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Europe: +44 (0) 207 198 1634 Equities and the Economy: U.S. stocks closed pretty much flat to Thursday on Friday. While the Dow rose 39 points to close at 18,138 the S&P 500 and Nasdaq didn’t or barely moved with the former closing flat to Thursday at 2,133 and the latter finishing up a single digit at 5,133. On the positive […]
Equities and the Economy: Soooo choppy! Just when we’re getting all “bulled up” with U.S. equities having a really good day on Monday Chicken Little makes an appearance. Yesterday the Dow lost an even 200 points, 1.09%, to finish at 18,129, the S&P 500 lost 27 points, 1.24%, to end at 2,137 and the Nasdaq […]
Equities and the Economy: U.S. stocks closed higher yesterday driven up by higher oil prices. The latter on Russian President Vladimir Putin’s comments that Russia is willing to join in on plans to curb crude oil production. The stronger oil market guided other commodities as well further bolstering equities. Commodities across the board were higher. […]
Equities and the Economy: Friday was yet another choppy day with U.S. equities closing marginally lower as investors digested the Labor Department’s employment report. Although it was down as much at 119 points, the Dow clawed back most of that loss finishing down 28 points at 18,240, the S&P 500 ended off 7 at 2,154 […]
Equities and the Economy: Another pretty boring day on Wall Street yesterday. The Dow closed down 13 at 18,269, the S&P 500 added a single digit to 2,161 and the Nasdaq fell 10, 5,307. Look at the 3 month S&P 500 chart. It’s making a “pennant” formation with the high in early September and the […]
Equities and the Economy: Boy has this market been choppy lately. One day up. One day down. Yesterday was the former. The Dow closed up 113, 0.62%, at 18,281, the S&P 500 gained 9, 0.43%, finishing at 2,160 and the Nasdaq rose 26, 0.50%, to 5,316. As I mentioned previously, this market has been range […]
Equities and the Economy: U.S. equities failed to hold on to their early morning gains ending the day in the red. After being down by as much as 138 points the Dow fought back finishing the day down 85 points, 0.47%, at 18,168. The S&P 500 fell 11, ½%, to 2,150 and the Nasdaq as […]
Equities and the Economy: U.S equities began the quarter on a slightly sour note. The Dow fell 54 points to 18,253, the S&P 500 lost 7 ending at 2,161 and the Nasdaq closed down 11 at 5,301. It could have been worse. The Dow was down as much as 104 intraday. Let’s call it a […]
Equities and the Economy: As you regular readers know last week was all about Deutsche Bank, Europe’s largest investment bank, and all of it was bad news which weighed on global equities. As I said last week, when bad news hits a major bank investors take note. Well the news turned positive on Friday with […]
Equities and the Economy: Gesundheit. We all know that is they word said after someone sneezes, possibly the result of having a cold. Well Deutsche Bank has a cold and it spread to U.S. equities. As I’ve mentioned previously this week, Deutsche Bank has been under scrutiny because of its leverage and investors have been […]
