Markets U.S. stock index futures are looking at a positive open after a late drop in U.S. equities yesterday, stoked by the minutes of the Fed’s last policy meeting and fresh concerns about higher interest rates. In Asia, Japan -1.1%. … Continue reading
Markets In Asia, Japan +0.2%. Hong Kong +1.8%. China closed. India +0.4%. In Europe, at midday, London -0.2%. Paris -0.4%. Frankfurt -0.8%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq flat. Crude -0.9% to $61.25. Gold flat at $1331. Bitcoin -2.5% to $10948. Ten-year Treasury Yield flat at 2.88% (Source: Seeking Alpha) … Continue reading
Markets In Asia, Japan -1%. Hong Kong -0.8%. China closed. India -0.2%. In Europe, at midday, London -0.3%. Paris +0.1%. Frankfurt -0.1%. Futures at 6:20, Dow -0.8%. S&P -0.8%. Nasdaq -0.8%. Crude +0.5% to $61.83. Gold -1.1% to $1341. Bitcoin +2.1% to $11396. Ten-year Treasury Yield +3 bps to 2.91% (Source: Seeking Alpha) Economic … Continue reading
Markets Stocks finished mostly higher on Friday to keep their strong weekly gains intact ahead of the extended Presidents Day weekend, as the Dow and S&P 500 gained 4.3% and the Nasdaq jumped 5.3% for the week. There was a … Continue reading
Markets The S&P 500 and the DJIA have now rallied for five consecutive sessions since falling into correction territory last week, with both indexes up 4% and on track for their biggest weekly percentage rise since November 2016. The Nasdaq is up over 5%, … Continue reading
Markets U.S. stock index futures are pointing to a solid open, with DJIA futures up 262 points, or 1.1% to 25,124, brushing off increases to U.S. inflation that put fears in the market last week. While investors seem to be pointing to robust … Continue reading
Markets The inflation boogeyman may be in town today as investors focus on CPI data that could upset the market’s fragile recovery, or clear the way for additional gains. U.S. consumer prices rose 2.1% Y/Y in December and are forecast to … Continue reading
Markets A recovery for U.S. equities showed signs of faltering overnight, with DJIA futures dropping 186 points, or 0.8%, to 24,397, and S&P 500 and Nasdaq futures down 0.7%. Yesterday marked the second-straight winning session for U.S. stocks as investors went bargain hunting … Continue reading
Markets U.S. stock index futures are up by 1.2%, but with yields on U.S. 10-year Treasury paper touching a four-year top of 2.885%, it’s too early to sound an all-clear on volatility. Another upcoming challenge will be the release of U.S. … Continue reading
Markets In Asia, Japan -2.3%. Hong Kong -3.1%. China -4%. India -1.2%. In Europe, at midday, London -0.6%. Paris -1.2%. Frankfurt -1.3%. Futures at 6:20, Dow +0.6%. S&P +0.8%. Nasdaq +0.9%. Crude -1.1% to $60.50. Gold +0.2% to $1317.10. Bitcoin +0.4% to $8268. Ten-year Treasury Yield flat at 2.85% (Source: Seeking Alpha) Economic Calendar 8:30 Initial Jobless Claims … Continue reading