Stock Market

After a strong earnings-driven rally yesterday, U.S. equity benchmarks gave back some of those gains Wednesday following some slack retail sales data. Source: Venturelli Luca / Shutterstock.com Retail sales dipped 0.30% in September, disappointing analysts that had been forecasting a 0.30% increase. In better news, the Commerce Department revised the August figure to a gain
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Stocks surged Tuesday as the third-quarter earnings season finally kicked off and several marquee names from the Dow Jones Industrial Average delivered results that were mostly cheered by Wall Street and investors. Source: Venturelli Luca / Shutterstock.com Earnings ebullience for the Dow Jones today was enough to lift the major domestic equity benchmarks to four-week highs.
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Investors soaked up even more gains on Friday, adding to the rally from Thursday. Investors are hopped up on optimism in the stock market today, as the U.S. and China look to reach a partial trade agreement. According to Bloomberg, the deal has been reached, although there was also meeting between President Donald Trump and
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Once again, the big news for the Dow Jones today was all about the U.S.-China trade get together. The result was excellent news for stocks as the major domestic equity benchmarks surged to end the week on news that the world’s two largest economies reached a partial trade accord. Source: Venturelli Luca / Shutterstock.com As
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If only we were talking about the TV show The Blacklist. Alas, that’s not the case. Apparently, the White House has a blacklist of 28 Chinese companies it believes have ties to human rights abuses against Muslim minorities in some parts of China. Source: Venturelli Luca / Shutterstock.com Secretary of State Michael Pompeo called those
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U.S. stock futures are trading lower this morning after sellers swarmed to reject yesterday’s rally attempt. With resistance now reaffirmed, bears are in control of the short-term trend. Ahead of the bell, futures on the Dow Jones Industrial Average are down 0.7%, and S&P 500 futures are lower by 0.6%. Nasdaq-100 futures have lost just
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U.S. equities posted modest declines to the start week as deal makers from the U.S. and China prepare to engage in highly anticipated trade negotiations on trade. Source: Shutterstock It was conflicting headlines on the trade front that capped upside for riskier assets today. Speculation is running high that because of a slowdown in its
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Economic data has been one of the prevailing themes this week, one that was extended Friday when the Labor Department delivered the September jobs reading. Today’s job headline was good enough to boost stocks and it was good, depending upon how one looks at the number. Source: rafapress / Shutterstock.com The Labor Department said 114,000
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U.S. stock futures are trading lower this morning, continuing Tuesday’s sharp selloff. Recession fears returned with a vengeance yesterday after the Institute for Supply Management’s U.S. manufacturing survey posted its worst reading in a decade. Indexes across the board cracked critical support zones, officially turning the market’s short-term trend lower. Source: Shutterstock Against this backdrop,
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