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Europe: +44 (0) 207 198 1634 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: • 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: • 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 […]
Equities and the Economy: • U.S. stocks close marginally down on Friday. Dow down 36, S&P 500 off 5 and Nasdaq lost 12. • All three indexes posted gains for the week. • All three indexes still about ½% off record highs. U.S. equities closed slightly lower on Friday with the Dow falling 36 points, […]
Equities and the Economy: • Dow closes up 36 points at 18,903, 20 points shy of record high. • S&P 500 added 10 to 2,187, just 3 points shy of record high. • Nasdaq finishes up 39 points, at 5,334, 6 points shy of record high. • U.S. dollar hits its strongest level in 14 […]
Equities and the Economy: Yesterday U.S. stocks closed mostly flat to Friday with the Dow posting a 22 points gain to 18,869, the S&P 500 closed flat to Friday at 2,164 while the Nasdaq lost 19 points ending at 5,218. Of note, the Dow closed at another record high. The Dow has performed phenomenally recently […]
Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Equities and the Economy: Wow! Whoo-hoo! Huge day yesterday! The Dow jumped a big 371 points, 2.1%, to finish at 18,259, the S&P 500 popped 46 points, 2.2%, ending at 2,132 and the Nasdaq rose a hefty 120 points, 2.4%, to 5,166. The move yesterday was all about the election and the belief that with […]
