Stocks fell sharply on Friday morning after the Federal Reserve said that it would cap 3Q dividend payments by major banks and prevent them from buying back stock. The new restrictions came after the Fed reported the results of its bank stress tests late Thursday. Investors also continued to watch the surge in coronavirus cases in the South and West, which has forced several states to pause their economic reopening plans. The Dow fell 2.1%, the S&P 1.8%, and the Nasdaq 1.7%. Crude oil fell 1.5% to $38 per barrel, while gold traded near $1771 per ounce.

Stocks fell on Wednesday morning after the government projected 100,000-240,000 deaths in the U.S., assuming strict social distancing restrictions, and President Trump warned of a 'very painful two weeks.' Industries trading higher today include Wireless Telecommunication Services and Gas Utilities. Industries trading lower include Airlines, Consumer Finance, and Real Estate Management & Development. The VIX is up 0.58 at 54.12 after closing yesterday at 53.54. The Dow fell 2.4%, the S&P 3.0%, and the Nasdaq 2.4%. Crude oil traded near $20.50 per barrel, while gold rose $3 to $1600 per ounce.

Stocks rose on Wednesday morning ahead of the expected signing of a phase one U.S.-China trade deal later today. On the earnings front, Bank of America posted better-than-expected earnings despite a decline in net interest income, while Goldman Sachs reported mixed results amid rising costs. The Dow rose 0.6%, the S&P 0.4%, and the Nasdaq 0.4%. Crude oil fell more than 1% to about $57.50 per barrel, while gold rose $5 to $1550 per ounce.

Stocks fell sharply on Friday morning after the Federal Reserve said that it would cap 3Q dividend payments by major banks and prevent them from buying back stock. The new restrictions came after the Fed reported the results of its bank stress tests late Thursday. Investors also continued to watch the surge in coronavirus cases in the South and West, which has forced several states to pause their economic reopening plans. The Dow fell 2.1%, the S&P 1.8%, and the Nasdaq 1.7%. Crude oil fell 1.5% to $38 per barrel, while gold traded near $1771 per ounce.

Stocks fell on Wednesday morning after the government projected 100,000-240,000 deaths in the U.S., assuming strict social distancing restrictions, and President Trump warned of a 'very painful two weeks.' Industries trading higher today include Wireless Telecommunication Services and Gas Utilities. Industries trading lower include Airlines, Consumer Finance, and Real Estate Management & Development. The VIX is up 0.58 at 54.12 after closing yesterday at 53.54. The Dow fell 2.4%, the S&P 3.0%, and the Nasdaq 2.4%. Crude oil traded near $20.50 per barrel, while gold rose $3 to $1600 per ounce.

Stocks rose on Wednesday morning ahead of the expected signing of a phase one U.S.-China trade deal later today. On the earnings front, Bank of America posted better-than-expected earnings despite a decline in net interest income, while Goldman Sachs reported mixed results amid rising costs. The Dow rose 0.6%, the S&P 0.4%, and the Nasdaq 0.4%. Crude oil fell more than 1% to about $57.50 per barrel, while gold rose $5 to $1550 per ounce.

Stocks rose on Thursday morning, led by the Technology and Healthcare sectors, a day after the Fed's quarter-point rate cut. Microsoft shares rose more than 2% after the company announced a $40 billion stock buyback and a substantial 11% dividend hike. The Dow rose 0.3%, the S&P 0.4%, and the Nasdaq 0.6%. Crude oil traded near $58.50 per barrel, while gold fell $9 to trade near $1507 per ounce.

Stocks rallied on Tuesday morning, led by the Technology and Industrial sectors, following news that the U.S. and China would resume trade talks. The new talks will help prepare for a meeting between President Trump and Chinese President Xi Jinping at the G20 summit later this month. On the housing front, the Commerce Department reported that housing starts fell 0.9% in May to a seasonally adjusted 1.269 million, while building permits rose 0.3% to an annualized 1.294 million. The Dow rose 1.4%, the S&P 1.2%, and the Nasdaq 1.7%. Crude oil rose more than 4% to about $54 per barrel, while gold traded near $1351 per ounce.

Stocks rose on Thursday morning, led by the Technology and Healthcare sectors, a day after the Fed's quarter-point rate cut. Microsoft shares rose more than 2% after the company announced a $40 billion stock buyback and a substantial 11% dividend hike. The Dow rose 0.3%, the S&P 0.4%, and the Nasdaq 0.6%. Crude oil traded near $58.50 per barrel, while gold fell $9 to trade near $1507 per ounce.

Stocks rallied on Tuesday morning, led by the Technology and Industrial sectors, following news that the U.S. and China would resume trade talks. The new talks will help prepare for a meeting between President Trump and Chinese President Xi Jinping at the G20 summit later this month. On the housing front, the Commerce Department reported that housing starts fell 0.9% in May to a seasonally adjusted 1.269 million, while building permits rose 0.3% to an annualized 1.294 million. The Dow rose 1.4%, the S&P 1.2%, and the Nasdaq 1.7%. Crude oil rose more than 4% to about $54 per barrel, while gold traded near $1351 per ounce.

Insiders continue to see value even as stock prices continue to correct. Time will tell if corporate executives, directors and beneficial owners are reading this market correctly, or if significant additional pain is ahead for investors. If history is our guide, insiders generally know value when they see it.

Insiders continue to see value even as stock prices continue to correct. Time will tell if corporate executives, directors and beneficial owners are reading this market correctly, or if significant additional pain is ahead for investors. If history is our guide, insiders generally know value when they see it.