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Europe: +44 (0) 207 198 1634 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 […]
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 […]
Equities and the Economy: • The “risk on” play continues. • Dow hits a new record high for second consecutive day. U.S. stocks closed higher yesterday with the Dow gaining 36 points ending at 19,252, a new record high, the S&P 500 closed up 8 at 2,212 just one point shy of its record high […]
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. […]
Equities and the Economy: • All three major indexes close at new record highs! U.S. equities closed higher at fresh records yesterday giving the three major indexes their third simultaneous all-time closing highs this year. The Dow closed 89 points higher, 0.47%, at 18,957, the S&P 500 rose 16, 0.75%, to end at 2,198 and […]
Equities and the Economy: • Dow closes up 36 points at 18,903, 20 points shy of record high. • S&P 500 added 10 to 2,187, just 3 points shy of record high. • Nasdaq finishes up 39 points, at 5,334, 6 points shy of record high. • U.S. dollar hits its strongest level in 14 […]
Equities and the Economy: Consolidation was the name of the game yesterday for U.S. stocks. The Dow closed down 55 points, 0.3%, at 18,868 snapping a 7 day win streak. The financial sector, i.e. big banks, were the losers on the day falling 2% pulling the index down. This was just profit taking for that […]
Equities and the Economy: Yesterday the Dow clawed back from biding in the red intraday to close at a new record high. The blue chip index rose 54 points, 0.3%, closing at 18,923. The S&P 500 finished up 16 points, 0.8%, at 2,180 led by a 2.7% jump in energy stocks with oil popping. The […]
Equities and the Economy: Yesterday U.S. stocks closed mostly flat to Friday with the Dow posting a 22 points gain to 18,869, the S&P 500 closed flat to Friday at 2,164 while the Nasdaq lost 19 points ending at 5,218. Of note, the Dow closed at another record high. The Dow has performed phenomenally recently […]
Equities and the Economy: U.S. equities rose for a 5th consecutive session on Friday with the Dow climbing 40 points, 0.2%, to 18,848. The S&P 500 and Nasdaq also rose with the former ending up 3 points at 2,164 and the latter adding 28 points, 0.5%, to 5,237. Friday’s gains pushed the Dow to another […]
