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US equity markets rebounded sharply, booking their biggest single session percentage gains since 8 April (when the U.S. and Iran agreed to a temporary ceasefire) after President Trump cancelled planned strikes against Iran, and on the eve of the market debut of SpaceX – Dow climbed +930-points or +1.86%, with Boeing Co (+6.04%) and Honeywell International Inc (6.43%) jumping over >6%. Amgen Inc (+4.84%), Caterpillar Inc (+4.84%), Nike Inc (+4.55%) and Sherwin-Williams Co (+4.27%) all rallied over >4%.
US equity markets fell sharply as heightened geopolitical conflict in the Middle East and concerns about rising inflationary pressures hit investor sentiment – Dow dropped -953-points or -1.87% to 49,918.78, booking its first close below 2.5%.
US equity markets mixed amid a fresh rotation out of technology stocks into more defensive sectors and following another night of erratic headlines around the Middle East conflict – Dow edged +86-points or +0.17% higher, with Home Depot Inc (+3.75%), Nike Inc (+3.28%) and Sherwin-Williams Co (+3.67%) all rallying over >3%. Salesforce Inc (down -3.94%) was the worst performer in the 30-stock index. Apple Inc fell -3.64% a day after the company's annual Worldwide Developers Conference kicked off. Cisco Systems Inc (-3.05%) also fell over >3%.
US equity markets firmer amid yet another bout of optimism around a resolution to the US-Iran conflict, while there was also a pivot from certain technology stocks into more defensive sectors – Dow rallied +875-points or +1.73% to a record closing high of 51,561.93. UnitedHealth Group Inc rose +5.16% to be the leading Dow component, with analysts at Bank of America upgrading their recommendation in the health insurer to ‘Buy' and lifting their price target to US$450 (from US$420 previously), citing expectations of improving margins as a result of more favourable medical cost trends. Goldman Sachs Group Inc (+4.96%) and Merck & Co Inc (+4.85%) also gained ~5%.
US equity markets retreated, breaking a five session stretch of record closing highs for the three benchmark indices as oil prices and bond yields climbed. Dow was down 621 points or 1.2%. IBM down 7.2% to be the worst performer in the 30 stock index. Honeywell and Salesforce both fell 5.1%, while all of American Express, Boeing, Microsoft, and Nvidia fell over 3%. On the upside, Amgen and Walmart both gained over 3%. US Central Command, or CENTCOM, said that Iranian drones unsuccessfully attempted to attack American forces in Kuwait.
• US equity markets settled with modest gains that lifted the three (3) main US equity benchmarks to fresh record closing highs as investors continued to shrug off ongoing uncertainty around the US-Iran peace negotiations – Dow rallied +229-points or +0.45% to 51,307.79. Cisco Systems Inc (up +5.5%) and Caterpillar Inc (+5.14%) rallied over >5%, while Apple Inc (+2.9%) and International Business Machines (IBM) Corp (+2.75%) gained over >2.5%.. Nvidia Corp eased -0.69%, handing back some of the previous session's +6.26% rally that came after the world's most valuable company by market capitalisation unveiled its new RTX Spark superchip at COMPUTEX Taipei, an expo on artificial intelligence (AI), computing, and robotics. Nvidia is also slated to present at the Bank of America Securities 2026 Global Technology Conference on Thursday night AEST (4 June). Microsoft Corp (down -4.17%), Nike Inc (-4.79%) and Salesforce Inc (-4.18%) all declined over >4%.
The three (3) main US equity benchmarks opened the new week and month with fresh record closing highs despite a fresh jump in oil prices, with technology stocks (particularly software names) continuing to drive the gains – Dow inched +46-points or +0.09% higher to 51,078.88. Salesforce Inc (up +9.68%) and International Business Machines (IBM) Corp (+7.60%) were the leading performer in the 30-stock index for a second session running.
The three (3) main US equity benchmarks climbed to fresh record intra-day and closing highs for a third straight session on Friday (29 May) to cap another strong month as technology shares continued to lead the market higher and crude prices eased – Dow rallied +363-points or +0.72% to 51,032.46.
