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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Stocks end little changed. • Dow down 9 of last 10 sessions. Nasdaq closes up for 4th consecutive day. Muted price action was the order of the day yesterday. That being said, the Dow, which closed 42 points lower at 20,659, posted its 9th loss in 10 sessions. At the […]
Equities and the Economy: • Dow snaps eight day losing streak. • Consumer confidence and home sales drive equities. After closing lower for 8 straight sessions the Dow had a big up day yesterday rising 150 points, 0.73%, ending at 20,702. The S&P 500 and Nasdaq had good days too with the former closing up […]
Equities and the Economy: • Dow closes lower for 8th straight day. • Yesterday could have been a lot worse. Yesterday the Dow fell 46 points, 0.2%, to 20,551 marking its 8th consecutive day of losses not seen since way back in August 2011. But it could have been much, much worse for at one […]
Equities and the Economy: • Mixed and muted session with below average volume. • All eyes on the House. It was a quiet day on Wall Street yesterday with the major indexes closing basically flat to Wednesday on below average volume. The Dow lost 5 points to 20,657, the S&P 500 fell 2 to 2,346 […]
Equities and the Economy: • Major indexes closed little changed. • Dow posts 5th consecutive losing session. After falling more than 1% on Tuesday, the first time that’s happened in 109 days, U.S. equities closed little changed from the day prior. However, the Dow did post its 5th consecutive loss closing down 7 points at […]
Equities and the Economy: • U.S. equities have their worst day in 2017. • Break history setting run without 1% loss. It was bound to happen. Just when I write a paragraph on how the market has gone forever without a 1% we get one. Yesterday U.S. stocks logged their worst day in 2017 with […]
Equities and the Economy: • Bivouacking continues. • Nasdaq sets intraday record high. Without any significant economic news U.S. equities have been consolidating the last few sessions. Yesterday the Nasdaq managed to post a new intraday high but pulled back in the afternoon and closed up a point from Friday at 5,902. The Dow and […]
Equities and the Economy: • February jobs report “Goldilocks”. • U.S. post minor losses for the week. Although U.S. stocks closed higher on Friday with the Dow gaining 45 points to 30,903, the S&P 500 up 8 to 2,373 and the Nasdaq adding 23, 0.4%, to finish at 5,862, the major indexes posted minor losses […]
Equities and the Economy: • U.S. stocks close flat to Wednesday. • Yesterday marked the 8th anniversary of this bull market. Yesterday U.S. equities closed basically to Wednesday’s levels with the Dow adding 2 points to 20,858, the S&P 500 edging up the same amount to 2,365 and the Nasdaq rising a single point to […]
Equities and the Economy: • U.S. stocks close lower for 3rd consecutive day. • Plunging oil prices and interest hike weighing. Materially lower oil prices dragged down energy stocks and combined with the realization that interest rates are and will be rising this year investors did some selling. The Dow lost 69 points, 0.3%, closing […]
