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Europe: +44 (0) 207 198 1634 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: • Dow hits another record. • Institute of Supply Management Nonmanufacturing Index Grew at Fastest Pace In A Year. The Dow hit an intraday high yesterday climbing to 19,275 before backing off and closing up 23 points at 19,193. While not posting highs the S&P 500 and Nasdaq both closed up […]
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 […]
Equities and the Economy: • U.S. equities close marginally higher yesterday. • Nasdaq touches record high. U.S. stocks edged higher yesterday with the Dow adding 24 points closing at 19,122, the S&P 500 finished 3 points up at 2,205 and the Nasdaq popped 11 ending at 5,380 touching its record high intraday or 5,404. The […]
Equities and the Economy: • Dow and S&P 500 end four day win streak. • Consolidation/pullback due. U.S. stocks closed lower yesterday with the Dow off 54 points, 0.28%, to 19,098, the S&P 500 closing down 12, 0.53%, at 2,201 and the Nasdaq falling 20 points, 0.56%, to 5,369. Folks, this is overdue. We’ve had […]
Equities and the Economy: • U.S. stocks continue their post-election rally setting new record high on Friday. • Existing home sales soar to a near 10 year high. In a holiday shortened session the Dow closed up 69 points, 0.36%, at 19,152, the S&P 500 added 9, 0.39%, to 2,213 and the Nasdaq finished 18 […]
