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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National S’mores Day. U.S equities closed lower on Friday for the 7th consecutive day with the Dow falling 47 points to 17,373, the S&P 500 closing down 6 at 2,078 and the Nasdaq off 12 to 5,044. Things though could have been much, much worse for the […]
Equities and the Economy Good morning and happy National Raspberries N’ Cream Day. U.S. stocks ended lower once again yesterday primarily driven but weak earnings, but technicals are also playing a role. Regarding the former, it was the media companies turn to get slammed yesterday (remember this is after Disney, another stock market “general,” lost […]
Equities and the Economy Good morning and happy National Fresh Breath Day. U.S. stocks closed mostly higher yesterday although the Dow was unable to shake off a weak performance by Disney (down 9%,ouch!) and, once again, energy shares. After flipping between gains and losses yesterday the Dow ended off 11 at 17,540 while the S&P […]
Equites and the Economy Good morning and happy National Oyster Day. For a third consecutive day U.S. stocks closed lower with the Dow falling 47 points, to 17,551, the S&P 500 lost 5 closing at 2.093 and the Nasdaq was off 9 to 5,106. Similar to the previous sessions all the indexes closed well off […]
Equities and the Economy Good morning and happy National Coast Guard Day. On their first day of trading in August U.S. stocks got whacked with the Dow losing 92 points, 0.52%, the S&P 500 off 6, 0.28%, to 2,098 and the Nasdaq fell 13, 0.35%, to 5,115. The biggest losing sector on the day was […]
Equities and the Economy Good morning and happy National Watermelon Day. U.S. equities ended the week on a weak note with all three major indexes posting marginal losses. The Dow ended down 56 points, .032%, the S&P 500 fell 5, 0.22%, to 2,104 and the Nasdaq was off a single digit to 5,128. Energy stocks […]
Equities and the Economy Good morning and happy National Talk in an Elevator Day. U.S equities pared early losses to end little changed yesterday with the Dow closing down 5 points at 17,746, the S&P 500 literally closing flat to Wednesday at 2,109 and the Nasdaq closing up 17 at 5,129. The big report yesterday […]
Equities and the Economy Good morning and happy National Chili Dog Day. U.S. stocks rallied for a second day in a row yesterday with the S&P 500 leading the way gaining 16 points, 0.75%, to 17,751 followed by the Dow which posted a 121 point rise, 0.68%, closing at 17,751 and the Nasdaq in third […]
Equities and the Economy Good morning and happy Buffalo Soldiers Day (Bob Marley. Eh, mon). On the heels of a massive capitulation of the Chinese stock market equities around the world got crushed yesterday including, unfortunately, U.S. equities. When you woke up yesterday China’s Shanghai index had closed down a huge 8.48% (biggest one day […]
Good morning. It’s been almost a week since the last Morning Energy Blog being I was travelling the last four business days with my last report last Monday reflecting Friday July 17th’s price action. As a matter of reference, on that day the Nasdaq closed at a record high of 5,201, the Dow was at […]
