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Posts Tagged ‘Nasdaq’

Rhode Island Lawmakers Pass Bill To Increase Renewables Mandate

Rhode Island, a state that already has committed to renewable energy with a 30MW Block Island wind farm beginning generation this summer, is now committing to 40% renewable energy by 2035.  With this mandate, Rhode Island will attract new business from renewable energy companies and add billions of dollars into the state’s economy. The Rhode […]

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Morning Energy Blog – June 21, 2016

Equities and the economy Last week and yesterday remind me of the memorable 1984 movie Karate Kid where Kesuke Miyagi teaches Daniel LaRusso karate with the training beginning with menial chores including waxing Miyagi’s car stating “Wax on. Wax off.” Well lately it’s been “Risk-off. Risk-on” in the global equity markets. Whereas last week it […]

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Morning Energy Blog – June 20, 2016

Equities and the economy U.S. stocks closed out a difficult week on a modestly lower note Friday as investors continued to shed risk over concerns about the Brexit vote and whether or not Britain would leave the European Union. The Dow closed down 58 points, 0.3%, at 17,675, the S&P 500 fell 7 points, also […]

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Morning Energy Blog – June 17, 2016

Equities and the economy Crazy day yesterday. U.S. equities opened lower and it looked like we were going to have a 6th consecutive day of losses but around noon eastern time the Dow tuned positive on the day and continued to rally into the close turning a bad day into a good one. The Dow […]

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Morning Energy Blog – June 16, 2016

Equities and the economy The risk-off sentiment continued yesterday with commodity prices falling, bond and gold prices rising and equity prices falling. Yesterday the Dow fell 35 points, closing at 17,640, the S&P 500 lost 4 to 2,072 and the Nasdaq settled down 9 at 4,835. Similar to Tuesday, the losses yesterday were marginal but […]

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Morning Energy Blog – June 15, 2016

Equities and the economy U.S. stocks closed lower for a 4th consecutive day yesterday marking the Dow and S&P 500’s longest losing streak since the market lows in February. That being said, the damage to your 401K was slight. The Dow lost 58 points, 0.33%, to finish at 17,675, the S&P fell 4 points ending […]

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Quarterly coal production lowest since the early 1980s

Because of multiple economic, political, social, and weather factors, coal production has dropped in recent years and is now at its lowest level since 1981. This lack of coal is creating even more demand for natural gas for electricity generation, leaving much of the Northeast at risk for wildly volatile natural gas prices. Source: U.S. […]

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Morning Energy Blog – June 14, 2016

Equities and the economy Ever since seeing new record highs in their sights last week the major indexes have been on been on the defensive. Yesterday U.S. equities closed lower for the third consecutive day with the Dow falling 133 points, 0.74%, to 17,732, the S&P 500 lost 17 points, 0.81%, finishing at 2,079 and […]

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