Markets Stocks are set to kick off the week with more losses, as the DJIA suggests another 200-point drop to erase New Year gains amid an escalation in geopolitical risk in the Middle East. Besides targeting 52 Iranian sites, President Trump threatened to … Continue reading
Markets A 400-point opening decline is in store for the DJIA after the U.S. took out one of the most senior and revered generals in Iran, Qassem Soleimani (top Iraqi paramilitary commander Abu Mahdi al-Mohandes was also killed). Oil is moving in … Continue reading
Markets Traders return to work Equities are starting the new year on the right foot, with Dow futures pointing to a 150-point advance at the open following a market boom in 2019. The festivities kicked off in Asia overnight, where the PBOC … Continue reading
Markets Final trading day of 2019 U.S. stock futures turned green overnight before the final trading session of the year after Wall Street slipped from record highs on Monday as investors booked profits. It was another exciting year for investors in … Continue reading
Markets In Asia, Japan -0.76%. Hong Kong +0.33%. China +1.16%. India +0.01%.In Europe, at midday, London -0.20%. Paris -0.18%. Frankfurt -0.49%.Futures at 6:20, Dow +0.08%. S&P +0.12%. Nasdaq +0.11%. Crude +0.03% to $61.74. Gold -0.15% to $1,515.8. Bitcoin +0.39% to $7,367.2.Ten-year Treasury Yield +4 bps to 1.91%. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:30 International Trade in Goods8:30 Retail Inventories … Continue reading
Markets Global equity markets spread holiday cheer U.S. stock futures all point up, following rising equity markets in Europe and Asia that brought global benchmarks to new records. S&P futures gained 0.2%, the Nasdaq rose 0.3% and the Dow added 0.3% In Asia, Japan -0.36%. … Continue reading
Markets Oil, gold gain on trade optimism Oil and gold prices gained in early hours after the positive comments on the U.S.-China trade deal. Brent crude and West Texas Intermediate both gained 0.4%, with the commodity also benefiting from an … Continue reading
Markets Markets are looking to celebrate a different Christmas Eve than the one last year, which saw the S&P 500 dip into bear market territory after President Trump teased about firing Fed Chair Jerome Powell amid rising interest rates. Easing trade … Continue reading
Markets More record highs in store Wall Street futures are starting a holiday-shortened week ahead by 0.2% on the back of easing geopolitical risks and China’s plans to cut import tariffs for its trading partners. In Asia, Japan flat. Hong Kong +0.1%. China -1.4%. … Continue reading
Markets More record highs Wall Street stocks rose to all-time highs on Thursday, with the S&P 500 index pushing past 3,200 for the first time, after Treasury Secretary Steven Mnuchin said the U.S. and China would sign their “phase one” … Continue reading