Round up of today’s market news
North American News Stocks recover all losses into the afternoon trading, but then stumble and fall The broader stock indices (S&P and Nasdaq) moved lower in the morning trading, and…
Round up of today’s market news
North American News US stocks close higher on the day. Close out a stellar week for the major indices The major US stock indices are ending the day with gains…
Round up of today’s market news
North American News Major US indices have a huge day higher as CPI inflation comes in lesson expectations Th major US indices had a huge day to the upside after…
Round up of today’s market news
North American News Choppy day in the bond market ends with a strong bid It was an interesting day in the bond market. There was a strong bid for bonds…
A 6% Fed funds rate would add a leg to USD strength
The WSJ’s Nick Timiraos is out with his latest and it’s not any kind of a leak but it taps into what many market participants are worried about, especially ahead…
Round up of today’s market news
North American News Wall Street rallies on US midterm election implications and Fed outlook Following a bullish session in Asia, with the Japanese index Nikkei 225 (JP225) reaching its highest…
Round up of today’s market news
North American News US major indices close higher. Gains led by the Dow 30 The major US indices are closing higher for the 2nd consecutive trading day. The gains are…
The whole idea of emergency money is now tainted
Ambrose Evans-Pritchard takes a hatchet to central bankers and governments today for their handling or quantitative easing over the past 13 years. “Western central banks are guilty of an enormous…
Round up of today’s market news
North American News Stocks moving higher is still a hard uphill road to travel.US nonfarm payroll strong In the US equity market, the major indices moved higher initially at the…
Round up of today’s market news
North American News Stocks add to their woes with declines across the board The US stocks added to their woes today with declines across the board once again. The major…
Gold is on its worst monthly losing streak in 50 years. What’s next?
It’s a new month and that means a fresh start. No one needs it more right now than gold bugs, who have been swimming against the tide since April. What…
Round up of today’s market news
North American News US stock markets battered as Powell signals a higher terminal top Fed chairman Jerome Powell signaled a higher terminal top for rates and also said he wasn’t…
Round up of today’s market news
North American News Stocks close lower for the 2nd consecutive day NASDAQ index leads the way to the downside with a decline of -0.89% Major indices open higher at the…
Round up of today’s market news
North American News Dow has its best percentage gain for a month going back to January 1976 Dow rises by 13.95% with Caterpillar leading the way. The major US indices…
Round up of today’s market news
North American News Major US indices close near the highs for the day S&P rises for the 2nd consecutive week The major US indices are closing near the high for…
Profit-taking of a crypto mini-rally
Bitcoin is correcting after touching the $20.8K area, but the price above previous local highs and the 50-day moving average. Market picture Bitcoin has regained some of the positions gained…
Round up of today’s market news
North American News US stocks sink at the close and sink even further afterwards on earnings Closing changes S&P 500 -0.6% Nasdaq Comp -1.6% DJIA +0.6% Russell 2000 +0.1% About…
Round up of today’s market news
North American News Nasdaq and S&P lower. Dow holds on to a small gain 3 day win streak snapped in the NASDAQ and S&P The major US stock indices are…
Oil gains 3%. What oil-field services companies are saying
WTI crude settles up $2.59 to $87.91 WTI crude oil climbed to the highs of the week as the US dollar sagged and the Bank of Canada stoked hopes that…
Round up of today’s market news
North American News Major US stock indices close higher for the 3rd consecutive day NASDAQ index leads the way with major big cap earnings ahead The major US stock indices…