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Europe: +44 (0) 207 198 1634 Equities and the Economy: The Dow ended its losing streak yesterday by climbing 41 points and closing at 18,355. Even though the losing streak was 7 consecutive sessions, the retreat equated to only 1.4% so the damage was minimal. A “flesh wound” by the Black Knight’s standards. The S&P 500 chalked up a gain of […]
Equities and the Economy: Yesterday was yet another soggy day for U.S. equities with the Dow falling for the 4th consecutive session closing down 16 points at 18,456, the S&P 500 up 3 to 2,170 and the Nasdaq finishing 15 points higher at 5,155. After posting a sharp rally in June and early July the […]
Equities and the Economy: It was, as Yogi Berra said, “déjà vu all over again” on Wall Street yesterday with the Dow and S&P 500 pretty much closing flat to Tuesday’s closing numbers and the Nasdaq rising. The Dow lost 2 points to 18,472 and the S&P fell 3 points to 2,167. Total chatter. The […]
Equities and the Economy: The Dow and S&P 500 were lackluster yesterday with the former off 19 points to 18,474 and the latter up a single point to 2,169 but the Nasdaq got a nice pop, thanks to Apple, rising 12 points, 0.24%, to 5,110 and at a new 2016 high. The “fruit” company posted […]
Equities and the Economy I should travel more often. I’m out of the office and stocks rally. Yesterday was my second full day in the office in two weeks and equities fall. Yesterday the Dow fell 78 points, 0.4%, closing at 18,493, the S&P 500 lost 7 points, 0.3%, ending at 2,168 and the Nasdaq […]
Equities and the Economy: I’ve been out of the office travelling on business for the last four business days and based upon what the stock market has done, I should travel more. Last week both the S&P 500 and Dow set new record highs and the Nasdaq closed at a 2016 high. On Friday the […]
Equities and the Economy For a change, U.S. stocks were pretty quiet yesterday closing mixed. While the Dow and S&P had marginal losses, 23 points to 17,986 and 2 points 2,098, respectively, the Nasdaq had a decent day rising 18 points ending at 4,877. It could have been worse for the Dow was down 100 […]
Equities and the economy Investors and traders must have overloaded on hamburgers, hot dogs and BBQ on July 4th because they had no appetite for risk yesterday selling equities in Europe and the U.S. breaking a 4 session rally. The Dow fell 109 points, 0.61%, closing at 17,841, the S&P 500 500 lost 14 points, […]
Equities and the economy On Friday U.S. stocks booked a 4th consecutive gain with the Dow adding 19 points to 17,949, the S&P 500 gaining 4 to 2,103 and the Nasdaq rising 20 points to 4,863. The Dow came within a whisker of its pre-Brexit close of 18,011 before retreating in the afternoon. The S&P […]
Equities and the economy Brexit??? More like Brexwhat! U.S. stocks continued higher for the third consecutive day with the Dow popping 235 points, 1.33%, to 17,930, the S&P 500 gaining 28 points, 1.36%, ending at 2,099 and the Nasdaq rising 63, 1.33%, to 4,843. We just had the best 3 day gain in stocks since […]
