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Europe: +44 (0) 207 198 1634 Good morning. U.S. equities started the day on Friday flat, traded there all day and closed the same with the Dow closing down 18 points at 17,635, the S&P 500 ending flat to Thursday at 2,040 and the Nasdaq gaining 8 to 4,689. For the week the Dow and S&P gained 0.4% and the Nasdaq […]
Good morning. As you regular readers know, I usually begin this report with equities for equities often influence oil prices (natural gas operates in its own little world!) but today oil gets the lead spot. Why? Because yesterday both WTI and Brent hit 4 year lows. WTI closed down a whopping $2.97, 3.9%, at $74.21 […]
Good morning. I’ve been travelling on business the last three days hence the last Morning Energy Blog was last Friday reflecting Thursday’s market action. Let’s see what’s transpired since that time. Last Thursday the Dow, S&P 500 and Nasdaq closed at 17,555, 2,031 and 4,638, respectively. Yesterday the Dow closed at 17,612, the S&P at […]
Important Notice: The next Morning Energy Blog will be posted on Thursday November 13, 2014. Good morning. In a volatile session U.S. equities edged higher yesterday with the Dow rising 70 points to 17,555, the S&P 500 up 8 to 2,031 and the Nasdaq closing 18 points higher at 4,638. Ding, ding, ding! The Dow […]
Good morning. You know what today is? It’s the day you poor souls in states where there were contested congressional or gubernatorial races stop getting barraged with caustic television ads and political survey calls blowing up your telephone during dinner! Three cheers! Last night’s midterm elections were more exciting than the action in yesterday’s equities […]
Good morning. Coming off record highs and penultimate election day investors stayed on the sidelines and the markets yesterday ended pretty flat to Friday. The Dow fell 25 points to 17,366, the S&P 500 closed flat at 2,018 and the Nasdaq managed to eke out a gain of 8 to 4,639. As I mentioned in […]
Good morning. Last week ended great on Friday with U.S. equities surging. The Dow jumped 195 points, 1.1%, to 17,391, the S&P 500 climbed 23, 1.2%, to 2,018 and the Nasdaq leaped 65, 1.4%, to 4,631. And, oh, did I mention the Dow and S&P closed at record highs?! Whoo-hoo! I felt like I was […]
IMPORTANT. As you know the Morning Energy Report (now named “Blog”) is being delivered to you via a link to our website where it and a plethora of other information and energy data are available. I’ve received feedback from a few readers they are having difficulty reading the Blog, specifically, not being able to scroll […]
Good morning. Friday ended a solid week of gains for U.S. equities with the Dow closing up a hefty 128 points at 16,805, the S&P 500 adding 14 to 1,965 and the Nasdaq closing at 4,484, up a big 31. For the week the Dow rose 2.6%, the S&P 4.1% and the Nasdaq 5.3%. It […]
Good morning. After five days of massive intraday swings and steep losses the U.S. equities market rallied very nicely on Friday with the all the major indexes closing out the week registering more than 1% gains on Friday. The Dow climbed 263 points, 1.6%, closing at 16, 380, the S&P 500 added 24, 1.3%, to […]
