Stock market indexes today are seeing a positive correction after recent downturns, and financials in particular are leading gains. Fed Chairwoman Janet Yellen has indicated that the central bank should not wait to raise rates until inflation reaches 2%, and there is a danger in waiting too long. Her comments have been received as more […]
Stock market indexes today are trading a bit lower as the we see a sell-off in the technology sector. This downturn negated the gains in other sectors- particularly energy and consumer-staples. The energy sector and crude markets are up as OPEC releases optimistic outlooks on the global production cut agreement. A series of speaking events […]
Without a great deal of significant news to move on, investors are primarily focused on the conclusion of a two-day FOMC meeting and subsequent commentary from Fed Chairwoman Janet Yellen. A slide in Apple Inc. (AAPL) shares have put a dent in the DJIA, following reports of connectivity issues with the Apple Watch Series 3. […]
With a temporary cool-down in geopolitical tension and anticipation for Wednesday’s conclusion of a two-day FOMC meeting, stocks are trading higher today and continuing Friday’s gains. The S&P 500 breached the 2,500 level in Monday trading- reflecting a strong risk-on investor sentiment. The Fed’s FOMC meeting will not be providing signals for an interest rate […]
U.S markets are trading lower today as investors see a correction after a series of rallies and record-setting. Apple Inc. (AAPL) saw its shares slide today following a much-anticipated product lineup reveal on Tuesday, along with news of a delay in the launch date for the iPhone X. Stocks tend to rise on rumours and […]
Investors are digesting news and analysis outlooks following the destruction caused by Hurricane Irma. Although the storm had not hit as hard as expected, the months to come will weigh on markets as economic impact is assessed more thoroughly. Although threatened North Korean missile tests did not occur in recent days, a U.N. Security Council […]
Wednesday trading is ticking up somewhat as market participants work though North Korean geopolitical uncertainty and another potentially devastating Hurricane. All major U.S indexes closed down on Tuesday after a recent North Korean nuclear weapons test and fresh threats of another intercontinental ballistic missile test within days. Hurricane Irma is currently passing through the Caribbean, […]
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