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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow finishes at another record high. • Yesterday marked the 7th consecutive close higher. U.S. equities continued their relentless, post-election march higher. The Dow closed once again at a record high advancing 115 points, 0.58%, to 19,911 and just 89 points shy of 20,000! Now the 20,000 number has no […]
Equities and the Economy: • U.S. equities close mixed. • Dow logs yet another record high. U.S. stocks meandered with little direction yesterday. When the final bell rang the Dow posted another record high rising 40 points, 0.2%, closing at 19,796, the S&P 500 and Nasdaq finished lower with the former falling 3 points ending […]
Equities and the Economy: • Dow and S&P 500 once again finish at record highs. • S&P and Dow has best winning streak since June 2014. As Buzz Lightyear would say, “To infinity and beyond!” which is characterizing the U.S. stock market. On Friday the S&P and Dow closed at another record high with the […]
Equities and the Economy: • U.S. stocks continue to log record highs. • World stocks are at 16 month highs. I bet you didn’t realize this but something happened in the stock market yesterday that hasn’t happened in 20 years. 5 major stock index benchmarks finished at record highs on the same day. The Dow […]
Equities and the Economy: • U.S. stocks post largest daily gains since the election. • Dow, S&P 500 and Russell 2000 hit another record high. U.S. equities closed materially higher with broad gains across almost all sectors. The Dow marked its 3rd consecutive record close adding a big 298 points, 1.6%, closing at 19,550. The […]
Equities and the Economy: • The “risk on” play continues. • Dow hits a new record high for second consecutive day. U.S. stocks closed higher yesterday with the Dow gaining 36 points ending at 19,252, a new record high, the S&P 500 closed up 8 at 2,212 just one point shy of its record high […]
Equities and the Economy: • Dow hits another record. • Institute of Supply Management Nonmanufacturing Index Grew at Fastest Pace In A Year. The Dow hit an intraday high yesterday climbing to 19,275 before backing off and closing up 23 points at 19,193. While not posting highs the S&P 500 and Nasdaq both closed up […]
New England, which regularly suffers from elevated winter natural gas prices, is receiving a sizeable bump in natural gas capacity because of updates to the Algonquin Gas Pipeline, the first capacity increase for the region since 2010. The increased natural gas supply will help the region avoid huge winter price spikes, like the ones seen […]
Equities and the Economy: • Friday’s Labor Department’s employment report for November takes unemployment rate to 4.6%, lowest rate since August 2007. • After hitting a record high on Thursday, Dow closes marginally lower, S&P 500 and Nasdaq end slightly higher. Following the release of the Labor Department’s employment for November in the morning U.S. […]
Equities and the Economy: • Stocks closed mixed yesterday. • November employment report just released. Unemployment rate falls to 4.6%, lowest in 9 years. It was a weird day on Wall Street yesterday. The Dow gained a nice 68 points, 0.4%, closing at 19,192 and a new record high while the S&P 500 fell 8 […]
