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Europe: +44 (0) 207 198 1634 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 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 closed marginally higher yesterday, but in my opinion it was quite a positive performance. The reasoning is after coming off a huge up day on Tuesday stocks didn’t pull back, even after trading slightly in the red for most of the day. That’s called good price action. For the […]
Equities and the Economy After a three day hot streak the dice came up 7 and U.S. stocks crapped out with the Dow losing 189 points, 1.14%, ending at 16,432, the S&P 500 fell 25 points, 1.26%, to 1,921 and the Nasdaq closed down 67, 1.46%, at 4,504. I bet you can guess what’s being […]
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 […]
Equities and the Economy Whoo-hoo! Yesterday we had our first three day win streak in 2016, and biggest three day gain since August, with all the major indexes materially rising helped by stronger oil prices and some encouraging economic news. The Dow screamed higher by a big 258 points, 1.59%, to 16,454, the S&P 500 […]
Equities and the Economy Equities roared strong for a second consecutive session adding to last Friday’s gains. The Dow popped a big 223 points, 1.39%, and back over 16,000 to 16,196. The S&P jumped 31, 1.65%, to 1,896 and the Nasdaq was the big winner rising a whopping 2.27%, 98 points, to 4,435. I like […]
Equities and the Economy The stock market was closed yesterday so let’s recap what happened Friday. Bottom line, it was outstanding! U.S. stocks snapped a five day losing streak logging their largest daily gains of the month led by financial and energy shares. The Dow closed up a big 314 points, an even 2%, at […]
Equities and Economy Stocks tumbled yesterday as the Dow fell for the 5th consecutive day closing down 255 points, 1.60%, at 15,660. The S&P 500 lost 23, 1.23%, to 1,829. The Nasdaq fared the best closing down only 0.39%, at 4,267. It could have been, oh, so much worse. At 2:37 EST the Dow was […]
