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Europe: +44 (0) 207 198 1634 Equities and the economy While U.S. stocks posted a lackluster day yesterday with the Dow closing 32 points lower at 17,658, the S&P 500 falling 4 to 2,060 and the Nasdaq eking out a gain of 1 to 4,870, equities performance since the beginning of 2016 has been really interesting. For example, the S&P 500 […]
Equities and the economy U.S. investors continued buying equities yesterday on Janet Yellen’s releasing of the doves (with respect to monetary policy) with the “promise” that the Fed is in no hurry to raise interest rates. The major U.S indexes marked a 3rd day of gains with the Dow closing up 84 points, 0.5%, at […]
Equities and the economy As I expected, with the European markets closed it was a quiet day on Wall Street yesterday. The Dow closed up 20 at 17,535, the S&P 500 rose a single digit to 2,037 while the Nasdaq fell 7 finishing at 4,767. Yesterday about 5.1 billion shared changed hands on U.S. exchanges, […]
Equities and the economy We had a second consecutive day of lackluster trading in equities with the Dow closing up 22 at 17,252 while the S&P 500 and Nasdaq both closed lower. The former 4 to 2,016 and the latter by 22 to 4,729. With the bevy of central bank meetings investors are on hold, […]
Equities and the economy Unsurprising to me, yesterday was a quiet day for U.S. stocks with the Dow closing up 16 at 17,229, the S&P 500 slipping 3 to 2,020 and the Nasdaq inching up 2 points to finish at 4,750. By the way, that Dow close was a new high for the year. I […]
Equities and the Economy It wasn’t much, but it was enough to sustain the rally for a 5th consecutive session, at least for the Dow and S&P 500. The Dow gained 67 points closing at 17,074 and the S&P added 2 to 2,002 (note that recently we’ve been bumping up at the 2,000 resistance level). […]
Equities and the Economy U.S. equities chalked up a third day of gains yesterday with the Dow closing 45 points higher at 16,944, the S&P 500 adding 7 to 1,993 and the Nasdaq ending up 4 points at 4,707. Once again, the price action was positive with the indexes trading negative the first half of […]
Equities and the Economy U.S. stocks took a small step backward yesterday. The Dow fell 123 points, 0.73%, to 16,517, the S&P 500 ended off 16, 0.82%, to 1,932 and the Nasdaq fell 0.71%, 32, to 4,558. Really just a flesh wound. Looking at the indexes from a longer term perspective, which is how most […]
Equities and the Economy Friday was the second consecutive sedate day for U.S. equities with the Dow closing down 21 at 16,392 while the S&P 500 finished exactly at its Thursday close of 1,918 and the Nasdaq managing a gain of 16 to 4,504. That being said, because Tuesday and Wednesday were such great days […]
Equities and the Economy After three days of big gains U.S. equities took the day off yesterday trading on either side of unchanged all day. The Dow fell 41 points to 16,413, the S&P 500 lost 9 to 1,918 and the Nasdaq ended off 46, 1.02%, at 4,488. The latter got hit with the biotechnology […]
