Markets The S&P 500 and the DJIA have now rallied for five consecutive sessions since falling into correction territory last week, with both indexes up 4% and on track for their biggest weekly percentage rise since November 2016. The Nasdaq is up over 5%, … Continue reading
Markets U.S. stock index futures are pointing to a solid open, with DJIA futures up 262 points, or 1.1% to 25,124, brushing off increases to U.S. inflation that put fears in the market last week. While investors seem to be pointing to robust … Continue reading
Markets The inflation boogeyman may be in town today as investors focus on CPI data that could upset the market’s fragile recovery, or clear the way for additional gains. U.S. consumer prices rose 2.1% Y/Y in December and are forecast to … Continue reading
Markets A recovery for U.S. equities showed signs of faltering overnight, with DJIA futures dropping 186 points, or 0.8%, to 24,397, and S&P 500 and Nasdaq futures down 0.7%. Yesterday marked the second-straight winning session for U.S. stocks as investors went bargain hunting … Continue reading
Markets U.S. stock index futures are up by 1.2%, but with yields on U.S. 10-year Treasury paper touching a four-year top of 2.885%, it’s too early to sound an all-clear on volatility. Another upcoming challenge will be the release of U.S. … Continue reading
Markets In Asia, Japan -2.3%. Hong Kong -3.1%. China -4%. India -1.2%. In Europe, at midday, London -0.6%. Paris -1.2%. Frankfurt -1.3%. Futures at 6:20, Dow +0.6%. S&P +0.8%. Nasdaq +0.9%. Crude -1.1% to $60.50. Gold +0.2% to $1317.10. Bitcoin +0.4% to $8268. Ten-year Treasury Yield flat at 2.85% (Source: Seeking Alpha) Economic Calendar 8:30 Initial Jobless Claims … Continue reading
Markets In Asia, Japan -1.1%. Hong Kong +0.4%. China -1.4%. India +1%. In Europe, at midday, London -0.8%. Paris -1%. Frankfurt -1.4%. Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.1%. Crude -0.9% to $61.26. Gold -0.1% to $1313.70. Bitcoin +11.9% to $8483. Ten-year Treasury Yield flat at 2.83% (Source: Seeking Alpha) Economic Calendar 8:30 Initial Jobless Claims … Continue reading
Markets In Asia, Japan +0.2%. Hong Kong -0.9%. China -1.8%. India -0.3%. In Europe, at midday, London +0.4%. Paris +0.8%. Frankfurt +0.7%. Futures at 6:20, Dow -1%. S&P -1%. Nasdaq -1%. Crude -0.2% to $63.24. Gold +0.1% to $1330.80 Bitcoin +7.5% to $8277. Ten-year Treasury Yield flat at 2.77% (Source: Seeking Alpha) Economic Calendar 6:00 Fed’s Kaplan speech … Continue reading
Markets Following steep losses throughout the night, U.S. stock index futures are see-sawing between positive and negative territory, while the global selloff continues in Europe and Asia. The DJIA posted its largest-ever, single-day point decline yesterday, while the S&P 500 erased … Continue reading
Markets Continuing their recent selloff,equities are sharply lower this morning after the DJIA closed more than 600 points lower Friday, marking only the ninth time in history that has happened. Bears appear to be fearful about the sudden acceleration in bond … Continue reading