
Market Recap - December 10, 2019
Chinese Tariff News Dominates Trading Action
Tuesday closing numbers for major indices:
Dow 30: 27,881.72 -27.88 (-0.10%)
Nasdaq: 8,616.18 -5.64 (-0.07%)
S&P 500: 3,132.52 -3.44 (-0.11%)
Commodity prices:
Oil: 59.13
Gold: 1,468.70
Silver: 16.61
Notes and Bonds:
10 year Note: 1.838% +0.007
30 Year Bond: 2.262% +0.01
Currencies:
USD Index: 97.41 UNCH (0.00%)
Dow 30: 27,881.72 -27.88 (-0.10%)
Nasdaq: 8,616.18 -5.64 (-0.07%)
S&P 500: 3,132.52 -3.44 (-0.11%)
Commodity prices:
Oil: 59.13
Gold: 1,468.70
Silver: 16.61
Notes and Bonds:
10 year Note: 1.838% +0.007
30 Year Bond: 2.262% +0.01
Currencies:
USD Index: 97.41 UNCH (0.00%)
15 Minute Chart of S&P Futures Tuesday
Markets reacted to trade headlines today that said tariffs may be delayed on Chinese goods set to begin this coming Sunday.

Gold

Crude Oil

GameStop Misses on Earnings and Tanks 20% Lower After Hours
GameStop posted a loss of 49 cents per share excluding certain items on revenue of $1.44 billion, falling short of the 11 cent earnings per share and revenue of $1.62 billion analysts expected, according to Refinitiv.
Same-store sales also came in weaker than expected, at a 23.2% decline versus the 13.8% decline expected. The company cited the “unprecedented decline in new hardware sales seen across the market” as consumers await the release of next-generation gaming consoles.
Same-store sales also came in weaker than expected, at a 23.2% decline versus the 13.8% decline expected. The company cited the “unprecedented decline in new hardware sales seen across the market” as consumers await the release of next-generation gaming consoles.

Tom O'Brien's 4pm EST Stock Market Video Update
The FOMC meeting began today with a decision expected tomorrow. The market is near certain that no rate adjustment will occur, yet we will find out tomorrow at 2pm EST what the Fed has to say.
See you tomorrow morning for live programming on TigerTV at 9am EST at TFNN.com!
Catch up on all of Tuesday's shows by visiting our TFNN YouTube page and don't forget to subscribe!
Don't forget to take advantage of the TFNN Holiday Tiger Dollar Sale before it ends next Sunday!
Click here to get your Tiger Dollars with up to a 40% bonus before this sale ends!
Tommy O'Brien
TFNN
See you tomorrow morning for live programming on TigerTV at 9am EST at TFNN.com!
Catch up on all of Tuesday's shows by visiting our TFNN YouTube page and don't forget to subscribe!
Don't forget to take advantage of the TFNN Holiday Tiger Dollar Sale before it ends next Sunday!
Click here to get your Tiger Dollars with up to a 40% bonus before this sale ends!
Tommy O'Brien
TFNN