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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow snaps eight day losing streak. • Consumer confidence and home sales drive equities. After closing lower for 8 straight sessions the Dow had a big up day yesterday rising 150 points, 0.73%, ending at 20,702. The S&P 500 and Nasdaq had good days too with the former closing up […]
Equities and the Economy: • Another muted day on Friday. • Major indexes post marginal gains for the week. The U.S. equities market treaded water the last two days of last week. On Friday the Dow fell 20 points to 20,915, the S&P 500 lost 3 ending at 2,378 and the Nasdaq closed flat to […]
Equities and the economy Brexit. What Brexit?! Yesterday European and U.S. stocks posted a second consecutive day of super gains with the Dow climbing 285 points, 1.64%, to 17,695, the S&P 500 rose 35 points, 1.70%, ending at 2,071 and the Nasdaq finished up 1.86%, 87 points, at 4,779. Over the last two days the […]
Equities and the economy Investors had the weekend to think about Brexit, and their opinion didn’t change from Friday. They don’t like it. Not at all. Yesterday the Dow closed down 261 points, 1.50%, finishing at 17,140, and that was after an intraday rally from 77 points lower. The S&P 500 lost 37 points, 1.81%, […]
Equities and the economy Crazy day yesterday. U.S. equities opened lower and it looked like we were going to have a 6th consecutive day of losses but around noon eastern time the Dow tuned positive on the day and continued to rally into the close turning a bad day into a good one. The Dow […]
Good morning. The S&P 500 rose to 10 points to 2,007 on Friday to a new record as investors shrugged off a weak August jobs report. The Dow gained 68 to 17,137, just shy of its July 16th record, and the Nasdaq climbed 21 to 4,583. Refreshing your memory, Friday morning the Labor Department released […]
