Markets Stocks gear up for another run at the elusive Dow 20K mark today after the S&P 500 Index closed just off its record high yesterday. Yesterday’s ho-hum reaction to the report on FOMC minutes shows that investors are taking … Continue reading
Markets Stocks could benefit today from investors adding new positions for the new year, as markets await the Fed’s minutes for any clues on what the central bank is looking for from the incoming Trump administration. Economic stimulus? Tax reform? Reduced … Continue reading
Markets With the first trading session of the year on deck, investors are sketching their market predictions for 2017. Which sectors will be hot? Will the oil rally continue? Is the IPO market poised for a comeback? More record M&A? … Continue reading
Markets The euro surged as much as 1.6% against the dollar overnight as a rush of computer-generated orders caught traders off guard. The sudden move started under $1.05 and algorithmic orders snowballed above that level, causing what little liquidity there … Continue reading
Markets The Santa rally has run out of steam. U.S. stocks declined on Wednesday in the second biggest loss since the election. The Dow opened just a short hop away from 20,000 but then lost 111 points, falling to 19,833, … Continue reading
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
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