Markets The Santa rally appears to be coming early this year as traders look set to push Wall Street further into record high territory today before taking off for Thanksgiving. The bullish trend has been underpinned by recent trade optimism, leading … Continue reading
Markets Data in the mix with stocks at records Signs of trade progress on Monday helped propel U.S. indices to records as the DJIA tacked on 190 points and returned to the 28,000 level. Dow futures are now ahead by 0.6%, though S&P … Continue reading
Markets Futures brighter as China acts on IP The latest trade headlines are giving U.S. stock index futures a boost to start the week, with the DJIA pointing to a gain of 72 points at the open. China announced it will raise … Continue reading
Markets In Asia, Japan +0.3%. Hong Kong +0.5%. China -0.6%. India -0.5%.In Europe, at midday, London +1%. Paris +0.3%. Frankfurt +0.1%.Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -0.4% to $58.34. Gold +0.5% to $1470.60. Bitcoin -10.4% to $7083.Ten-year Treasury Yield -2 bps to 1.7% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar 9:45PMI Composite Flash10:00Consumer Sentiment11:00Kansas … Continue reading
Markets In Asia, Japan -0.5%. Hong Kong -1.6%. China -0.3%. India -0.2%.In Europe, at midday, London -0.6%. Paris -0.1%. Frankfurt flat.Futures at 6:20, Dow -0.1%. S&P -0.1%. Nasdaq -0.1%. Crude -0.4% to $56.78. Gold -0.3% to $1469.20. Bitcoin -2.4% to $7879.Ten-year Treasury Yield +1 bps to 1.75% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 8:30Initial Jobless Claims8:30Philly Fed … Continue reading
Markets Global markets fall back Asian stocks fell back after President Trump’s threat to raise tariffs on Chinese goods reverberated across the Pacific Ocean. The Shanghai Composite Index fell 0.8% and Hong Kong’s Hang Seng Index was off 0.75%. Japan’s Nikkei slipped 0.6% and Australia’s … Continue reading
Markets Futures edge higher Equities posted fresh records on Monday, but closed little changed, as the Trump administration issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei. The next catalyst for stock market movement … Continue reading
Markets U.S. markets scored another hat trick on Friday as the S&P 500, Nasdaq and Dow hit fresh records, while the latter topped 28,000 for the first time ever. Stock futures now suggest gains of another 0.2% at the open. The move upward … Continue reading
Markets While major U.S. equity indexes recorded another flat close on Thursday, things are looking brighter ahead with DJIA futures up more than 100 points before the open. Trade developments… White House economic adviser Larry Kudlow signaled talks over the first phase of … Continue reading
Markets U.S. stock index futures are pulling back slightly, edging down 0.2%, after Disney (NYSE:DIS) shares on Wednesday lifted the DJIA and S&P 500 to record closing highs. Talks between Washington and Beijing are thought to have hit a snag over … Continue reading