Markets In Asia, Japan -0.9%. Hong Kong -0.2%. China -0.8%. India -0.3%. In Europe, at midday, London +0.2%. Paris -0.1%. Frankfurt +0.1%. Futures at 6:20, Dow flat. S&P flat. Nasdaq -0.1%. Crude +0.6% to $54.32. Gold -0.1% to $1256.90. Ten-year … Continue reading
Markets Nothing’s gonna stop us now? The Dow finished with a more than 30-point gain on Thursday, hitting its tenth record closing high in a row and matching the best streak of consecutive records since 1987. Futures are heading lower … Continue reading
Markets While it wasn’t a blowout quarter by any stretch – earnings growth is tracking about 7.5%, according to Thomson Reuters, only a below-average 1.5% improvement on the estimate at the start of Q4. But along with 5% revenue growth, … Continue reading
Markets More rate hike clues? The Federal Reserve will publish the minutes of its Jan. 31 – Feb. 1 meeting at 2 p.m. ET. Janet Yellen indicated in testimony before Congress last week that a rate increase at the central … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong -0.8%. China +0.4%. India +0.4%. In Europe, at midday, London flat. Paris +0.3%. Frankfurt +0.5%. Futures at 6:20, Dow +0.3%. S&P +0.2%. Nasdaq +0.3%. Crude +1.6% to $54.66. Gold -0.7% to $1230.80. Ten-year … Continue reading
Markets In Asia, Japan -0.6%. Hong Kong -0.3%. China -0.9%. India +0.6%. In Europe, at midday, London +0.2%. Paris -0.8%. Frankfurt -0.2%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.1%. Crude -0.5% to $53.49. Gold flat at $1241.10. Ten-year … Continue reading
Markets Two days of testimony from a more hawkish Janet Yellen has cemented the idea that the U.S. central bank will raise interest rates by midyear if not sooner. Yellen also said she opposes an intrusion on the Fed’s independence … Continue reading
Markets Two of today’s key reports – retail sales and the Consumer Price Index – may provide more clues than Janet Yellen about how soon the Fed could raise interest rates. The Chair testifies for a second day, this time … Continue reading
Markets The hot seat could be a bit more fiery than usual when Janet Yellen begins her semi-annual Congressional testimony at 10:00 a.m. ET. The Fed Chair is expected to defend the post-crisis banking rules President Trump has pledged to … Continue reading
Markets Traders are awaiting the release of OPEC’s monthly oil market report, and if production cuts come through as suggested, oil prices could push higher. Crude futures are currently down 0.6% to $53.53/bbl. On Friday, the IEA said compliance was … Continue reading