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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Equities end slightly lower. • Globally, investors slightly more cautious. U.S. stocks ended marginally lower yesterday with the Dow closing down 22 points at 21,184, the S&P 500 ended off 3 points to 2,436 and the Nasdaq fell 10 to 6,296. Not really a big deal being we had multiple […]
Equities and the Economy: • U.S. stocks closed for 2nd consecutive session at record highs. • May jobs report disappointing. The Labor Department released its jobs report for May and it was in large contrast to the ADP report. Earlier in the week ADP’s report showed the U.S. added a whopping 253,000 private sector jobs […]
Equities and the Economy: • All three U.S major indexes close at record highs. • Global equities also setting record highs. Equities around the world are on a tear! On the heels of a very strong ADP private-sector employment report investors came in buying, well, everything! Forecasts were for 185,000 private sector jobs to […]
Equities and the Economy: • Stocks post very marginal daily loss. • Three major indexes post monthly gains. U.S. stocks closed very marginally lower yesterday. The Dow lost 21 points closing at 21,009, the S&P 500 dropped a single point to 2,412 and the Nasdaq ended off 5 at 6,199. Chatter. It was a good […]
Equities and the Economy: • S&P and Nasdaq break 7 session winning streak. • Losses very minimal. The S&P 500 and Nasdaq both closed lower yesterday breaking their seven consecutive session winning streak. The S&P closed down 3 points to 2,413 and the Nasdaq was off 7 points to 6,203. These losses are extremely minimal […]
Equities and the Economy: • Tiny gains on Friday, but enough to set records. • Q1 2017 GDP revised higher. The major indexes closed basically flat to Thursday but the very marginal gains by the S&P 500 and Nasdaq were enough for both indexes to post new record highs. The S&P gained 1 point to […]
Equities and the Economy: • S&P and Nasdaq close at record highs. • Global equities trading at record levels. U.S. stocks continue their grind higher marking 6 consecutive sessions of higher closes with the S&P 500 and Nasdaq ending at fresh record highs. The S&P 500 rose 11 points finishing at 2,415 and the Nasdaq […]
Equities and the Economy: • S&P 500 closes at record high. • FOMC minutes of May meeting reinforce rate hike coming. Like a boxer getting knocked to the mat, i.e., last Wednesday, U.S. equities bounced up and keep on fighting. Yesterday the S&P 500 closed 6 points higher at 2,404 and while the gain was […]
Equities and the Economy: • Major indexes close higher for 4th consecutive day. • Dow and S&P on longest winning streak since late February. The three major U.S. indexes all finished higher yesterday, albeit marginally, marking a 4th consecutive day of higher closes. The Dow rose 43 points ending at 20,938 and the S&P 500 […]
Equities and the Economy: • Stocks close higher for 3rd consecutive day. • Recovered almost all of last Wednesday’s losses. U.S. equities closed higher yesterday for their 3rd straight session. The Dow finished up 90 points at 20,895, the S&P 500 rose 12 ending at 2,394 and the Nasdaq rose 50 points to 6,134. The […]
