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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. U.S. equities continued their rally from their test last Friday of the August 24th “flash crash” low with the Dow adding another 122 points, 0.73%, closing at 16,912, the S&P 500 added 16, 0.81%, finishing at 1,996 and the Nasdaq climbed 43, 0.90%, to 4,791. Yesterday’s higher close was […]
Equities and the Economy After a ten day wild roller coaster ride U.S. equities took the day off yesterday with all the major indexes not doing much. While the Dow closed 14 points higher at 16,790, the S&P 500 and Nasdaq closed lower. The former lost 7 points ending at 1,980 and the latter fell […]
Equities and the Economy Good morning. Rally on, baby, rally on! Yesterday the Dow scored its biggest daily rise in about a month jumping more than 300 points and the S&P 500 finished with gains for the 5th consecutive session, its longest winning stretch since last December. When the bell rang ending the day the […]
Equities and the Economy Good morning. Crazy is an understatement for Friday’s price action! So how crazy was it??? Friday was the most volatile single day for the S&P 500 and Dow in four years, specifically, October 4, 2011! And the great news was that it was for the good! Early in day after the […]
Equities and the Economy As I suspected and mentioned in Wednesday’s Morning Energy Report, U.S. equities were lackluster yesterday with Dow falling 13 points to 16,272, the S&P 500 inching up 4 to 1,924 and the Nasdaq 7 to 4,627. The numbers at the closing bell were all chatter but intraday traders really tried hard […]
Equities and the Economy HOORAY! Finally a good day for equities. No, check that. A great day! Following big gains in Asia equities, U.S. stocks closed out Q3 hugely higher with the Dow gaining a hefty 236 points, 1.47%, closing at 16,285, the S&P 500 climbing 36, 1.91%, to 1,920 and the Nasdaq led all […]
Equities and the Economy After getting unabashedly bludgeoned for 7 trading sessions healthcare stocks rebounded yesterday giving the S&P 500 its first gain in 6 days, although it was hardly something to write home to mom about. The S&P 500 gained a tiny 2 points closing at 1,884, the Dow did marginally better adding 47 […]
Equities and the Economy Good morning. Not a good day folks. Not a good day at all. U.S. equities followed European stocks lower with the latter closing down between 2.12% and 2.76% while stocks here in the U.S. fell about the same. When the bloodletting was over the Dow lost 313 points, 1.92% closing at […]
Equities and the Economy Good morning. Friday was a very mixed day for U.S. equities. The Dow ended the week on a positive note closing up 113 points, 0.7%, at 16,215, the S&P 500 closed just about unchanged, down 1 point, and the Nasdaq got hammered falling 1.03%, 48 points, ending at 4,686. The Dow […]
Equities and the Economy Good morning. Make that the last 5 out of 6. I’m talking about the number of days U.S. stocks have traded lower. The Dow closed down 79 points, 0.48%, at 16,201, the S&P 500 fell 7, 0.34%, to 1,932 and the Nasdaq was off 18, 0.38%, ending at 4,734. My friends, […]
