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Europe: +44 (0) 207 198 1634 Equities and the Economy: Yesterday the Dow clawed back from biding in the red intraday to close at a new record high. The blue chip index rose 54 points, 0.3%, closing at 18,923. The S&P 500 finished up 16 points, 0.8%, at 2,180 led by a 2.7% jump in energy stocks with oil popping. The […]
Ohio is making steps towards greater reliance on solar and other clean energy sources. With the retirement of 1500MW of coal, the state is looking to replace most of that lost generation with large-scale solar facilities, with a focus on giving jobs to veterans. Ohio regulators have formally approved a settlement designed to shift the […]
Equities and the Economy: Yesterday U.S. stocks closed mostly flat to Friday with the Dow posting a 22 points gain to 18,869, the S&P 500 closed flat to Friday at 2,164 while the Nasdaq lost 19 points ending at 5,218. Of note, the Dow closed at another record high. The Dow has performed phenomenally recently […]
Equities and the Economy: U.S. equities rose for a 5th consecutive session on Friday with the Dow climbing 40 points, 0.2%, to 18,848. The S&P 500 and Nasdaq also rose with the former ending up 3 points at 2,164 and the latter adding 28 points, 0.5%, to 5,237. Friday’s gains pushed the Dow to another […]
Equities and the Economy: After dropping 800 points at around midnight on Tuesday U.S., stocks have logged huge gains on Wednesday and Thursday with the Dow closing at a record high yesterday. The blue chip index rose 218 points yesterday, 1.2%, finishing at 18,808. The S&P 500 gained 4 points ending at 2,167. The Nasdaq […]
Equities and the Economy: Not sure if it was the fact Donald Trump won the election or simply that the election and accompanying uncertainty was behind us but whatever it was investors liked it, but boy, was it a huge whip-saw!. Now remember at around midnight on Tuesday Dow futures were down a whopping 800 […]
Equities and the Economy: Let’s get yesterday’s price action quickly out of the way because for all intents and purposes it’s meaningless. The Dow rose 73 points to close at 18,333, the S&P 500 added 8 to 2,140 and the Nasdaq rose 27 finishing at 5,193. As I’m sure you know, Donald Trump won the […]
Equities and the Economy: Wow! Whoo-hoo! Huge day yesterday! The Dow jumped a big 371 points, 2.1%, to finish at 18,259, the S&P 500 popped 46 points, 2.2%, ending at 2,132 and the Nasdaq rose a hefty 120 points, 2.4%, to 5,166. The move yesterday was all about the election and the belief that with […]
Winter is coming! As the reliance on natural gas continues to increase, strain is being placed on existing natural gas supply and infrastructure to ensure that the lights – and heat – will be kept on during the winter. Grid operators say enhanced coordination and upgraded operational tools are key in keeping gas-fired plants online […]
Equities and the Economy: Friday marked the 9th consecutive session the S&P 500 has closed lower. This is the longest losing streak since December 1980. However, the total loss has only been 3.1% over the period and the S&P is only off 5% from record highs in August. Hardly anything to get excited about. The […]
