Day Traders Diary

December 2, 2022

The major averages closed mixed but cut losses in afternoon trading after dropping on the back of labor data as investors looked to the upcoming Federal Reserve meeting. The Dow Jones Industrial Average closed up 34 points, or 0.1%, after dropping more than 350 points this morning. The S&P 500... Read More

December 1, 2022

The major averages closed mixed, relinquishing some of the big gains seen in the prior session as investors awaited jobs data coming Friday that could determine the pace of the Federal Reserve's future rate tightening. The Dow Jones Industrial Averages fell 194 points or 0.56%. The S&P 500 fell 3... Read More

November 30, 2022

The major averages surged on Wednesday after Federal Reserve Chair Jerome Powell confirmed that the central bank will slow the pace of its aggressive rate-hiking campaign that has weighed on markets. The Dow Jones Industrial Average closed up 737 points, or 2.18%, to 34,589. Meanwhile, the tech-heavy Nasdaq Composite jumped... Read More

November 29, 2022

  The major averages were quiet all day as traders struggled to recover from sharp losses suffered in the previous session and looked ahead to more economic data. The Dow Jones Industrial Average closed up 3 points. The S&P 500 fell 6 points while the Nasdaq Composite shed 65 as Apple... Read More

November 28, 2022

The major averages tumbled Monday as unrest in China over the nation's restrictive COVID controls weighed on global sentiment and Wall Street returned from a holiday weekend. The S&P 500 sank 62 points or 1.5%, while the Dow Jones Industrial Average dropped 497 points or 1.45% while the technology-heavy... Read More

November 25, 2022

The major averages closed mixed with on the Dow Jones notching a gain during the holiday-shortened trading week. The Dow rose 152 points, or 0.45% to 34,347, marking the third consecutive session of gains. The S&P 500 fell a point to end the day at 4,026. The Nasdaq Composite slipped... Read More

November 23, 2022

  The major averages finished higher Wednesday in a choppy session as meeting minutes from the Federal Reserve showed that the central bank is looking to hand out smaller rate hikes in the coming months as inflation cools off. The Dow Jones Industrial Average rose 95 points, or 0.28%, to 34,195.... Read More

November 22, 2022

The major averages rose sharply on Tuesday as Wall Street looked past tightening covid policies in China to instead focus on a host of strong earnings reports and the potential for smaller future rate hikes during a holiday-shortened trading week. The Dow Jones Industrial Average closed 397 points, or 1.18%,... Read More

November 21, 2022

The major averages fell on Monday in a volatile session to start a short trading week due to the Thanksgiving holiday. The Dow Jones Industrial Average fell 45 points, or 0.13%, to 33,700, though losses on the index were mitigated by a jump in Disney shares. The S&P 500 shed... Read More

November 18, 2022

The major averages are mixed and quiet for the day with the S&P 500 little changed on Friday as investors assessed tougher language from Federal Reserve speakers and pored over the latest earnings reports. The market was divided, with the broad market index wavering over the flat line, while the Nasdaq... Read More

November 17, 2022

The major averages were muted today as bond yields jumped as Federal Reserve officials signaled their rate-hiking campaign to slow inflation is far from over. The Dow Jones Industrial Average slipped 7 points to 33,546 after falling as much as 314 points in the session. The S&P 500 fell 12... Read More

November 16, 2022

  The major averages pulled back modestly as investors weighed a gloomy holiday quarter update from Target that pressured retail stocks. The S&P 500 ended the day down 32 points or 0.83% to 3,958. The Nasdaq Composite shed 174 points or 1.54% to 11,183. The Dow Jones Industrial Average wrestled with... Read More

November 15, 2022

The major averages finished higher, but off their highs as they resumed their inflation-driven rally after another report signaled that price increases could be slowing. The Dow Jones Industrial Average ended the day up 56 points, or 0.2%. The S&P 500 advanced 34 points or 0.8% while the tech-heavy Nasdaq... Read More

November 14, 2022

The major averages started the week to the downside as investors took a pause from last week's big rally and digested a slew of corporate and economic news. The Dow Jones Industrial Average fell 211 points, or 0.6%, to 33,536. The S&P 500 was lower by 0.89% to 3,957 while... Read More

November 11, 2022

The major averages rose once again as the S&P 500 closed out its best week since June as a report showing slowing inflation on Thursday raised hopes that the Federal Reserve would soon slow its tightening campaign. The broader market index added 36 points or 0.9%, bringing its gain for... Read More

