Markets In Asia, Japan -1.5%. Hong Kong -1.2%. China -1.1%. India -1.4%. In Europe, at midday, London -0.3%. Paris -0.2%. Frankfurt -0.1%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.3% to $61.22. Gold +0.3% to $1289.10. Bitcoin -1.6% to $5813. Ten-year Treasury Yield flat at 2.44% Economic Calendar http://mam.econoday.com/ 7:00MBA Mortgage Applications8:30Fed’s Brainard Speech10:30EIA Petroleum Inventories1:00 PMResults … Continue reading
Markets U.S. markets on Mondayrecovered most of their lost ground after a steep initial plunge, as stocks stabilized amid hopes that a trade agreement could get back on track. China has confirmed that Vice Premier Liu He will visit the … Continue reading
Markets Investors are dumping risk in markets all over the world as an equity selloff takes hold following a tweet from President Trump that threatened to upend trade talks with China. With discussions moving “too slowly,” tariffs on $200B worth of … Continue reading
Markets Dow futures are up 75 points, with S&P 500 and Nasdaq futures ahead by 0.3% and 0.5%, respectively, ahead of the Labor Department’s closely watched monthly employment report that’s likely to signal little desire to adjust monetary policy anytime … Continue reading
Markets In Asia, Japan closed. Hong Kong +0.8%. China closed. India -0.1%. In Europe, at midday, London -0.1%. Paris -0.5%. Frankfurt +0.2%. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -1.1% to $62.88. Gold -0.9% to $1272.10. Bitcoin +1.3% to $5367. Ten-year Treasury Yield +1 bps to 2.52% Source: Seeking Alpha http://mam.econoday.com/ 7:30Challenger Job-Cut Report8:30Productivity and … Continue reading
Markets The FOMC is expected to leave borrowing costs unchanged today as it maintains a “patient” monetary policy stance in the midst of a strategy rethink. It’s a tough balancing act for Fed Chairman Jerome Powell, who will want to avoid … Continue reading
Markets U.S. stock index futures are pointing to a muted open for a second consecutive session despite a jump in U.S. consumer spending seen Monday that propelled U.S. shares to a record high. The S&P 500 topped its intraday record … Continue reading
Markets U.S. stock index futures are pointing to a muted open ahead of this morning’s release of the Fed’s preferred inflation gauge – the PCE deflator – with any slowing in core prices likely to boost market bulls following Friday’s strong … Continue reading
Markets U.S. stock futures are marginally lower as investors await official domestic GDP data and another batch of corporate earnings to wrap up the week. Economists surveyed by The Wall Street Journal estimate GDP rose at a 2.5% annual rate for the … Continue reading
Markets In Asia, Japan +0.48%. Hong Kong -0.86%. China -2.43%. India -0.76%. In Europe, at midday, London -0.41%. Paris -0.19%. Frankfurt -0.04%. Futures at 6:20, Dow -0.06%. S&P +0.03%. Nasdaq +0.14%. Crude +0.39% to $66.15. Gold flat at $1,279.50. Bitcoin -1.2% to $5,433. Ten-year Treasury Yield +0.7bps to 2.531%. Source: Seeking Alpha Economic Calendar http://mam.econoday.com/ 8:30Durable Goods8:30Initial Jobless … Continue reading