About the publication
A daily stock market letter
Every trading day, after the close, we send one email that tells you how the market finished, which stories actually explain the tape, and what is scheduled for tomorrow.
The same structure, every trading day
Five parts, always in this order, so you know where to look before you open it. The samples on the right come from the most recent letter.
How the market finished
Index closes, the shape of the session, and what the headline print hides.
From the last letter
- S&P 500up0.74%
- Nasdaq 100up1.01%
- Dow 30up0.48%
The biggest movers
Top ten gainers and losers, with figures, not adjectives.
From the last letter
- TERup8.00%
- HPEup7.36%
- ECHOup6.80%
The daily recap
The stories that drove the day, each with one line on why it matters.
From the last letter
Nvidia closes at a fresh high, market cap nearing $6 trillion
Get ready for tomorrow
Earnings, macro data, and scheduled events.
One more thing
The observation that ties two stories together.
How we work
Five rules the desk writes by
They are the reason the letter reads the same on a quiet Tuesday as it does on a limit-down open.
Numbers before adjectives
“Russell 2000 −1.35%, four sectors green” tells you more than “small caps got hit.” We write the first kind of sentence.
We say what is priced, not what will happen
Nothing in this letter is investment advice. We report what the market did and what it is set up to react to.
If we can’t explain a move, we say so
“We do not yet have a confirmed cause” is a publishable sentence. A guess dressed up as a reason is not.
Corrections are made in place and flagged
When we get a figure wrong, we say where, and we fix it.
No sponsored content
No one pays to appear in this letter.

The editor
Gustavo Pereira
Chief Editor
Gustavo leads The Wall Street Republic and is responsible for every Daily Recap that goes out after the close. Questions, tips and corrections reach him through the contact page.
Why subscribe
Subscribing gets every letter in your inbox at the close of each trading day, plus full access to the archive. If you would rather listen, the letter also runs as a daily episode on Spotify, and the day's cards go out on our social channels.
For informational purposes only; not investment advice, an offer, or a solicitation. Figures are drawn from third-party market data and are unaudited.