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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow and S&P close at record high. • November jobs report strong. U.S. stocks closed higher on Friday with the Dow logging a hefty 118 point gain to 24,329 and the S&P 500 adding 15 points to 2,652. Both are new record highs. The Nasdaq rose 27 points to 6,841 […]
Equities and the Economy: • Stocks again close at record highs. • Dow has biggest daily gain in 3 months. Buoyed by continued progress on tax reform, investors came out yesterday clicking the “buy” button sending the 3 major U.S. equity benchmarks to record highs, again. The Dow popped a huge 226 points, 1.1%, to […]
Equities and the Economy: • Slight gains set record highs once again. • No alternative to equities. U.S. stocks booked small gains yesterday but enough to yet again post new record highs. The Dow closed up a meager 6 points at 23,563, the S&P 500 gained 4 points to 2,594 and the Nasdaq Composite rose […]
Equities and the Economy: • Another record high for the Dow. • House Republicans unveil tax cut bill. The Dow yesterday rallied 81 points to close at a new record high of 23,516. This is the 55th record closing high for the blue-chip index this year. Absolutely amazing! The S&P 500 closed flat to Wednesday […]
Equities and the Economy: • Dow and S&P post intraday record highs. • Fed leaves interest rates unchanged. Yesterday the Dow and S&P 500 both hit intraday record highs but retreated closing mere points from record levels. The Dow added 58 points closing at 23,435 and the S&P climbed 4 points to finish at 2,579. […]
Equities and the Economy: • Stocks end little changed. • Volume remains below average. After logging its largest two-week decline since last September the Dow managed to post a meager gain yesterday closing up 29 points at 21,704. Similarly, the S&P 500 and Nasdaq ended little changed from Friday’s close with the former finishing up […]
Equities and the Economy: • Dow and S&P log new highs. • Goldilocks conditions. Although gains were modest, they were enough to send the Dow and S&P 500 into record territory. Yesterday the Dow rose 26 points to 22,118 marking the blue-chip’s 9th consecutive record close. The S&P added 4 to 2,481, also a new […]
Equities and the Economy: • U.S. stocks end mixed. • Nasdaq hits another record high. It was a relatively quiet day yesterday with mixed price action. The Dow fell 67 points to 21,513 and the S&P lost 3 points to end at 2,470. Meanwhile the Nasdaq posted a 23 point gain finishing at 6,411, is 41st record […]
Equities and the Economy: • S&P 500 and Nasdaq close at record highs. • Trading volume very low. U.S. stocks shrugged off concerns of the failure of Senate Republicans to push through a healthcare bill with both the S&P 500 and Nasdaq posting new record highs. The former did so barely edging up a single […]
Equities and the Economy: • Stocks end little changed. • Nasdaq logs 7th straight higher session. U.S. stocks ended little changed yesterday although the Nasdaq, by gaining a mere 2 points, did post its 7th consecutive higher session closing at 6,314, just shy of its record close of 6,322 set on June 8th. The Dow […]
