New Dow record just short of 35000 Dow Jones Industrial Average on Monday closed just shy of 35000 after gaining 126 on the day. Earnings report Second quarter earnings season kicks off this week with earnings from two big banks, along with some other companies. Pepsi co. came up withRead More →
All time records set again The S&P 500 rose to an all time high of: 4358 The Nasdaq closed at an all time high of: 14664 Big tech stocks do the heavy lifting Popular technology and internet stocks once again outperformed the market on Wednesday 7th July 2021. Investors boughtRead More →
S&P 500 record The S&P 500 climbed close to 0.6% to hit a new record closing high of 4266 reclaiming its previous record from 14th June and fully recovering the losses triggered by the Federal Reserve’s surprise policy pivot. Comments from Fed Chair Jerome Powell Tuesday reiterated that inflation pressures shouldRead More →
U.S. markets climbed to new highs Wednesday as the post pandemic upward momentum gained strength As the U.S. economy re-opens at break neck speed, financial rewards continue to flood the stock market. U.S.monetary and fiscal policy backed up with a tsunami of Fed ‘easy’ money have dramatically helped the economicRead More →
The only way is… up? The Nasdaq reached a record high on Monday 14th June 2021 as investors were tempted back into growth stocks ahead of a Federal Reserve two day meeting due to start on Tuesday 15th June 2021 Nasdaq The Nasdaq tech loaded index climbed 0.7% to anRead More →
Dow climbs 290 points to close at another record high, yields hit tech stocks The Dow Jones Industrial Index closed up at: 32779 a new record high. The S&P 500 closed up at: 3943 a new record high. Dow super charged The Dow jumped to another record high on FridayRead 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 →
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 →