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Europe: +44 (0) 207 198 1634 Equities and the Economy After getting unabashedly bludgeoned for 7 trading sessions healthcare stocks rebounded yesterday giving the S&P 500 its first gain in 6 days, although it was hardly something to write home to mom about. The S&P 500 gained a tiny 2 points closing at 1,884, the Dow did marginally better adding 47 […]
Equities and the Economy Good morning. Not a good day folks. Not a good day at all. U.S. equities followed European stocks lower with the latter closing down between 2.12% and 2.76% while stocks here in the U.S. fell about the same. When the bloodletting was over the Dow lost 313 points, 1.92% closing at […]
Equities and the Economy Good morning. Friday was a very mixed day for U.S. equities. The Dow ended the week on a positive note closing up 113 points, 0.7%, at 16,215, the S&P 500 closed just about unchanged, down 1 point, and the Nasdaq got hammered falling 1.03%, 48 points, ending at 4,686. The Dow […]
Equities and the Economy Good morning. Make that the last 5 out of 6. I’m talking about the number of days U.S. stocks have traded lower. The Dow closed down 79 points, 0.48%, at 16,201, the S&P 500 fell 7, 0.34%, to 1,932 and the Nasdaq was off 18, 0.38%, ending at 4,734. My friends, […]
Equities and the Economy A morning rally in U.S. equities fizzled out in the afternoon and stocks closed lower on the day with the Dow down 51 points to 16,280 and the S&P 500 and Nasdaq both losing 4 points closing at 1,939 and 4,753, respectively. It could have been a much worse day for […]
Good morning. After Monday’s head fake getting us excited with the gains equities resumed their downward trend from last Friday with the Dow closing 179 points, 1.09%, lower at 16,330, the S&P lost 24, 1.23%, to 1,943 and the Nasdaq closed ended down 72, 1.50%, at 4,757. Now the good news is that as a […]
Good morning. After mass liquidation of length on Friday following the Fed’s decision on Thursday not to raise interest rates it was an about-face yesterday with risk once again in vogue yesterday. The Dow rose 126 points, 0.77%, closing at 16,510, the S&P 500 added 9, 0.46%, to 1,967 and the Nasdaq inched up 2 […]
Good morning. It’s good to be back after a week of business travel. The last Morning Energy Blog was published Friday September 11th reflecting what markets did the day before on Thursday the 10th. Let’s see what’s transpired since that time. On that Thursday the Dow closed at 16,330, the S&P 500 ended at 1,952 […]
Equities and the Economy Note: This is the last Morning Energy Blog until Monday September 21st because I will be travelling on business. Good morning. Looking at the closes yesterday you would have thought it was a fairly quiet day in equities with the Dow closing up 77 points at 16,330, the S&P 500 gaining […]
Equities and the Economy Note: tomorrow will be the last Morning Energy Blog until Monday September 21st for I will be travelling on business. Good morning. Once again and too frequent of late, yesterday’s price action was horrible. U.S. equities began the day very nicely with Dow futures up as much as 180 points with […]
