Day Traders Diary

September 23, 2021

The major averages jumped for a second day as fears around a crisis in China's property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer. The Dow Jones Industrial Average surged 506 points, or 1.48%, to 34,764, with steady buying... Read More

September 22, 2021

The major averages rebounded Wednesday after the Federal Reserve indicated it doesn't see an imminent rollback of the monetary stimulus that has been supporting the economy throughout the pandemic. The Dow Jones Industrial Average advanced 338 points, or 1%, on track to snap a four-day losing streak. The blue-chip Dow... Read More

September 21, 2021

The major averages tried to rebound, but failed as the Dow Jones Industrial average trended lower for most of the session and closed in the red. The Dow Jones Industrial average lost 50 points. The S&P 500 shed 3 points following its worst day since May on Monday. The Nasdaq Composite... Read More

September 20, 2021

The major averages started the week in the red as investors continued to flock to the sidelines in September amid several emerging risks for the market. The S&P 500 fell 1.7% to 4,357 with every sector registering losses, posting its worst daily performance since May 12. The Dow Jones Industrial... Read More

September 17, 2021

The major averages dipped on Friday as investors remain cautious due to a resurgent Covid virus, a Federal Reserve meeting next week and a historical tendency for September to be a weak month for equities. The Dow Jones Industrial Average lost 166 points or 0.55%, dragged down by a 3%... Read More

September 16, 2021

The major averages climbed back from intraday lows Thursday as investors digested better-than-expected August retail sales and the latest weekly jobless claims report. The blue-chip average was little changed on the day after falling as much as 274 points earlier in the trading session. The S&P 500 traded near the flatline.... Read More

September 15, 2021

The major averages rose sharply after a string of negative trading sessions this September. The Dow Jones Industrial Average rose 236 points, or 0.7%. The S&P 500 ticked up 37 points or 0.9%. The Nasdaq Composite traded up 123 points or 0.8%. Some bullish economic news released before the bell Wednesday... Read More

September 14, 2021

The major averages pulled back on Tuesday, giving up gains earlier in the session after a better-than-feared inflation reading and falling back into their September doldrums. The Dow Jones Industrial Average lost 292 points, or 0.8%, to 34,577. The S&P 500 dipped 25 points or 0.57% to 4,443 while the... Read More

September 13, 2021

The major averages closed mixed with the Dow Jones Industrial Average performing well rebounding from a five-day losing streak, but pulled back from earlier intraday highs. The Dow rose 263 points, or 0.6%. The S&P 500 traded up 10 points while the Nasdaq Composite dipped 9 points.  Covid cases reached a... Read More

September 10, 2021

The major averages sold off into the close with the Dow Jones Industrial Average declining for a fifth straight day Friday as economic uncertainty loomed. The Dow Jones shed 271 points, or 0.8%, to close at 34,607. The S&P 500 dipped nearly 0.8% to 4,458 while the Nasdaq Composite retreated... Read More

September 9, 2021

The major averages closed on their lows as the Dow Jones Industrial Average fell 151 points or 0.43% for the fourth day of losses dragged down by Amgen and Merck. The S&P 500 fell 20 points or 0.46% to 4,493 while the Nasdaq Composite dropped 38 points 0.25% to 15,248. Investors... Read More

September 8, 2021

The major averages pulled back again as the Dow Jones Industrial Average fell for a third day on Wednesday as investors reassess the economic growth outlook following a smooth ride in the market so far this year. The Dow fell 68 points or 0.2%. The S&P 500 dipped 5 points or... Read More

September 7, 2021

The major averages closed mixed with the Dow Jones Industrial Average falling nearly one percent on lingering concerns about the delta variant's impact on the economic reopening. The Dow dropped 267 points as Boeing stock lost 1.8%. The S&P 500 fell 15 points or 0.34%. The Nasdaq Composite actually rose... Read More

September 3, 2021

The major averages closed mixes with the Dow Jones Industrial Average retreating on Friday and the S&P 500 slipped from a record high after the August jobs report came in short of expectations, showing the impact of the delta-fueled Covid resurgence. The Dow lost 75 points, or 0.2%, while the S&P... Read More

September 2, 2021

The major averages rose once again with the S&P 500 climbing to an all-time high on Thursday after weekly jobless claims came in slightly better than expected. The broad equity benchmark inched up 0.2% to hit an all-time high on pace for its 54th record closing high of 2021. The... Read More

