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Europe: +44 (0) 207 198 1634 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 […]
Being Houston remains in dire straits and I am the only one in the office again, this will be a condensed Morning Energy Blog. And it’s still raining. Equities and the Economy: Another quiet day. Market looking for direction. It was another day of low volume and lack of conviction amongst investors. The Dow closed […]
Good morning. I managed to make it into the office today. The only one who could make it. I happen to be fortunate to live in an area with clear ingress and egress, for now. I’m extremely fortunate. Houston is a mess. A really, really big mess. Flooding is everywhere. Giving you some perspective, Houston […]
Equities and the Economy: • Choppy day yesterday. • Yellen and Draghi speaking today. Stocks posted minor losses on another low volume day. The Dow finished down 29 points at 21,783, the S&P 500 lost 5 to close at 2,439 and the Nasdaq declined 7 to 6,271. Really not much more to talk about there […]
Equities and the Economy: • Trump threatens to shut down government if Congress doesn’t fund Mexico border wall. • Stocks retreat. Investors turned cautious yesterday after President Trump stated at a rally in Phoenix Tuesday evening that he would be willing to not raise the debt ceiling, i.e., shut down the government, if Congress didn’t […]
