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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. stocks post best day of 2017. • Dow closes above 21,000 for the first time ever. WOW! What a day! Not only did all the major indexes close at record levels, they did it in grand fashion! The Dow broke through the 21,000 barrier surging 303 points, 1.5%, to […]
Equities and the Economy: • Dow 12 day winning streak breaks. • Rally is resuming today. All three major indexes closed lower yesterday including the Dow which broke its 12 day winning streak, its longest winning streak since 1987. However, the losses for the Dow and S&P 500 were minor. The Dow fell 25 points, […]
Equities and the Economy: • ANOTHER record close for the Dow. • Streak is getting long in the tooth. The Dow closed at its 12th consecutive high yesterday at 20,837, up 16 points. The S&P 500 also ended at a record high of 2,370, up 2 points, and the Nasdaq closed just shy of its […]
Equities and the Economy: • Dow posts 11th straight record. • S&P 500 has 5th weekly gain. U.S. equities have been screaming the last 3 ½ months and the party continued Friday. The major indexes traded in the red for almost the entire day but staged, literally, a last minute rally ahead of the closing […]
Equities and the Economy: • Dow closes at 9th straight record high. • S&P and Nasdaq retreat marginally. The Dow closed up 32 points yesterday, 0.16%, at 20,776 marking its 9th straight record high close. Its recent performance has seen the bourse secure its best record-winning streak since January 1987. That’s 30 years folks! The […]
Equities and the Economy: • Dow logs 8th consecutive session of record highs. • S&P 500 and Nasdaq mark 2nd session in a row of record highs. U.S. stocks had a very good day yesterday with all three major indexes closing at record highs. The Dow marked its 8th consecutive session of record highs closing […]
Equities and the Economy: • All three major stock indexes close at record highs on Friday. • Post solid gains for the week. Although trading mostly lower most of the day, the three major bourses eked out gains on Friday setting new record highs. The Dow closed up 4 points at 20,624 and the S&P […]
Equities and the Economy: • Dow marks 6th consecutive record, barely. • S&P and Nasdaq retreat marginally. U.S. stocks ended little changed yesterday but it was enough for the Dow, which rose 8 points to 20,620, to set a 6th straight record high. The S&P 500 closed down 2 points at 2,347 and the Nasdaq […]
Equities and the Economy: • U.S. stocks post record highs for 5th consecutive session. • Lots of good economic news yesterday. U.S. stocks continue to march higher with all three indexes posting new record highs yesterday. The Dow closed up a hefty 107 points, .052%, to 20,612, the S&P 500 added 12, 0.50%, to end […]
California is in a bind. The recent Oroville Dam emergency has forced the shutdown of a 819MW hydropower plant that needs to be replaced with the equivalent of two natural gas power plants. This will increase natural gas demand while the state is still short on supply because of the Aliso Canyon gas leak from […]
