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Europe: +44 (0) 207 198 1634 Equities and the Economy A morning rally in U.S. equities fizzled out in the afternoon and stocks closed lower on the day with the Dow down 51 points to 16,280 and the S&P 500 and Nasdaq both losing 4 points closing at 1,939 and 4,753, respectively. It could have been a much worse day for […]
Good morning. After Monday’s head fake getting us excited with the gains equities resumed their downward trend from last Friday with the Dow closing 179 points, 1.09%, lower at 16,330, the S&P lost 24, 1.23%, to 1,943 and the Nasdaq closed ended down 72, 1.50%, at 4,757. Now the good news is that as a […]
Good morning. After mass liquidation of length on Friday following the Fed’s decision on Thursday not to raise interest rates it was an about-face yesterday with risk once again in vogue yesterday. The Dow rose 126 points, 0.77%, closing at 16,510, the S&P 500 added 9, 0.46%, to 1,967 and the Nasdaq inched up 2 […]
Good morning. It’s good to be back after a week of business travel. The last Morning Energy Blog was published Friday September 11th reflecting what markets did the day before on Thursday the 10th. Let’s see what’s transpired since that time. On that Thursday the Dow closed at 16,330, the S&P 500 ended at 1,952 […]
Equities and the Economy Note: This is the last Morning Energy Blog until Monday September 21st because I will be travelling on business. Good morning. Looking at the closes yesterday you would have thought it was a fairly quiet day in equities with the Dow closing up 77 points at 16,330, the S&P 500 gaining […]
Equities and the Economy Note: tomorrow will be the last Morning Energy Blog until Monday September 21st for I will be travelling on business. Good morning. Once again and too frequent of late, yesterday’s price action was horrible. U.S. equities began the day very nicely with Dow futures up as much as 180 points with […]
Equities and the Economy Good morning. And Whoo-hoo! Boy did we need a day like yesterday! After days and weeks of getting mostly beaten up U.S. equities posted big, big gains yesterday with the Dow rising 390 points, 2.4%, to 16,492 with all 30 stocks in the index closing up. The S&P 500 posted a […]
Equities and the Economy Good morning. This is probably old news to you by now but it was a horrible Friday for equities globally. Focusing on the U.S., the Dow fell 272 points, 1.7%, closing at 16,102, the S&P 500 lost 30 points, 1.53%, to 1,921 and the Nasdaq dropped 50 points, 1.1%, to 4,684. […]
Equities and the Economy The day started out very nicely yesterday with the Dow up 139 points in the morning but around 10:05 AM CDT investors mead an about-face and turning cautious and began selling and the day ended mixed with the Dow gaining 23 to 16,375, the S&P 500 up 3 ending at 1,951 […]
Equites and the Economy U.S. stocks bounced back in a big way yesterday recovering a significant portion of the huge losses experienced Tuesday with the Dow jumping 290 points, 1.82%, ending at 16,351, the S&P 500 climbed 35 points, 1.84%, ending at 1.949 and the more volatile Nasdaq popped a big 2.46% rising 114 points […]
