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Stock Market Overview

Sat, Apr 27th, 2024
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Strong Tech Earnings Boost Stocks


The S&P 500 Index ($SPX) (SPY) Friday closed up +1.02%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.40%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.65%. 

US stock indexes rallied Friday, with the S&P 500 posting a 1-1/2 week high and the Nasdaq 100 posting a 1-week high. Blockbuster earnings results from Alphabet and Microsoft boosted the overall market Friday.  Alphabet closed up more than +10% after reporting stronger-than-expected Q1 revenue.  Also, Microsoft closed up more than +2% after reporting Q3 revenue above consensus.  In addition, chip stocks rallied Friday after megacap tech companies this week, including Meta Platforms, Alphabet, and Microsoft said they will continue to boost investment in AI, which should increase demand for companies making AI chips. 

Stock indexes maintained their gains Friday despite US economic news that showed Mar personal spending and the Mar core PCE deflator rose more than expected, hawkish factors for Fed p... Read more

Can SoFi’s Q1 Earnings Help to Reverse the Slide in Its Stock?

SoFi will release its earnings on Monday. Is the fintech stock a buy now after collapsing almost 21% in 2024?

SOFI : 7.87 (+3.69%)
Contemplating 24/7 trading at NYSE

The iconic bell of the New York Stock Exchange (NYSE) has been a symbol of the financial world’s rhythm for the past century. Every Monday through Friday, at precisely 9:30 a.m. and 4:00 p.m., the bell...

Sell in May and Go Away? No. You Should Stay.

May is coming, which means investors are about to face a deluge of "Sell in May" commentary. Hear what we have to say. We won't lead you astray.

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York

$SPX : 5,099.96 (+1.02%)
$DOWI : 38,239.66 (+0.40%)
$IUXX : 17,718.30 (+1.65%)
Regulation Crowdfunding and the State of Angel Investing to be discussed by SEC

The Securities and Exchange Commission (SEC) is set to discuss Regulation Crowdfunding (Reg CF) and the State of Angel Investing. The SEC’s Small Business Capital Formation Advisory Committee will host...

3 Highest-Yielding (And Safest) Dividend Aristocrats To Buy Today

The highest-yielding dividend aristocrats aren't always the safest stocks to buy. Here's what I did to counteract this.

SJM : 113.60 (-1.37%)
CVX : 165.89 (+0.37%)
BEN : 24.99 (-0.40%)

52 Week New Highs & Lows

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Today's New Highs & Lows

HIGHS LOWS DIFF
5-Day 1,593 809 784
1-Month 365 397 -32
3-Month 225 252 -27
6-Month 167 134 33
52-Week 119 106 13
YTD 188 218 -30

Top Performing Sectors

(Ranked by 5-Day Change)

Top 100 Stocks

(Sorted by Daily Weighted Alpha)

Market Momentum

NYSE AMEX NASDAQ
Issues Up 1,264 126 1,911
Issues Down 639 87 1,118
Issues Unch 41 7 116

S&P Sectors Market Map

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Is there a mercy rule for the Japanese Yen? Complete Collapse! https://t.co/Iz7SWML2NT
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TikTok creators fear for their livelihoods after Congress passes bill that could result in a ban https://t.co/c0fhOg3czY
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BREAKING 🚨: Boeing All three major credit ratings agencies have lowered their outlook on $BA to just above junk - ouch! https://t.co/dEu8QJrXJ5 https://t.co/VGsqOv3P69
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Foreign Buying of Chinese Stocks hit 22.4 billion yuan ($3 Billion) on Friday, the highest amount in history 🚨 https://t.co/X1AoH5usE1
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Stock Market hits highest market concentration since the Great Depression 🚨 Probably Fine https://t.co/wBILUAl2cX
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Top 1% of U.S. earners now have more wealth than the entire middle class https://t.co/zYJohTGMk1
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Apple $AAPL has now closed below its 200D moving average for 11 consecutive weeks https://t.co/vRwTbz7255 https://t.co/B9c3DdLJPn
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JUST IN 🚨: U.S. Regulators seize Republic First Bancorp based out of Philadelphia. Janet Yellen: "Our Banking System is Sound!" 😂 https://t.co/0YOnBJXUQ7 https://t.co/GtTgkzrpih
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