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We're expecting MWR to bounce after their positive sales update announced after market close yesterday. 

The wild week in markets continued on Thursday as stocks sold-off as news of a government shutdown sent stocks tumbling to new lows and added to list of worries on Wall Street. We saw follow through selling from the previous session where the Fed hikes rates, as the Dow fell -1.99%, the S&P 500 declined -1.58 and the Nasdaq was lower by -1.63%.

It was a down day for markets as the Dow dove 350 points, making a new yearly low on Wednesday as the Federal Reserve raised interest rates a quarter of a point to a range of 2.25% to 2.50%. Overall the Dow fell -1.49%, the S&P 500 declined -1.54% and the Nasdaq saw the brunt of the selling down -2.17%.

Investors grappled in choppy trading trying to wrestle onto gains on Tuesday as the major indexes traded in positive territory for most of the day before selling off putting them in the red and rallying late into the close. At the close the Dow finished +0.35%, the S&P 500 +0.01% and the Nasdaq rose +0.45%.

It seems Santa may not be coming this year for the markets as equities continued their tumble on Monday as the Dow tanked 500 points as investors continued to focus on economic growth concerns going into the Federal Reserve’s interest rate decision on Thursday morning. Losses were extended across the board and led by Real Estate and Utilities. The Dow finished down -2.11%, the S&P 500 fell -2.08% and the Nasdaq fell -2.27%.

U.S equities fell sharply on Friday as weaker than expected economic data from China and Europe added to the climate of doom and gloom in the markets. Fears of weakening economic growth, falling oil prices and asbestos in baby powder were some of the headlines circulating on Friday. The Dow tumbled 500 points or -2.02%, the S&P 500 fell -1.91% and the Nasdaq declined -2.26%.

For Sophisticated (s708) Investors only

Further to Monday's announcement of the $500,000 purchase order for telemedicine solutions, please click on the video link below to see the newly launched solution in France. The telemedicine case includes a high resolution video camera, wireless stethoscope, screen and Elsight's multichannel device providing real time transmission of video and data to the hospital or panel of doctors for immediate remote medical assistance in real time. This empowers the mobile and extensive (in number and geography) firefighting network to follow doctors' directions to save lives. The intention is to roll this solution out globally:

Stocks tiptoed between gains and losses on Thursday as the Dow eked out a gain finishing higher by 0.29% after falling from a 200 point gain earlier in the session. The S&P 500 and the Nasdaq weren’t able to hold onto earlier rallies and finished flat -0.02% and lower by -0.39%, respectively. The seesaw in price action we saw was a result of investors continuing to digest the trade news that seem to trickle through each day.  

We're pleased to share today's announcement that Mick Keelty has joined the Board of Elsight as Deputy Chairman.