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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. major indexes hit record highs. • Economic data good. All three major U.S. stock indexes booked all-time closing highs yesterday as investors unwound the “fear trade” they had on because of Irma and North Korea loading up on riskier assets, which stocks are. The Dow rose 61 points finishing […]
Equities and the Economy: U.S. stocks log biggest gain in months. S&P 500 sets new record high. Although Irma knocked out power to over 6.5 million Floridians, damage appears to be less than was expected on Friday and with no North Korean missile test over the weekend it was “risk on” globally yesterday, and that […]
Equities and the Economy: • U.S. stocks closed mixed. • Post small loss for the week. Investors stayed on the sidelines on Friday waiting to see what Irma’s impact would be as well as whether North Korea was going to fire another missile. The Dow eked out a small gain of 13 points to finish […]
Equities and the Economy: • Equities end little changed. • U.S. dollar hitting 2.5 year lows. U.S. stocks ended little changed yesterday with the Dow closing down 23 points at 21,785, the S&P 500 finishing flat to Wednesday at 2,465 and the Nasdaq posting a slight gain of 5 points to 6,397. Investors are keying […]
Equities and the Economy: • Stocks post modest gains. • Economic data mixed. U.S. equities logged modest gains yesterday with the Dow climbing 54 points to 21,808, the S&P 500 adding 8 to 2,466 and the Nasdaq tacked on 18 points to end at 6,393. There were quite a few economic reports released yesterday and […]
Equities and the Economy: • North Korea giving investors jitters. • S&P snaps 6 day win streak. After 4 straight days of gains the Dow lost a hefty 234 points, 1.1%, yesterday to finish at 21,753. The S&P 500 snapped a 6 day win streak shedding 87 points, 0.8%, to 2,458 and the Nasdaq dropped […]
Equities and the Economy: • Stocks close higher on Friday. • All three major indexes post weekly gains. U.S. equities ended the week on a positive note with the Dow closing 39 points higher at 21,988, the S&P 500 gaining 5 points to 2,477 and the Nasdaq adding 7 points to finish at 6,435. It […]
Equities and the Economy: Nasdaq finishes at new record high. Main indexes post 5th consecutive monthly gain. U.S. equities ground higher yesterday with the Dow closing up 60 points closing at 21,952 and the S&P 500 adding 14 points finishing at 2,472. The Nasdaq gets all of the attention though with its gain of a […]
Equities and the Economy: U.S. stocks rise on positive economic reports. Q3 GDP revised higher. On a couple of economic reports yesterday U.S. stocks posted gains with the Dow closing up 15 points to 21,880, the S&P 500 gained 10 points finishing at 2,457 and the Nasdaq popped a nice 64 points, 1.02%, ending at […]
Equities and the Economy: Dow posts best intraday comeback in 9 months. Overall equities little changed. Early yesterday morning it was looking really grim. On the heels of North Korea launching a missile over mainland Japan, a not unprecedented but definitely provocative move, investors came in selling hard taking the Dow down about 135 points […]
