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Europe: +44 (0) 207 198 1634 Equities and the Economy: U.S. stocks had a pretty good day yesterday. The Dow was up as much as 129 points but the day traders took some profit at the day’s end and the Dow finished up 77 points, 0.43%, closing at 18,223, the S&P 500 added 10, 0.47%, finishing at 2,151 and the Nasdaq […]
Equities and the Economy: Friday continued the consolidation we’ve been in lately with the Dow closing down 17 points at 18,146, the S&P 500 literally closing flat to Thursday at 2,141 and the Nasdaq notching a small gain of 16 finishing at 5,257. Another reason for a lack of movement was there were no significant […]
Equities and the Economy: U.S. stocks closed lower yesterday but looking at the forest rather than the trees it was another day of chatter. The Dow lost 40 points ending at 18,162, the S&P 500 fell 3 to 2,141 and the Nasdaq ended off 5 at 5,242. This market has been bouncing around, consolidating is […]
Equities and the Economy: For a second consecutive session U.S. equities closed higher yesterday. The Dow closed up 41 at 18,203, the S&P 500 rose 5 to 2,144 and the Nasdaq added 3 to 5,246. A combination of rising oil prices and earnings releases supported the market. The former will be discussed below. With respect […]
Equities and the Economy: Aided by stronger than expected earnings U.S. stocks closed higher yesterday. After reaching a session high of 139 points the Dow settled back but still closed nicely in the green up 76 points, 0.42%, at 18,162. The S&P 500 added 13, 0.62%, ending at 2,140 and the Nasdaq rose 0.85%, 44 […]
Equities and the Economy: U.S. equities ended modestly lower yesterday with the Dow off 52 points to 18,086, the S&P falling 6 to 2,127 and the Nasdaq down 14 finishing at 5,200. Chatter. If we must “blame” something let’s blame oil prices for they were marginally lower on the day. Giving you a status report […]
The natural gas supply glut that dropped gas and electricity prices could soon turn into a supply issue and possible price spike as 23 straight weeks of below-average gas injections has left the US with far less gas than was expected going into the winter. U.S. natural gas prices have surged to the highest […]
Equities and the Economy: U.S. stocks closed pretty much flat to Thursday on Friday. While the Dow rose 39 points to close at 18,138 the S&P 500 and Nasdaq didn’t or barely moved with the former closing flat to Thursday at 2,133 and the latter finishing up a single digit at 5,133. On the positive […]
Equities and the Economy: Soooo choppy! Just when we’re getting all “bulled up” with U.S. equities having a really good day on Monday Chicken Little makes an appearance. Yesterday the Dow lost an even 200 points, 1.09%, to finish at 18,129, the S&P 500 lost 27 points, 1.24%, to end at 2,137 and the Nasdaq […]
Equities and the Economy: U.S. stocks closed higher yesterday driven up by higher oil prices. The latter on Russian President Vladimir Putin’s comments that Russia is willing to join in on plans to curb crude oil production. The stronger oil market guided other commodities as well further bolstering equities. Commodities across the board were higher. […]
