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Archive for the ‘Labor Department’ Category

Morning Energy Blog – September 15, 2017

Equities and the Economy: • Dow closes at record high. • Markets shrugging off geopolitical events. Although the major U.S. indexes ended mixed yesterday the Dow’s gain of 45 points to 22,203 was enough to log its third consecutive record high. The S&P 500 fell 3 points to end at 2,496 and the Nasdaq finished […]

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Morning Energy Blog for September 14, 2017

Equities and the Economy: • Dow and S&P eke out another record high. • Maybe time for a breather. Yesterday’s gains in stocks were very small but they were enough to take the Dow and S&P 500 to new record highs. The Dow rose 39 points to 22,158 and the S&P gained 2 to 2,498. […]

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Morning Energy Blog – September 13, 2017

Equities and the Economy: • U.S. major indexes hit record highs. • Economic data good. All three major U.S. stock indexes booked all-time closing highs yesterday as investors unwound the “fear trade” they had on because of Irma and North Korea loading up on riskier assets, which stocks are. The Dow rose 61 points finishing […]

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Morning Energy Blog – September 8, 2017

Equities and the Economy: • Equities end little changed. • U.S. dollar hitting 2.5 year lows. U.S. stocks ended little changed yesterday with the Dow closing down 23 points at 21,785, the S&P 500 finishing flat to Wednesday at 2,465 and the Nasdaq posting a slight gain of 5 points to 6,397. Investors are keying […]

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Morning Energy Blog – September 5, 2017

Equities and the Economy: • Stocks close higher on Friday. • All three major indexes post weekly gains. U.S. equities ended the week on a positive note with the Dow closing 39 points higher at 21,988, the S&P 500 gaining 5 points to 2,477 and the Nasdaq adding 7 points to finish at 6,435. It […]

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Morning Energy Blog – August 9, 2017

Equities and the Economy: • Dow streak of record closes snapped. • North Korea excuse to reduce risk. Although all three major U.S. stock indexes hit record highs intraday, they closed lower on the day after President Donald Trump vowed to respond aggressively to any threats from North Korea with investors reducing risk. That being […]

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Morning Energy Blog – August 7, 2017

Equities and the Economy: • Solid July jobs report. • Dow posts 8th consecutive record close. On the heels of a very solid Labor Department jobs report on Friday the Dow propelled to a new record close of 22,093 closing up 67 points. While the S&P 500 and Nasdaq didn’t end at records, they both […]

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Morning Energy Blog – August 4, 2017

Equities and the Economy: • New record highs continue to be set. • Weekly jobless claims at 44 year low. I’ve been travelling on business this week and the last Morning Energy Blog was last Friday discussing the previous Thursday’s price action. I’ll summarize the equities market since I’ve been gone this way. I should […]

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Morning Energy Blog – July 28, 2017

Equities and the Economy: • Dow closes at record high. • May be seeing some profit taking. Although the S&P 500 and Nasdaq closed lower, down 2 at 2,475 and down 41 to 6,382, respectively, the Dow managed to post a new record high gaining 86 points closing at 21,797. The latter was driven higher […]

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Morning Energy Blog – July 21, 2017

Equities and the Economy: • Stocks end little changed. • Nasdaq squeaks out another record close. After numerous indices posted record highs on Wednesday stocks bivouacked yesterday closing little changed. That being said, the Nasdaq’s small gain of 5 points was enough to push it to a new record close at 6,390, the 10th consecutive […]

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