Benchmark US equity indices climbed and booked record highs after the U.S. and Iran agreed to extend their ceasefire, while investors also digested the latest U.S. inflation and revised economic growth figures – Dow added +25-points or +0.05% to a record closing peak of 50,668.97. Microsoft Corp +3.47% after news website The Information reported that the company would release a new coding model next week. International Business Machines (IBM) Corp (+3.53%) and Nike Inc +3.02% also gained over >3%. Caterpillar Inc (down -2.45%) was the worst performer in the 30-stock index.
• US equity markets recorded modest gains that lifted the S&P500 and Nasdaq to fresh record closing highs for a second straight session – Dow rose +183-points or +0.36%. Procter & Gamble Co +3.17% was the leading Dow component amid a rotation into healthcare and consumer stocks. Amazon.com Inc (+2.47%), Boeing Co (+2.47%), Home Depot Inc (+2.35%) and Nike Inc (+2.31%) all rose over >2%. JPMorgan Chase & Co -2.43% after Chief Executive Officer (CEO) Jamie Dimon warned that expenses this year could be US$1B higher than estimated. Nvidia Corp -1.05%
The S&P500 and Nasdaq booked fresh record closing highs as equity and bond markets resumed trading following the Memorial Day long weekend, with a rally in memory-chip companies overshadowing fresh uncertainty around the Middle East peace negotiations – Dow eased -118-points or -0.23%. Chevron Corp (down -3.51%) and UnitedHealth Group Inc (-2.99%) were the worst performers in the 30-stock index. Caterpillar Inc rallied +3.26%.
US equity and bond markets were CLOSED overnight for Memorial Day. S&P500 and Nasdaq futures are trading over >1% higher this morning AEST amid building optimism around a resolution to the US-Iran conflict and a re-opening of the Straight of Hormuz.
US equity markets rallied on Friday (22 May) ahead of the holiday long weekend albeit finished off their best levels of the session – Dow rose +294-points or +0.58% to log a fresh record closing high of 50,579.70 for a second consecutive session after scaling a record intra-day peak (50,830.24). Merck & Co rallied +5.64% to be the leading performer in the 30-stock index following a report by STAT News that its lung cancer treatment being developed with China-based Kelun-Biotech, sacituzumab tirumotecan, cut tumour progression risk by 65% and also yielded a survival benefit in a Phase 3 study conducted in China. The drug was used on patients in combination with Merck's Keytruda, the company's immunotherapy used to treat a wide variety of cancers. However, Nvidia Corp (down -1.9%) declined for a second session running following the release of its first quarter result after the close last Wednesday (20 May).
US equity markets advanced and shaped to cap another strong week ahead of the holiday long weekend despite heightened volatility – Dow gained +276-points or +0.55% to a record closing high of 50,285.66. International Business Machines (IBM) Corp soared +12.43% after the company said it would receive a US$1B CHIPS and Science Act award from the Commerce Department to build a quantum chip foundry. The Wall Street Journal reported that the U.S. government will award US$2B in grants to nine firms operating in the quantum computing space, lifting a host of companies in the wider sector. Nvidia Corp fell -1.77% despite the world's largest market capitalisation reporting better-than-expected headline numbers for the first quarter after the close of the previous session. Part of the drag on Nvidia's shares was attributed to investors seeking to build cash reserves ahead of pending initial public offerings (IPO) by SpaceX, OpenAI and Anthropic
US equity markets rallied as oil prices and Treasury yields fell sharply amid fresh optimism that the conflict in the Middle East could soon be resolved – Dow gained +645-points or +1.31%. Goldman Sachs Group Inc +5.75% was the leading performer in the 30-stock index, while Boeing Co (+3.34%) and Nike Inc (+4.17%) were among the leading components.
A fresh jump in bond yields weighed on US equity markets, with the S&P500 and Nasdaq booking a third straight session of declines – Dow lost -322-points or -0.65%. Cisco Systems Inc (down -2.94%) and Boeing Co (-2.54%) fell over >2.5%, while Amazon.com Inc (-2.08%) and 3M Co (-2.08%) fell over >2%. Walmart Inc (up +0.64% to US$134.20) set record intra-day (US$135.155) and closing highs, with the world's largest retailer skated to post its first quarter result on Thursday night AEST (21 May).
