Market Model (21 Jan'20)

Stocks slightly declined Tuesday after the first reported case in the U.S. of a dangerous pneumonialike virus that originated in central China. The Dow Jones index was also weighed down by a slide in shares of Boeing, which dropped 3.3%. The aerospace giant said it expects its 737 MAX jet will be grounded through mid-2020, following last year’s fatal crashes.

AA: Earnings Miss

Alcoa Corp. (AA) posted a fourth-quarter loss as sales fell 27%. With exposure to automotive manufacturers, makers of food cans and a host of other manufacturers, Alcoa is considered a bellwether. The company struggled in 2019 amid trade battles, weaker industrial activity in some markets and an expected slowdown in overall global economic growth.

Market Model (16 Jan'20)

U.S. stocks closed at fresh highs Thursday as investors shifted to examining corporate earnings for hints about the economy. Morgan Stanley gained 6.6% after posting strong results and lifting its financial targets. Also, economic reports showed US retail sales rose at a steady pace to close out the holiday shopping season, while weekly unemployment claims fall.