US equity futures rose on Monday after a strong employment report and before new data expected to show a recovery in the US services sector. Futures linked to the S&P 500 rose …
Read More »US stocks open higher on signs of an economic rebound
Here’s the $ 4.5 trillion ‘firepower’ that will drive stocks higher in April, says top strategist
A new month has gotten off to a bullish start, or so it seems, as equity futures rally after a better-than-expected gain of 916,000 jobs in March Friday, underpinning investors’ hopes of …
Read More »US Stock Futures Soar After Strong Employment Report
US stock futures soared Sunday night, rising after Friday’s encouraging employment report. Dow Jones YM00 Industrial Average Futures, + 0.64% were up more than 200 points Sunday night, or 0.6%, while S&P …
Read More »US Treasury Yields Rise After Strong Jobs Report
US government bond yields rose after new data showed a big jump in hiring in March, giving investors more reason to be optimistic about the economic outlook. The yield on the benchmark …
Read More »Oil rises as shipping remains paralyzed in the Suez Canal, but US prices post a weekly loss
Crude oil futures ended higher on Friday when a 220,000-ton cargo ship blocked the Suez Canal for the fourth day in a row and efforts to dislodge one of the world’s largest …
Read More »Friday’s jobs report will be released on a closed stock market; that has only happened 12 times since 1980
Good Friday is next week and the markets will be closed as usual. What will be unusual, however, is that the shutdown of financial exchanges in the US and some other parts …
Read More »The housing market is already on fire, and inflation will soon follow, argues this former Morgan Stanley economist.
The bond market has stabilized after a big selloff, and that has comforted stocks. The Nasdaq Composite COMP, dominated by technology, + 0.12% has advanced for six of the last nine sessions, …
Read More »The housing market is already on fire, and inflation will soon follow, argues this former Morgan Stanley economist.
The bond market has stabilized after a big selloff, and that has comforted stocks. The Nasdaq Composite dominated by technology COMP has advanced for six of the last nine sessions, and the …
Read More »Treasury markets calm down, but investors anticipate a rate hike soon
Treasury markets have calmed down this week, but yields indicate investors are still expecting the Federal Reserve to be forced to hike rates sooner than it says. The yield on the 10-year …
Read More »GameStop’s 53% rise fueled by a 3-to-1 buy / sell ratio as the multitude of ‘meme’ stocks got emboldened
Call it the revenge of meme actions. After taking a beating during the first three days of the week, GameStop Corp. GME shares, + 52.69% skyrocketed Thursday, aided by retailers who remain …
Read More »