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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow and S&P close at record high. • Dow closes above 24,000 for first time. It was a stellar day for stocks yesterday. The Dow skyrocketed gaining a whopping 332 points, 1.39%, closing above 24,000 for the first time at 24,272 and logging its largest single day gain since March. […]
Equities and the Economy: • Dow closes at record. • Nasdaq has its worst day in 3 months. After closing at new record highs on Tuesday it was a bifurcated day yesterday for stocks. The 30 stock blue-chip Dow had a great day closing up 104 points, 0.4%, at yet another record high at 23,942 […]
Equities and the Economy: • Stocks again close at record highs. • Dow has biggest daily gain in 3 months. Buoyed by continued progress on tax reform, investors came out yesterday clicking the “buy” button sending the 3 major U.S. equity benchmarks to record highs, again. The Dow popped a huge 226 points, 1.1%, to […]
Equities and the Economy: • S&P and Nasdaq close at all-time highs. • Three major indexes post first weekly gain in three weeks. Although the equity markets closed early on Friday at 1 PM EST and trading was understandably very light, the three major U.S. indexes managed to all posted gains with the S&P 500 […]
Equities and the Economy: Another strong performance for global equities. All three major indexes finish at record highs. With investors optimistic about global economic growth and current strong earnings, stock markets around the world posted a good performance including those in the U.S with the three major indexes closing at record highs. The Dow logged […]
Equities and the Economy: M & A activity drive equities higher. Volume light. U.S. stocks closed higher yesterday on the announcement that chipmaker Marvell Technology will buy rival Cavium. Possibly like myself, you’ve never heard of either company, but the importance here is that investors view mergers and acquisitions activity as bullish for equities because […]
Equities and the Economy: Stocks close lower on Friday. Dow and S&P log second consecutive down week. U.S. equities closed out the week on a down note with the Dow shedding 100 points to 23,358, the S&P 500 posting a loss of 7 points to 2,579 and the Nasdaq sliding 11 points to 6,783. Both […]
Equities and the Economy: • Equities rise sharply. • Strong corporate earnings and progress on tax reform. Well that wasn’t much of a dip. After falling 4 of the last 5 sessions, U.S. equities posted big gains yesterday. The Dow ended up a very nice 187 points, 0.8%, at 23,458. It was up as much […]
Equities and the Economy: • Dow and S&P have biggest percentage loss in 2 months. • Energy and progress on tax reform blamed. Well guess what folks? Stocks do go down. U.S. equities fell yesterday for the 4th of 5 sessions with yesterday’s losses the largest of the 4 days. The Dow fell 138 points, […]
Equities and the Economy: • Dow off for 3rd of 4th session. • Losses remain minor. The major U.S. stock indexes finished lower yesterday with the Dow closing down 30 points at 23,409, the S&P 500 falling 6 points to 2,579 and the Nasdaq dipping 20 points to 6,738. The positive news is that the […]
