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Europe: +44 (0) 207 198 1634 Equities and the Economy: U.S. stocks had a moderately lousy day with all three major indexes closing lower. The Dow lost 66 points, 0.25%, finishing at 18,481, the S&P 500 lost 11, 0.52%, ending at 2,175 and the Nasdaq closed down 42, 0.81%, at 5,217. The indexes are at their lowest levels since early August. […]
Equities and the Economy: On the heels of a great new home sales report U.S. equities posted marginal gains. The Dow added 18 points to 18,547, the S&P 500 rose 4 to 2,187 and the Nasdaq finished up 15 points at 5,260. Intraday the Nasdaq traded at a record high and the S&P flirted with […]
Equities and the Economy: The dog days of summer are in full swing with another lackluster day for U.S. equities. The Dow fell 23 points to 18,529, the S&P 500 lost a single point to 2,183 and the Nasdaq posted a gain of 6 to 5,245. All three indexes chopped around between positive and negative […]
Equities and the Economy: I was travelling on business last week and it was a good week for doing so because the equity markets were little changed on the week. Maybe it was the Olympics or the fact that most of Europe takes the month of August as a holiday but it was pretty quiet. […]
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: Excellent day yesterday! The Dow chalked up a gain of 118 points, 0.64%, to finish at 18,614, the S&P 500 added a healthy 10 points, 0.47%, ending at 2,186 and the Nasdaq popped 24, 0.46%, to close at 5,228. Besides the nice gains here’s what made the day special. This is […]
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: U.S. equities retreated marginally from record highs set on Friday (S&P and Nasdaq). The Dow closed off 14 at 18,529, the S&P 500 lost 2 points to 2,181 and the Nasdaq finished down 8 at 5,213. Total chatter. And actually pretty darn good being we’re at record highs and P/E ratios […]
For the first time since 2006, the US as a whole consumed more natural gas than it produced during the summer months. However, despite the withdrawal and continued below-average injections, natural gas in storage is still well above the 5 year average. Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report, and IHS PointLogic, […]
Equities and the Economy: Yesterday U.S. stocks ended pretty much flat to Wednesday’s close with investors awaiting today’s Labor Department U.S. Employment Situation Report. The Dow ended down 2 points at 18,352, the S&P 500 closed flat to Wednesday at 2,164 and the Nasdaq added 7 to 5,166. Yawn. Turning to the economic news, the […]
