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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Q4 2016 GDP disappoints. • U.S. equities close the week mixed. The Commerce Department reported on Friday that 4th quarter 2016 GDP grew at an annualized rate of 1.9% which was disappointing for economists were looking for something closed to 2.2%. This was after Q3 2016 GDP rose at a […]
Equities and the Economy: • Dow posts a second consecutive record high. • S&P 500 and Nasdaq close unchanged. It was a small gain but enough for the Dow to close at a record high for a second consecutive day rising 32 points to 20,101. After closing at record highs Tuesday and Wednesday the S&P […]
Equities and the Economy: • The “risk on” play continues. • Dow hits a new record high for second consecutive day. U.S. stocks closed higher yesterday with the Dow gaining 36 points ending at 19,252, a new record high, the S&P 500 closed up 8 at 2,212 just one point shy of its record high […]
Equities and the Economy: • Dow closes up 36 points at 18,903, 20 points shy of record high. • S&P 500 added 10 to 2,187, just 3 points shy of record high. • Nasdaq finishes up 39 points, at 5,334, 6 points shy of record high. • U.S. dollar hits its strongest level in 14 […]
Equities and the Economy: Yesterday the Dow clawed back from biding in the red intraday to close at a new record high. The blue chip index rose 54 points, 0.3%, closing at 18,923. The S&P 500 finished up 16 points, 0.8%, at 2,180 led by a 2.7% jump in energy stocks with oil popping. The […]
Equities and the Economy: We actually saw some movement in U.S. stocks yesterday, but, unfortunately, it wasn’t the movement we like. The Dow lost 105 points, 0.58%, to end at 18,037, the S&P 500 fell 14, 0.68%, to 2,112 and the Nasdaq closed down 36 points, 0.69%, at 5,154. Here are some not-so-good statistics. Yesterday […]
Equities and the Economy: More of the same yesterday. Nothing. The Dow closed down 19 at 18,142, the S&P 500 closed flat to Friday at 2,126 and the Nasdaq fell a single digit to 5,189. It really does look like investors want to get the election behind them before making any material investment decisions. Yesterday […]
Equities and the Economy: More of the same, which is nothing. On Friday the Dow closed down 8 at 18,161, the S&P 500 lost 7 to 2,126 and the more volatile Nasdaq ended 36 points lower at 5,190. As has been the trend lately, stocks traded lower intraday with the Dow down as much […]
Equities and the Economy: Yet another choppy day for U.S. equities. The Dow rose 30 points closing at 18,199 but the other two major bourses, the S&P 500 and Nasdaq, fell 4 and 33 points, respectively with the former ending at 2,139 and the latter at 5,250. The Dow’s performance was noteworthy because the index […]
Equities and the Economy: U.S equities began the quarter on a slightly sour note. The Dow fell 54 points to 18,253, the S&P 500 lost 7 ending at 2,161 and the Nasdaq closed down 11 at 5,301. It could have been worse. The Dow was down as much as 104 intraday. Let’s call it a […]
