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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. equities close marginally higher yesterday. • Nasdaq touches record high. U.S. stocks edged higher yesterday with the Dow adding 24 points closing at 19,122, the S&P 500 finished 3 points up at 2,205 and the Nasdaq popped 11 ending at 5,380 touching its record high intraday or 5,404. The […]
Equities and the Economy: • Dow and S&P 500 end four day win streak. • Consolidation/pullback due. U.S. stocks closed lower yesterday with the Dow off 54 points, 0.28%, to 19,098, the S&P 500 closing down 12, 0.53%, at 2,201 and the Nasdaq falling 20 points, 0.56%, to 5,369. Folks, this is overdue. We’ve had […]
Equities and the Economy: • All three major indexes close at new record highs! U.S. equities closed higher at fresh records yesterday giving the three major indexes their third simultaneous all-time closing highs this year. The Dow closed 89 points higher, 0.47%, at 18,957, the S&P 500 rose 16, 0.75%, to end at 2,198 and […]
Total amount of natural gas in storage in the US has now surpassed the previous record, which was set in November 2015. With the storage level expected to rise and winter on its way, will natural gas prices continue to stay at record lows? Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working […]
Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Winter is coming! As the reliance on natural gas continues to increase, strain is being placed on existing natural gas supply and infrastructure to ensure that the lights – and heat – will be kept on during the winter. Grid operators say enhanced coordination and upgraded operational tools are key in keeping gas-fired plants online […]
Equities and the Economy: We actually saw some movement in U.S. stocks yesterday, but, unfortunately, it wasn’t the movement we like. The Dow lost 105 points, 0.58%, to end at 18,037, the S&P 500 fell 14, 0.68%, to 2,112 and the Nasdaq closed down 36 points, 0.69%, at 5,154. Here are some not-so-good statistics. Yesterday […]
Equities and the Economy: U.S. stocks closed lower yesterday but looking at the forest rather than the trees it was another day of chatter. The Dow lost 40 points ending at 18,162, the S&P 500 fell 3 to 2,141 and the Nasdaq ended off 5 at 5,242. This market has been bouncing around, consolidating is […]
The natural gas supply glut that dropped gas and electricity prices could soon turn into a supply issue and possible price spike as 23 straight weeks of below-average gas injections has left the US with far less gas than was expected going into the winter. U.S. natural gas prices have surged to the highest […]
