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Europe: +44 (0) 207 198 1634 Source: U.S. Energy Information Administration, based on the Electric Reliability Council of Texas (ERCOT) Note: Hourly averaged generation shown. Instantaneous peaks highlighted in the hour in which they occurred. Wind generation on the Texas electric system recently hit several all-time highs. The latest all-time instantaneous peak of 12,238 megawatts (MW) reached on October 22 replaced […]
Equites and the Economy Good morning. Although U.S equities closed lower yesterday they held on to most of Wednesday gains including the Dow’s 198 point rise that day. The Dow fell 24 points to 17,756, the S&P 500 lost a single digit to 2,089 and the Nasdaq fell 22 to 5,074. 3rd quarter GDP data […]
Equities and the Economy I apologize for the delay. Numerous important meetings this morning. U.S. stocks closed sharply higher in a volatile session yesterday with the Dow rising a sweet 198 points, 1.13%, to 17,780, the S&P 500 adding 24 points, 1.18%, to 2,090 and the Nasdaq climbed 66 points, 1.3%, to 5,096. Of note, […]
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. 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 […]
Equities and the Economy Good morning. U.S. equities continued their recent surge higher yesterday this time getting a boost from the minutes from the Federal Reserve’s September meeting which were released yesterday. The Dow gained a very nice 138 points, 0.8%, finishing at 17,051, the S&P 5000 added 18, 0.9%, to 2,013 and the Nasdaq […]
Equities and the Economy After a ten day wild roller coaster ride U.S. equities took the day off yesterday with all the major indexes not doing much. While the Dow closed 14 points higher at 16,790, the S&P 500 and Nasdaq closed lower. The former lost 7 points ending at 1,980 and the latter fell […]
Equities and the Economy Good morning. Rally on, baby, rally on! Yesterday the Dow scored its biggest daily rise in about a month jumping more than 300 points and the S&P 500 finished with gains for the 5th consecutive session, its longest winning stretch since last December. When the bell rang ending the day the […]
