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Europe: +44 (0) 207 198 1634 Equities and the Economy Last week ended on a sour note for us. The Dow fell 185 points, 1.05%, to end at 17,535, the S&P 500 lost 18, 0.85%, to finish at 2,047 and the Nasdaq was off 20 points, 0.41%, closing at 4,718. For the week as a whole the Dow, S&P and Nasdaq […]
On May 12, 2016, the EPA took another set of steps to cut methane emissions from the oil and natural gas industry and stay on track to achieve its goal of cutting methane emissions from the oil and gas sector by 40-45% from 2012 levels by 2025. In addition to curbing emissions of methane, the […]
Equities and the economy The bulls beat up on the bears on Tuesday and the bears beat up on the bulls on Wednesday and yesterday they both left the battlefield and went back to their corrals and their caves and licked their wounds. The Dow rose 9 points to 17,720, the S&P 500 closed flat […]
Equities and the economy Well the calm has ended. After a month or so of no volatility the last two sessions have been anything but with the major indexes moving in opposite and almost equal amounts the last two days. Refreshing your memory, on Tuesday the Dow closed up 222 points. Yesterday it closed down […]
Equities and the economy Just as I write that volatility has been low and we haven’t had a move greater than 1% in a month stocks go bonkers yesterday with all three major U.S. equity indexes closing up over 1%. It was a very, very good day for your 401K. The Dow popped a hefty […]
Equities and the economy Yesterday was a nothing day for U.S. stocks with the major indexes closing in different directions. The Dow closed down 35 at 17,706, the S&P 500 eked out a gain of a couple points ending at 2,059 while the more Nasdaq being the best performer of the day closing up 14, […]
Equities and the economy U.S. stocks rebounded from early losses on Friday to close higher with the Dow ending up 80 points, 0.45%, at 17,741, the S&P 500 adding 7, 0.32%, to 2,057 and the Nasdaq closing at 4,736, up 19, 0.4%. The major event Friday was the Labor Department jobs report which showed the […]
Equities and the economy Although there was some intraday volatility U.S. equities did what I expected and mentioned in my Blog yesterday which was that stocks would close little changed from Wednesday as investors waited for today’s Labor Department employment report. The Dow closed up 9 at 17,661, the S&P 500 closed flat to Wednesday […]
Equities and the economy Boy does it feel like “sell in May and go away.” U.S. equities closed lower yesterday with the Dow off 100 points, 0.6%, to 17,651, the S&P 500 lost 12 points, also 0.6%, to 2,051 and the Nasdaq dropped 38 points, 0.8%, to 4,726. Once again though, and this is a […]
Equities and the economy It was not a good day for U.S. stocks yesterday with the major indexes falling to three week lows. The Dow fell 140 points, 0.8%, to 17,751, the S&P 500 lost 18, 0.9%, to 2,063 and the Nasdaq closed down 54 points, 1.1%, at 4,763 with the latter having only one […]
