Markets Stocks set the stage to open higher following the S&P 500’s worst day since the financial crisis after President Trump said he’ll discuss a payroll tax cut with Congress and that he’s considering other relief measures. S&P futures are up … Continue reading
Markets Black Swans Circle Longest Bull A sea of red was seen around the world, with the Euro Stoxx 50 Index now down nearly 7%, Japan’s Nikkei tumbling about 5% and Italy on the edge of a bear market. Amid an increase in … Continue reading
Markets Stability nowhere to be seen More pain will come at the open, with Dow futures sinking 652 points and the S&P 500 and Nasdaq down 2.7% and 2.9%, respectively. The spread of coronavirus has accelerated in the U.S., and investors who once … Continue reading
Markets Things are turning around fast again following a massive rally in the previous session, with Dow futures off by nearly 500 points and S&P 500/Nasdaq futures down by 1.9%. In Asia, Japan +1.1%. Hong Kong +2.1%. China +2%. India +0.2%.In Europe, at midday, London -1.6%. Paris -1.6%. Frankfurt -1.6%.Futures at … Continue reading
Markets “Stocks skyrocket on stimulus hopes,” “tank after the Fed’s half-point cut” (could’ve done more?), then “soar again following Biden’s Super Tuesday success,” are some of the headlines we’ve seen over the last few days as market watchers try to assign … Continue reading
Markets The strongest day in more than a decade immediately followed the worst week since the financial crisis (talk about volatility). The Dow surged over 5% on Monday, while the S&P 500 and Nasdaq each jumped more than 4%, boosted by expectations of central … Continue reading
Markets Big swings in the U.S. futures market are keeping traders on edge following the worst one-week decline for stocks since the global financial crisis. After a dramatic rise-and-fall, U.S. futures pointed to an advance of 2% for most of the night, before … Continue reading
Markets Worst Week Since The Financial Crisis Stock sentiment swung wildly overnight, with DJIA futures plunging as much as 600 points only to recover those losses, and are now off 0.9%. It’s been an overall wild week: The Dow, S&P 500 and Nasdaq … Continue reading
Markets Falling by nearly 400 points in the overnight session, Dow futures have pared losses to 115 points, while S&P 500 and Nasdaq futures are down 0.5%. Pressure mounts on Fed Dipping into uncharted waters, benchmark 10-year U.S. Treasury bond yields fell below … Continue reading
Markets Will the global equity selloff extend for another day? That’s the question traders are asking this morning as U.S. futures hovered between significant gains and losses overnight (they’re currently up by 0.2%-0.5%). Nearly 6.3% and an estimated $1.7T in value has been … Continue reading