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Europe: +44 (0) 207 198 1634 Equites and the Economy Good morning. Although U.S equities closed lower yesterday they held on to most of Wednesday gains including the Dow’s 198 point rise that day. The Dow fell 24 points to 17,756, the S&P 500 lost a single digit to 2,089 and the Nasdaq fell 22 to 5,074. 3rd quarter GDP data […]
Equities and the Economy I apologize for the delay. Numerous important meetings this morning. U.S. stocks closed sharply higher in a volatile session yesterday with the Dow rising a sweet 198 points, 1.13%, to 17,780, the S&P 500 adding 24 points, 1.18%, to 2,090 and the Nasdaq climbed 66 points, 1.3%, to 5,096. Of note, […]
FERC puts renewables at 17.4% of total installed U.S. generating capacity, including 8.59% hydro, 5.91% wind (68,830 MW), 1.43% biomass, 1.13% solar (13,180 MW), and 0.34% geothermal steam. No new nuclear capacity was added in 2015, and only 9 MW of oil and 3 MW of coal. Because of differing capacity factors, the U.S. Energy Information Administration (EIA) […]
Equities and the Economy Good morning. U.S. equities closed mildly lower yesterday with the Dow closing down 42 points at 17,581, the S&P 500 down 5 to 2,066 and the Nasdaq falling 5 to 5,030. Chatter. Fundamentally, the Conference Board reported yesterday its index of consumer confidence fell from a downwardly revised 102.6 in September […]
The City of Dallas has yanked the title of top green power user from Houston, according to the federal Environmental Protection Agency. The EPA on Monday said the City of Dallas is now the largest local government user of green power in the nation, taking the top spot away from the City of Houston, which still […]
Equities and the Economy Good morning. It was a subdued day of trading yesterday with the Dow closing down 24 points at 17,623, the S&P 500 falling 4 to 2,071 and the Nasdaq actually climbing 3 to 5,035. The combination of big gains last Tuesday and Friday and the two day FOMC meeting, which begins […]
Equities and the Economy Good morning. U.S. stocks booked a fourth consecutive week of gains last Friday with the Dow popping 158 points, 0.9%, to 17,647, the S&P 500 adding 22, 1.10%, to 2,075 and the Nasdaq going apogee skyrocketing 2.28%, 112 points, to 5,032. There were two major events during the week supporting global […]
Equities and the Economy It was a sea of green yesterday with all the major stock indexes rallying strongly. The Dow gained a huge 320 points, 1.87%, ending at 17,489, the S&P 500 added 34, 1.69%, to 2,053 and the Nasdaq an even 80 points, 1.65%, finishing at 4,920. As Jim Cramer would say, “Booyah!” […]
The Texas electric grid hit a new record for wind power use early Thursday, as the state continues dominating the rest of the nation in wind farm growth. At 12:30 am Thursday, the main Texas grid operator reported that nearly 37 percent of demand was met with wind power. The Electricity Reliability Council of Texas, […]
Equities and the Economy Good morning. U.S. stocks lower for a second consecutive day but it was a flesh wound with the Dow down 48 to 17,169, the S&P 500 off 12 to 2,109 and the Nasdaq closing 41 lower at 4,840. All the major indexes were flat to positive all day until the final […]
