Markets No stability, only volatility U.S. equity markets climbed 2.2% on Thursday as a surge in oil countered an eye-popping jobless claims report, which showed 6.6M people out of work, and some states even reporting that 10% of their workers are no … Continue reading
Markets Volatility is returning to the markets as U.S. stock futures climbed 2% overnight following Wall Street’s rocky start to the second quarter. It comes ahead of this morning’s closely-watched jobless claims report, which is likely to reinforce views that the longest employment … Continue reading
Markets Risk-off sentiment is seeping into the markets once again, with traders deciding their next moves as the second quarter kicks off. S&P 500 futures are down 3% and Dow futures are off more than 600 points, following a warning from President Trump … Continue reading
Markets Looking to extend the recent rally in equities and close Q1 on a more positive note, futures climbed another 0.7% overnight, building on yesterday’s gains that saw the S&P 500 soar 3.4% and Dow jump nearly 700 points. Source: Seeking Alpha https://seekingalpha.com/ Economic Calendar 8:55 Redbook … Continue reading
Markets It’s the first Monday in nearly a month that S&P 500 futures haven’t gone limit-down in reaction to alarming weekend news, though traders are still starting the week with caution. Market drowns in crude Traders are now betting on production … Continue reading
Markets A sharp rally on Thursday saw the Dow climb for a third straight session, recording a 21% surge that put the index back in bull territory. A pullback was seen overnight as Dow futures slid 575 points, while S&P 500 and Nasdaq … Continue reading
Markets Today’s weekly jobless claims report is set to grab the attention of both Wall Street and Main Street, offering proof that the economy is already in recession. The number, which could surge to at least one million, is especially in … Continue reading
Markets Up by nearly 3% for most of the night, stock index futures turned negative moments ago following Tuesday’s historic rally. The DJIA climbed more than 2,000 points, or 11.4%, marking its biggest percentage gain since 1933, while the S&P 500 soared 9.4% for its best day … Continue reading
Markets The rollercoaster on Wall Street continued overnight as U.S. stock index futures climbed 5% to hit ‘limit up’ levels. Fed surprises again The “whatever it takes” attitude was also seen by the Fed’s willingness to buy corporate bonds and corporate bond exchange … Continue reading
Markets Following a big turnaround on Friday that resumed a selloff on Wall Street, markets went into another tailspin overnight as a Senate vote on a coronavirus rescue package failed to gain sufficient traction. Futures have now trimmed their losses, with … Continue reading