The last trading day of the week, month and quarter finds stock markets around the world on the rebound to close out what has been a seasonally typically rough September. US Index futures are up 0.4% to 0.7%, building on
Last week’s “hawkish hold” has sparked a lot of turmoil in trading over the last week, sending treasury yields and the US Dollar upward while dragging on equities and commodities. Today, investors may get a sense of whether the market
In the wake of yesterday’s big broad-based selloff, which saw major US indices lose 1.1%-1.6%, US index futures are trying to bounce back this morning but so far have only managed relatively moderate gains of 0.3%-0.4%. European indices, including the
Yesterday’s US market rebound of 0.1% to 0.5% for major indices turned out to be a dead cat bounce. Overseas markets sold off overnight with the Hang Seng falling 1.5%, the Nikkei falling 1.1% and the Dax dropping 0.7%. Bearish
The last week of the quarter is off to a slow start. US index futures are down 0.1%-0.3%, continuing their drift downward from last week. Over in Europe, the Dax and FTSE are both down 0.9%. Stocks and bonds continue
In the wake of yesterday’s big broad based global selloff across multiple asset classes, investors have been trying to pick up the pieces this morning. US index futures are trading up 0.2%-0.7%, trying to regain their footing from this week’s
World markets have been rocked by the results of yesterday’s Fed meeting. The US central bank held its benchmark Fed Funds rate at 5.50% as had been widely anticipated. Forecasts of interest rates for 2024 and beyond were more hawkish
Throughout September, the upcoming Fed decision on interest rates and member forecasts on the future of US interest rates has been looming over world markets and investor sentiment. Today the highly anticipated news arrives at 2:00 pm EDT. The Fed
Intraday swings amounted to nothing for major US indices which finished Monday pretty much flat. Investors have continued to sit on their hands this morning with US index futures marginally positive, while in Europe, the FTSE is also flat while
In the wake of Friday’ selloff which saw US indices fall 0.8%-1.6%, US index futures are trading down 0.1%-0.3% this morning. Over in Europe, the Dax is down 0.8% and the FTSE is down 0.4%. Brent and WTI Crude Oil