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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National Crabmeat Day. Friday was a horrible, horrible day for our 401K’s and portfolios with U.S. equities falling more than 1%. All the bellwether indexes got hit hard with the Dow down 279 points (1.54%) ending below 18,000 at for the first time since February 19th at […]
Equities and the Economy Good morning. I’ve been gone three days and stocks have pulled back a bit from their record highs on Monday. On that day the Dow closed at 18,289 and yesterday it ended at 18,136 so with simple math you can see we lost 153 points or 0.8%. The S&P 500 went […]
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 […]
