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Europe: +44 (0) 207 198 1634 Equities and the Economy: • S&P 500 closes at record high. • FOMC minutes of May meeting reinforce rate hike coming. Like a boxer getting knocked to the mat, i.e., last Wednesday, U.S. equities bounced up and keep on fighting. Yesterday the S&P 500 closed 6 points higher at 2,404 and while the gain was […]
Equities and the Economy: • Major indexes close higher for 4th consecutive day. • Dow and S&P on longest winning streak since late February. The three major U.S. indexes all finished higher yesterday, albeit marginally, marking a 4th consecutive day of higher closes. The Dow rose 43 points ending at 20,938 and the S&P 500 […]
California grid smashes renewables record, getting more than 67% of its energy from renewables on May 13, 2017. The state is still leading the U.S., but the entire country is making progress with renewable energy. CALIFORNIA LEADING THE WAY On May 13, 2017, California smashed through another renewable energy milestone as its largest grid, controlled […]
Equities and the Economy: • Stocks close higher for 3rd consecutive day. • Recovered almost all of last Wednesday’s losses. U.S. equities closed higher yesterday for their 3rd straight session. The Dow finished up 90 points at 20,895, the S&P 500 rose 12 ending at 2,394 and the Nasdaq rose 50 points to 6,134. The […]
Equities and the Economy: • Major indexes close higher for second consecutive day. • Dow and S&P post second week of losses. The major indexes logged a second day of gains on Friday with the Dow closing 142 points higher at 20,805, the S&P 500 ended 16 points up at 2,382 and the Nasdaq added […]
Equities and the Economy: • Stocks recover some of Wednesday’s loss. • Fundamental data strong. After suffering their worst single day loss in 8 months on Wednesday stocks bounced back yesterday with the Dow closing up 109 points at 20,715, the S&P 500 rising 14 points to 2,371 and the Nasdaq climbing 51 points ending […]
Equities and the Economy: • Stocks post worst daily performance in 8 months. • Investors deleverage on belief President Trump’s pro-growth agenda delayed. Ugly. Very ugly. “Black swan” events are by definition unforeseen and yesterday’s came from the political arena. After marking record highs as recently as Monday, the U.S. major indexes got obliterated yesterday […]
Peak demand records are being set already in ERCOT, and its only May! Load up on the sunblock and get your peak demand management ready, it could be a long, hot summer… ERCOT last month set a new record for April peak demand, registering a high of 53,420 MW during the hour ending 5 p.m. […]
Equities and the Economy: • Nasdaq logs another record high. • U.S. manufacturing production highest in more than 3 years. It was another stellar day for the technology sector with the Nasdaq once again closing at a new record high posting a 20 point gain to 6,170. The Dow and S&P 500 basically closed flat […]
Equities and the Economy: • S&P and Nasdaq close at record highs. • Global equities hitting record highs. It was a good day for your stock portfolio yesterday with all three major indexes performing well with the S&P 500 and Nasdaq both posting record highs. The former rose 11 points to finish at 2,402 and […]
