDAQ underperformed this week, finishing down just under a tenth of a percent at -0.09%. Continue reading "Stock Market Grinds To New Highs" →

Crude oil posted its worst weekly loss in nine months as the US dollar gained +0.77% for the week and +0.61% in Friday trading, dashing any attempt by crude prices to rebound on tensions in the Middle East and a week of negative news on Covid here in the US as the Delta variant takes hold.

U.S. West Texas Intermediate crude oil (WTI), the benchmark for US oil, settled Friday's trade down -.81 cents, or -1.2%, at $68.28 per barrel. For the week, WTI lost -7.7%, its most since the -10% drop during the week to Oct. 23, 2020.

The DOW rose 144.26 points or +0.41% and closed at an all-time high of 35,208.51. The S&P 500 rose +0.17% to clinch its own record close at 4,436.52, while the NASDAQ dipped -0.40% to settle at 14,835.76. Continue reading "Crude Oil Has Worst Week Since October" →

The stock market fell on Friday, pushing the DOW, S&P 500, and NASDAQ into the red for the week, ending a three-week winning streak. Inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports as earnings season kicked off.

On the day the DOW lost 299.17 points or -0.86%, to close at 34,687.85. The S&P 500 dipped -0.75% to 4,327.16, and the NASDAQ lost -0.80% to 14,427.24.

On a weekly level, the DOW ended the week down -0.52%, while the S&P 500 dipped -0.97%, and the NASDAQ fell -1.87% for the week. Continue reading "3 Week Winning Streak Comes To An End" →

The DOW rose 448.23 points or +1.30%, to a record close of 34,870.16 on Friday, a day after losing 259.86 points. The S&P 500 gained +1.13%, closing at an all-time high of 4,369.55, and the NASDAQ rose +0.98% to close at a record of 14,701.92.

Friday's comeback brought all three major averages into green territory for the week, with the DOW gaining +0.25% for the week. In addition, the S&P 500 and NASDAQ both gained +0.40% and +0.43% since the beginning of the week, respectively. Continue reading "DOW Bounces Back To Set Record Close" →

The U.S. stock market rose on Friday, with the S&P 500 adding to its flurry of records for the week, as traders bet that higher inflation will only be temporary as the U.S. economy continues to recover from the COVID-19 pandemic.

The S&P 500 climbed +0.33% on the day to hit another closing record high of 4,280.70. The financial sector was the best-performing S&P 500 sector with a +1.3% gain. The DOW rose 237.02 points or +0.69% to 34,433.84, sitting less than 2% from its all-time record high. The NASDAQ erased earlier gains and closed -0.06% lower at 14,360.39 as bond yields rose, with the 10-year Treasury yield jumping 4 basis points to 1.52%.

The S&P 500 rallied +2.74% for the week, notching its biggest weekly gain since early February of this year. The DOW gained +3.44% this week for its best week since mid-March, and the NASDAQ advanced +2.35%. Continue reading "S&P 500 Continues Record Run" →