The stock market is on the brink of setting new records and the consumer, which has been propping up the U.S. economy, has the power to make or break that momentum. A couple of key economic indicators that are set to be released this week happen to be a gauge on the strength of the […]
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Amidst a slight pullback in the U.S. stock market, Ed Yardeni, president of Yardeni Research, said that the S&P 500 is expected to see a big breakout heading into 2020, predicting an increase to 3,500 points. The S&P 500 slightly dipped on Friday as the U.S. stock market experienced a swift sell-off. | Chart: Yahoo […]
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The S&P500 has had an incredible decade of gains, but can the momentum be derailed? | Source:: AP Photo/Richard Drew, File The S&P 500 (SPX) is just three months away from closing the book on an incredible decade. While the index has made gains over the last few days, it appears that we are witnessing […]
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The Dow Jones risked snapping its three-day winning streak after bond yields resumed their punishing slide. | Source: Shutterstock By CCN Markets: The Dow and broader U.S. stock market all turned lower on Tuesday, as heightened geopolitical tumult drove investors out of equities and into the perceived safety of government bonds. Dow Slides; S&P 500, […]
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The Dow sprang 275 points because investors are salivating over a new round of easy ECB stimulus to juice the economy. | Source: Johannes EISELE / AFP By CCN Markets: The Dow and broader U.S. stock market extended their relief rally into the new trading week, as plunging consumer prices in the Eurozone bolstered expectations […]
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Most of Wall Street is expecting the Fed to cut interest rates in coming days, but the question is by how much? For the most part, economists fall in one of two camps – a 25 basis-point cut or a 50 basis-point cut. But according to one White House official, half-a-point is just not going […]
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The Dow and broader U.S. stock market set new highs on Wednesday, as investors shrugged off geopolitical tensions ahead of Independence Day. While there was no immediate catalyst for the rally, the Federal Reserve’s dovish policy shift continues to offer fuel for the record-setting pump. Dow Hits New Highs; S&P 500 Follows All of Wall […]
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The S&P 500 is charting its best first half of the year in over a decade. Meanwhile, the Dow Jones Industrial Average is having its best June since 1938 amid a triumphant year for stock market bulls. But the fundamentals underlying these benchmark movements are troubling. The stock market is looking wobbly to JP Morgan […]
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The Dow and broader U.S. stock market declined sharply on Tuesday, as investors reacted to dovish commentary from Fed chief Jerome Powell that suggested central bankers were becoming ever-more concerned about the economy. Dow, S&P 500, and Nasdaq Sink in a Sea of Red All of Wall Street’s benchmark indexes traded in negative territory on […]
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