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Europe: +44 (0) 207 198 1634 Equities and the Economy: My apologies but this is going to be a brief Morning Energy Blog for I’ve been in meetings all morning. It was a good day for U.S. equities yesterday with the Dow closing up 85 to 18,312, the S&P 500 rising 7 to 2,167 and the Nasdaq advancing 3 points to […]
Equities and the Economy: U.S. equities were on the defensive yesterday. One stupid headline I read blamed the unknown surrounding last night’s presidential debate. The real reason was something that didn’t even happen in America (which is why I follow global events). Deutsche Bank’s stock, Germany’s largest bank, got whacked yesterday, down 7.1% and hitting […]
Equities and the Economy: The day began in a lackluster fashion but didn’t stay that way for long. About an hour after the opening investors came in buying and continued to do so throughout the session with the financial sector leading the way. The Dow closed up 108 points, 0.58%, at 18.503. The S&P 500 […]
Equities and the Economy: U.S. stocks closed mixed on Friday with the Dow closing down 37 at 18,576 and the S&P 500 falling 2 points to 2,184. Both of these indexes posted new record highs on Thursday. The Nasdaq hit a new high on Friday finishing 5 points up at 5,233. That’s all pretty good […]
Equities and the Economy: U.S. stocks finished slightly higher yesterday with the Nasdaq posting a new record closing up 12 points at 5,225. The S&P 500 traded at a new record high intraday but eased back closing up a single point on the day at 2,182. The Dow added 4 points finishing at 18,533. The […]
Equities and the Economy: The Dow and S&P 500 were lackluster yesterday with the former off 19 points to 18,474 and the latter up a single point to 2,169 but the Nasdaq got a nice pop, thanks to Apple, rising 12 points, 0.24%, to 5,110 and at a new 2016 high. The “fruit” company posted […]
Equities and the economy Boy did we need yesterday. After getting hammered the prior two sessions equities around the world rallied big yesterday somewhat repairing our 401K’s and stock portfolios. The Dow posted a great gain of 269 points, 1.57%, to 17,410, the S&P 500 rose 36, 1.78%, ending at 2,036 and the Nasdaq popped […]
Equities and the economy U.S. stocks closed out a difficult week on a modestly lower note Friday as investors continued to shed risk over concerns about the Brexit vote and whether or not Britain would leave the European Union. The Dow closed down 58 points, 0.3%, at 17,675, the S&P 500 fell 7 points, also […]
Equities and the economy It was a bumpy day yesterday with the major indexes closing mixed. The Dow lost 86 points, 0.48%, closing at 17,878, the S&P 500 hung in there ending down just 2 points at 2,097 and the Nasdaq actually posted a nice gain of 15 points, 0.29%, finishing at 4,948. The end […]
Equities and the economy After two spectacular days U.S. stocks bivouacked with the Dow closing down 23 points at 17,828, the S&P 500 closing flat to Tuesday at 2,090 and the Nasdaq ending at 4,090, up 7 points. All the definition of “chatter.” Considering the big move we had I call this a victory. Even […]
