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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Stocks end little changed. • Nasdaq logs 7th straight higher session. U.S. stocks ended little changed yesterday although the Nasdaq, by gaining a mere 2 points, did post its 7th consecutive higher session closing at 6,314, just shy of its record close of 6,322 set on June 8th. The Dow […]
Equities and the Economy: • U.S. equities hit record highs. • Weaker economic data suggest slower interest rate hikes. The last Morning Energy Blog was last Monday discussing the previous Friday’s market action and I can tell you it was a good week. The Dow and S&P 500 closed at record highs on Friday and […]
Equities and the Economy: • Solid June employment report. • Stocks notch small weekly gain. Stocks closed higher on Friday with the Dow gaining 94 points closing at 21,414, the S&P 500 adding 15 ending at 2,425 and the Nasdaq finishing up 64 points at 6,153. Friday’s strength was enough to push all three indexes […]
Equities and the Economy: • Dow and S&P little changed. • Nasdaq rallies after 3 losing sessions. The Dow and S&P 500 ended little changed after the holiday with the former closing down a point at 21,478 and the latter ending up 4 at 2,433. The Nasdaq, after closing in the red for the previous […]
Equities and the Economy: • Dow and S&P flat over the last 5 days. • Nasdaq coming back “in line.” The last Morning Energy Blog was last Thursday reflecting Wednesday’s price action so let’s see what’s happened since then. For the Dow and S&P 500, nothing. Both are very, very marginally lower compared to last […]
Equities and the Economy: • S&P posts biggest one-day gain in 2 months. • Nasdaq has best 1 day-gain in 8 months. It’s been a very, very fickle month for stocks. Why do I say this? Because the S&P 500 has had its 3 biggest daily gains and its 2 worst daily losses of the […]
Equities and the Economy: • Stocks slip on healthcare vote delay. • Google gets hit with record fine. U.S. stocks closed lower yesterday with the Dow falling 99 points, 0.5%, to 21,311, the S&P 500 sliding 20, 0.8%, to 2,419 and the Nasdaq getting whacked closing down a big 101 points, 1.6%, at 6,147. Here […]
Equities and the Economy: • Nasdaq back to its winning ways. • Housing market still on fire. The Dow and S&P 500 ended little changed on Friday with the former slipping 3 points to 21,385 and the latter rising 4 points to end at 2,438. The Nasdaq, which had a flash crash earlier this month, […]
Equities and the Economy: • U.S. stocks end mixed. • Labor market tight. It was a lackluster day yesterday with U.S stocks ending mixed. The Dow slipped 13 points to 21,397, the S&P 500 ended off a single digit at 2,435 while the Nasdaq bucked the trend closing up 3 points at 6,237. All chatter. […]
Equities and the Economy: • Not much movement in a week. • Housing market hot. I’ve been in Washington D.C. for a week with my two teenage daughters and while still monitoring the markets, my last Morning Energy Blog was June 14th, which discussed the markets on June 13th, so let’s see how things have […]
