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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S stocks retreat. • Dow closes lower for 3rd consecutive day. U.S. equities closed lower yesterday. The Dow shed 24 points closing lower for the third straight session at 20,919, the S&P 500 pulled back from its record close falling 5 points ending at 2,394 and the Nasdaq also retreated […]
Equities and the Economy: • Political wrangling in Washington doesn’t impact stocks. • Nasdaq closes higher for 4th consecutive day. President Trump’s surprise, some would say “stunning”, firing of FBI Director Comey Tuesday certainly wasn’t positive for U.S. stocks, but it sure didn’t cause investors to panic. The Dow fell 33 points finishing at 20.943, […]
Equities and the Economy: • Dow and S&P shed a little • Nasdaq again closes at a record high. The Nasdaq is draining 3’s like an el fuego NBA guard. Yesterday it again set another record high. This time closing 18 points higher at 6,121. It’s the 30th closing record high of the year. The […]
Equities and the Economy: • Quiet day on Wall Street yesterday. • “Fear index” drops to lowest level in 24 years. It was a quiet day for U.S. stocks yesterday with the major indexes ending essentially unchanged. The Dow closed up 4 at 21,011, the S&P 500 closed flat to Monday at 2,399 and the […]
Equities and the Economy: • S&P 500 and Nasdaq end at record highs on Friday. • All three major indexes post weekly gains. U.S. stocks finished higher on Friday with the S&P 500 and Nasdaq closing at record highs. The former closed up 10 points at 2,399, its first record close since March 1st. The […]
Equities and the Economy: • U.S. stocks continue to meander. • European equities hitting record highs. U.S. stocks ended little changed yesterday with the Dow closing down 6 at 20,951, the S&P 500 finishing up a single digit at 2,390 and the Nasdaq rising 3 points ending at 6,075. Yesterday may have been chatter here […]
Equities and the Economy: • Stocks end mixed. • Fed leaves interest rates unchanged. U.S. equities ended mixed yesterday with the Dow gaining 8 to 20,958 but the other two major indexes fell. The S&P 500 lost 3 to 2,388 and the red-hot Nasdaq fell 23 points to 6,073. Chatter. Let’s move on. The FOMC […]
Equities and the Economy: • Stocks post marginal gains. • Nasdaq posts 2nd consecutive record high. U.S. stocks eked out gains yesterday with the Dow closing 36 points higher at 20,950, the S&P 500 up 3 to 2,391 and the Nasdaq gaining 4 at 6,095, enough to close at a record high for a second […]
On January 31, 2017 the Federal Energy Regulatory Commission (FERC) issued an order accepting PJM’s compliance filing that noted an underfunding in the PJM Financial Transmission Rights (FTR). The funding mechanism will be addressed by allocating balancing congestion charges to real-time load. As a result of FERC’s acceptance of the filing, all Load Serving Entities […]
Equities and the Economy: • Lackluster trading on May Day. • Nasdaq posts yet another record high. With many markets around the globe closed for International Workers Day, aka May Day, trading was muted here in the U.S, at least for the Dow and S&P 500. The former dipped in and out of positive territory […]
