Markets The yield on the benchmark 10-year Treasury note is ticking lower, down 2 bps to 2.59%, as investors await a policy decision by the Federal Reserve. The U.S. central bank is widely expected to keep rates steady and lower its … Continue reading
Markets There’s another positive session in store for Wall Street, with U.S. stock index futures pointing to gains of 0.3%. Market focus is largely attuned to central bank expectations, with the Fed due to kick-off its two-day policy meeting later in the … Continue reading
Markets U.S. stock index futures are deciding on direction to start the week, with the Dow down 0.1%, the Nasdaq up 0.1% and S&P 500 flat. Significant catalysts in the days ahead? There’s a slew of central bank gatherings, including monetary policy decisions from … Continue reading
Markets This week has so far seen a 500-point rise in the DJIA, and futures are tagging on another 80 points to the index. It’s also been a big week for the S&P 500 and Nasdaq, with both pointing to gains of … Continue reading
Markets In Asia, Japan flat. Hong Kong +0.2%. China -1.2%. India flat. In Europe, at midday, London +0.5%. Paris +0.4%. Frankfurt flat. Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.1%. Crude +0.1% to $58.29. Gold -0.8% to $1298.30. Bitcoin +0.4% to $3851. Ten-year Treasury Yield +2 bps to 2.63% (Source: Seeking Alpha) Economic … Continue reading
Markets In Asia, Japan -1%. Hong Kong -0.4%. China -1.1%. India +0.6%. In Europe, at midday, London flat. Paris +0.3%. Frankfurt -0.1%. Futures at 6:20, Dow -0.1%. S&P +0.1%. Nasdaq +0.1%. Crude +1.1% to $57.47. Gold +0.8%to $1308.50. Bitcoin -1% to $3829. Ten-year Treasury Yield +2 bps to 2.62% Source: Seeking Alpha Economic Calendar http://mam.econoday.com/ 7:00MBA Mortgage Applications8:30Durable … Continue reading
Markets In Asia, Japan +1.8%. Hong Kong +1.5%. China +1.1%. India +1.3%. In Europe, at midday, London +0.1%. Paris +0.1%. Frankfurt +0.1%. Futures at 6:20, Dow +0.1%. S&P +0.2%. Nasdaq +0.4%. Crude +1.1% to $57.42. Gold +0.4%to $1296.70. Bitcoin +0.6% to $3868. Ten-year Treasury Yield +2 bps to 2.66% Source: Seeking Alpha http://mam.econoday.com/ 6:00NFIB Small Business Optimism Index8:30Consumer Price … Continue reading
Markets U.S. stock futures are trading mixed ahead of the open. The Dow is flagging triple-digit declines as Boeing (BA) shares tumble, while the S&P 500 is flat and Nasdaq futures are up 0.3%. A mixed employment report on Friday also … Continue reading
Markets It will be hard to match January’s big gain of 304,000 jobs, but another strong increase in payrolls is expected despite a bad winter seen by weather-sensitive industries. Nonfarm payrolls likely increased by 181,000 in February, with the unemployment rate … Continue reading
Markets Global stocks are in a sluggish trend just ahead of today’s European Central Bank meeting. Japan’s Nikkei average fell 0.7%, while Hong Kong’s Hang Seng dropped 0.9% and South Korea’s Kospi declined 0.5%. Chinese blue chip names also snapped a four-day winning streak. In … Continue reading