“Up, Up, & Away” – Vista Partners Daily Market Recap 3/13/2019
US equities started out the day with gains on Wednesday and held onto them throughout the session. The S&P 500 was up 0.69% (19.40 points), extending its winning streak to three sessions. The Nasdaq also rose today, gaining 0.69% (52.37 points). The Dow ended the day up 0.58% (148.23 points).
Although Boeing (BA) started out the session up a little, it promptly fell back into losses after President Trump’s announcement that he would be grounding all Boeing 737 Max’s with an executive order. The company’s stock managed to claw back gains and ended up 0.46%.
In other news, the Commerce department released its report for durable goods today. It showed that durable goods orders climbed 0.4% in January, making it three months in a row that it had risen.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
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