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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. U.S. equities closed mildly lower yesterday with the Dow closing down 42 points at 17,581, the S&P 500 down 5 to 2,066 and the Nasdaq falling 5 to 5,030. Chatter. Fundamentally, the Conference Board reported yesterday its index of consumer confidence fell from a downwardly revised 102.6 in September […]
Equities and the Economy Good morning. It was a subdued day of trading yesterday with the Dow closing down 24 points at 17,623, the S&P 500 falling 4 to 2,071 and the Nasdaq actually climbing 3 to 5,035. The combination of big gains last Tuesday and Friday and the two day FOMC meeting, which begins […]
Equities and the Economy Good morning. U.S. stocks booked a fourth consecutive week of gains last Friday with the Dow popping 158 points, 0.9%, to 17,647, the S&P 500 adding 22, 1.10%, to 2,075 and the Nasdaq going apogee skyrocketing 2.28%, 112 points, to 5,032. There were two major events during the week supporting global […]
Equities and the Economy It was a sea of green yesterday with all the major stock indexes rallying strongly. The Dow gained a huge 320 points, 1.87%, ending at 17,489, the S&P 500 added 34, 1.69%, to 2,053 and the Nasdaq an even 80 points, 1.65%, finishing at 4,920. As Jim Cramer would say, “Booyah!” […]
Equities and the Economy Good morning. U.S. stocks lower for a second consecutive day but it was a flesh wound with the Dow down 48 to 17,169, the S&P 500 off 12 to 2,109 and the Nasdaq closing 41 lower at 4,840. All the major indexes were flat to positive all day until the final […]
Equities and Economy Good morning. U.S. stocks lower yesterday with the Dow breaking a 3 day winning streak falling 13 points finishing at 17,217. The S&P 500 traded within a tight 12 point range ending off 3 points at 2,031. The more volatile Nasdaq lost 25 points to 4,881. In summary, it was another lackluster […]
Equities and the Economy Good morning. U.S. equities meandered all day, mostly mildly negative, but literally in the last 5 minutes buying came in pushing stocks very marginally into the green. The Dow closed up 15 at 17,231, the S&P 500 added a single digit to 2,034 and the Nasdaq performed the best up 19 […]
Equities and the Economy Good morning. Although it was a sleepy Friday, U.S. stocks managed to post a third consecutive week of gains with the Dow adding 74 points, 0.43%, to 17,216, the S&P 500 up 9, 0.45%, to 2,033 and the Nasdaq rising 17, 0.35%, to 4,887. It was so sedate the S&P traded […]
Equites and the Economy Good morning. Excellent, excellent, excellent day yesterday! The Dow rose a whopping 217 point, 1.28%, finishing at 17,142, the S&P 500 added a very material 30 points, 1.49%, closing above the big psychological 2000 figure at 2,024 and the Nasdaq rose a huge 87 points, a big 1.82%, at 4,870. Yesterday’s […]
Equities and the Economy Good morning. I told you it was earnings season and U.S. stocks felt the brunt of it yesterday after a couple of heavy weights gave guidance. Wal-Mart, the world’s largest private employer, surprised investors yesterday saying it expects sales to be flat in 2016 and giving an even worse forecast for […]
