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Europe: +44 (0) 207 198 1634 Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Equities and the Economy: Wow! Whoo-hoo! Huge day yesterday! The Dow jumped a big 371 points, 2.1%, to finish at 18,259, the S&P 500 popped 46 points, 2.2%, ending at 2,132 and the Nasdaq rose a hefty 120 points, 2.4%, to 5,166. The move yesterday was all about the election and the belief that with […]
Equities and the Economy: Friday marked the 9th consecutive session the S&P 500 has closed lower. This is the longest losing streak since December 1980. However, the total loss has only been 3.1% over the period and the S&P is only off 5% from record highs in August. Hardly anything to get excited about. The […]
Equities and the Economy: Yesterday was a sea of red for U.S. stocks with the Dow closing down 77 points, 0.4%, at 17,960, the S&P 500 ended off 14, 0.7%, finishing at 2,098 and the Nasdaq fell 48 points, 0.9%, at 5,106. It’s been a grind down of late with the S&P posting its 7th […]
Equities and the Economy: We actually saw some movement in U.S. stocks yesterday, but, unfortunately, it wasn’t the movement we like. The Dow lost 105 points, 0.58%, to end at 18,037, the S&P 500 fell 14, 0.68%, to 2,112 and the Nasdaq closed down 36 points, 0.69%, at 5,154. Here are some not-so-good statistics. Yesterday […]
Equities and the Economy: More of the same yesterday. Nothing. The Dow closed down 19 at 18,142, the S&P 500 closed flat to Friday at 2,126 and the Nasdaq fell a single digit to 5,189. It really does look like investors want to get the election behind them before making any material investment decisions. Yesterday […]
Equities and the Economy: More of the same, which is nothing. On Friday the Dow closed down 8 at 18,161, the S&P 500 lost 7 to 2,126 and the more volatile Nasdaq ended 36 points lower at 5,190. As has been the trend lately, stocks traded lower intraday with the Dow down as much […]
Equities and the Economy: Booooring. Directionless. That’s what this market is. Although U.S. stocks closed lower yesterday it was really just another choppy day. The Dow finished 30 points off at 18,170, the S&P 500 fell 6 to 2,133 and the Nasdaq ended down 34 at 5,216. It really does seems as if investors are […]
Equities and the Economy: Yet another choppy day for U.S. equities. The Dow rose 30 points closing at 18,199 but the other two major bourses, the S&P 500 and Nasdaq, fell 4 and 33 points, respectively with the former ending at 2,139 and the latter at 5,250. The Dow’s performance was noteworthy because the index […]
