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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Dow closes up 36 points at 18,903, 20 points shy of record high. • S&P 500 added 10 to 2,187, just 3 points shy of record high. • Nasdaq finishes up 39 points, at 5,334, 6 points shy of record high. • U.S. dollar hits its strongest level in 14 […]
Total amount of natural gas in storage in the US has now surpassed the previous record, which was set in November 2015. With the storage level expected to rise and winter on its way, will natural gas prices continue to stay at record lows? Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working […]
Equities and the Economy: Consolidation was the name of the game yesterday for U.S. stocks. The Dow closed down 55 points, 0.3%, at 18,868 snapping a 7 day win streak. The financial sector, i.e. big banks, were the losers on the day falling 2% pulling the index down. This was just profit taking for that […]
Equities and the Economy: Yesterday the Dow clawed back from biding in the red intraday to close at a new record high. The blue chip index rose 54 points, 0.3%, closing at 18,923. The S&P 500 finished up 16 points, 0.8%, at 2,180 led by a 2.7% jump in energy stocks with oil popping. The […]
Ohio is making steps towards greater reliance on solar and other clean energy sources. With the retirement of 1500MW of coal, the state is looking to replace most of that lost generation with large-scale solar facilities, with a focus on giving jobs to veterans. Ohio regulators have formally approved a settlement designed to shift the […]
Equities and the Economy: Yesterday U.S. stocks closed mostly flat to Friday with the Dow posting a 22 points gain to 18,869, the S&P 500 closed flat to Friday at 2,164 while the Nasdaq lost 19 points ending at 5,218. Of note, the Dow closed at another record high. The Dow has performed phenomenally recently […]
Equities and the Economy: U.S. equities rose for a 5th consecutive session on Friday with the Dow climbing 40 points, 0.2%, to 18,848. The S&P 500 and Nasdaq also rose with the former ending up 3 points at 2,164 and the latter adding 28 points, 0.5%, to 5,237. Friday’s gains pushed the Dow to another […]
Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Equities and the Economy: Let’s get yesterday’s price action quickly out of the way because for all intents and purposes it’s meaningless. The Dow rose 73 points to close at 18,333, the S&P 500 added 8 to 2,140 and the Nasdaq rose 27 finishing at 5,193. As I’m sure you know, Donald Trump won the […]
