Markets U.S. stock index futures are at session lows two-and-one-half hours ahead of the open, with the S&P 500 and Nasdaq 100 down 0.5%, and DJIA down 0.4%.Shanghai’s 1.6% decline led Asia lower overnight, and Germany’s off 1.6% to lead … Continue reading
Markets U.S. futures are hugging the flatline as traders brushed off jitters related to the Brussels attacks and appetite for equities waned ahead of the long Easter weekend. “Generally, the impact of terror attacks has become less and less dramatic … Continue reading
Markets Just a few days after the FOMC slashed its forecast for the number of rate hikes this year, two Fed speakers suggested the central bank could move as soon as its next meeting. “There is sufficient momentum evidenced by … Continue reading
Markets U.S. inflation will likely accelerate in coming years and move toward the Federal Reserve’s 2% target, Richmond Fed President Jeffrey Lacker said during a speech at the Banque de France in Paris. “Inflation has been held down recently by … Continue reading
Markets Crude prices are flirting with new 2016 highs, as U.S. oil heads for a fifth week of gains, marking the longest rising streak in about a year for the benchmark. The run has brought WTI above $40 per barrel, … Continue reading
Markets U.S. futures are indicating a lower open on Wall Street, despite a dovish statement from the Federal Reserve Wednesday afternoon that boosted stocks and sent the S&P 500 to its highest level of the year. The Fed held rates … Continue reading
Markets Global shares are holding steady as markets await the outcome of the U.S. Federal Reserve’s policy meeting. While no rate move is expected at the Fed’s gathering, it does include updates of members’ economic projections and a news conference … Continue reading
Markets Waiting to assess the impact of its entry into negative interest rates, the Bank of Japan kept its powder dry following the second day of its March policy meeting, but downgraded its assessment of the economy. Exports and production … Continue reading
Markets Global shares are trading higher across the board, buoyed by last week’s gains on Wall Street that saw the Dow and S&P 500 close above their 200-day moving averages for the first time this year. Investors are also shaking … Continue reading
Markets Fickle financial markets have once again proven how volatile they can be. For nearly an hour on Thursday, stocks were roaring after ECB President Mario Draghi announced a range of better-than-expected stimulus measures, but fell back during his usual … Continue reading