Major U.S. indices and futures are in the green today after a turbulent start to the week that featured tariff and global trade uncertainty. Today’s big-name earnings beat returned positive with Cisco and Walmart reporting before the market opened to better than expected results while U.S. housing and labor data also returned positively. Look for […]

Markets are experiencing a slight rebound following two days of trading lower behind tariff escalation and global trade uncertainty. All three major U.S. indices are currently trading higher following positive earnings beat from Macy’s and Alibaba, ahead of Cisco’s release today after market close and Walmart’s release tomorrow before the market opens. Retail data for […]

Markets are down behind the re-escalation of China-U.S. tariffs, which began on Friday when the U.S. raised tariffs on Chinese goods from 10% to 25% causing China to respond with their own retaliatory tariffs. Both sides have since stated their intent to continue expanding tariffs which could further volatility and complicate trade talks. Corporate earnings […]

RoboStreet – May 9, 2019 Spring Loaded Stock Awaits Trade Deal Headline This week’s market volatility is fully tied to the breakdown in the U.S./China trade negotiations following China’s backtracking on crucial elements to the terms of the proposed deal – namely the theft of intellectual property and forced transfer of technology that help China […]

Major indices and assets are trending lower after renewed trade tension between the U.S. and China ramps up and will likely result in further tariffs. President Trump already indicated tariffs would be raised from 10% to 25% by week’s end while China has since stated retaliatory tariffs will occur if the U.S. proceeds with the […]

After trading lower for two straight days this week behind renewed U.S.-China trade tension, major U.S. indices are on track to close with modest gains. Trade talks between the two sides are set to resume in D.C. tomorrow while U.S. tariffs on Chinese goods could rise from 10% to 25% Friday. Disney headlines corporate earnings, […]

Major U.S. indices are trading lower today following news U.S. tariffs on Chinese goods could be increased to 25% by week’s end, renewing trade tension. Still, trade talks between the U.S. and China will proceed in D.C. this week. Other major news to monitor include Uber’s public market debut on Friday and the continuation of […]

RoboStreet – May 2, 2019 Billion Dollar Deals in Cannabis Making Headlines One word is all it takes from Fed Chairman Jerome Powell to trigger a hissy fit in the stock market. In his post-FOMC interview, Powell used the word “transitory” to describe interest rate policy going forward, which disappointed investors looking for language that […]

Markets are trading modestly lower after yesterday’s Fed decision to keep rates unchanged, continuing to stress patience and providing some positive guidance on inflation which currently sits below its target of 2%. The Bank of England, similarly, decided today to keep rates unchanged. Major earnings yesterday saw Qualcomm shares lower following their settlement with Apple […]

Major indices edged higher in early morning trading behind impressive earnings from Apple yesterday and CVS before the market opened today. Plenty of big names are still due to report today including Qualcomm, Prudential, MetLife, Kraft, Allstate, Marathon Oil, and Square. Also steering markets today is the conclusion of the two-day FOMC meeting which will […]