Although Monday brought news of a significant event in Robert Mueller’s special Russia investigation into the Trump campaign, market participants are focusing more on a more pertinent raft of economic data and corporate performance. Friday saw massive tech surges, which worked to push the Nasdaq Composite index to record closing numbers. The tech-saturated index continued […]
We’re seeing a pullback across major U.S. indices as a round of corporate earnings reports proved disappointing to investors. Although overall bullish sentiments remain, it is reasonable to view current equity valuations as a bit overstretched. This dynamic seems to be put into focus as economic data is not weakening and there is no impending […]
Major U.S. indices saw record closes on Friday, and had attempted to push further in early Monday trading as investors parsed another round of corporate earnings reports and global financial news. While better-than-expected earnings results have drove rallies in equities in recent weeks, market participants are currently weighing in the timeline and feasibility of passing […]
Mexico and Canada have rejected strict demands from U.S. negotiators around the North American Free Trade Agreement talks, which have concluded the fourth round of meetings. The fifth round is slated for the first week of November, so market participants will be in wait-and-see mode to gauge the tone of the negotiations. Equities are performing […]
U.S. negotiators have recently outlined a set of strong proposals in ongoing proceedings with Mexico and Canada over North American Free Trade Agreement. These demands from the U.S. have been expected, along with President Trump’s threat to walk away from the deal altogether, so there are no real surprises with these developments. The fifth round […]
The main focus for today will be a 2 p.m. Eastern release of minutes from the Fed’s September meeting. Expectations still hold that the Fed will offer guidance pointing to a late 2017 interest rate hike. Because this is the only significant event for today, focus is on these minutes, but this won’t be a […]
U.S. indexes are seeing tepid movement, and the DJIA has been dragged down by a slide in shares of General Electric (GE). A new CEO transition and expected uncertainty with change drove the share price down almost 3% in Monday trading. Due to the Columbus Day holiday, some markets are closed- such as the bonds […]
U.S. indexes are seeing upward movement based mainly on equities- particularly health-care stocks and consumer-discretionary sectors. Tech and financials slipped, notably Apple Inc. (AAPL). Google is set for a highly-anticipated release of a series of devices, including its Pixel phones. The Pixel phones will be in focus as they are looked at as an iPhone […]
Stock market indexes today are continuing to move in positive directions and notable tech shares are seeing gains in Monday trading. Authorities in Las Vegas are attempting to find a motivation and construct a timeline leading up to the deadliest mass shooting in modern U.S. history. At least 50 people were killed and more than […]
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