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Europe: +44 (0) 207 198 1634 Equities and the Economy I hope everyone had a wonderful holiday. Let’s get to last Wednesday and Friday (yes, the market was open for an abbreviated session on Friday) and get it over with. The trading was light and nothing really happened. On Wednesday the Dow and S&P 500 ended virtually unchanged to Tuesday and […]
Equities and the Economy U.S. stocks bounced back nicely yesterday from initial knee jerk selling on the news of Turkey shooting down a Russian military jet. In the morning Dow futures were down over a hundred points but rallied back nicely with all the major bourses closing in the green, marginally, but in the green. […]
Equities and the Economy Good morning. After last week’s big gains U.S. equities began the week on a quiet note with the Dow closing down 31 points at 17,793, the S&P 500 falling 2 points to 2,087 and the Nasdaq slipping 2 to 5,102. Chatter. While M&A activity usually gives a boost to the equity […]
Equities and the Economy U.S. equities had their best week of the year last week pushing the indexes upward. The Dow gained 91 points, 0.51%, ending at 17,824, the S&P 500 added 8, 0.37%, to 2,089 and the Nasdaq rose 31 points, 0.62%, finishing at 5,105. For the week the S&P gained almost 3.3%, a […]
Equities and the Economy It was a very, very sedate day on Wall Street yesterday with not just the major indexes ending very close to their Wednesday closes but there was also very little volatility. Getting the numbers out of the way, the Dow closed down 4 at 17,733, the S&P 500 fell 3 to […]
Equities and the Economy Good morning. Call it a late year rally. Call it a holiday rally. Call it whatever you want. But call it good. Yesterday the Dow posted a super day rising a big 248 points, 1.42%, closing at 17,737, the S&P 500 rose 34 points, 1.64%, to 2.084 and the Nasdaq was […]
Equities and Economy Good morning. On the heels of skyrocketing European equities U.S. stocks started the day green and climbed as high as 109 points higher than Monday’s close and all was looking good. Then reports of a bomb at a soccer stadium in Hanover, Germany hit the wire and the U.S. market did an […]
Equities and the Economy Friday was not a good day for our 401K’s folks. The Dow lost a material 203 points, 1.16%, ending at 17,245, the S&P 500 fell 23, 1.12%, to 2,023 and the more volatile Nasdaq was the laggard closing down 1.54%, 77 points, at 4,928. The S&P marked a 7th loss out […]
Equities and the Economy Good morning. It was an ugly day for U.S. stocks yesterday. The Dow fell 254 points, 1.44%, ending at 17,448, the S&P was off 29, 1.40%, to 2,046 and the Nasdaq closed down 62, 1.22%, at 5,005. The S&P closed lower for the 6th time in 7 sessions. As I’ve been […]
Equities and the Economy As I suspected, with it being Veteran’s Day yesterday and the bond market and banks closed, U.S. equities really didn’t do much. Trading was directionless and when the final bell rang the Dow was off 56 at 17,702, the S&P 500 closed down 7 at 2,075 and the Nasdaq fell 16 […]
