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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. stocks slip. • Geopolitical events lead to investor cautiousness. Riskier assets, which includes stocks, came under marginal pressure yesterday with North Korea’s foreign minister Ri Yong Ho announcing that President Trump’s recent comments were “clearly a declaration or war” and that Pyongyang has the right to shoot down U.S. […]
Equities and the Economy: • U.S. stocks end little changed. • Russell 2000 closes at record high. The three major U.S. stock indexes ended little changed on Friday. The Dow settled 10 points lower at 6,427, the S&P 500 ended 2 points up at 2,502 and the Nasdaq closed 4 points higher at 6,427. Weekly […]
Equities and the Economy: • Stocks snap 9 day win streak. • Investors see little reason to buy. U.S. stocks closed marginally lower yesterday. Although the Dow traded at a new intraday high at 22,420 it couldn’t hold the gains and closed down 53 points at 22,359. The S&P 500 slipped 8 points finishing at […]
Equities and the Economy: • Dow and S&P continue to post record highs. • FOMC embarking on QT. The FOMC concluded its two day September meeting and being it played out very much in line with expectations investors road the trend taking the Dow and S&P 500 higher. The gains weren’t much but enough to […]
Equities and the Economy: • Dow closes at record high. • Markets shrugging off geopolitical events. Although the major U.S. indexes ended mixed yesterday the Dow’s gain of 45 points to 22,203 was enough to log its third consecutive record high. The S&P 500 fell 3 points to end at 2,496 and the Nasdaq finished […]
Equities and the Economy: • Dow and S&P eke out another record high. • Maybe time for a breather. Yesterday’s gains in stocks were very small but they were enough to take the Dow and S&P 500 to new record highs. The Dow rose 39 points to 22,158 and the S&P gained 2 to 2,498. […]
Equities and the Economy: • U.S. major indexes hit record highs. • Economic data good. All three major U.S. stock indexes booked all-time closing highs yesterday as investors unwound the “fear trade” they had on because of Irma and North Korea loading up on riskier assets, which stocks are. The Dow rose 61 points finishing […]
Equities and the Economy: • U.S. stocks closed mixed. • Post small loss for the week. Investors stayed on the sidelines on Friday waiting to see what Irma’s impact would be as well as whether North Korea was going to fire another missile. The Dow eked out a small gain of 13 points to finish […]
Equities and the Economy: • Equities end little changed. • U.S. dollar hitting 2.5 year lows. U.S. stocks ended little changed yesterday with the Dow closing down 23 points at 21,785, the S&P 500 finishing flat to Wednesday at 2,465 and the Nasdaq posting a slight gain of 5 points to 6,397. Investors are keying […]
Equities and the Economy: • Stocks post modest gains. • Economic data mixed. U.S. equities logged modest gains yesterday with the Dow climbing 54 points to 21,808, the S&P 500 adding 8 to 2,466 and the Nasdaq tacked on 18 points to end at 6,393. There were quite a few economic reports released yesterday and […]
