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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Stocks end little changed. • Nasdaq logs 7th straight higher session. U.S. stocks ended little changed yesterday although the Nasdaq, by gaining a mere 2 points, did post its 7th consecutive higher session closing at 6,314, just shy of its record close of 6,322 set on June 8th. The Dow […]
Equities and the Economy: • U.S. equities hit record highs. • Weaker economic data suggest slower interest rate hikes. The last Morning Energy Blog was last Monday discussing the previous Friday’s market action and I can tell you it was a good week. The Dow and S&P 500 closed at record highs on Friday and […]
Equities and the Economy: • Solid June employment report. • Stocks notch small weekly gain. Stocks closed higher on Friday with the Dow gaining 94 points closing at 21,414, the S&P 500 adding 15 ending at 2,425 and the Nasdaq finishing up 64 points at 6,153. Friday’s strength was enough to push all three indexes […]
Equities and the Economy: • Dow and S&P little changed. • Nasdaq rallies after 3 losing sessions. The Dow and S&P 500 ended little changed after the holiday with the former closing down a point at 21,478 and the latter ending up 4 at 2,433. The Nasdaq, after closing in the red for the previous […]
Equities and the Economy: • Dow and S&P flat over the last 5 days. • Nasdaq coming back “in line.” The last Morning Energy Blog was last Thursday reflecting Wednesday’s price action so let’s see what’s happened since then. For the Dow and S&P 500, nothing. Both are very, very marginally lower compared to last […]
Equities and the Economy: • S&P posts biggest one-day gain in 2 months. • Nasdaq has best 1 day-gain in 8 months. It’s been a very, very fickle month for stocks. Why do I say this? Because the S&P 500 has had its 3 biggest daily gains and its 2 worst daily losses of the […]
Equities and the Economy: • Stocks slip on healthcare vote delay. • Google gets hit with record fine. U.S. stocks closed lower yesterday with the Dow falling 99 points, 0.5%, to 21,311, the S&P 500 sliding 20, 0.8%, to 2,419 and the Nasdaq getting whacked closing down a big 101 points, 1.6%, at 6,147. Here […]
Equities and the Economy: • Chop continues. • Investors hedging their equity bets. Although the Dow posted a gain after 4 days of losses of 15 points to 21,410 and the S&P 500 closed a point higher at 2,439, equities over the last month have really done very little. For the record, the Nasdaq yesterday […]
Equities and the Economy: • Nasdaq back to its winning ways. • Housing market still on fire. The Dow and S&P 500 ended little changed on Friday with the former slipping 3 points to 21,385 and the latter rising 4 points to end at 2,438. The Nasdaq, which had a flash crash earlier this month, […]
Equities and the Economy: • U.S. stocks end mixed. • Labor market tight. It was a lackluster day yesterday with U.S stocks ending mixed. The Dow slipped 13 points to 21,397, the S&P 500 ended off a single digit at 2,435 while the Nasdaq bucked the trend closing up 3 points at 6,237. All chatter. […]
