“Call It a Comeback?” – Vista Partners Daily Market Recap 1/25/2019
US stocks bounced back on Friday after the seeing some losses in the previous session and closed out the week with gains. The Nasdaq opened up this morning and held fairly steady throughout the day until finally closing up 1.29% (91.40 points). The S&P 500 also saw gains today, with an increase of 0.85% (22.43 points). The Dow was up 0.75% (183.96) by the time trade ended. Most individual components of the Dow also saw gains today. Apple (AAPL) rose 3.31%, and Caterpillar (CAT) was up 3.31%. Intel (INTC) , though, was not as fortunate. The company saw shares plunge 5.47% as the market closed. Atossa Genetics (ATOS) saw an increase today with gains of 1.50%. This puts their value at $1.35 per share. On Capitol Hill today, lawmakers were finally able to reach a deal to reopen the government – albeit temporarily. And although the news may seem good at first glance, some analysts are warning otherwise. Mark Hamrick, a senior analyst for Bankrate.com, wrote, “This has been another case of self-inflicted uncertainty injected into the environment, serving to potentially undermine consumer and business confidence.” 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. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!