• US equity markets weaker but pared earlier, steeper losses after President Trump said he wanted to give “serious negotiations” a chance, hours after threatening to resume bombing and hours after both the US and Iran dismissed each other's latest peace proposals – Dow added +160-points or +0.32%, with 3M Co (up +4.32%) the leading performer in the 30-stock index. Salesforce Inc (up +3.44) rallied over >3% for a second consecutive session. On the downside, Caterpillar Inc fell -2.74%. Nvidia Corp (down -1.33%), with Chief Executive Officer (CEO) Jensen Huang conducting an interview with Bloomberg Television days after he joined President Trump's for a two-day summit in Beijing. Mr Huang said that his sense is that “over time the [China] market will open,” and noting that he didn't discuss directly with Chinese officials the company's effort to sell its H200 AI chips to customers in China. Nvidia is slated to post its first quarter result after the close of trading on Wednesday (20 May).
US equity markets fell on Friday (15 May) as oil prices and bond yields climbed – Dow fell -537-points or -1.07%. Nvidia Corp (down 4.42%) was the worst performer in the 30-stock index on Friday (15 May). Chief Executive Officer (CEO) Jensen Huang is slated to address the Dell Technologies World annual convention in Las Vegas tonight AEST, having Caterpillar Inc shed -3.47%. Microsoft Corp up +3.05% with Bill Ackman posting on the X platform that his Pershing Square had taken a new stake in the company. Salesforce Inc (+3.54%) also rallied over >3%.
Wall Street extended its rally, with the S&P500 and Nasdaq booking fresh record intra-day and closing highs for a second consecutive session amid fresh gains for technology stocks – Dow rallied +370-points or +0.75%, climbing back above >50,000 for the first time since 11 February and settling just shy of its all-time closing high reached on 10 February (50,115.67). Cisco Systems Inc jumped +13.41% to be the leading performer in the 30-stock index after the networking giant reported better-than-expected adjusted earnings per share (EPS) and revenue for the fiscal third quarter after the close of the previous session and provided upbeat guidance for the current quarter. Nvidia Corp rallied +4.39% to a fresh record closing high of US$235.74 after Reuters reported that the U.S. has cleared about 10 Chinese firms to purchase Nvidia's H200 chip, though no deliveries have been made yet. Nvidia Chief Executive Officer (CEO) Jensen Huang is among US corporate executives attending a summit in China with President Trump. Boeing Co after President Trump told Fox News that China has agreed to buy 200 Boeing jets, disappointing analysts who were expecting up a larger order.
The S&P500 and Nasdaq scaled fresh record intra-day and closing highs as chip stocks powered higher and overshadowed hotter-than-expected wholesale inflation figures – Dow slipped -67-points or -0.14%, with Salesforce Inc (down -3.19%) the worst performer in the 30-stock index for a second straight session. Home Depot Inc (down -2.55%) and International Business Machines (IBM) Corp (-2.09%) fell over >2%. Apple Inc (up +1.38% to US$298.87) touched US$300 for the first time, hitting a record intra-day high of US$300.92. Walmart Inc rose +0.86% after The Wall Street Journal reported, citing people familiar with the situation, that the retail giant - the largest private employer in the U.S. - "would cut or relocate about 1,000 corporate workers as it looks to combine more of its global-technology and product teams." A source familiar with the matter confirmed the figure was accurate.
US equity markets retreated as hotter-than-expected inflation figures punctured a rally in chip stocks – Dow added +56-points or +0.11%. UnitedHealth Group Inc (up +3.11%) the leading component in the 30-stock index. Apple Inc +0.72% Salesforce Inc fell -3.48%, while Caterpillar Inc (down -1.58%) and International Business Machines (IBM) Corp (-1.94%) both fell over >1.5%.
• Technology stocks again lifted the S&P500 and Nasdaq to back-to-back intraday and closing peaks despite oil prices advancing and ahead of inflation figures tonight AEST – Dow rose +95-points or +0.19%. Caterpillar Inc (up +3.27%) was the leading performer in the 30-stock index, while Honeywell International Inc (+2.81%) and Cisco Systems Inc +2.23%) gained over >2%. Nvidia Corp rose +1.97% to a fresh record closing high US$219.44, extending its 4-day rally to +11.26% that has seen the chip giant add ~US$591B in market capitalisation – more than the total market capitalisation of Oracle Corp (down -1.08%). Nike Inc (down -3.96%) and Walt Disney Co (-3.05%) dropped over >3%.
