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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow ends 5 session advance. • Equities moving on tax bill news. The Dow broke its 5 session, 4 record high advance yesterday closing down 77 points at 24,509. The S&P 500 fell 11 points, 0.41%, to 2,652 and posting its largest daily percentage drop since November 15th. Don’t panic […]
Equities and the Economy: • Profit taking continues. • S&P falls for third consecutive session. The bulls continue to be frustrated with a lack of new buying. The S&P 500 fell for its third straight session closing down 7 points at 2,631 and the Dow lost 87 points to 24,201. That being said, the two […]
Equities and the Economy: • Stocks end slightly lower. • Rotation out of tech continues. U.S. equities ended lower on Friday on the news surrounding former national security advisor Michael Flynn pleading guilty to lying to the FBI adding an element of political uncertainty into the markets. On the day the Dow lost 41 points […]
Equities and the Economy: • Dow and S&P close at record high. • Dow closes above 24,000 for first time. It was a stellar day for stocks yesterday. The Dow skyrocketed gaining a whopping 332 points, 1.39%, closing above 24,000 for the first time at 24,272 and logging its largest single day gain since March. […]
Equities and the Economy: • Dow closes at record. • Nasdaq has its worst day in 3 months. After closing at new record highs on Tuesday it was a bifurcated day yesterday for stocks. The 30 stock blue-chip Dow had a great day closing up 104 points, 0.4%, at yet another record high at 23,942 […]
Equities and the Economy: • Stocks again close at record highs. • Dow has biggest daily gain in 3 months. Buoyed by continued progress on tax reform, investors came out yesterday clicking the “buy” button sending the 3 major U.S. equity benchmarks to record highs, again. The Dow popped a huge 226 points, 1.1%, to […]
Equities and the Economy: • S&P and Nasdaq close at all-time highs. • Three major indexes post first weekly gain in three weeks. Although the equity markets closed early on Friday at 1 PM EST and trading was understandably very light, the three major U.S. indexes managed to all posted gains with the S&P 500 […]
Equities and the Economy: • Another record high for the Dow. • House Republicans unveil tax cut bill. The Dow yesterday rallied 81 points to close at a new record high of 23,516. This is the 55th record closing high for the blue-chip index this year. Absolutely amazing! The S&P 500 closed flat to Wednesday […]
Equities and the Economy: • U.S. stocks have worst day in 2 months. • Corporate earnings disappoint. I have something new to report. Stocks fell yesterday. Lately we’ve been like very spoiled children for day after day the major U.S. stock indexes have risen, if not set new record highs. No markets go straight up […]
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 […]
