Markets Healthcare stocks will be in focus today after the GOP unveiled its Obamacare replacement bill. Alongside the end of health insurance mandates, the proposal would create a new tax credit tied to a person’s age and income for those … Continue reading
Markets In Asia, Japan -0.5%. Hong Kong +0.2%. China +0.2%. India +0.8%. In Europe, at midday, London -0.3%. Paris -0.4%. Frankfurt -0.4%. Futures at 6:20, Dow -0.2%. S&P -0.3%. Nasdaq -0.2%. Crude -0.7% to $52.94. Gold +0.3% to $1230.50. Ten-year … Continue reading
Markets More cries for a March rate hike may be heard today as investors shift their attention to Janet Yellen, who will speak at 1 p.m. ET at the Executives’ Club of Chicago. Market expectations for an increase are already … Continue reading
Markets U.S. equities surged to all-time highs on Wednesday, with major indexes posting their best day of the year, on the back of President Trump’s speech to Congress and a more hawkish Fed. The Dow advanced about 300 points to … Continue reading
Markets U.S. futures are flying higher following Donald Trump’s first address to Congress. The President pledged to overhaul the immigration system, improve jobs and wages for Americans, and promised “massive” tax relief to the middle class and tax cuts for … Continue reading
Markets Saudi Arabia wants crude prices to rise to around $60 a barrel this year, according to oil industry sources. That’s the level the OPEC heavyweight and its Gulf allies believe would encourage investment in new fields but not lead … Continue reading
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