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Europe: +44 (0) 207 198 1634 Equities and the economy Boy does it feel like “sell in May and go away.” U.S. equities closed lower yesterday with the Dow off 100 points, 0.6%, to 17,651, the S&P 500 lost 12 points, also 0.6%, to 2,051 and the Nasdaq dropped 38 points, 0.8%, to 4,726. Once again though, and this is a […]
Equities and the economy It was not a good day for U.S. stocks yesterday with the major indexes falling to three week lows. The Dow fell 140 points, 0.8%, to 17,751, the S&P 500 lost 18, 0.9%, to 2,063 and the Nasdaq closed down 54 points, 1.1%, at 4,763 with the latter having only one […]
Due to increases in power sector demand for gas, coupled with growing demand from the industrial sector in the region, overall natural gas demand in the Southeastern US is expected to grow by nearly 8 Bcf/d over the next 15 years. All these factors combine to create significant risk of higher natural gas basis prices […]
US Production of natural gas has been increasing over recent years, faster even than US consumption of natural gas. However, the excess production is resulting in an increase in exports and by mid-2017 the US is expected to become a net exporter of natural gas. Source: U.S. Energy Information Administration, Natural Gas Monthly U.S natural […]
Equities and the economy U.S. stocks closed out April on a weak note with the Dow closing down 57 points, 0.32%, at 17,774, the S&P 500 off 11 points, 0.51%, to 2,065 and the Nasdaq falling 30, 0.62%, finishing at 4,775. However, the Dow and S&P clung on to monthly gains, 0.5% and 0.3%, respectively, […]
Equities and the economy Not a good day for equities yesterday. Not at all. Specifically, it was the worst day in the last two months. The Dow lost 211 points, 1.2%, finishing at 17,831, the S&P 500 fell 19 points, 0.9%, to 2,076 and the Nasdaq dropped 58, 1.2%, to close at 4,805. Some blame […]
Equities and the economy For the third consecutive day it was a mixed bag for stocks with the Dow and S&P 500 rising 51 and 3 points, respectively and the Nasdaq closing down 25. It was another day where stocks began the day weak and closed marginally better. For example, in early trading the S&P […]
Equities and the economy For a second consecutive session U.S. equities price movement was muted with the Dow closing up 13 points at 17,990, the S&P 500 finishing 4 points higher at 2,091 while the Nasdaq posted a loss of 8 points ending at 4,888. Chatter. Investors are pausing right now being that we’re up […]
Equities and the economy Yesterday the major indexes posted small losses. The Dow fell 27 points closing back below 18,000 at 17,977, the S&P 500 fell 4 to 2,088 and the Nasdaq closed down 10 at 4,896. You should be happy about that performance for earlier in the day the Dow was down 148 points, […]
Equities and the economy On Friday the Dow eked out a small gain of 21 points to close at 18,004 while the S&P 500 closed literally flat to Thursday at 2,092. The more volatile and technology heavy Nasdaq lost 40 points, 0.8%, finishing at 4,906 dragged down by disappointing earnings announcements from Microsoft and Alphabet […]
