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Europe: +44 (0) 207 198 1634 Equities and the Economy: U.S. equities rose for a 5th consecutive session on Friday with the Dow climbing 40 points, 0.2%, to 18,848. The S&P 500 and Nasdaq also rose with the former ending up 3 points at 2,164 and the latter adding 28 points, 0.5%, to 5,237. Friday’s gains pushed the Dow to another […]
Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Equities and the Economy: Let’s get yesterday’s price action quickly out of the way because for all intents and purposes it’s meaningless. The Dow rose 73 points to close at 18,333, the S&P 500 added 8 to 2,140 and the Nasdaq rose 27 finishing at 5,193. As I’m sure you know, Donald Trump won the […]
Equities and the Economy: Wow! Whoo-hoo! Huge day yesterday! The Dow jumped a big 371 points, 2.1%, to finish at 18,259, the S&P 500 popped 46 points, 2.2%, ending at 2,132 and the Nasdaq rose a hefty 120 points, 2.4%, to 5,166. The move yesterday was all about the election and the belief that with […]
Equities and the Economy: Friday marked the 9th consecutive session the S&P 500 has closed lower. This is the longest losing streak since December 1980. However, the total loss has only been 3.1% over the period and the S&P is only off 5% from record highs in August. Hardly anything to get excited about. The […]
Equities and the Economy: For the 8th consecutive session the S&P 500 closed lower yesterday posting a 9 point loss finishing at 2,089. This is the S&P’s longest losing streak since the 2008 financial crisis. The Dow lost 29 to end at 17,931 and the Nasdaq fell 47 points, 0.92%, at 5,058. Before you panic […]
Equities and the Economy: Yesterday was a sea of red for U.S. stocks with the Dow closing down 77 points, 0.4%, at 17,960, the S&P 500 ended off 14, 0.7%, finishing at 2,098 and the Nasdaq fell 48 points, 0.9%, at 5,106. It’s been a grind down of late with the S&P posting its 7th […]
Equities and the Economy: We actually saw some movement in U.S. stocks yesterday, but, unfortunately, it wasn’t the movement we like. The Dow lost 105 points, 0.58%, to end at 18,037, the S&P 500 fell 14, 0.68%, to 2,112 and the Nasdaq closed down 36 points, 0.69%, at 5,154. Here are some not-so-good statistics. Yesterday […]
Equities and the Economy: More of the same yesterday. Nothing. The Dow closed down 19 at 18,142, the S&P 500 closed flat to Friday at 2,126 and the Nasdaq fell a single digit to 5,189. It really does look like investors want to get the election behind them before making any material investment decisions. Yesterday […]
