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Markets It might be time to get on the party hats. Dow futures are up 0.2% after the blue-chip index yesterday came within 20 points of hitting 20,000. Its ongoing flirtation with the key level has become the talk of … Continue reading
David Dube
Markets Global equities and U.S. futures are largely unchanged as some of the world’s major financial markets reopened following a long holiday weekend. Although trading is expected to be thin this week, some are saying that concerns about Italian banks, … Continue reading
Markets It’s hard to find a pulse in the currency market today as dealers pack up for the holidays, though the mood remains bullish for more dollar gains in the New Year. “Yields spreads should attract more capital into the … Continue reading
Markets Pre-market action suggests that the drive to hit 20,000 on the Dow may not happen so quickly, with thin trading expected as traders pack up for Christmas. But some of the year’s final economic reports could help turn the … Continue reading
Markets The Dow Jones industrial average is within striking distance of 20,000 and some investors believe that piercing that level would signal the recent rally may continue. The U.S. stock market as a whole has added $1.6T since the election … Continue reading
Markets The dollar is climbing back towards a 14-year high after Janet Yellen flagged strength in the U.S. jobs market, while fallout from attacks in Germany, Turkey and Switzerland are putting pressure on the euro, pushing the currency back below … Continue reading
Markets Donald Trump is set to seal his Presidential victory today as the electoral college meets for a vote that is usually routine but takes place this year amid allegations of election hacking by Russia. Its 538 members are due … Continue reading
Markets Global markets are stable overnight, and the euro, yen and pound all recover a bit of ground against the dollar, as the greenback surged to 14-year highs vs. the euro and a broader basket of currencies yesterday as markets repositioned … Continue reading
Markets Crude oil prices are recovering from their slide after the Federal Reserve hiked interest rates yesterday. A stronger U.S. dollar is seen as a possible concern on demand. Investors expect a tight market in 2017 on their faith in … Continue reading
Markets ‘Tis the season for rate hikes. At 2 p.m. ET the Federal Reserve is expected to announce its first interest rate increase since last December and only the second since the financial crisis. But what’s less widely known is … Continue reading