Stocks Pause, Cryptos Rally as Investors Await Economic News

A strong start to the week which saw the NASDAQ gain 1.1% and the S&P 500 rally 0.65%, has slowed this morning. US index futures contracts are down 0.1%-0.4%, while over in Europe, the Dax is down 0.5%, while the

European Rate Hike, Energy Selloff, Mixed Earnings Reports Move Markets

US index futures are essentially flat today with all three main contracts trading between -0.1% and +0.1%. European indices are also soft today with the Dax down 0.4% and the FTSE falling 0.2%. Italy is down 0.9% today as investors

Cryptocurrencies and European Indices Lead Global Market Rebound

Cryptocurrencies have been soaring overnight on media reports that President Biden and the US Treasury Department intend to formally announce today that they are preparing to start building a framework for potentially regulating and/or operating cryptocurrencies in the US, which

Indices Retreat Amid Mixed Employment and High Inflation Reports

US index futures have taken a sharp turn downward following the release of a brutal US employment report that suggested the economy could be in the grip of stagflation, a time of high inflation and low economic growth. Dow futures

Cryptocurrencies Crash on China Crackdown

Cryptocurrencies have gone into free fall overnight with Bitcoin diving 10.2% and falling below $40,000 for the first time since February, while Ethereum has plunged 19.1% after China banned its financial services companies (particularly banks, brokerages and payment providers) from

Stocks Slip, Cryptocurrencies Crash, Canada Budget Today

US index futures are down 0.2%-0.5% this morning in what appears to be normal consolidation following Friday’s gains of 0.1% to 0.5% that drove the Dow and the S&P 500 to new daily and weekly closing highs. Economic and earnings

US Markets Rally on Strong Earnings and Economic Reports

Day 2 of earnings season finds US index futures on the rise with Dow Futures up 0.5% and NASDAQ futures up 0.8% coming off a split session yesterday that saw the Dow gain 0.1% and the NASDAQ slide 1.0%. European