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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning. U.S. equities closed mildly lower yesterday with the Dow closing down 42 points at 17,581, the S&P 500 down 5 to 2,066 and the Nasdaq falling 5 to 5,030. Chatter. Fundamentally, the Conference Board reported yesterday its index of consumer confidence fell from a downwardly revised 102.6 in September […]
Equities and the Economy Good morning. It was a subdued day of trading yesterday with the Dow closing down 24 points at 17,623, the S&P 500 falling 4 to 2,071 and the Nasdaq actually climbing 3 to 5,035. The combination of big gains last Tuesday and Friday and the two day FOMC meeting, which begins […]
Equities and the Economy Good morning. U.S. stocks booked a fourth consecutive week of gains last Friday with the Dow popping 158 points, 0.9%, to 17,647, the S&P 500 adding 22, 1.10%, to 2,075 and the Nasdaq going apogee skyrocketing 2.28%, 112 points, to 5,032. There were two major events during the week supporting global […]
Equities and the Economy It was a sea of green yesterday with all the major stock indexes rallying strongly. The Dow gained a huge 320 points, 1.87%, ending at 17,489, the S&P 500 added 34, 1.69%, to 2,053 and the Nasdaq an even 80 points, 1.65%, finishing at 4,920. As Jim Cramer would say, “Booyah!” […]
Equities and the Economy Good morning. U.S. equities meandered all day, mostly mildly negative, but literally in the last 5 minutes buying came in pushing stocks very marginally into the green. The Dow closed up 15 at 17,231, the S&P 500 added a single digit to 2,034 and the Nasdaq performed the best up 19 […]
Equities and the Economy Good morning. Although it was a sleepy Friday, U.S. stocks managed to post a third consecutive week of gains with the Dow adding 74 points, 0.43%, to 17,216, the S&P 500 up 9, 0.45%, to 2,033 and the Nasdaq rising 17, 0.35%, to 4,887. It was so sedate the S&P traded […]
Equities and the Economy Good morning. U.S equities snapped their seven day winning streak with the Dow and S&P 500 finishing marginally lower. The former fell 50 points to 17,082 and the latter 14 to 2,003 (but importantly above support of 2,000). The Nasdaq took it on the chin, however, falling 42 points, 0.87%, to […]
Equities and the Economy Just like Columbus discovering America (ok, I know that’s debatable), U.S. equities discovered a way to finish for a higher for a 7th consecutive session despite both the banks and bond market being closed. After climbing more than 600 points last week, or nearly 4%, investors resumed their buying yesterday. The […]
Equities and the Economy It was a choppy session Friday but U.S. managed to eke out gains with the Dow closing up 34 points at 17,084, the S&P 500 up 1 to 2,105 and the Nasdaq performing the best adding 20 points to 4,830. It was a very, very good week amigos! The S&P logged […]
Equities and the Economy After a ten day wild roller coaster ride U.S. equities took the day off yesterday with all the major indexes not doing much. While the Dow closed 14 points higher at 16,790, the S&P 500 and Nasdaq closed lower. The former lost 7 points ending at 1,980 and the latter fell […]
