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Europe: +44 (0) 207 198 1634 Equities and the economy Good morning and I hope you had a great holiday weekend. U.S. stocks finished the week on a positive note with the Dow closing up 45 at 17,873, the S&P 500 adding 9 points to 2,099 and the Nasdaq closing up 32 points at 4,934. The major bourses had their best […]
Equities and the economy After two spectacular days U.S. stocks bivouacked with the Dow closing down 23 points at 17,828, the S&P 500 closing flat to Tuesday at 2,090 and the Nasdaq ending at 4,090, up 7 points. All the definition of “chatter.” Considering the big move we had I call this a victory. Even […]
Equities and the economy U.S. stocks moved moderately higher to close out last week. The Dow closed 66 points higher, 0.38%, at 17,501, the S&P 500 added 12, 0.60%, to 2,052 and the Nasdaq got a nice pop rising 57 points, 1.21%, finishing at 4,770. The Dow closed down 0.2% for the week, its 4th […]
Equities and the economy Another not-so-good day for stocks yesterday with the Dow falling 91 points, 0.5%, finishing at 17,435, the S&P 500 closing down 7, 0.4%, at 2,040 an the Nasdaq was off 27, 0.6%, to 4,713. It could have been worse. At one point during the day the Dow was down 197 points! […]
Equities and the economy The big news yesterday was the release of the minutes of the FOMC’s April meeting and it is apparent that Fed presidents Dennis Lockhart and John Williams on Tuesday were teeing the market up, for the minutes stated “most” of its members were ready to lift rates as early as June. […]
Equities and the economy Lockhart and Williams scared the crap out of investors yesterday. Dennis Lockhart and John Williams are the presidents of the Atlanta and San Francisco Fed’s, respectively, and in separate statements said there could be 2 or 3 interest rate hikes this year with June being a meeting where action could be […]
Equities and the economy It started very, very quietly but ended strong! At this time yesterday Dow futures were flat to Friday’s close however as the day wore on they got stronger and stronger and when the final bell rang the Dow was up a nice 175 points, an even 1%, at 17,710, the S&P […]
Equities and the Economy Last week ended on a sour note for us. The Dow fell 185 points, 1.05%, to end at 17,535, the S&P 500 lost 18, 0.85%, to finish at 2,047 and the Nasdaq was off 20 points, 0.41%, closing at 4,718. For the week as a whole the Dow, S&P and Nasdaq […]
Equities and the economy The bulls beat up on the bears on Tuesday and the bears beat up on the bulls on Wednesday and yesterday they both left the battlefield and went back to their corrals and their caves and licked their wounds. The Dow rose 9 points to 17,720, the S&P 500 closed flat […]
Equities and the economy Well the calm has ended. After a month or so of no volatility the last two sessions have been anything but with the major indexes moving in opposite and almost equal amounts the last two days. Refreshing your memory, on Tuesday the Dow closed up 222 points. Yesterday it closed down […]
