Markets “Stocks skyrocket on stimulus hopes,” “tank after the Fed’s half-point cut” (could’ve done more?), then “soar again following Biden’s Super Tuesday success,” are some of the headlines we’ve seen over the last few days as market watchers try to assign … Continue reading
Markets The strongest day in more than a decade immediately followed the worst week since the financial crisis (talk about volatility). The Dow surged over 5% on Monday, while the S&P 500 and Nasdaq each jumped more than 4%, boosted by expectations of central … Continue reading
Markets Big swings in the U.S. futures market are keeping traders on edge following the worst one-week decline for stocks since the global financial crisis. After a dramatic rise-and-fall, U.S. futures pointed to an advance of 2% for most of the night, before … Continue reading
Markets Worst Week Since The Financial Crisis Stock sentiment swung wildly overnight, with DJIA futures plunging as much as 600 points only to recover those losses, and are now off 0.9%. It’s been an overall wild week: The Dow, S&P 500 and Nasdaq … Continue reading
Markets Falling by nearly 400 points in the overnight session, Dow futures have pared losses to 115 points, while S&P 500 and Nasdaq futures are down 0.5%. Pressure mounts on Fed Dipping into uncharted waters, benchmark 10-year U.S. Treasury bond yields fell below … Continue reading
Markets Will the global equity selloff extend for another day? That’s the question traders are asking this morning as U.S. futures hovered between significant gains and losses overnight (they’re currently up by 0.2%-0.5%). Nearly 6.3% and an estimated $1.7T in value has been … Continue reading
Markets Relief rally was in the works overnight as investors retraced some of yesterday’s historic losses, though markets are still trying to find their footing. Up by as much as 1% earlier, U.S. stock index futures are now hugging the flatline after briefly … Continue reading
Markets A major selloff in equities is making its way across the globe as the number of new coronavirus cases flares outside China, with the disease now spreading to at least 28 countries. Italy has canceled all public events in Venice … Continue reading
Markets Jitters over the virus are sending investors to safe haven assets following another upward revision in cases, which now stand at 75,465 in China and 2,236 deaths nationwide. U.S. equity futures slipped 0.5% and oil fell nearly 2%, though gold remains on … Continue reading
Markets S&P 500 and Nasdaq notched new closing highs on Wednesday, though stock index futures are now debating direction after inching between gains and losses overnight. Fed minutes The FOMC viewed “current stance of monetary policy” as “appropriate to support … Continue reading