• The S&P500 and Nasdaq booked fresh record intra-day and closing highs to cap another strong week as chip stocks soared and investors digested stronger-than-expected jobs data – Dow inched +12-points or +0.02% higher. Salesforce Inc -2.43% Nvidia Corp +1.75% following news after the close of the previous session of a strategic partnership with data centre operator IREN Ltd (+7.65%) to accelerate the deployment of large-scale AI infrastructure, including a potential investment of up to US$2.1B in IREN. "AI factories are becoming foundational infrastructure for the global economy," said Nvidia founder and Chief Executive Officer (CEO) Jensen Huang.
US equity markets retreated, with the recent rally that has lifted the S&P500 and Nasdaq to record highs faltering amid uncertainty about talks between the US and Iran, and whether a formal peace accord will be reached anytime soon – Dow fell -314-points or -0.63%. Caterpillar Inc (down -3.37%) and JPMorgan Chase & Co (-2.74%) were the weakest Dow components. Salesforce Inc (up +2.84%) and International Business Machines (IBM) Corp (+2.47%) rallied over >2%, while Microsoft Corp +1.65% and Nvidia Corp +1.77% gained over >1.5%. Walt Disney Co added +0.56% a day after after posting a better-than-expected first quarter result, underpinned by a strong performance from the company's streaming and theme park businesses.
The S&P500 and Nasdaq booked fresh record intra-day and closing highs for a second consecutive session following reports that the U.S. and Iran were getting close to a deal that would bring a resolution to the conflict – Dow rallied +612-points or +1.24%, with 10 of the index's 30 component recording gains of over >2%.
• The S&P500 and Nasdaq booked fresh record intra-day and closing highs amid a fresh rally for technology stocks and as oil prices retreated – Dow rose +356-points or +0.73%. Caterpillar Inc (+3.41%) was the leading performer in the 30-stock index and touched a record high along with Amazon.com Inc (up +0.55%).
The S&P500 and Nasdaq retreated from record highs as oil prices soared after the United Arab Emirates said it had successfully intercepted Iranian missiles – Dow fell -557-points or -1.13%, with Home Depot Inc down -3.54%, while Boeing Co (-2.67%), Nike Inc (-2.95%) and Procter & Gamble Co (-2.61%) fell over >2.5%.
The S&P500 and Nasdaq ushered in May with fresh record intra-day and closing highs – Dow eased -153-points or -0.31%, with Amgen Inc down -4.75% a day after the biotechnology stock posted stronger-than-expected adjusted earnings per share (EPS) and revenue for the first quarter. 3M Co (-2.74%) McDonald's Corp (-2.37%) fell over >2%. Salesforce Inc rallied +4.13% to be the leading performer in the 30-stock index on Friday (1 May). Apple Inc +3.24% after the technology giant's first quarter result released after the close of the previous session topped Wall Street forecasts, thanks in part to strong sales of its iPhone 17.
Morgans AM - Friday, 1 May 2026 by Morgans Financial
US equity markets mixed as investors awaited a host of big name technology companies to release quarterly results after the closing bell along with the Federal Reserve's latest monetary policy pronouncements – Dow fell -280-points or -0.57%, with Boeing Co (down -2.86%), Goldman Sachs Group Inc (-2.26%), International Business Machines (IBM) Corp (-2.55%) and Travelers Companies Inc (-2.51%) all falling over >2%. Visa Inc jumped +8.26% after the world's largest payment processor reported much stronger-than-expected earnings per share (EPS) for the first quarter after the close of the previous session.
The S&P500 and Nasdaq retreated from record highs as oil prices continued to climb and as investors eyed a huge night ahead on the corporate earnings front – Dow slipped -26-points or -0.05%. Sherwin-Williams Co -3.52%
• The S&P500 and Nasdaq edged higher to fresh closing records despite U.S.-Iran peace talks stalling yet again and pushing oil prices higher – Dow eased -63-points or -0.13%. McDonald's Corp fell -3.06% to be the worst performer in the 30-stock index. Nvidia Corp pushed further into record territory, rallying +4% to US$216.61 after clinching its first new record close since 29 October last year last Friday (24 April) that lifted the chipmaking giant's market capitalisation back above >US$5 trillion. Nvidia extended its advance from a year-to-date low in late March to more than >30%.
