Locator: 48314FED.
Announcement at 1:00 p.m. CT.
12:54 p.m.:
- Dow: down 8
- S&P 500: up 1
- NASDAQ: up 13
12:57 p.m.:
- Dow: down 27
- S&P 500: up 2
- NASDAQ up 17
1:00 p.m.: Announcement -- a cut of 50 basis points. Absolutely not on my bingo card today! Wow!
- Dow: up 323
- S&P 500: up 47
- NASDAQ: up 200
1:10 p.m.:
- Dow: up 107
- S&P 500: up 22
- NASDAQ: up 105
1:15 p.m.:
- markets turn negative; now pretty much flat.
- easy come, easy go
Equities:
- AAPL: up $5.50, then up $4.00
- SRE: down 80 cents
- NVDA: up slightly but turned green from red
- AVGO: up $2.62
- AMGN: up $4.68
- CVX: up $1.61
S&P 500:
- previous intra-day high: 5,678.81
- intra day high today: 5,689.75 -- solid intra-day high
Close:
- Dow:
- S&P 500:
- NASDAQ:
*****************************
Meanwhile
Boesing starts furloughing tens of thousands of employees amid machinist strike.
my hunch: C-suite feels it has nothing to lose by taking strong action; much to lose if management doesn't take strong action.
Amazon increases average pay for warehouse workers and adds free Prime membership perk.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.