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Europe: +44 (0) 207 198 1634 Equities and the Economy: The dog days of summer are in full swing with another lackluster day for U.S. equities. The Dow fell 23 points to 18,529, the S&P 500 lost a single point to 2,183 and the Nasdaq posted a gain of 6 to 5,245. All three indexes chopped around between positive and negative […]
Equities and the Economy: I was travelling on business last week and it was a good week for doing so because the equity markets were little changed on the week. Maybe it was the Olympics or the fact that most of Europe takes the month of August as a holiday but it was pretty quiet. […]
Equities and the Economy: U.S. stocks closed mixed on Friday with the Dow closing down 37 at 18,576 and the S&P 500 falling 2 points to 2,184. Both of these indexes posted new record highs on Thursday. The Nasdaq hit a new high on Friday finishing 5 points up at 5,233. That’s all pretty good […]
Equities and the economy Brexit??? More like Brexwhat! U.S. stocks continued higher for the third consecutive day with the Dow popping 235 points, 1.33%, to 17,930, the S&P 500 gaining 28 points, 1.36%, ending at 2,099 and the Nasdaq rising 63, 1.33%, to 4,843. We just had the best 3 day gain in stocks since […]
Equities and the economy I’ve been travelling on business the last two days, and maybe I should do it more often, because the last two days have been fantastic for equities, and your 401K! After posting a huge gain of 214 points on Tuesday the Dow added another 145 points yesterday marking a gain of […]
Equities and the economy U.S. stocks fared better than Houston yesterday with 20 inches of rain falling in the city in a 24 hour period forcing the city to shut down, which is why the Blog was not published yesterday. The Dow, which gained 107 points, 0.60%, closed for the first time over 18,000, at […]
Equities and the economy Yesterday was a repeat of Friday in that the major U.S. equity indexes began the day strong, up over 100 points, only to fade by the day’s end. The difference was that yesterday the indexes closed in the red while on Friday they managed to close in the green. When the […]
Equities and the economy U.S. stocks closed higher on Friday with the Dow finishing up 35 at 17,577, the S&P 500 rose 6 to 2,048 and the Nasdaq ended 2 higher at 4,851. Higher is always better than lower but I didn’t like the price action. Dow futures were trading over 130 points higher before […]
Equities and the economy No other way to put it. Yesterday was a lousy day for stocks. The Dow closed down 174 points, 0.98%, at 17,542, the S&P 500 lost 35, 1.2%, ending at 2,042 and the Nasdaq ended at 4,848, off 72 points, 1.47%. The S&P posted its biggest daily percentage loss in six […]
Equities and the economy It was not a good day for equities yesterday. Not just in the U.S. but globally. While the Dow fell 134 points, 0.75%, to 17,603 and the S&P dropped 21, 1.01%, to 2,045 and the Nasdaq declined 48, 0.98%, to 4,894., global stocks as measured by the bellwether MSCI All-Country World […]
