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Europe: +44 (0) 207 198 1634 Equities and the Economy Schizophrenic. That’s the only way to describe the action in the U.S. equity markets. On Thursday we had the worst day in 3 months with the Dow losing 252 points, 1.42%, and on Friday we have the best day in 3 months with the Dow posting a gain of a whopping […]
Equities and the Economy As stated in my blog yesterday, Tuesday was a tough day on Wall Street. Yesterday was a bloodbath. U.S. stocks sold off with the Dow closing down 252 points, 1.42%, at 17,478, the S&P 500 fell 30, 1.42%, to 2,050 and the Nasdaq was the big loser closing down 1.66%, 85 […]
Equities and the Economy It was a tough day on Wall Street yesterday with the Dow falling 158 points, 0.89%, closing at 17,730, the S&P 500 down 23, 1.08%, to 2,080 and the Nasdaq fell 33, 0.65%, finishing at 5,123. You can blame the energy sector for dragging the indexes lower, specifically oil prices which […]
Yesterday, Bill Gates announced The Breakthrough Energy Coalition, which is a $2 billion fund he is establishing with other wealthy folks and the University of California. It is aimed at closing the cost premium between legacy energy sources and those that reduce carbon emissions. The subtext is clear: Businesses won’t become fully engaged in combating […]
Equities and the Economy After a few lackluster sessions U.S. equities jumped nicely yesterday with the Dow gaining 168 points, 0.85%, ending at 17,888, the S&P 500, the winner for the day, climbed 23 points, 1.09%, to 2,103 and the Nasdaq added 47, 0.93%, to 5,156. The S&P closed above 2,100 for the first time […]
Equities and the Economy U.S. equities closed modestly lower yesterday with the Dow falling 79 points, 0.4%, to 17,720, the S&P 500 losing 10 points, 0.5%, and the Nasdaq closing down 19, 0.4%, at 5,209. The consumer discretionary sector, which includes companies like Macy’s, Kohl’s, Wal-Mart and Target, were the big losers on the day. […]
Drought has brought the water level at Lake Oroville in California close to a record low. Credit Ruth Fremson/The New York Times A solid majority of Americans say the United States should join an international treaty to limit the impact of global warming, but on this and other climate-related questions, opinion divides sharply along partisan […]
Source: Provided by GasBuddy.com U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon (g) as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008. Traditionally, the Thanksgiving holiday is one of the heaviest travel times of the year in […]
Equities and the Economy I hope everyone had a wonderful holiday. Let’s get to last Wednesday and Friday (yes, the market was open for an abbreviated session on Friday) and get it over with. The trading was light and nothing really happened. On Wednesday the Dow and S&P 500 ended virtually unchanged to Tuesday and […]
Equities and the Economy U.S. stocks bounced back nicely yesterday from initial knee jerk selling on the news of Turkey shooting down a Russian military jet. In the morning Dow futures were down over a hundred points but rallied back nicely with all the major bourses closing in the green, marginally, but in the green. […]
