RoboStreet – June 14, 2018 Big Cap Tech Stocks Charge Ahead in Face of Tariff Turmoil This week’s upside breakout of the Nasdaq comes at a time when the tough talk on tariffs between the U.S. and China is coming to a head. The Chinese government renewed its threat Thursday to scrap recently won deals […]

After a big week that saw mostly lukewarm reactions to the G-7 summit, the meeting between North Korea and the U.S., and the two-day Federal Reserve meeting, markets are climbing higher today after the positive news to support both domestic and global markets. U.S. assets and indices were boosted by four positive economic reports while […]

With the two-day Federal Reserve Monetary Policy meeting over today, Fed officials announced the second of what is expected four interest rate hikes in 2018. Rising rates from its previous range to 1.75%-2.00% had a muted effect on major market indices as the Dow and S&P saw modest losses while the Nasdaq is holding on […]

Another big market event looks to be overshadowed as investors turn their focus from the North Korea Summit to the Fed Reserve two-day meeting which kicks off today. Another interest rate hike is expected but confirmation on the matter will not come until tomorrow. Today, markets look to inch higher but not by much as […]

Major U.S. indices traded higher today, coming off of a strong week, ahead of the planned U.S.-North Korea summit. Recent G-7 news has added fuels to trade war concerns as U.S. and Canada continue to be at odds, keeping tariffs on the table for both parties. While this doesn’t bode well for trade war speculations […]

RoboStreet – June 7, 2018 Summer Setting Up Well for Unseasonal Rally The S&P 500 made a decisive and broad advance this past week, breaking out of a trading range that only one month ago had the market’s benchmark index breaching its 200-day moving average that threatened the bullish case as the dollar, oil prices, […]

U.S. stocks traded higher today as all three major indices look to get on the same page and record gains for the day after trending in opposite directions the last few trading sessions. With tech and financial sector leading the way, the Dow looks to capitalize on nearly 1.00% gains, while the S&P and Nasdaq […]

Major indices rose by about 1% on Friday after a shaky week and look to continue their rise today as U.S. labor reports for May provided optimism for investors, enough to overshadow the usual geopolitical tension that seemed to bog down markets. With unemployment at an 18-year low, payroll on the rise, and a strong […]

RoboStreet – May 31, 2018 Trade Tariffs and Italian Bond Turbulence Stymie Rally This morning President Trump made good on his promise to impose tariffs on steel and aluminum if there was no progress on fair trade talks with Europe, Canada and Mexico. The Trump administration ratcheted up the brinkmanship Thursday by announcing new duties […]

After trading sharply lower yesterday, with the Dow down 400, U.S. assets look to recover today. Worries over the Italian election had both European and U.S. markets down as anti-establishment fears could spell hard times for the euro. This came on top of last week’s major news that the North Korean summit was not going […]