Markets 10-year Treasury yield heads to 2% With risk aversion increasing globally in recent days, bonds are rallying. At the beginning of May, the yield on the 10-year Treasury was about 2.55%, but it’s now hovering around the 2.22% level, … Continue reading
Markets U.S. stock index futures are pointing to slight losses following Memorial Day weekend, with the DJIA down 27 points as caution prevailed over the fate of trade talks between Washington and Beijing. In Asia, Japan +0.4%. Hong Kong +0.4%. China +0.6%. India +0.2%. In Europe, at … Continue reading
Markets Wall Street is hoping to cap the last day of a tough week with modest gains, following a 300-point rout for the Dow Jones Industrial Average last night that tipped the benchmark into a week-to-date decline of just over 1%. … Continue reading
Markets EU elections, Brexit drama and the usual U.S.-China tensions are rattling U.S. stock index futures, with Dow and the S&P 500 down 1% and Nasdaq off by 1.5%. A flurry of U.S economic reports are also on tap, including the latest weekly … Continue reading
Markets In Asia, Japan +0.1%. Hong Kong +0.2%. China -0.5%. India +0.4%. In Europe, at midday, London +0.5%. Paris +0.1%. Frankfurt +0.3%. Futures at 6:20, Dow -0.3%. S&P -0.3%. Nasdaq -0.4%. Crude -0.8% to $62.65. Gold flat at $1273.50. Bitcoin -0.3% to $7911. Ten-year Treasury Yield flat at 2.42% (Source: Seeking Alpha) Economic Calendar http://mam.econoday.com/ 1:00Fed’s Bullard: … Continue reading
Markets In Asia, Japan -0.1%. Hong Kong -0.5%. China +1.2%. India -0.9%. In Europe, at midday, London +0.6%. Paris +0.5%. Frankfurt +1%. Futures at 6:20, Dow +0.5%. S&P +0.6%. Nasdaq +0.9%. Crude +0.3% to $63.38. Gold -0.2% to $1275.40. Bitcoin +0.8% to $7978. Ten-year Treasury Yield flat at 2.41% Economic Calendar http://mam.econoday.com/ 8:55Redbook Chain Store Sales10:00Existing Home Sales10:45Fed’s Evans Speech12:00 … Continue reading
Markets A move by the White House on Friday to remove steel import tariffs on Canada and Mexico added to optimism overnight, but U.S. stock index futures have now turned around, pointing to opening losses of 100 points for the DJIA. In … Continue reading
Markets In Asia, Japan +0.9%. Hong Kong -1.2%. China -2.5%. India -1.4%. In Europe, at midday, London -0.3%. Paris -0.4%. Frankfurt -0.8%. Futures at 6:20, Dow -0.4%. S&P -0.5%. Nasdaq -0.6%. Crude +1.2% to $63.60. Gold -0.1% to $1285.20. Bitcoin -10.1% to $7215. Ten-year Treasury Yield -2 bps to 2.38% (Source: Seeking Alpha) Economic Calendar http://mam.econoday.com/ 10:00Quarterly Services Report10:00Consumer … Continue reading
Markets It’s looking like another tough week for Wall Street, with DJIA futures off more than 300 points as investors await countermeasures from China after trade talks with the U.S. appeared to end in a stalemate. In Asia, Japan -0.8%. Hong Kong closed. China -1.2%. … Continue reading
Markets DJIA futures fell over 100 points overnight after President Trump’s tariff increase on $200B worth of Chinese goods took effect after midnight, but those losses have now been erased, while Shanghai closed up 3.1%. In Asia, Japan +0.3%. Hong Kong +0.8%. … Continue reading