US equity markets rallied on Friday (24 April), lifting the S&P500 and Nasdaq to fresh records as investors assessed signs of progress in U.S.-Iran peace talks and weighed solid corporate earnings against downbeat forward guidance due to war-related energy price shocks – Dow slipped -80-points or -0.16%, with Merck & Co Inc (down -2.37%) the worst performer in the 30-stock index. Nvidia Corp rallied +4.32% to US$208.27, clinching its first new record close since 29 October last year and lifting the chipmaking giant's market capitalisation back above >US$5 trillion. The stock is still below its all-time intra-day high of US$212.19. Amazon.com Inc rose +3.49% to a record closing high of US$263.99 following news that it will supply its Graviton processors to Facebook parent Meta Platforms Inc (+2.41%) to support the social media giant's agentic artificial intelligence (AI) workloads
U.S. equity markets finished lower on Thursday, with all three (3) major indices retreating from recent highs as intraday strength proved unsustainable. Both the S&P 500 and Nasdaq Composite briefly printed fresh record levels before reversing, pressured by weakness in software and broader technology names, which weighed on overall market sentiment.
US equity markets settled sharply higher, with the S&P500 and Nasdaq booking fresh record closing highs after President Trump announced an indefinite extension to the ceasefire with Iran – Dow rose +341-points or +0.69%.
Morgans AM Wednesday 22 April 2026 by Morgans Financial
US equity markets settled with modest declines as uncertainty around the prospects of U.S.-Iran negotiations weighed on investor sentiment – Dow dipped -5-points or -0.01%. Apple Inc (up +1.04%) confirmed that senior vice president of hardware engineering John Ternus is succeeding Tim Cook as Chief Executive Officer (CEO), with Mr Cook to assume the role of executive chairman on 1 September. It marks the first CEO transition for Apple since Mr Cook succeeded Steve Jobs at the helm in 2011.
US equity markets rose sharply on Friday (17 April), with the S&P500 and Nasdaq recording fresh record intra-day and closing highs for a third straight session after Iranian foreign minister Abbas Araghchi said the Strait of Hormuz was “completely open” to commercial traffic following last Thursday's (16 April) announcement of a 10-day ceasefire between Israel and Lebanon – Dow rallied +869-points or +1.79%. Home Depot Inc (+3.63%), Sherwin Williams Co (+3.66%) and Merck & Co Inc (+3.13%). Chevron Corp fell -2.21%, tracking weaker crude prices and one of just three Dow components to settle in the red.
US equity markets were all stronger overnight after President Trump stated Israel and Lebanon had entered into a 10-day ceasefire, potentially paving the way for a broader peace agreement in the region. The Dow was up 118 points or +0.24% to 48,578 points.
US equity markets rallied, with unconfirmed reports that Iran has privately reached out to the US to discuss terms for ending their escalating conflict. However, Iran later denied a New York Times article that suggested operatives from its Ministry of Intelligence had reached out indirectly to the Central Intelligence Agence (CIA) with an offer to discuss terms for ending the conflict. According to Bloomberg, Iran's Tasnim News Agency cited a ministry source as saying that the New York Times report was "pure falsehood and psychological warfare"
US equity markets climbed and oil prices retreated amid signs of progress in U.S.-Iran peace talks, while investors also digested cooler-than-expected wholesale inflation figures – Dow rose +318-points or +0.66%. Nvidia Corp gained +3.8% to US$196.51 to book a tenth consecutive session advance - the artificial intelligence chip giant's longest such winning streak since 2023 and one that has lifted the stock +17.66% over that stretch. The latest gain came a day after the company denied a report that it was seeking an acquisition of a large company that would “reshape the PC landscape.” Nvidia also announced a new family of open-source models overnight that the company it's calling Ising, aimed at accelerating the adoption of quantum computing. Nvidia sits ~% below its all-time high of US$212.19 (adjusted for a 10-for-1 stock split that occurred in 2024) logged in October last year. Amazon.com Inc (+3.81%) extended its rally into a seventh straight session to record its best seven-day gain (+17.46%) since August 2022, with the company announced the acquisition of satellite operator Globalstar Inc (+9.63%) in a deal valued up to US$11.6B. Globalstar's technology allows direct-to-device connectivity, meaning that consumer devices can communicate directly with satellites without additional equipment. The move could help Amazon grow its Leo satellite internet network and compete with Starlink, the satellite internet service of Elon Musk's SpaceX. Amazon also announced an agreement with Apple Inc (down -0.14%) for its Amazon Leo network to power existing and future satellite services for the iPhone and Apple Watch.
