Market Update: Tues, Oct 15, 2019 | LPL Financial Research

Daily Insights

Earnings season kicks off. U.S. stocks are higher this morning as third quarter earnings season kicks off with a slew of big bank reports. The few reports we’ve seen so far this season have been generally in line with expectations. Overall, we expect to see little if any S&P 500 Index earnings growth for the quarter amid continued trade tensions. Continue reading

Market Update: Wed, Oct 9, 2019 | LPL Financial Research

Daily Insights

A partial trade deal. Trade is dominating headlines once again, just a day before U.S. and China officials are slated to kick off face-to-face trade discussions in Washington, D.C. U.S. stocks are higher today on news that China is willing to accept a partial trade deal with the U.S. in order to avoid more tariffs, including tariffs scheduled to take effect in October and December. Continue reading

Market Update: Mon, Oct 7, 2019 | LPL Financial Research

Daily Insights

Trade pessimism. U.S. stocks are lower this morning on speculation that China may be increasingly reluctant to strike a trade deal. High-level talks between the United States and China are still scheduled to kick off later this week, but reports indicate that Chinese officials have narrowed the scope of topics they’re willing to negotiate on during these discussions. Continue reading

Market Update: Fri, Oct 4, 2019 | LPL Financial Research

Daily Insights

Another volatile day. U.S. stocks posted another volatile trading session Thursday amid unexpectedly soft data and heightened global uncertainty. The S&P 500 Index dropped as much as 1.1% intraday before recovering to finish up 0.8%, its biggest comeback in a trading session since December 27, 2018. S&P 500 futures are up this morning as stocks keep searching for direction. Continue reading