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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. U.S. stocks booked a fourth consecutive week of gains last Friday with the Dow popping 158 points, 0.9%, to 17,647, the S&P 500 adding 22, 1.10%, to 2,075 and the Nasdaq going apogee skyrocketing 2.28%, 112 points, to 5,032. There were two major events during the week supporting global […]
Equities and the Economy It was a sea of green yesterday with all the major stock indexes rallying strongly. The Dow gained a huge 320 points, 1.87%, ending at 17,489, the S&P 500 added 34, 1.69%, to 2,053 and the Nasdaq an even 80 points, 1.65%, finishing at 4,920. As Jim Cramer would say, “Booyah!” […]
Equities and the Economy Good morning. U.S. stocks lower for a second consecutive day but it was a flesh wound with the Dow down 48 to 17,169, the S&P 500 off 12 to 2,109 and the Nasdaq closing 41 lower at 4,840. All the major indexes were flat to positive all day until the final […]
Equities and Economy Good morning. U.S. stocks lower yesterday with the Dow breaking a 3 day winning streak falling 13 points finishing at 17,217. The S&P 500 traded within a tight 12 point range ending off 3 points at 2,031. The more volatile Nasdaq lost 25 points to 4,881. In summary, it was another lackluster […]
Equities and the Economy Good morning. U.S. equities meandered all day, mostly mildly negative, but literally in the last 5 minutes buying came in pushing stocks very marginally into the green. The Dow closed up 15 at 17,231, the S&P 500 added a single digit to 2,034 and the Nasdaq performed the best up 19 […]
Equities and the Economy Good morning. Although it was a sleepy Friday, U.S. stocks managed to post a third consecutive week of gains with the Dow adding 74 points, 0.43%, to 17,216, the S&P 500 up 9, 0.45%, to 2,033 and the Nasdaq rising 17, 0.35%, to 4,887. It was so sedate the S&P traded […]
Equites and the Economy Good morning. Excellent, excellent, excellent day yesterday! The Dow rose a whopping 217 point, 1.28%, finishing at 17,142, the S&P 500 added a very material 30 points, 1.49%, closing above the big psychological 2000 figure at 2,024 and the Nasdaq rose a huge 87 points, a big 1.82%, at 4,870. Yesterday’s […]
Equities and the Economy Good morning. I told you it was earnings season and U.S. stocks felt the brunt of it yesterday after a couple of heavy weights gave guidance. Wal-Mart, the world’s largest private employer, surprised investors yesterday saying it expects sales to be flat in 2016 and giving an even worse forecast for […]
Equities and the Economy Good morning. U.S equities snapped their seven day winning streak with the Dow and S&P 500 finishing marginally lower. The former fell 50 points to 17,082 and the latter 14 to 2,003 (but importantly above support of 2,000). The Nasdaq took it on the chin, however, falling 42 points, 0.87%, to […]
Equities and the Economy It was a choppy session Friday but U.S. managed to eke out gains with the Dow closing up 34 points at 17,084, the S&P 500 up 1 to 2,105 and the Nasdaq performing the best adding 20 points to 4,830. It was a very, very good week amigos! The S&P logged […]
