Markets Wall Street will be looking for more record highs during today’s session, as Dow futures point to a 75-point advance after closing above 29,000 for the first time on Wednesday. Investors are reacting to details of the U.S.-China “Phase One” trade agreement, … Continue reading
Markets In Asia, Japan -0.5%. Hong Kong -0.4%. China -0.5%. India -0.2%.In Europe, at midday, London +0.2%. Paris -0.1%. Frankfurt -0.1%.Futures at 6:20, Dow -0.2%. S&P -0.2%. Nasdaq -0.2%. Crude -0.4% to $58.00. Gold +0.6% to $1554. Bitcoin +3.1% to $8746.Ten-year Treasury Yield -3 bps to 1.79% (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar 8:30 Producer Price Index8:30 Empire State … Continue reading
Markets In Asia, Japan +0.7%. Hong Kong -0.2%. China -0.3%. India +0.2%.In Europe, at midday, London +0.2%. Paris -0.2%. Frankfurt flat.Futures at 6:20, Dow flat. S&P flat. Nasdaq -0.1%. Crude +0.4% to $58.33. Gold -0.3% to $1545.90. Bitcoin +4.9% to $8507.Ten-year Treasury Yield flat at 1.84% Source: Seeking Alpha https://seekingalpha.com Economic Calendar 8:30 Consumer Price Index8:55 Redbook … Continue reading
Markets After briefly topping the 29,000 milestone on Friday, the Dow looks set to firmly regain the level today as futures start the week with a 125-point advance. The blue-chip market benchmark has now racked up 10,676 points since election day 2016 … Continue reading
Markets The Labor Department’s closely watched monthly employment report this morning could buttress the Fed’s assessment that both the economy and monetary policy are in a “good place.” U.S. stock futures are pointing to more records (Dow 29K?) ahead of the … Continue reading
Markets U.S. equities are once again positive for the year as a de-escalation between the U.S. and Iran led shares back to the black on Wednesday. Stepping away from military retaliation, President Trump said he would instead tighten sanctions on the … Continue reading
Markets Markets have recovered following initial panic after Iran launched more than a dozen ballistic missiles at bases housing U.S. troops in Iraq. Down by nearly 400 points overnight, DJIA futures have recouped all of their losses, while oil has given back gains … Continue reading
Markets In Asia, Japan +1.6%. Hong Kong +0.3%. China +0.7%. India +0.5%.In Europe, at midday, London +0.1%. Paris +0.6%. Frankfurt +1.1%.Futures at 6:20, Dow +0.2%. S&P +0.2%. Nasdaq +0.3%. Crude -0.6% to $62.91. Gold -0.1% to $1567.90. Bitcoin +4.4% to $7868. (Source: Seeking Alpha) https://seekingalpha.com/ Economic Calendar 8:30 International Trade8:55 Redbook Chain Store Sales10:00 Factory Orders10:00 ISM Non-Manufacturing Index1:00 PM Results … Continue reading
Markets Stocks are set to kick off the week with more losses, as the DJIA suggests another 200-point drop to erase New Year gains amid an escalation in geopolitical risk in the Middle East. Besides targeting 52 Iranian sites, President Trump threatened to … Continue reading
Markets A 400-point opening decline is in store for the DJIA after the U.S. took out one of the most senior and revered generals in Iran, Qassem Soleimani (top Iraqi paramilitary commander Abu Mahdi al-Mohandes was also killed). Oil is moving in … Continue reading