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
Markets In Asia, Japan -0.3%. Hong Kong -0.3%. China flat. India +0.3%.In Europe, at midday, London flat. Paris flat. Frankfurt -0.3%.Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq flat. Crude steady at $60.83. Gold unmoved at $1478.70. Bitcoin +8.1% to $7160.Ten-year Treasury Yield +2 bps to 1.94% Source: Seeking … Continue reading
Markets Sixth day of gains? The S&P closed higher for the fifth consecutive session on Tuesday, notching its longest winning streak since November. Stronger-than-expected housing data continued to support the bullish case for stocks as investors await more details about … Continue reading
Markets In Asia, Japan +0.5%. Hong Kong +1.2%. China +1.3%. India +1%.In Europe, at midday, London -0.2%. Paris -0.4%. Frankfurt -0.8%.Futures at 6:20, Dow -0.1%. S&P flat. Nasdaq flat. Crude steady at $60.21. Gold +0.2% to $1483.80. Bitcoin -2.6% to $6885.Ten-year Treasury Yield -3 bps to 1.87% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 8:30 Housing … Continue reading
Markets Stocks across the globe are going green again as investors digest the Phase One trade deal, which is expected to nearly double U.S. exports to China over the next two years. Shanghai is ahead by 0.6% and the Euro Stoxx 50 up 0.8%, … Continue reading
Markets Fresh record highs Stocks soared across the board overnight on news of an imminent trade deal between the U.S. and China, as well as the end to Brexit deadlock, as traders crave some certainty in what is already a … Continue reading
Markets Dovish Fed Decision Building on yesterday’s gains, Dow and S&P 500 futures are up 0.2% and Nasdaq futures are ahead by 0.5%, after the Fed held rates steady and signaled little chance of a near-term move. In Asia, Japan +0.2%. Hong Kong +1.3%. China -0.3%. … Continue reading
Markets Fed decision U.S. stock index futures are still in a holding pattern as investors guess whether the U.S. and China will announce some form of trade deal before Sunday. Eyes are also on the Fed’s last policy meeting of … Continue reading