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Europe: +44 (0) 207 198 1634 Equities and the Economy Investors had the weekend to digest Friday’s OPEC meeting results and came out yesterday pounding the energy sector. No, pounding is not the word. Annihilation is more appropriate. Yesterday we returned to the theme of oil prices driving equity prices, which we didn’t have last Thursday when the stocks fell. The […]
Equities and the Economy Schizophrenic. That’s the only way to describe the action in the U.S. equity markets. On Thursday we had the worst day in 3 months with the Dow losing 252 points, 1.42%, and on Friday we have the best day in 3 months with the Dow posting a gain of a whopping […]
Equities and the Economy As stated in my blog yesterday, Tuesday was a tough day on Wall Street. Yesterday was a bloodbath. U.S. stocks sold off with the Dow closing down 252 points, 1.42%, at 17,478, the S&P 500 fell 30, 1.42%, to 2,050 and the Nasdaq was the big loser closing down 1.66%, 85 […]
Equities and the Economy It was a tough day on Wall Street yesterday with the Dow falling 158 points, 0.89%, closing at 17,730, the S&P 500 down 23, 1.08%, to 2,080 and the Nasdaq fell 33, 0.65%, finishing at 5,123. You can blame the energy sector for dragging the indexes lower, specifically oil prices which […]
Equities and the Economy After a few lackluster sessions U.S. equities jumped nicely yesterday with the Dow gaining 168 points, 0.85%, ending at 17,888, the S&P 500, the winner for the day, climbed 23 points, 1.09%, to 2,103 and the Nasdaq added 47, 0.93%, to 5,156. The S&P closed above 2,100 for the first time […]
Equities and the Economy U.S. equities closed modestly lower yesterday with the Dow falling 79 points, 0.4%, to 17,720, the S&P 500 losing 10 points, 0.5%, and the Nasdaq closing down 19, 0.4%, at 5,209. The consumer discretionary sector, which includes companies like Macy’s, Kohl’s, Wal-Mart and Target, were the big losers on the day. […]
Equities and the Economy I hope everyone had a wonderful holiday. Let’s get to last Wednesday and Friday (yes, the market was open for an abbreviated session on Friday) and get it over with. The trading was light and nothing really happened. On Wednesday the Dow and S&P 500 ended virtually unchanged to Tuesday and […]
Equities and the Economy U.S. stocks bounced back nicely yesterday from initial knee jerk selling on the news of Turkey shooting down a Russian military jet. In the morning Dow futures were down over a hundred points but rallied back nicely with all the major bourses closing in the green, marginally, but in the green. […]
Equities and the Economy Good morning. After last week’s big gains U.S. equities began the week on a quiet note with the Dow closing down 31 points at 17,793, the S&P 500 falling 2 points to 2,087 and the Nasdaq slipping 2 to 5,102. Chatter. While M&A activity usually gives a boost to the equity […]
Equities and the Economy U.S. equities had their best week of the year last week pushing the indexes upward. The Dow gained 91 points, 0.51%, ending at 17,824, the S&P 500 added 8, 0.37%, to 2,089 and the Nasdaq rose 31 points, 0.62%, finishing at 5,105. For the week the S&P gained almost 3.3%, a […]
