Markets In Asia, Japan +2.4%. Hong Kong +0.8%. China +0.7%. India +0.4%. In Europe, at midday, London -0.4%. Paris -0.3%. Frankfurt -0.3%. Futures at 6:20, Dow +0.06%. S&P -0.04%. Nasdaq -0.15%. Crude +2.8% to $49.30. Gold +0.5% to $1,292.30. Bitcoin +5.2% to $4,103. Ten-year Treasury Yield -1.4 bps to 2.645% (Source: Seeking Alpha) Economic … Continue reading
Markets A big market rebound is taking shape across the board after China’s commerce ministry announced that vice ministerial-level trade talks with the U.S. would be held on Jan. 7-8, as the two sides look to end a bruising dispute. … Continue reading
Markets The volatility continues… After closing the first trading session of the year in the green, U.S. stock futures plunged overnight as Apple (NASDAQ:AAPL) cut its quarterly revenue forecast for the first time since 2007. The unprecedented move in the … Continue reading
Markets With the first trading session of the year on deck, investors are sketching their market predictions for 2019. Will the trade war continue? How about volatility on Wall Street? Oil prices and OPEC? Dollar downturn? Next steps for monetary … Continue reading
Markets U.S. stock index futures are rallying ahead of the final trading session of the year amid optimism surrounding talks between the world’s two largest economies. President Trump said he had a “very good call” on trade with China’s Xi … Continue reading
Markets It’s a roller coaster ride on Wall Street heading into the penultimate trading day of the year. U.S. stocks roared back to end in positive territory on Thursday after suffering steep losses for much of the session, and the same … Continue reading
Markets Wednesday marked the biggest post-Christmas rally for U.S. stocks ever amid strong retail sales indications, surging oil prices and positive headlines from the White House. The DJIA jumped 1,086.25 points, or 4.98%, posting its largest single-day point gain in its … Continue reading
Markets Traders returning from the holiday are sending U.S. futures higher following the Grinch’s appearance on Christmas Eve that continued the market meltdown. President Trump has since praised U.S. companies, saying, “they have record kinds of numbers. So I think … Continue reading