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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. stocks continue to meander. • Volume very low. The major U.S. equity index closed lower yesterday with the Dow falling 37 to 19,800, the S&P 500 off 6 to 2,265 and the Nasdaq closing down a scant 2 points at 5,553. Chatter. Trading volumes are extremely low, not just […]
Equities and the Economy: • Dow ends 5 session skid. • Market remains range bound. After five consecutive losing sessions U.S. stocks finished higher on Friday with the Dow closing up 95 points, 0.48%, the S&P 500 adding 8, 0.34%, ending at 2,271 and the Nasdaq climbing 15 points, 0.28%, ending at 5,555. However, caution […]
Equities and the Economy: • Dow closes lower for 5th consecutive day. • S&P still up 5.8% since November 8th election. U.S. equities fell for a 5th consecutive session yesterday. The Dow closed down 73 points at 19,732, the S&P lost 8 to 2,264 and the Nasdaq settled 16 points lower at 5,540. This is […]
Equities and the Economy: • Caution prevails. • U.S. indexes closed mixed. Caution remained the order of the day with another choppy day for U.S. equities. The Dow closed down 22 points at 19,805 while the S&P 500 and Nasdaq closed 4 and 17 points higher at 2,272 and 5,556, respectively. Over the past month […]
Equities and the Economy: • U.S. stocks on the defensive yesterday on hard Brexit. • Still range bound trading. While you were sleeping Monday night UK Prime Minister Theresa May gave her much anticipated speech regarding the UK leaving the European Union stating Britain is looking for a clean break from the EU. Investors viewed […]
Equities and the Economy: • Dow and S&P 500 fall marginally for the week. Nasdaq up about 1%. • U.S. consumer feeling pretty good. U.S. stocks ended little changed on Friday although the tech heavy Nasdaq continues to be the workhorse. The Dow fell 5 points to 19,886 while the S&P 500 gained 4 […]
Equities and the Economy: • Stocks continue to meander. • Fundamentals look solid. The lumberjack continues working away. Chop. Chop. Chop. That explains the U.S., and even the European, equity markets over the past month. Yesterday it was more of the same with the Dow closing down 63 points at 19,891, the S&P 500 dropping […]
Equities and the Economy: • U.S. bourses close higher. • Market remains choppy and range bound. Chop. Chop. Chop. That describes the equities markets of late, and I’m talking globally, not just U.S. Getting yesterday’s numbers out of the way, the Dow posted a nice gain of 99 points, 0.50%, ending at 19,954, the S&P […]
Equities and the Economy: • Nasdaq closes at record high. • Dow and S&P meandering. The tech heavy Nasdaq closed up 20 points, 0.4%, yesterday at 5,552 marking the 6th consecutive day of gains with the last four at record highs representing the longest stretch of record closes for the index since 1999. Impressive. Enthusiasm […]
Equities and the Economy: • U.S. stocks meander. • Still can’t penetrate Dow 20,000. U.S. stocks chopped around yesterday. While the Dow fell 77 points, 0.38%, ending at 19,887 and the S&P 500 lost 8 points, 0.35%, finishing at 2,269, the Nasdaq posted a small gain of 11 points, 0.19%, closing at 5,532. The market […]
