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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow and S&P 500 end four day win streak. • Consolidation/pullback due. U.S. stocks closed lower yesterday with the Dow off 54 points, 0.28%, to 19,098, the S&P 500 closing down 12, 0.53%, at 2,201 and the Nasdaq falling 20 points, 0.56%, to 5,369. Folks, this is overdue. We’ve had […]
Equities and the Economy: • U.S. stocks continue their post-election rally setting new record high on Friday. • Existing home sales soar to a near 10 year high. In a holiday shortened session the Dow closed up 69 points, 0.36%, at 19,152, the S&P 500 added 9, 0.39%, to 2,213 and the Nasdaq finished 18 […]
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: • U.S. stocks close marginally down on Friday. Dow down 36, S&P 500 off 5 and Nasdaq lost 12. • All three indexes posted gains for the week. • All three indexes still about ½% off record highs. U.S. equities closed slightly lower on Friday with the Dow falling 36 points, […]
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 […]
Total amount of natural gas in storage in the US has now surpassed the previous record, which was set in November 2015. With the storage level expected to rise and winter on its way, will natural gas prices continue to stay at record lows? Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working […]
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 […]
