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Archive for the ‘Saudi Arabia’ Category

Morning Energy Blog – October 27, 2017

Equities and the Economy: • Equities rebound. • Strong corporate earnings reports. After suffering their biggest daily decline in 7 weeks, the Dow and S&P 500 rebounded, however, the Nasdaq edged lower. The Dow posted a 71 point gain to 23,401 and the S&P 500 added 3 points to 2,560, but the Nasdaq slipped 7 […]

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Morning Energy Blog – October 25, 2017

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 […]

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Morning Energy Blog – October 24, 2017

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 […]

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Morning Energy Blog – October 11, 2017

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 […]

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Morning Energy Blog – October 10, 2017

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 […]

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Morning Energy Blog – October 6, 2017

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 […]

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Morning Energy Blog – October 4, 2017

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 […]

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Morning Energy Blog – October 3, 2017

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 […]

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Morning Energy Blog – September 25, 2017

Equities and the Economy: • U.S. stocks end little changed. • Russell 2000 closes at record high. The three major U.S. stock indexes ended little changed on Friday. The Dow settled 10 points lower at 6,427, the S&P 500 ended 2 points up at 2,502 and the Nasdaq closed 4 points higher at 6,427. Weekly […]

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Morning Energy Blog – September 22, 2017

Equities and the Economy: • Stocks snap 9 day win streak. • Investors see little reason to buy. U.S. stocks closed marginally lower yesterday. Although the Dow traded at a new intraday high at 22,420 it couldn’t hold the gains and closed down 53 points at 22,359. The S&P 500 slipped 8 points finishing at […]

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