US equity markets opened the week on a positive footing, recovering from an opening slide after President Trump hinted at a possible resumption of negotiations with Iran. “We've been called by the other side,” President Trump said, adding “They'd like to make a deal very badly.” – Dow rose +302-points or +0.63%, recovering from an earlier session slide of over >400-points or ~0.9%. Salesforce Inc (up +4.76%) was the leading Dow component, snapping a five-session losing streak that pushed the stock -11.87% lower last week. International Business Machines (IBM) Corp (+3.06%) and American Express Co (+3.29%) rose over >3%.
US equity markets settled mostly weaker on Friday (April) as investors eyed diplomatic talks over the weekend that were the highest level negotiations between Washington and Tehran since the 1979 Islamic revolution and that sought to build on the two-week ceasefire negotiated last week – Dow lost -269-points or -0.56%. Nike Inc fell -3.14% and hit a 12-year low. The company announced chief innovation officer, Tony Bignell, was departing the company “to pursue his creative and philanthropic passions” less than a year after Chief Executive Officer (CEO) Elliot Hill installed him in the role.
The S&P500 and Nasdaq booked a seventh consecutive session of gains, reversing opening declines after Israeli Prime Minister Benjamin Netanyahu said he has given an instruction for Israel to begin talks with Lebanon that would also include the disarming of Hezbollah, which is also linked to Iran.
US equity markets soared and oil prices tumbled after President Trump announced after the close of the previous session that the U.S. and Iran had agreed to a two-week ceasefire – Dow rallied +1,325-points or +2.85%, the 30-stock index's best session since April 2025, when President Trump first backed down from the severity of his initial tariff announcement. Caterpillar Inc (up +6.51%), Home Depot Inc (+5.46%) and Goldman Sach Group Inc (+4.81%) were the leading trio of Dow components overnight.
US equity markets logged modest gains, climbing in the final hour of trading amid hopes that a proposal brokered by Pakistan may result in an eleventh-hour deal between the U.S. and Iran– Dow slipped -85-points or -0.18%, with Nike Inc (down -3% and trading at lows not seen since October 2014)
US equity markets resumed trading following the Good Friday (3 April) holiday, logging modest gains after President Trump said Iran was "an active, willing participant" in talks to end the countries' five-week-plus conflict but also threatened "decimation" if the nation doesn't reopen the Strait of Hormuz – Dow rose +165-points or +0.36%. Boeing Co (up +1.96%), Cisco Systems Inc (+1.79%) and American Express Co (+1.85%) all gained over >1.5%.
US equity markets made a positive start to the new month and quarter while oil prices declined amid cautious optimism the Iran war may end soon – Dow rose +224-points or +0.48% Boeing Co gained +4.17% to be the leading Dow performer, while Caterpillar Inc rose +3.09%. However, Nike Inc slumped -15.51% following the release of its third quarter result after the close of the previous session.
US equity markets opened the new week on the back foot following five consecutive weekly declines - Dow edged +50-points or +0.11% higher, with Salesforce Inc (up +3.19%) the leading component in the 30-stock index. However, Caterpillar Inc dropped -4.02% and Cisco Systems Inc -3.6%.
US equity markets opened the new week on the back foot following five consecutive weekly declines - Dow edged +50-points or +0.11% higher, with Salesforce Inc (up +3.19%) the leading component in the 30-stock index. However, Caterpillar Inc dropped -4.02% and Cisco Systems Inc -3.6%.
• US equity markets fell sharply for a second consecutive session on Friday (27 March) as oil prices continued to soar and act as the dominant driver of investor sentiment as the war in the Middle East entered its fifth week with no sign of a resolution - Dow dropped -793-points or -1.73% to 45,166.64, joining the Nasdaq in official correction territory after settling a touch over >10% below its 10 February record closing high (50,188.14). Amazon.com Inc (down -3.95%), JPMorgan Chase & Co (-3.02%), Salesforce Inc (-3.41%), UnitedHealth Group Inc (-3.37%) and Visa Inc (-3.28%) all falling over >3%. Nvidia Corp fell -2.17% after being the worst performer in the 30-stock index a day earlier.
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