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Europe: +44 (0) 207 198 1634 Equities and the Economy The penultimate of the ECB meeting was a fairly quiet one for U.S. stocks with the oil/equity relationship remaining intact. Oil prices recovered and stock prices ended higher. The Dow closed up 36 points right at 17,000, the S&P 500 added 10 to 1,989 and the Nasdaq finished 26 points higher […]
For the first time, the US is exporting natural gas in liquefied form. The excess supply of natural gas in the US is the cause for the current low energy prices, and many companies are hoping to ease the supply glut by exporting gas to countries around the globe that are in need. Source: U.S […]
Equities and the Economy Another good day! Like’n it! The Dow continued its climb closing up 212 points, 1.29%, at 16,697, the S&P 500 ended up 22, 1.15%, at 1,952 and the Nasdaq added 39, 0.87%, to 4,582. The second consecutive day of gains for stocks was helped by a 3% jump in oil prices […]
Equities and the Economy Today’s Blog will be shorter than normal because I had a meeting this morning which is delaying the Blog. U.S. equities closed marginally higher yesterday with the Dow up 53 points to 16,485, the S&P 500 closing 9 at 1,929 and the Nasdaq up 39 to 4,542. That isn’t much, but […]
Equities and the Economy After three days of big gains U.S. equities took the day off yesterday trading on either side of unchanged all day. The Dow fell 41 points to 16,413, the S&P 500 lost 9 to 1,918 and the Nasdaq ended off 46, 1.02%, at 4,488. The latter got hit with the biotechnology […]
Equities and the Economy Whoo-hoo! Yesterday we had our first three day win streak in 2016, and biggest three day gain since August, with all the major indexes materially rising helped by stronger oil prices and some encouraging economic news. The Dow screamed higher by a big 258 points, 1.59%, to 16,454, the S&P 500 […]
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 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 […]
