Daily Market Commentary

Stocks were mostly higher on Friday, although mixed again - something that has been happening with regularity lately with the price of oil declining which holds back the Dow and S&P. The Dow lost 24-points but as you see below, the broader indices were up as the S&P 500, the small caps, and especially the I-fund saw varying degrees of gains.

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Stocks were mixed but mostly higher on Thursday as the Dow shed 16-points while the S&P 500 and small caps saw small gains. The Nasdaq has been leading as tech earnings have been coming in better than expected.

After the bell last night Amazon and Alphabet (Google) pushed the Nasdaq futures higher again with solid earnings.

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Stocks opened higher on Wednesday getting a boost from Apple's strong earnings report, but things faded as the FOMC policy statement neared. After the announcement, the indices bounced around quite a bit but ended mixed again with the Dow losing 2-points, the S&P and small caps also down slightly, while the Nasdaq shined and the Transports fell sharply.

After the bell Facebook posted some big earnings and the stock is up about 6% after hours so ...

Stocks were mixed on Tuesday as the Dow shed 19-points while the S&P 500 was flat, small caps and the Nasdaq were up, and the Transports gained over 1%. The weakness in oil and McDonald's stock held the Dow back but overall it was a pretty good day for the broader market.

After the bell Apple surprised on the upside and that pushed the stock index futures, particularly the Nasdaq futures, higher in after hours trading. Twitter fell 10% after hours on a disappointing report, but ...

Stocks were down yesterday as the price of oil dropped sharply, and investors are preparing for some big name earnings reports this week as well as the FOMC meeting and policy statement on Wednesday. The Dow lost 78-points on the day, and the S&P 500 and small caps lost about 0.3%.

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