Daily Market Update for 10/25

Tesla led major indexes and the Consumer Discretionary sector higher today as it became the newest trillion-dollar company after announcing a 100k car order from Hertz. That sent EV stocks higher and kicked off a big earnings week with fresh optimism.

Daily Market Update for 10/22

Despite consistent messages from Fed officials over the last few weeks, it took Jerome Powell’s confirmation on bond tapering to finally impact investors. It didn’t help that dismal earnings reports from Snap and IBM dampened optimism over the earnings season.

Daily Market Update for 10/19

Investors remained bullish on Tuesday as earnings reports start to pick up, and analysts expect positive results. Indexes ticked higher while several sectors traded at record levels.