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Europe: +44 (0) 207 198 1634 Equites and the Economy Good morning. Excellent, excellent, excellent day yesterday! The Dow rose a whopping 217 point, 1.28%, finishing at 17,142, the S&P 500 added a very material 30 points, 1.49%, closing above the big psychological 2000 figure at 2,024 and the Nasdaq rose a huge 87 points, a big 1.82%, at 4,870. Yesterday’s […]
Equities and the Economy Good morning. I told you it was earnings season and U.S. stocks felt the brunt of it yesterday after a couple of heavy weights gave guidance. Wal-Mart, the world’s largest private employer, surprised investors yesterday saying it expects sales to be flat in 2016 and giving an even worse forecast for […]
TOKYO (AP) — Toyota, under ambitious environmental targets, is aiming to sell hardly any regular gasoline vehicles by 2050, only hybrids and fuel cells, to radically reduce emissions. The automaker promised to involve governments, affiliated companies and other “stakeholders” in its push to reduce average emissions from Toyota cars by 90 percent by about 2050, […]
Equities and the Economy Good morning. U.S equities snapped their seven day winning streak with the Dow and S&P 500 finishing marginally lower. The former fell 50 points to 17,082 and the latter 14 to 2,003 (but importantly above support of 2,000). The Nasdaq took it on the chin, however, falling 42 points, 0.87%, to […]
Equities and the Economy Just like Columbus discovering America (ok, I know that’s debatable), U.S. equities discovered a way to finish for a higher for a 7th consecutive session despite both the banks and bond market being closed. After climbing more than 600 points last week, or nearly 4%, investors resumed their buying yesterday. The […]
Equities and the Economy It was a choppy session Friday but U.S. managed to eke out gains with the Dow closing up 34 points at 17,084, the S&P 500 up 1 to 2,105 and the Nasdaq performing the best adding 20 points to 4,830. It was a very, very good week amigos! The S&P logged […]
Renewable energy has long been seen as the energy of tomorrow – widely praised for its low carbon qualities but seen as too expensive compared to traditional forms of energy such as coal and gas. But new research says that the cost of generating electricity from onshore wind is cheaper today than coal and gas […]
Equities and the Economy Good morning. U.S. equities continued their recent surge higher yesterday this time getting a boost from the minutes from the Federal Reserve’s September meeting which were released yesterday. The Dow gained a very nice 138 points, 0.8%, finishing at 17,051, the S&P 5000 added 18, 0.9%, to 2,013 and the Nasdaq […]
Source: U.S. Energy Information Administration, Electricity Monthly Update The monthly natural gas share of total U.S. electricity generation surpassed the coal share in July for the second time ever, with natural gas fueling 35.0% of total generation to coal’s 34.9% share. Compared to the previous July, coal-fired generation fell in every region of the country, […]
Equities and the Economy Good morning. U.S. equities continued their rally from their test last Friday of the August 24th “flash crash” low with the Dow adding another 122 points, 0.73%, closing at 16,912, the S&P 500 added 16, 0.81%, finishing at 1,996 and the Nasdaq climbed 43, 0.90%, to 4,791. Yesterday’s higher close was […]
