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Archive for the ‘Saudi Arabia’ Category

Morning Energy Blog – January 23, 2017

Equities and the Economy: • Dow ends 5 session skid. • Market remains range bound. After five consecutive losing sessions U.S. stocks finished higher on Friday with the Dow closing up 95 points, 0.48%, the S&P 500 adding 8, 0.34%, ending at 2,271 and the Nasdaq climbing 15 points, 0.28%, ending at 5,555. However, caution […]

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Morning Energy Blog – January 20, 2017

Equities and the Economy: • Dow closes lower for 5th consecutive day. • S&P still up 5.8% since November 8th election. U.S. equities fell for a 5th consecutive session yesterday. The Dow closed down 73 points at 19,732, the S&P lost 8 to 2,264 and the Nasdaq settled 16 points lower at 5,540. This is […]

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Morning Energy Blog – January 13, 2017

Equities and the Economy: • Stocks continue to meander. • Fundamentals look solid. The lumberjack continues working away. Chop. Chop. Chop. That explains the U.S., and even the European, equity markets over the past month. Yesterday it was more of the same with the Dow closing down 63 points at 19,891, the S&P 500 dropping […]

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Morning Energy Blog – January 4, 2017

Equities and the Economy: • U.S. stocks begin 2017 in the green. • Dow still looking to break 20,000. U.S. stocks began 2017 on a positive note with the Dow closing up 119 points, 0.6%, at 19,882, the S&P 500 climbing 19 points, 0.9%, to 2,258 and the Nasdaq finishing at 5,429, up 46, 0.9%. […]

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Morning Energy Blog – January 3, 2017

Equities and the Economy: • U.S. stocks fell Friday on profit taking. • All three major indexes post nice gains for 2016. U.S. stocks finished the year on a mild down note with the Dow losing 57 ending at 19,762, the S&P 500 falling 10 points to 2,239 and the Nasdaq ended down 49 points […]

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Morning Energy Blog – December 13, 2016

Equities and the Economy: • U.S. equities close mixed. • Dow logs yet another record high. U.S. stocks meandered with little direction yesterday. When the final bell rang the Dow posted another record high rising 40 points, 0.2%, closing at 19,796, the S&P 500 and Nasdaq finished lower with the former falling 3 points ending […]

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Morning Energy Blog – December 12, 2016

Equities and the Economy: • Dow and S&P 500 once again finish at record highs. • S&P and Dow has best winning streak since June 2014. As Buzz Lightyear would say, “To infinity and beyond!” which is characterizing the U.S. stock market. On Friday the S&P and Dow closed at another record high with the […]

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Morning Energy Blog – December 5, 2016

Equities and the Economy: • Friday’s Labor Department’s employment report for November takes unemployment rate to 4.6%, lowest rate since August 2007. • After hitting a record high on Thursday, Dow closes marginally lower, S&P 500 and Nasdaq end slightly higher. Following the release of the Labor Department’s employment for November in the morning U.S. […]

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Morning Energy Blog – December 2, 2016

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 […]

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Morning Energy Blog – November 30, 2016

Equities and the Economy: • U.S. equities close marginally higher yesterday. • Nasdaq touches record high. U.S. stocks edged higher yesterday with the Dow adding 24 points closing at 19,122, the S&P 500 finished 3 points up at 2,205 and the Nasdaq popped 11 ending at 5,380 touching its record high intraday or 5,404. The […]

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