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Europe: +44 (0) 207 198 1634 Equities and the Economy Good morning and happy National Get Out of the Dog House Day. Stocks closed mixed on Friday but of note was the Nasdaq closed at a new record high gaining 47 points (0.91%) to 5,201. The tech heavy index was powered higher by Google which announced Q2 spectacular earnings. So how […]
Equities and the Economy Good morning and happy Wrong Way Corrigan Day (Google that). It was a good day on Wall Street yesterday with major indexes around the globe closing higher including those here in the U.S. The Dow climbed 70 to 18,120, the S&P 500 added 17 to 2,124 and the Nasdaq rose 64 […]
Equities and the Economy Good morning and happy Corn Fritters Day. After four up sessions U.S. equities gave up a smidgeon yesterday with the Dow off 4 points to 18,050, the S&P 500 down 2 to 2,107 and the Nasdaq closing 6 points lower at 5,099. All the indexes were nicely in the green early […]
Natural gas overtook coal as the top source of U.S. electric power generation for the first time ever earlier this spring, a milestone that has been in the making for years as the price of gas slides and new regulations make coal more risky for power generators. About 31 percent of electric power generation in April […]
Equities and the Economy Good morning. On below average volume U.S. equities posted their 4th consecutive session of gains yesterday with the Dow closing up 76 points (0.42%) at 18,054, the S&P 500 adding 9 (0.45%) to 2,109 and the Nasdaq up 33 (0.66%) to 5,105. Yesterday’s Dow performance was enough to get the index […]
Equities and the Economy Investors sighed a breath of relief as the world averted a Grexit increasing their appetite for risk buying riskier assets and pushing stock prices around the world higher. Oh, and Chinese stocks rose as the government continues to manipulate the stock market there. The day’s gains were broad with the Dow […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook Real prices viewer The average retail price for motor gasoline this summer (April through September) is expected to be $2.67 per gallon, the lowest price (in real dollars, meaning adjusted for inflation) since 2009, based on projections in EIA’s July Short-Term Energy Outlook (STEO). This decline is mainly the result of the […]
Equities and the Economy Good morning. Whoo-hoo and whoo again! And again! Financial markets around the world surged on Friday after Greece tabled a fresh package of reforms to creditors with investors taking the developments that the new plan could finally spell the end of the dramatic stand-off that shut the Greek financial system down […]
IT’S summertime. The season when you can write your name in the condensation on the windows at Starbucks, people pull on parkas to go to the movies and judges have been known to pause proceedings so bailiffs can escort jurors outside the courthouse to warm up. On these, the hottest days of the year, office […]
Equities and the Economy Good morning and happy Pina Colada Day (Google Rupert Holmes). On the heels of a big rebound in Chinese stocks and a continued strength in European stocks U.S. equities bounced back from Wednesday’s horrific sell-off with the Dow closing up 33 points, the S&P 500 adding 5 to 2,051 and the […]
