Monthly Archives: April 2017

Market Commentary – April 28, 2017

U.S. equities closed slightly lower as investors assessed weaker than expected U.S. Q1 GDP data and heavy corporate earnings results. The Dow Jones industrial average fell 40.82 points (-0.19%) to settle at 20,547.76, mostly driven by Goldman Sachs and Intel. The S&P 500 … Continue reading

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Charts of the Day – April 26, 2017

On Tuesday, the U.S. has fired the opening shot in a latest softwood-lumber trade dispute against Canada, and the Trump administration announced 20% tariff on Canadian softwood lumber. Canada is the largest foreign trading partner for many US states. A retaliation might not … Continue reading

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Charts of the Day – April 24, 2017

Investors got what they expected post the first round of the French election; that is, Both Macron and Le Pen moved on to the run-off round, which will take place on May 7. The first round result as well as … Continue reading

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Market Commentary – April 21, 2017

U.S. stock market closed mostly lower as investors remained cautious ahead of the French election and digested comments from Donald Trump on tax reform. The Dow Jones industrial average was down 30.95 points (-0.15%) to settle at 20,547.76 as gains from … Continue reading

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