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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. Call it a late year rally. Call it a holiday rally. Call it whatever you want. But call it good. Yesterday the Dow posted a super day rising a big 248 points, 1.42%, closing at 17,737, the S&P 500 rose 34 points, 1.64%, to 2.084 and the Nasdaq was […]
Equities and the Economy Friday was not a good day for our 401K’s folks. The Dow lost a material 203 points, 1.16%, ending at 17,245, the S&P 500 fell 23, 1.12%, to 2,023 and the more volatile Nasdaq was the laggard closing down 1.54%, 77 points, at 4,928. The S&P marked a 7th loss out […]
Equities and the Economy Good morning. It was an ugly day for U.S. stocks yesterday. The Dow fell 254 points, 1.44%, ending at 17,448, the S&P was off 29, 1.40%, to 2,046 and the Nasdaq closed down 62, 1.22%, at 5,005. The S&P closed lower for the 6th time in 7 sessions. As I’ve been […]
Equities and the Economy As I suspected, with it being Veteran’s Day yesterday and the bond market and banks closed, U.S. equities really didn’t do much. Trading was directionless and when the final bell rang the Dow was off 56 at 17,702, the S&P 500 closed down 7 at 2,075 and the Nasdaq fell 16 […]
Equities and the Economy As I suspected, U.S. equities did nothing yesterday closing ever so marginally lower with investors waiting for today’s Labor Department’s Employment Situation report for October. The Dow fell a meaningless 5 points to 17,863, the S&P 500 closed down an also meaningless 2 to and even 2,100 and the Nasdaq lost […]
Equities and the Economy I apologize for the delay. Numerous important meetings this morning. U.S. stocks closed sharply higher in a volatile session yesterday with the Dow rising a sweet 198 points, 1.13%, to 17,780, the S&P 500 adding 24 points, 1.18%, to 2,090 and the Nasdaq climbed 66 points, 1.3%, to 5,096. Of note, […]
Equities and the Economy Good morning. U.S. equities closed mildly lower yesterday with the Dow closing down 42 points at 17,581, the S&P 500 down 5 to 2,066 and the Nasdaq falling 5 to 5,030. Chatter. Fundamentally, the Conference Board reported yesterday its index of consumer confidence fell from a downwardly revised 102.6 in September […]
Equites and the Economy Good morning. Excellent, excellent, excellent day yesterday! The Dow rose a whopping 217 point, 1.28%, finishing at 17,142, the S&P 500 added a very material 30 points, 1.49%, closing above the big psychological 2000 figure at 2,024 and the Nasdaq rose a huge 87 points, a big 1.82%, at 4,870. Yesterday’s […]
Equities and the Economy It was a choppy session Friday but U.S. managed to eke out gains with the Dow closing up 34 points at 17,084, the S&P 500 up 1 to 2,105 and the Nasdaq performing the best adding 20 points to 4,830. It was a very, very good week amigos! The S&P logged […]
Equities and the Economy Good morning. U.S. equities continued their recent surge higher yesterday this time getting a boost from the minutes from the Federal Reserve’s September meeting which were released yesterday. The Dow gained a very nice 138 points, 0.8%, finishing at 17,051, the S&P 5000 added 18, 0.9%, to 2,013 and the Nasdaq […]
