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Europe: +44 (0) 207 198 1634 Good morning. U.S. equities fell for the 3rd straight day with the Dow losing 117 points, 0.68%, to 17,056, the S&P 500 dropping 12, 0.58%, to 1,983 and the Nasdaq off 19, 0.42%, at 4,509. Nearly half of the losses came in the last 20 minutes of trading which is not a good omen. It […]
Good morning. Last week ended mixed for equities with the Dow rising 14 points to 17,280, a new record, the S&P 500 closing down 1 at 2,010 and the Nasdaq off 14 to 4,580. The major indexes over the week were supported by favorable outcomes of two “risk” events: the Fed reiterating its commitment to […]
Good morning. What can one say other than it was an outstanding day for stocks and your 401K! The Dow closed up 109 points at 17,266 and the S&P 500 gained 10 to 2,011. The Nasdaq didn’t close at a new record high but was the biggest percentage gainer on the day closing up 31 […]
Good morning. The Fed finished its two day meeting yesterday and the market liked what it heard. The Dow closed up 25 points at 17,157 which just happens to be a record high, and the S&P 500 gained 3 points putting it back over 2,000 at 2,002 and on an intraday basis coming within one […]
Good morning. I wonder if someone has the Fed meeting bugged. I mean for the last week and a day the equity market were lackluster chopping around looking for direction. That was the way we started out the day yesterday trading on either side of unchanged until about 10:20 CDT and then zoom, off to […]
Good morning. After a couple of lousy days we got a nice bounce yesterday with the Dow closing up 55 points at 17,068, the S&P 500 rising 7 to 1,996 (still below 2,000) and the Nasdaq climbing 34 to 4,587. Stepping back though and looking at the forest and not the trees, the market has […]
