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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. stocks suffer marginal loss yesterday. • Disappointing auto sales weigh. U.S. equities closed marginally lower yesterday under the weight of disappointing auto sales. The Dow lost 13 points ending at 20,650, the S&P 500 closed down 4 at 2,359 and the Nasdaq fell 17 points to 5,895. GM, Ford […]
Equities and the Economy: • Stocks post marginal losses on Friday. • Solid gains for Q1. The major U.S. stock indexes closed marginally lower on Friday with the Dow falling 65 points to 20,663, the S&P 500 off 5 to 2,363 and the Nasdaq losing 3 points to 5,912. Looking at it from a longer […]
Equities and the Economy: • U.S. stocks close higher on upwardly revised Q4 2016 GDP. • Nasdaq logs 21st record high. The Commerce Department reported revised Q4 2016 GDP data yesterday noting GPD for the quarter rose 2.1%, up from the previously reported 1.9%. The rise was due to increased consumer spending which rose 3.5% […]
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 […]
