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Europe: +44 (0) 207 198 1634 Equities and the economy Well the calm has ended. After a month or so of no volatility the last two sessions have been anything but with the major indexes moving in opposite and almost equal amounts the last two days. Refreshing your memory, on Tuesday the Dow closed up 222 points. Yesterday it closed down […]
Equities and the economy Just as I write that volatility has been low and we haven’t had a move greater than 1% in a month stocks go bonkers yesterday with all three major U.S. equity indexes closing up over 1%. It was a very, very good day for your 401K. The Dow popped a hefty […]
Equities and the economy Yesterday was a nothing day for U.S. stocks with the major indexes closing in different directions. The Dow closed down 35 at 17,706, the S&P 500 eked out a gain of a couple points ending at 2,059 while the more Nasdaq being the best performer of the day closing up 14, […]
Equities and the economy U.S. stocks rebounded from early losses on Friday to close higher with the Dow ending up 80 points, 0.45%, at 17,741, the S&P 500 adding 7, 0.32%, to 2,057 and the Nasdaq closing at 4,736, up 19, 0.4%. The major event Friday was the Labor Department jobs report which showed the […]
Equities and the economy Although there was some intraday volatility U.S. equities did what I expected and mentioned in my Blog yesterday which was that stocks would close little changed from Wednesday as investors waited for today’s Labor Department employment report. The Dow closed up 9 at 17,661, the S&P 500 closed flat to Wednesday […]
Equities and the economy Boy does it feel like “sell in May and go away.” U.S. equities closed lower yesterday with the Dow off 100 points, 0.6%, to 17,651, the S&P 500 lost 12 points, also 0.6%, to 2,051 and the Nasdaq dropped 38 points, 0.8%, to 4,726. Once again though, and this is a […]
Equities and the economy It was not a good day for U.S. stocks yesterday with the major indexes falling to three week lows. The Dow fell 140 points, 0.8%, to 17,751, the S&P 500 lost 18, 0.9%, to 2,063 and the Nasdaq closed down 54 points, 1.1%, at 4,763 with the latter having only one […]
Equities and the economy U.S. stocks closed out April on a weak note with the Dow closing down 57 points, 0.32%, at 17,774, the S&P 500 off 11 points, 0.51%, to 2,065 and the Nasdaq falling 30, 0.62%, finishing at 4,775. However, the Dow and S&P clung on to monthly gains, 0.5% and 0.3%, respectively, […]
Equities and the economy Not a good day for equities yesterday. Not at all. Specifically, it was the worst day in the last two months. The Dow lost 211 points, 1.2%, finishing at 17,831, the S&P 500 fell 19 points, 0.9%, to 2,076 and the Nasdaq dropped 58, 1.2%, to close at 4,805. Some blame […]
Equities and the economy For the third consecutive day it was a mixed bag for stocks with the Dow and S&P 500 rising 51 and 3 points, respectively and the Nasdaq closing down 25. It was another day where stocks began the day weak and closed marginally better. For example, in early trading the S&P […]
