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Tag Archives: stock market update

Stock Market Update Wednesday, September 18th, 2019

Today was all about the Fed. Stocks traded in a narrow range until 2pm ET when the Fed Statement was released. And as expected, the Fed cut rates a quarter point. Seven members voted for a cut, while one member … Continue reading

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Stock Market Update Tuesday, September 17th, 2019

Oil was in the spotlight again today. After yesterday’s huge rally (the biggest 1-day rally ever), Oil pulled back almost 6%. The drop came after Saudi Arabia said it has restored half of the production that was lost in the … Continue reading

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Stock Market Update Monday, September 16th, 2019

Over the weekend oil refineries in Saudi Arabia were hit by drones. The attack knocked out as much as 5.7 million barrels a day in oil production. This amounts to roughly half of Saudi Arabia’s daily production which represents 5% … Continue reading

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Stock Market Update Thursday, September 12th, 2019

Stocks were higher today on positive trade news. The major indices were higher at the open after President Trump agreed to delay tariff increases on Chinese goods by two weeks. And on CNBC, Treasury Secretary Steven Mnuchin said that Trump … Continue reading

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Stock Market Update Wednesday, September 11th, 2019

Stocks rallied for the 2nd day in a row today. After opening the day higher, stocks continued to rally and never really looked back. Apple (AAPL) was a big reason for today’s rally. The stock rallied another 3.2% and is … Continue reading

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