Toymakers Tumble, US GDP Blows By Estimates, ECB Pauses on Rates

US index futures are down 0.3%-0.9% this morning with the NASDAQ leading the way downward again, adding to yesterday’s US index losses of 0.3%-2.4% as investors continue to digest a flood of earnings reports, economic data and other corporate and

ECB Dovish Hike and US Economic Data In Focus

Market action has picked up in the last few minutes since the European Central Bank released its latest interest rate decision and statement. The ECB announced a surprise 0.25% increase for its main interest rates, but in the statement it

Meta Earnings Beat Drives NASDAQ Rally; US GDP Comes In Strong

Coming off of a mixed Wednesday that saw the Dow post a 13th straight winning day, the S&P 500 finish flat and the NASDAQ finish down marginally, equity markets are rallying this morning. NASDAQ futures are up 1.3%, while S&P

Markets Digest Mixed Monetary and Economic News

US index futures are down 0.2% to 0.7% this morning, while over in Europe, the FTSE is flat and the Dax is down 0.7%. US Treasury Yields are on the rise sparking a rally in the US Dollar and selloffs

Mixed Markets Await Central Bank Decisions and Economic Data

Investors in equity and commodity markets have responded quite differently to a quiet weekend and morning for business news. Equity markets are up this morning with US index futures rising 0.1% to 0.4%, while over in Europe, the Dax is

Stocks Sink Amid Central Bank Decisions, Banking Woes and Earnings Reports<...

Adding to yesterday’s US index losses of 0.5% to 0.8%, US index futures are trading down 0.2%-0.4% this morning, while major European indices are down 0.8%-1.0%. Crude oil has stabilized, while metals are climbing with Gold and Copper both up

Hawkish Central Banks, Weakening Real Estate Drag on Stocks

Adding to yesterday afternoon’s equity market selloff which pushed US indices to losses of 0.4% to 0.8%, US index futures are down another 1.0% to 1.5% this morning, while over in Europe, the Dax is down 1.5% and the FTSE

Markets Active Around US GDP, Big Tech Earnings and ECB Rate News

On a busy morning for business news US index futures are mixed with Dow Futures up 0.8% and NASDAQ futures down 0.6%, continuing a big divergence that opened yesterday when the Dow finished flat while the NASDAQ fell by 2.0%.

Treasury Yields Climb As Investors Await Bank of Canada and Beige Book

Interest rate and central bank news dominates the calendar today and tomorrow. The Bank of Canada’s latest interest rate decision and statement is due at 10:00 am EDT with the Governing Council widely expected to announce a 0.75% rate increase,

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