Markets This week’s highlight is Wednesday’s decision by the Federal Reserve that will likely see Chairman Jerome Powell and colleagues cut interest rates for the first time in more than a decade, and leave open the possibility of further action … Continue reading
Markets U.S. futures point to a modestly higher open after Thursday’s decline and with a fresh batch of earnings due this morning. In Asia, Japan -0.45%. Hong Kong -0.69%. China +0.24%. India +0.29%. In Europe, at midday, London +0.48%. Paris +0.53%. Frankfurt +0.44%. Futures at 6:20, Dow +0.30%. S&P +0.32%. Nasdaq +0.46%. Crude +0.6%to … Continue reading
Markets U.S. futures were mixed early Thursday as the Dow tracks higher with the S&P 500 nearly flat and the Nasdaq indicating lower after yesterday’s semiconductor-driven highs. In Asia, Japan +0.22%. Hong Kong +0.25%. China +0.62%. India -0.17%. In Europe, at midday, London +0.10%. Paris +0.28%. Frankfurt -0.21%. Futures at … Continue reading
Markets In Asia, Japan +0.4%. Hong Kong +0.2%. China +0.8%. India -0.4%. In Europe, at midday, London -0.8%. Paris -0.5%. Frankfurt +0.2%. Futures at 6:20, Dow -0.3%. S&P -0.4%. Nasdaq -0.7%. Crude +0.4% to $56.97. Gold +0.4% to $1426.80. Bitcoin -2.1% to $9758. Ten-year Treasury Yield -2 bps to 2.05% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar http://mam.econoday.com/ 9:45PMI Composite Flash10:00New … Continue reading
Markets Opening gains Lots of things are going for stocks this morning as U.S. index futures head back to record highs. Contracts tied to the Dow, S&P 500 and Nasdaq are all up by 0.3% after the U.S. and China moved closer … Continue reading
Markets Crude futures climbed 2% overnight to over $57/bbl after oil spiked late Friday on news that Iran had seized a British oil tanker in the Strait of Hormuz. In Asia, Japan -0.2%. Hong Kong -1.5%. China -1.3%. India -0.8%. In Europe, at midday, London +0.3%. Paris flat. … Continue reading
Markets In Asia, Japan +2%. Hong Kong +1.1%. China +0.8%. India -1.4%. In Europe, at midday, London -0.2%. Paris -0.2%. Frankfurt flat. Futures at 6:20, Dow +0.4%. S&P +0.4%. Nasdaq +0.5%. Crude +1.4% to $56.19. Gold +0.8% to $1439.10. Bitcoin +5.1% to $10326. Ten-year Treasury Yield flat at 2.04% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar http://mam.econoday.com/ 10:00Consumer Sentiment11:05Fed’s Bullard: … Continue reading
Markets In Asia, Japan -0.3%. Hong Kong -0.1%. China -0.2%. India +0.2%. In Europe, at midday, London -0.1%. Paris flat. Frankfurt flat. Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude +0.8% to $58.05. Gold -0.6%to $1402.60. Bitcoin -12.6% to $9359. Ten-year Treasury Yield -2 bps to 2.1% Source: Seeking Alpha https://seekingalpha.com/ http://mam.econoday.com/ 8:30Housing Starts10:30EIA Petroleum Inventories12:30 … Continue reading
Markets Futures pause before earnings Wall Street inched up to notch a fresh record close on Monday, but stock index futures are now in wait-and-see mode as earnings season gets underway in earnest. Goldman Sachs (NYSE:GS), JPMorgan (NYSE:JPM), Wells Fargo … Continue reading
Markets Big banks start reporting Q2 earnings today and investors will be closely watching for signs of how much the Fed’s change in rate policy could hurt the banking business. The rate curve has also been flattening, making it harder … Continue reading