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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. stocks fell Friday on profit taking. • All three major indexes post nice gains for 2016. U.S. stocks finished the year on a mild down note with the Dow losing 57 ending at 19,762, the S&P 500 falling 10 points to 2,239 and the Nasdaq ended down 49 points […]
Equities and the Economy: • Record highs again for Dow and Nasdaq. • Banking sector driving the market. The Dow gained 92 points yesterday, 0.5%, closing at a record high of 19,975 trading intraday even higher at 19,988, just 12 points shy of 20,000. The Nasdaq also closed at a record high at 5,484, up […]
Equities and the Economy: • Dow finishes at another record high. • Yesterday marked the 7th consecutive close higher. U.S. equities continued their relentless, post-election march higher. The Dow closed once again at a record high advancing 115 points, 0.58%, to 19,911 and just 89 points shy of 20,000! Now the 20,000 number has no […]
Equities and the Economy: • U.S. equities close mixed. • Dow logs yet another record high. U.S. stocks meandered with little direction yesterday. When the final bell rang the Dow posted another record high rising 40 points, 0.2%, closing at 19,796, the S&P 500 and Nasdaq finished lower with the former falling 3 points ending […]
Equities and the Economy: • Dow and S&P 500 once again finish at record highs. • S&P and Dow has best winning streak since June 2014. As Buzz Lightyear would say, “To infinity and beyond!” which is characterizing the U.S. stock market. On Friday the S&P and Dow closed at another record high with the […]
Equities and the Economy: • U.S. stocks continue to log record highs. • World stocks are at 16 month highs. I bet you didn’t realize this but something happened in the stock market yesterday that hasn’t happened in 20 years. 5 major stock index benchmarks finished at record highs on the same day. The Dow […]
Equities and the Economy: • U.S. stocks post largest daily gains since the election. • Dow, S&P 500 and Russell 2000 hit another record high. U.S. equities closed materially higher with broad gains across almost all sectors. The Dow marked its 3rd consecutive record close adding a big 298 points, 1.6%, closing at 19,550. The […]
Equities and the Economy: • The “risk on” play continues. • Dow hits a new record high for second consecutive day. U.S. stocks closed higher yesterday with the Dow gaining 36 points ending at 19,252, a new record high, the S&P 500 closed up 8 at 2,212 just one point shy of its record high […]
Equities and the Economy: • Friday’s Labor Department’s employment report for November takes unemployment rate to 4.6%, lowest rate since August 2007. • After hitting a record high on Thursday, Dow closes marginally lower, S&P 500 and Nasdaq end slightly higher. Following the release of the Labor Department’s employment for November in the morning U.S. […]
Equities and the Economy: • Stocks closed mixed yesterday. • November employment report just released. Unemployment rate falls to 4.6%, lowest in 9 years. It was a weird day on Wall Street yesterday. The Dow gained a nice 68 points, 0.4%, closing at 19,192 and a new record high while the S&P 500 fell 8 […]
