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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National Anisette Day. Ok. Let’s just get it out of the way first. Greece. With the Greek referendum scheduled for Sunday and despite overtures from the Greeks, the Brussels Group has ceased negotiations until after the referendum. It makes total sense. If the Greeks vote “Yes” then […]
Equities and the Economy Good morning and happy National Bomb Pop Day. Well a bomb went off on Wall Street yesterday sending the Dow down 179 points (0.98%) closing at 17,966, the S&P 500 fell 15 (0.72%) ending at 2,109 and the Nasdaq lost 38 (0.74%) finishing at 5,122. The selling began early but once […]
Equities and the Economy Good morning and happy National Lobster Day. Nobody on Friday could justify having lobster for dinner with all three indexes getting pounded. The Dow lost 140 points (0.78%) to 17,898, the S&P 500 fell 15 (0.70%) to 2,094 and the Nasdaq dropped 32 (0.62%) to 5,051. European stocks got hammered even […]
Equities and the Economy Good morning and happy National Peanut Butter Cookie Day. There were a few fundamental economic reports out yesterday which pushed stocks higher. The most important was the Commerce Department’s Retail Sales report which showed May sales were up 1.2% which although below economists’ forecast of 1.3%, were up for the third […]
Equities and the Economy Good morning and happy National Donald Duck Day. U.S. equities continue to slip with all the major indexes ending lower yesterday. The Dow fell 83 points (0.5%), the S&P 500 lost 14 (0.7%) and the Nasdaq really took in on the chin losing 47 points (0.9%) to 5,022. The equity anchor […]
Equities and the Economy Good morning and happy Paperclip Day (I guess it’s only fair paperclips have their day being cellophane had its day on Wednesday). U.S. stocks ended slightly lower yesterday with the Dow falling 37 points to 18,126, the S&P 500 lost 2 to 2,121 and the Nasdaq was off 9 to 5,098. […]
Equities and the Economy Good morning and happy National Nylon Stocking Day. It was a fantastic day for U.S. stocks yesterday with the Dow pushing up a big 192 points (1.06%) higher, the S&P 500 adding 23 (1.07%) to 2,121 and the Nasdaq jumping 69 (1.39%) ending at 5,051. And along the way the S&P […]
Equities and the Economy Good morning and happy No Socks Day (should have told you this yesterday!). What you all saw yesterday was equities bounce back somewhat with the Dow adding 83 (0.46%) to 17,924, the S&P 500 up 8 (0.38%) to 2,088 and the Nasdaq close up 26 (0.53%) to 4,946. But to use […]
Equities and the Economy Good morning and happy National Star Wars Day. U.S. stocks bounced back sharply with the Dow gaining 183 points (1.03%) closing back over 18,000 at 18,024, the S&P 500 up 22 points (1.08%) to 2,108 and the Nasdaq added 64 (1.29%) and once again over 5,000, albeit barely, to 5,005. We’ll […]
Equities and the Economy Good morning and happy National Tuba Day. It was a second consecutive bad day for stocks all around the world yesterday with the Dow falling 195 points (1.08%) and once again below 18,000 to 17,841. The S&P 500 lost 21 (0.99%) to 2,086 and the Nasdaq got pounded like Mayweather and […]
