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Europe: +44 (0) 207 198 1634 Equities and the Economy: • U.S. equities notch 4th consecutive record close. • Fed chairperson Yellen signals higher interest rates are coming. The three major U.S. stock indexes all posted record highs for the 4th consecutive day yesterday with the Dow closing up 92 points, 0.5%, at 20,504, the S&P 500 finishing 9 points higher, […]
Equities and the Economy: • Major indexes close at record high for third consecutive session. • S&P 500 reaches market cap of $20 trillion for first time ever. U.S. stocks extended gains yesterday with the three major indexes closing at record highs for the third consecutive session with financial and industrial stocks leading the way. […]
Equities and the Economy: • S&P 500 closes lower for 4th consecutive session. • For the month of January, all three major bourses post gains. It was a mixed bag for U.S. equities yesterday with the Dow getting smacked closing down 107 points, a half percent, at 19,864, the S&P 500 ending down 2 at […]
Equities and the Economy: • Caution prevails. • U.S. indexes closed mixed. Caution remained the order of the day with another choppy day for U.S. equities. The Dow closed down 22 points at 19,805 while the S&P 500 and Nasdaq closed 4 and 17 points higher at 2,272 and 5,556, respectively. Over the past month […]
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 […]
Equities and the Economy: • U.S. stocks close marginally down on Friday. Dow down 36, S&P 500 off 5 and Nasdaq lost 12. • All three indexes posted gains for the week. • All three indexes still about ½% off record highs. U.S. equities closed slightly lower on Friday with the Dow falling 36 points, […]
Equities and the Economy: • Dow closes up 36 points at 18,903, 20 points shy of record high. • S&P 500 added 10 to 2,187, just 3 points shy of record high. • Nasdaq finishes up 39 points, at 5,334, 6 points shy of record high. • U.S. dollar hits its strongest level in 14 […]
Equities and the Economy: Consolidation was the name of the game yesterday for U.S. stocks. The Dow closed down 55 points, 0.3%, at 18,868 snapping a 7 day win streak. The financial sector, i.e. big banks, were the losers on the day falling 2% pulling the index down. This was just profit taking for that […]
Equities and the Economy: Yesterday was another day of muted, consolidated trading. After hitting a 2 week high on Monday, the Dow fell 54 points to 18,169, the S&P 500 ended off 8 at 2,143 and the Nasdaq lost 26 to 5,283. If we must point to something let’s point to the Conference Board’s Consumer […]
Equities and the Economy: U.S. equities failed to hold on to their early morning gains ending the day in the red. After being down by as much as 138 points the Dow fought back finishing the day down 85 points, 0.47%, at 18,168. The S&P 500 fell 11, ½%, to 2,150 and the Nasdaq as […]
