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Europe: +44 (0) 207 198 1634 Equities and the economy Brexit??? More like Brexwhat! U.S. stocks continued higher for the third consecutive day with the Dow popping 235 points, 1.33%, to 17,930, the S&P 500 gaining 28 points, 1.36%, ending at 2,099 and the Nasdaq rising 63, 1.33%, to 4,843. We just had the best 3 day gain in stocks since […]
Equities and the economy Brexit. What Brexit?! Yesterday European and U.S. stocks posted a second consecutive day of super gains with the Dow climbing 285 points, 1.64%, to 17,695, the S&P 500 rose 35 points, 1.70%, ending at 2,071 and the Nasdaq finished up 1.86%, 87 points, at 4,779. Over the last two days the […]
Equities and the economy The last Blog was last Tuesday morning but there’s no reason to comment about Wednesday’s or Thursday’s market action for all that mattered was what happened Friday and I’m sure you know by now stocks around the globe plunged on the surprising results that British voters chose to leave the European […]
Equities and the economy Crazy day yesterday. U.S. equities opened lower and it looked like we were going to have a 6th consecutive day of losses but around noon eastern time the Dow tuned positive on the day and continued to rally into the close turning a bad day into a good one. The Dow […]
Equities and the economy The risk-off sentiment continued yesterday with commodity prices falling, bond and gold prices rising and equity prices falling. Yesterday the Dow fell 35 points, closing at 17,640, the S&P 500 lost 4 to 2,072 and the Nasdaq settled down 9 at 4,835. Similar to Tuesday, the losses yesterday were marginal but […]
Because of multiple economic, political, social, and weather factors, coal production has dropped in recent years and is now at its lowest level since 1981. This lack of coal is creating even more demand for natural gas for electricity generation, leaving much of the Northeast at risk for wildly volatile natural gas prices. Source: U.S. […]
Equities and the economy After coming within a whisker of posting new highs earlier in the week U.S. stock prices fell both Thursday and Friday. On Friday the Dow fell 120 points, 0.67%, finishing at 17,865, the S&P 500 lost 19, 0.92%, to 2,096 and the more volatile Nasdaq got clobbered falling 1.29%, 64 points, […]
Equities and the economy On Tuesday we traded above it intraday but didn’t settle above it. Well, yesterday we did. I’m talking about Dow 18,000. Yesterday the Dow gained 67 points, 0.37%, closing at 18,005 and above 18,000 for the first time since April 27th. The S&P 500 added 7 points, 0.33%, finishing at 2,119. […]
Equities and the economy Led by higher oil prices and energy shares the Dow and S&P 500 finished marginally higher yesterday coming within striking distance of new all-time highs. The Dow gained 18 points finishing at 17,938 after briefly topping 18,000 for the first time since April. The S&P closed up 3 points at 2,112 […]
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 […]