September 1, 2021

The major averages closed mixed with the S&P 500 closing the first trading day of September near the flatline as the strength in technology shares faded, while investors digested a disappointing employment report. The broad equity index gained a point to 4,524 as losses in energy offset gains in utilities and... Read More

August 31, 2021

The major averages fell into the red to end the month of August as the S&P 500 wrapped up its seventh-straight month of gains at just below all-time highs. The Dow Jones Industrial Average slipped 39 points, or about 0.1%. The S&P 500 lost 6 points or 0.1%, while the Nasdaq... Read More

August 30, 2021

The major averages closed mixed with the S&P 500 setting another record high on Monday as the market continued to rise in the final days of August. The broad market index gained 19 points or 0.43% setting a new intraday record high. The Nasdaq Composite closed strong up 136 points... Read More

August 27, 2021

The major averages performed well, finishing out a winning week as Federal Reserve Chairman Jerome Powell prepared the markets for the central bank to pull back on some of its monetary stimulus, saying it's likely to start tapering its $120 billion in monthly bond purchases this year. The Dow Jones... Read More

August 26, 2021

The major averages are pulling back as the S&P 500 fell from a record on Thursday as investors await more details on the Federal Reserve's plan to pull back on monetary stimulus from the central bank's annual symposium on Friday. Traders were also eying new developments in Afghanistan, which added to... Read More

August 25, 2021

The major averages quietly close higher helped by banks and reopening stocks as the 10-year Treasury yield climbed higher. The Dow Jones Industrial Average rose 65 points or 0.11%. The S&P 500 rose 9 points or 0.22% while the Nasdaq Composite added 22 points or 0.15%, both closed for a fifth... Read More

August 24, 2021

The major averages rose slightly in a broad-based rally on news that U.S. regulators granted full approval for Pfizer-BioNTech's Covid vaccine. The Dow Jones Industrial Average rose 30 points, or 0.09% to 35,366. The S&P 500 added 6 points or 0.15% to 4,486. The Nasdaq Composite gained 77 points or... Read More

August 23, 2021

The major averages start to the plus side following a volatile week on Wall Street, led today by reopening stocks as the Food and Drug Administration approved its first Covid-19 vaccine. The Dow Jones Industrial Average gained 215 points, or 0.61%. The S&P 500 added 37 points or 0.85% while... Read More

August 20, 2021

The major averages rebounded Friday but closed the week in red amid fears of the Federal Reserve pulling back its stimulus. The Dow Jones Industrial Average gained 225 points, or nearly 0.7%, to 35,120. The S&P 500 added 0.8% to reach 4,441. The tech-heavy Nasdaq Composite rose about 1.2% to... Read More

August 19, 2021

The major averages closed mixed with the S&P 500 churned higher Thursday in the face of concerns about the Federal Reserve removing stimulus. The broad index inched up 5 points or 0.13% to 4,405. The Nasdaq Composite added 15 points to 14,541. The Dow Jones Industrial Average shed 66 points,... Read More

August 18, 2021

The major averages dropped sharply in the last hour for a second day as investors digested the latest Federal Reserve meeting minutes for insights into tapering plans. The Dow Jones Industrial Average fell 382 points or about 1.1%, to 34,960. The S&P 500 dipped nearly 1.1% to 4,400. The two... Read More

August 17, 2021

The major averages took a hit today as July retail sales declined and concerns about slowing global economic growth intensified. The Dow Jones Industrial Average fell 282 points, or 0.8%, to 35,343. The S&P 500 shed 0.7% to 4,448 while the Nasdaq Composite lost 0.9% to 14,656. The Dow and the... Read More

August 16, 2021

The major averages closed mixed with the Dow Jones Industrial Average and the S&P 500 notching fresh record closes on Monday ahead of major retail earnings reports this week. The S&P 500 has now doubled its level from its pandemic-low close on March 23. The 100% rally is the fastest... Read More

August 13, 2021

The major averages closed in the green with the S&P 500 and Dow Jones Industrial Average hit fresh all-time highs on Friday as both indexes capped off modest gains for the week. The Dow finished the day up 15 points to close at a record 35,515, while the S&P 500 added... Read More

August 12, 2021

The major averages edged higher on Thursday, pushing both the Dow Jones Industrial Average and S&P 500 to fresh records during an otherwise tame session. The Dow rose 14.88 points to 35,499.85, a record close for the blue-chip index. The S&P 500 climbed 0.3% to 4,460.83, also a record. The... Read More

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