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Europe: +44 (0) 207 198 1634 Equities and the Economy The stock market was closed yesterday so let’s recap what happened Friday. Bottom line, it was outstanding! U.S. stocks snapped a five day losing streak logging their largest daily gains of the month led by financial and energy shares. The Dow closed up a big 314 points, an even 2%, at […]
Equities and Economy Stocks tumbled yesterday as the Dow fell for the 5th consecutive day closing down 255 points, 1.60%, at 15,660. The S&P 500 lost 23, 1.23%, to 1,829. The Nasdaq fared the best closing down only 0.39%, at 4,267. It could have been, oh, so much worse. At 2:37 EST the Dow was […]
Equities and the Economy We had a second day of chop yesterday with the Dow closing down 99 at 15,915, the S&P 500 literally closing flat to Tuesday at 1,852 and the Nasdaq actually managing to post a gain of 15 points ending at 4,284. However, I was very concerned how we got to those […]
Equities and the Economy U.S. stocks stabilized yesterday, i.e. stopped falling, in a day of choppy trading. The Dow closed down 13 points at 16,014, the S&P 500 was off a single digit to 1,852 and the Nasdaq fell 15 points to 4,269. We needed this after two days of material weakness. With the lack […]
Equities and the Economy Unfortunately Super Bowl Monday began where Super Bowl Friday ended with another wave of selling sending U.S. equities markedly lower. The Dow fell 178 points, 1.1%, to 16,027, the S&P 500 sank 27, 1.4%, to 1,853 and the Nasdaq ended down 79, 1.8%, at 4,284. And it could have been worse. […]
Equities and the Economy First of all, I want to congratulate all of you who are reading this at work. Over 1.5 million workers call in sick today, the day after Super Bowl, and millions are late. Maybe it has something to do with the 325 million gallons of beer drank yesterday! I’m sure a […]
Equities and the Economy U.S. equities continue to climb the wall of worry posting a second consecutive day of gains with the Dow closing up 80 points, 0.49%, at 16,417, the S&P 500 up 2 to 1,915 and the Nasdaq up 6 to 4,510. All rose in the face of marginally declining oil prices. I […]
Equities and the Economy Yesterday, the Dow, S&P 500 and Nasdaq closed at 16,337, 1,913 and 4,504, respectively. Let’s see how this compares to last Friday’s closes which is when we had our last Blog data. Last Friday the Dow, S&P 500 and Nasdaq closed at 16,466, 1,940 and 4,614, respectively. So we’ve little ground […]
Equities and the Economy In Friday’s Blog I stated that it looked like U.S. stocks on Thursday were gaining traction. Well on Friday they were like John Force at Lucas Oil Raceway screaming down the track at top speed and crossing the finishing line on their highs of the day. The Dow went ballistic closing […]
Equities and the Economy Just like the tires of your car for you in the northeast gaining traction with the ice melting, the U.S. equities market just might be gaining some traction. Yesterday the Dow rose a nice 126 points, 0.79%, to 16,070, the S&P 500 added 10, 0.53%, ending at 1,893 and the Nasdaq […]
