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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. It was a great day for our portfolios and 401K’s yesterday with the Dow soaring 156 points (0.86%) to 18,289 and the S&P 500 up 13 (0.59%) to 2,117. It was the 4th time this year the Dow set a record close and the 5th time for the S&P. […]
Equities and the Economy Good morning. U.S. equities ended last week on a sour note with the Dow losing 82 points ending at 18,133, the S&P 500 lost 6 to 2,105 and the Nasdaq ended down 24 to 4,964. OK, now for the good news. For the month February was outstanding! The Dow jumped 5.64% […]
Equities and the Economy Good morning. Yet another quiet day for U.S. stocks ending in mixed results. The Dow lost 10 points to 18,214 and the S&P 500 closed down 3 at 2,111. The Nasdaq bucked the trend gaining 21 points to 4,988. Those of you with higher math skills will note the Nasdaq is […]
Equities and the Economy Good morning. Yesterday U.S. equities ended the way they started, sedate. The Dow closed up 16 points at 18,225 and both the S&P 500 and Nasdaq lost a point ending at 2,114 and 4,967, respectively. You can’t get much less price movement. I must add though that the Dow’s small gain […]
Equities and the Economy Good morning. U.S. stocks rose yesterday primarily as a result of our Fed Chair Janet Yellen’s testimony and comments before the Senate Banking Committee. She speaks in the House today. The Dow and S&P 500 made new record highs with the former rising 92 points (0.51%) to 18,209 and the latter […]
Equities and the Economy Good morning. Yesterday was what I call “chatter” with the Dow falling 23 to 18,117, the S&P 500 literally closing flat to Friday at 2,110 and the Nasdaq adding 5 points to 4,691. Hurting the Dow index were oil stocks which fell in sync with lower oil prices. The Nasdaq rose […]
Equities and the Economy Good morning. The market needed some fundamental news to move and it got it Friday in the form of the announcement that the Greek government got a 4 month loan extension from the eurozone ministers (who’s kidding who? It’s really Germany for they have footed most of the bill!). The agreement […]
Equities and the Economy Good morning. In a light volume day the three bellwether indexes closed mixed. While the Dow and S&P 500 fell with the former losing 44 points to 17,986 and the latter down 2 points to 2,097, the tech-heavy Nasdaq bucked the trend gaining 18 points to 4,925. As is indicated by […]
Equities and the Economy Good morning. Equities slipped yesterday with the Dow closing down 17 points at 18,030, the S&P 500 falling 1 to 2,100 while the Nasdaq managing to eke out a gain of 7 to 4,906. All chatter. Now remember, the S&P is at record highs, the Dow is close to a record […]
Equities and the Economy Good morning. A very small gain yet yielding another record high for the S&P 500. Yesterday the bellwether index started out lower but eked out a 3 point rise closing at an even 2,100 putting it into new territory. The Dow rose 28 points closing at 18,048 and the Nasdaq added […]
