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Europe: +44 (0) 207 198 1634 Equities and the economy Led by higher oil prices and energy shares the Dow and S&P 500 finished marginally higher yesterday coming within striking distance of new all-time highs. The Dow gained 18 points finishing at 17,938 after briefly topping 18,000 for the first time since April. The S&P closed up 3 points at 2,112 […]
Equities and the economy Our Fed Chairperson, Janet Yellen, spoke yesterday painting a mostly upbeat picture of the economy conceding that the May payrolls data was disappointing but adding it is only one data point which does not make a trend. She stated interest rates are forthcoming but gave no clue as to when. All […]
Starting over a decade ago, the Massachusetts legislature began creating laws that require all suppliers of electricity (including utilities) to obtain a certain percentage of their electricity from renewables. The original legislation, called the Renewable Portfolio Standard or RPS, began in 2003 with all suppliers required to purchase 1% of generation from qualifying renewables. Since […]
Equities and the economy As mentioned in Friday’s Blog, the headline data was the horrible May jobs report noting only 38,000 jobs were added in May. Putting into perspective how bad this report was, when the report was released the CNBC reporter reading the data said, “We seem to have lost a digit somewhere.” The […]
Equities and the economy Yesterday we saw a third day where U.S. equities open lower only to rally back to close flat to higher. Stocks continue to grind higher approaching May 2015 record highs. The S&P 500 closed up 6 at 2,105 breaking the 2,100 level which we’ve not seen since April 20th and ending […]
Equities and the economy Yesterday was a repeat of Tuesday with stocks beginning the day lower and clawing back to close pretty much unchanged. The Dow closed up 2 points at 17,790, the S&P 500 added the same ending at 2,099 and the Nasdaq finished up 4 at 4,952. As I’ve stated too many times, […]
Equities and the economy It was a bumpy day yesterday with the major indexes closing mixed. The Dow lost 86 points, 0.48%, closing at 17,878, the S&P 500 hung in there ending down just 2 points at 2,097 and the Nasdaq actually posted a nice gain of 15 points, 0.29%, finishing at 4,948. The end […]
Not many people consider nuclear power as a clean power source. Nuclear is actually the cleanest of any power source besides the classic solar, wind, and hydro power sources. The future of our sustainability efforts will rely on the continued operation of these low-price-generating sources. The Three Mile Island nuclear power plant in Pennsylvania. Exelon, […]
Equities and the economy Good morning and I hope you had a great holiday weekend. U.S. stocks finished the week on a positive note with the Dow closing up 45 at 17,873, the S&P 500 adding 9 points to 2,099 and the Nasdaq closing up 32 points at 4,934. The major bourses had their best […]
Equities and the economy After two spectacular days U.S. stocks bivouacked with the Dow closing down 23 points at 17,828, the S&P 500 closing flat to Tuesday at 2,090 and the Nasdaq ending at 4,090, up 7 points. All the definition of “chatter.” Considering the big move we had I call this a victory. Even […]
