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Europe: +44 (0) 207 198 1634 Equities and the economy Just as I write that volatility has been low and we haven’t had a move greater than 1% in a month stocks go bonkers yesterday with all three major U.S. equity indexes closing up over 1%. It was a very, very good day for your 401K. The Dow popped a hefty […]
Equities and the economy Yesterday was a nothing day for U.S. stocks with the major indexes closing in different directions. The Dow closed down 35 at 17,706, the S&P 500 eked out a gain of a couple points ending at 2,059 while the more Nasdaq being the best performer of the day closing up 14, […]
Equities and the economy U.S. stocks rebounded from early losses on Friday to close higher with the Dow ending up 80 points, 0.45%, at 17,741, the S&P 500 adding 7, 0.32%, to 2,057 and the Nasdaq closing at 4,736, up 19, 0.4%. The major event Friday was the Labor Department jobs report which showed the […]
Equities and the economy Although there was some intraday volatility U.S. equities did what I expected and mentioned in my Blog yesterday which was that stocks would close little changed from Wednesday as investors waited for today’s Labor Department employment report. The Dow closed up 9 at 17,661, the S&P 500 closed flat to Wednesday […]
Equities and the economy Boy does it feel like “sell in May and go away.” U.S. equities closed lower yesterday with the Dow off 100 points, 0.6%, to 17,651, the S&P 500 lost 12 points, also 0.6%, to 2,051 and the Nasdaq dropped 38 points, 0.8%, to 4,726. Once again though, and this is a […]
Equities and the economy It was not a good day for U.S. stocks yesterday with the major indexes falling to three week lows. The Dow fell 140 points, 0.8%, to 17,751, the S&P 500 lost 18, 0.9%, to 2,063 and the Nasdaq closed down 54 points, 1.1%, at 4,763 with the latter having only one […]
Equities and the economy U.S. stocks closed out April on a weak note with the Dow closing down 57 points, 0.32%, at 17,774, the S&P 500 off 11 points, 0.51%, to 2,065 and the Nasdaq falling 30, 0.62%, finishing at 4,775. However, the Dow and S&P clung on to monthly gains, 0.5% and 0.3%, respectively, […]
Equities and the economy Not a good day for equities yesterday. Not at all. Specifically, it was the worst day in the last two months. The Dow lost 211 points, 1.2%, finishing at 17,831, the S&P 500 fell 19 points, 0.9%, to 2,076 and the Nasdaq dropped 58, 1.2%, to close at 4,805. Some blame […]
Equities and the economy For the third consecutive day it was a mixed bag for stocks with the Dow and S&P 500 rising 51 and 3 points, respectively and the Nasdaq closing down 25. It was another day where stocks began the day weak and closed marginally better. For example, in early trading the S&P […]
Equities and the economy For a second consecutive session U.S. equities price movement was muted with the Dow closing up 13 points at 17,990, the S&P 500 finishing 4 points higher at 2,091 while the Nasdaq posted a loss of 8 points ending at 4,888. Chatter. Investors are pausing right now being that we’re up […]
