Markets The S&P 500 index today is still poised to break the longest-running bull market in history, fueled by strong earnings, tax cuts and economic growth. The Fed is scheduled to release the minutes from its Aug. 1. gathering … Continue reading
Markets The S&P 500 will tie the record for the longest U.S. bull market in history today at nearly 3,500 days, rising more than 320% since March 9, 2009. It’s a record few would have predicted when stocks struggled to … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong +1.4%. China +1.1%. India +0.9%. In Europe, at midday, London +0.5%. Paris +0.7%. Frankfurt +1%. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -0.4% to $64.93. Gold +0.7% to $1193. Bitcoin -1.1% to $6412. Ten-year Treasury Yield -1 bps to 2.86% (Source: Seeking Alpha) Economic … Continue reading
Markets U.S. stock futures waver between small gains and losses following yesterday’s strong gains, which included the Dow’s biggest advance since April, mostly in reaction to positive trade developments between the U.S. and China. European bourses are edging slightly lower, … Continue reading
Markets Crude oil prices are slightly lower after yesterday’s shock surge in U.S. stockpiles. Total petroleum inventories rose a strong 17.4M barrels in the EIA report, just as new concerns over global demand cropped up. Analysts note that a perky … Continue reading
Markets Crude oil prices continue their slide after the API reported an inventory build of 3.6M barrels for the week ended August 10 vs. a draw of 6M barrels the previous week. There was a draw in gasoline stocks of … Continue reading
Markets The S&P 500 Index has a fighting chance to avoid recording its fifth straight decline as global markets shake off Turkish currency jitters. In Asia, the Nikkei carved out a 1.2% gain after a lower yen set the stage for buying … Continue reading
Markets U.S. stock futures point to a lower open, following other global markets lower in reaction to Turkey’s economic turmoil and fears of possible contagion. European bourses are following Friday’s sharp losses with a somewhat milder dropoff, with Germany’s DAX … Continue reading
Markets In Asia, Japan -1.3%. Hong Kong -0.8%. China flat. India -0.4%. In Europe, at midday, London -0.7%. Paris -1.1%. Frankfurt -1.6%. Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.5%. Crude +0.2% to $66.91. Gold -0.1% to $1218.20. Bitcoin -2.6% to $6368. Ten-year Treasury Yield -3 bps to 2.9% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan -0.2%. Hong Kong +0.9%. China +1.8%. India +0.4%. In Europe, at midday, London -0.7%. Paris -0.2%. Frankfurt +0.2%. Futures at 6:20, Dow +0.1%. S&P +0.1%. Nasdaq +0.1%. Crude flat at $66.93. Gold +0.1% to $1222.60. Bitcoin +1.1% to $6346. Ten-year Treasury Yield flat at 2.96% (Source: Seeking Alpha) … Continue reading