November 10, 2022

The major averages mounted their biggest rally since 2020 after October's reading of consumer prices raised investor hopes that inflation has peaked. The Dow Jones Industrial Average jumped 1,201 points, or 3.7%, to 33,715 for its biggest one-day gain since stocks were emerging from the depths of the pandemic bear... Read More

November 9, 2022

The major averages closed lower on Wednesday following recent market gains and the results of the midterm elections provided no clear answers about who would control Congress yet. A crypto selloff also weighed on markets. The Dow Jones Industrial Average fell 646 points, or about 1.95%, to 32,513. The decline... Read More

November 8, 2022

The major averages rose for a third day as investors awaited the results of the U.S. midterm elections, which could affect future levels of government spending and regulation. The Dow Jones Industrial Average gained 334 points, or 1.02%, to 33,161. The S&P 500 was up 0.5% to 3,828.16. The Nasdaq... Read More

November 7, 2022

  The major averages closed higher to start the week as investors looked ahead to a packed week with congressional midterm elections and key inflation data on deck over the next few days, and shrugged off a supply warning from Apple. The Dow Jones Industrial Average traded higher by 423 points,... Read More

November 4, 2022

The major averages rallied on Friday, but finished the week lower as investors drew conflicting conclusions about what the latest payroll numbers mean for future Federal Reserve rate hikes. The Dow Jones Industrial Average gained 401 points, or 1.26%, to close at 32,403. The S&P 500 advanced 50 points or... Read More

November 3, 2022

The major averages declined for a fourth consecutive day after the Federal Reserve delivered another three-quarter point interest rate hike and signaled that a pivot or rate cut won't come anytime soon. The Dow Jones Industrial Average finished down traded 70 points lower. The S&P 500 and Nasdaq Composite slid... Read More

November 2, 2022

The major averages went on a wild ride today after Federal Reserve Chair Jerome Powell said inflation was still too high and therefore the central bank has further to go in raising interest rates. The Dow Jones Industrial Average fell 505 points, or 1.3%, after rising nearly 400 points in... Read More

November 1, 2022

The major averages declined to start the week and to start the month of November as traders assessed better-than-expected economic data and prepared for another likely rate hike from the Federal Reserve. The Dow Jones Industrial Average fell 79.75 points, or 0.24%, to 32,653.20, while the S&P 500 slid 0.41%... Read More

October 31, 2022

The major averages slipped on Monday, but had a great October as the Dow capped off its best month since 1976 and all the major averages snapped a two-month losing streak. The Dow Jones Industrial Average fell 128 points, or 0.39%, to settle at 32,732. The S&P 500 shed 29... Read More

October 28, 2022

The major averages surged on Friday despite a tumble in Amazon shares after economic data pointed to slowing inflation and a steady consumer. The Dow Jones Industrial Average closed up 828 points, or about 2.6% at 32,861. The S&P 500 added nearly 2.5% or 93 points to 3,901. The Nasdaq... Read More

October 27, 2022

The major averages closed mixed following a plethora of earnings and better than expected economic data. The Dow Jones Industrial Average rose 198 points or 0.6% led by shares of McDonald's, Honeywell and Caterpillar after they reported better-than-expected earnings. It traded up as much as 549 points earlier in the... Read More

October 26, 2022

The major averages are mixed following disappointing third-quarter results from Alphabet and weak revenue guidance from Microsoft marked a foreboding start to Big Tech earnings this week. Nasdaq declined over 200 points or 1.9% to start the day as tech companies provided downward pressure. Dow Jones Industrial Average opened lower, but... Read More

October 25, 2022

Another strong day as investors assessed sliding yields and new data for further clues into the health of the U.S. economy. The Dow Jones Industrial Average closed 337.12 points higher, or about 1.1%, to end at 31,836.74. The S&P 500 advanced 1.6%, closing at 3,859.11. The Nasdaq Composite popped 2.2%,... Read More

October 24, 2022

The major averages continue their sharp gains from last week ahead of tech earnings in the coming days. The Dow Jones Industrial Average jumped 417 points higher, or 1.3%. The S&P 500 rose 44 points or 1.1% while the Nasdaq added 92 points or 0.8%. Investors will watch for earnings from... Read More

October 21, 2022

The major averages climbed on Friday as Wall Street closed a volatile week on a high note despite some disappointing earnings reports. The Dow Jones Industrial Average gained 748 points, or 2.47%, to close at 31,082. The S&P 500 rose 86 points or 2.37% to 3,752. The Nasdaq Composite added... Read More

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