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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow sets yet another record high. • Corporate earnings driving market. Yesterday the Dow catapulted to a new record high closing up a big 168 points, 0.72%, at 23,442 driven by good earnings reports from a couple of its members. The blue-chip index posted its biggest daily percentage gain in […]
Equities and the Economy: • Stocks end 6 session win streak. • Markets bivouacking. U.S. stocks closed lower yesterday snapping their 6 session winning streak. The Dow fell 55 points to 23,274, the S&P 500 lost 10 points ending at 2,565 and the Nasdaq dropped 42 points to 6,587. Momentum was waning and profit taking […]
Equities and the Economy: • Stocks edge higher to post new records. • September FOMC meeting minutes less hawkish. All the main benchmarks closed at new record highs yesterday. The Dow rose 42 points to 22,873, the S&P 500 climbed 5 to 2,555 and the Nasdaq gained 16 finishing at 6,604. There really wasn’t anything […]
Equities and the Economy: • Trump trade at work. • Dow logs 47th record high in 2017. Driven by the optimism tax reform is coming, investors have been buying U.S. equities in record amounts, literally. Yesterday all three of the primary stock indexes gained and all three touched fresh intraday record highs. The Dow rose […]
Equities and the Economy: • Stocks close little changed on light volume. • Nasdaq breaks 9 day rally. Equities closed marginally lower yesterday on very light volume due to the holiday. The Dow fell 13 points to 22,761 and the S&P 500 slipped 5 points to 2,545. The Nasdaq touched an all-time high intraday but […]
Equities and the Economy: • More records! • House passes 2018 budget. U.S. stocks continue to set record highs! Yesterday the Dow posted a hefty gain of 114 points, 0.5%, finishing at its 46th record close at 22,775. The S&P 500 rose even more on a percentage basis, 0.6%, up 14 points to 2,553, it’s […]
Equities and the Economy: • 3rd consecutive closing high for the three major indexes. • ADP releases jobs report for August. While the gains were marginal yesterday they were enough for the three major stock indexes to post new record highs. The Dow rose for the 6th consecutive session adding 20 points to close at […]
Equities and the Economy: • U.S. equities book another round of records. • Fundamental data continues to support. The three major U.S. benchmark stock indexes posted yet another day of record highs. The Dow finished up 84 points at 22,641 marking its 5th consecutive day of gains. The S&P 500 rose 5 points to 2,535 […]
Equities and the Economy: • Equities rally to again set record highs. • Fundamentals continue to be supportive. Four main stock benchmarks set new record highs yesterday. The Dow popped 153 points, 0.7%, finishing at 22,558, the S&P 500 advanced 10 points, 0.4%, ending at 2,529, the Nasdaq tacked on 21 points, 0.3%, to 6,517 […]
Equities and the Economy: • Q2 GDP revised up. • S&P, Nasdaq and Russell post yet another record high. U.S. equities wrapped up last week, the month and quarter on a high note with the S&P 500, Nasdaq and Russell 2000 hitting all-time highs on Friday. The S&P gained 9 points to 2,519 closing at […]
