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Europe: +44 (0) 207 198 1634 Equities and the economy After two spectacular days U.S. stocks bivouacked with the Dow closing down 23 points at 17,828, the S&P 500 closing flat to Tuesday at 2,090 and the Nasdaq ending at 4,090, up 7 points. All the definition of “chatter.” Considering the big move we had I call this a victory. Even […]
Equities and the economy The bulls beat up on the bears on Tuesday and the bears beat up on the bulls on Wednesday and yesterday they both left the battlefield and went back to their corrals and their caves and licked their wounds. The Dow rose 9 points to 17,720, the S&P 500 closed flat […]
Equities and the economy Yesterday was a nothing day for U.S. stocks with the major indexes closing in different directions. The Dow closed down 35 at 17,706, the S&P 500 eked out a gain of a couple points ending at 2,059 while the more Nasdaq being the best performer of the day closing up 14, […]
Equities and the economy U.S. stocks continued their grind higher yesterday. Well, at least the Dow and S&P 500 did. The Nasdaq actually fell 20 points, 0.40%, to 4,940. But let’s ignore that! Let’s focus on the positive. The Dow gained 49 points, 0.27%, to 18,064 and the S&P 500 climbed 6, 0.31%, to one […]
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 (Today’s Blog will be briefer than normal because I had an early morning meeting) Outstanding! That describes yesterday’s performance for U.S. stocks. The Dow raced higher by 187 points, 1.06%, ending at 17,908, the S&P 500 rose 21, 1.0%, to 2,082 and the Nasdaq added 75, 1.6%, finishing at 4,947. The […]
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 […]
Equities and the economy It was a sedate day on Wall Street yesterday with some profit taking after the recent rally which took the market to 2016 highs. The Dow closed down 56 points, 0.31%, at 17,737, the S&P 500 fell 7, 0.32%, to 2,066 and the Nasdaq was off 23, 0.45%, finishing at 4,892. […]
Equities and the economy A solid jobs report, encouraging data on manufacturing and dovish monetary policy pushed stocks markedly higher on Friday with the Dow closing up 108 points, 0.61%, at 17,793, the S&P 500 adding 13, 0.63%, to 2,073 and the Nasdaq finishing at 4,915, up 45 points, 0.92%. For the week the Dow, […]
