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Europe: +44 (0) 207 198 1634 Equities and the Economy: • Stocks continue to meander. • Fundamentals look solid. The lumberjack continues working away. Chop. Chop. Chop. That explains the U.S., and even the European, equity markets over the past month. Yesterday it was more of the same with the Dow closing down 63 points at 19,891, the S&P 500 dropping […]
Equities and the Economy: • U.S. bourses close higher. • Market remains choppy and range bound. Chop. Chop. Chop. That describes the equities markets of late, and I’m talking globally, not just U.S. Getting yesterday’s numbers out of the way, the Dow posted a nice gain of 99 points, 0.50%, ending at 19,954, the S&P […]
The same week that New York announced that the Indian Point Nuclear Reactor would be shut down, Gov. Cuomo announced that the largest offshore wind project in the US would be built off the coast of Long Island. This new wind farm will help offset the loss of nuclear power, while eventually providing power to […]
Equities and the Economy: • Nasdaq closes at record high. • Dow and S&P meandering. The tech heavy Nasdaq closed up 20 points, 0.4%, yesterday at 5,552 marking the 6th consecutive day of gains with the last four at record highs representing the longest stretch of record closes for the index since 1999. Impressive. Enthusiasm […]
Equities and the Economy: • U.S. stocks meander. • Still can’t penetrate Dow 20,000. U.S. stocks chopped around yesterday. While the Dow fell 77 points, 0.38%, ending at 19,887 and the S&P 500 lost 8 points, 0.35%, finishing at 2,269, the Nasdaq posted a small gain of 11 points, 0.19%, closing at 5,532. The market […]
The Indian Point nuclear power plant located just 30 miles from New York City will officially shut down in 2021, likely increasing rate payer utility bills. While this change won’t take place for several years, it will force New York to add electricity generation through renewable energy sources or by using hydro power from Quebec. […]
Equities and the Economy: • U.S. equities continue their post-election grind higher. • Dow trades within a gnat’s eyelash of 20,000. U.S. equities ended the week higher with the Dow closing up 65 points at 19,964, the S&P 500 added 8 to 2,277 and the Nasdaq finished 9 points higher at 5,521. The Dow got […]
Equities and the Economy: • Dow and S&P 500 suffer minor losses. • Nasdaq closes at new record high. The tech heavy Nasdaq gained 11 points yesterday and while it was only 0.2% it was enough to push the index to a new record closing high of 5,488. The Dow and S&P 500 suffered minor […]
Equities and the Economy: • U.S. stocks posted a second day of gains. • Dow 20,000 mark yet to be broken. U.S. equities posted and are batting 1.000% for 2017! The Dow posted a 60 point gain, 0.3%, closing at 19,942, just 58 points shy of 20,000. The S&P 500 settled up 13 points, 0.6%, […]
Equities and the Economy: • U.S. stocks begin 2017 in the green. • Dow still looking to break 20,000. U.S. stocks began 2017 on a positive note with the Dow closing up 119 points, 0.6%, at 19,882, the S&P 500 climbing 19 points, 0.9%, to 2,258 and the Nasdaq finishing at 5,429, up 46, 0.9%. […]
