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Europe: +44 (0) 207 198 1634 Equities and the Economy: Yesterday was another day of muted, consolidated trading. After hitting a 2 week high on Monday, the Dow fell 54 points to 18,169, the S&P 500 ended off 8 at 2,143 and the Nasdaq lost 26 to 5,283. If we must point to something let’s point to the Conference Board’s Consumer […]
Equities and the Economy: Friday continued the consolidation we’ve been in lately with the Dow closing down 17 points at 18,146, the S&P 500 literally closing flat to Thursday at 2,141 and the Nasdaq notching a small gain of 16 finishing at 5,257. Another reason for a lack of movement was there were no significant […]
Equities and the Economy: For a second consecutive session U.S. equities closed higher yesterday. The Dow closed up 41 at 18,203, the S&P 500 rose 5 to 2,144 and the Nasdaq added 3 to 5,246. A combination of rising oil prices and earnings releases supported the market. The former will be discussed below. With respect […]
Equities and the Economy: Aided by stronger than expected earnings U.S. stocks closed higher yesterday. After reaching a session high of 139 points the Dow settled back but still closed nicely in the green up 76 points, 0.42%, at 18,162. The S&P 500 added 13, 0.62%, ending at 2,140 and the Nasdaq rose 0.85%, 44 […]
Equities and the Economy: U.S. equities ended modestly lower yesterday with the Dow off 52 points to 18,086, the S&P falling 6 to 2,127 and the Nasdaq down 14 finishing at 5,200. Chatter. If we must “blame” something let’s blame oil prices for they were marginally lower on the day. Giving you a status report […]
Equities and the Economy: U.S. stocks closed higher yesterday driven up by higher oil prices. The latter on Russian President Vladimir Putin’s comments that Russia is willing to join in on plans to curb crude oil production. The stronger oil market guided other commodities as well further bolstering equities. Commodities across the board were higher. […]
Equities and the Economy: Boy has this market been choppy lately. One day up. One day down. Yesterday was the former. The Dow closed up 113, 0.62%, at 18,281, the S&P 500 gained 9, 0.43%, finishing at 2,160 and the Nasdaq rose 26, 0.50%, to 5,316. As I mentioned previously, this market has been range […]
Equities and the Economy: U.S equities began the quarter on a slightly sour note. The Dow fell 54 points to 18,253, the S&P 500 lost 7 ending at 2,161 and the Nasdaq closed down 11 at 5,301. It could have been worse. The Dow was down as much as 104 intraday. Let’s call it a […]
Equities and the Economy: My apologies but this is going to be a brief Morning Energy Blog for I’ve been in meetings all morning. It was a good day for U.S. equities yesterday with the Dow closing up 85 to 18,312, the S&P 500 rising 7 to 2,167 and the Nasdaq advancing 3 points to […]
Equities and the Economy: Well it appears investors liked the results of the first presidential debate, and oh, maybe a number of stronger than expected economic reports just may have helped as well. Yesterday the Dow popped 133 points, 0.73%, finishing at 18,228, the S&P 500 rose 14, 0.64%, to 2,160 and the Nasdaq added […]
