Stocks rebound Global stocks recover lost ground after falling on Monday 27th January 2020. European stocks pick up The FTSE 100 closed Monday at: 7412 down 174 points but picked up Tuesday by 77 points to close at: 7481. Germany’s Dax dropped Monday by 372 points to close at down:Read More →
Stock markets fall Asian stocks drop as mounting concerns of the coronavirus take hold and investors fret over the potential harm to global economies. Markets around the world fell sharply on Monday. Japan’s Nikkei index fell by 2%. The FTSE 100 was down by 1.75%. European indices also suffer bigRead More →
Nasdaq closed up at: 9402 U.S. markets set yet another new record high yesterday, 23rd January 2020, as the Nasdaq climbed to a new high and set a new record to close at: 9402.48Read More →
Scheduled events 22nd January 2020 World Economic Forum at Davos. UK public sector net borrowing data due. Canada price index data and interest rate decision due. U.S. housing data. Shares in Asia made gains, as earlier investor concerns about the coronavirus in China eased. Netflix results Netflix reported results forRead More →
Dow new record high The Dow Jones Industrial Average set yet another new record high on Friday 17th January 2020 closing up at: 29348 after touching 29400 in intraday trading. Over the week (13th – 17th January 2020) the Dow gained some 525 points aided by the U.S. China PhaseRead More →
U.S. stocks all rise to set new records yesterday, 16th. January 2020 The U.S. markets have enjoyed a stellar start to the new year, encouraged by a number of economic factors. Trade deal benefits Signing of the Phase One trade deal has lifted investor sentiment as it met expectations, howeverRead More →
The S&P 500 on Monday 13th January 2020 set a new all time record. Record close The index closed up at: 3288 – far far higher than that predicted by analysts. Indeed, many analysts in December revised their own predictions up! I’m guessing they pretty much got that one wrong.Read More →
The Dow Jones Industrial Average scored a new record high as it breached 29000 for the first time today, 9th January 2020. This comes after a volatile trading week amidst rising geopolitical tensions with Iran. Dow surge Index ‘invincible’ surged ahead again despite disappointing jobs data released today (9th JanuaryRead More →
Or should that be indices U.S. stocks have shown remarkable resilience in recent years. All rise They have all climbed ever higher, breaking new records despite many uncertainties circling the U.S. economy such as, Trump’s impeachment, allegations of election shenanigans, allegations of model payoffs, recessionary fears, inverted yield curves, droneRead More →
Investors have something else to fret about right now as they worry that U.S. – Iran tensions may escalate. Iran has threatened retaliation in response to the U.S air strike that killed an Iranian military commander in Iraq last week. Oil Oil prices increased initially after the attack, but haveRead More →