Debt Ceiling Resolution and Nonfarm Payrolls in Focus

Building on yesterday’s US index gains of 0.50%-1.25%, US index futures are up another 0.4%-0.6% this morning. Last night the US Senate passed the debt ceiling deal, ending that crisis and averting a US government debt default. Overseas markets are

Stocks Slide into Month-End As Investors Digest News, Votes and Speeches

US index futures are in moderate retreat this morning, with the three main contracts down 0.2%-0.4%. In Europe today, the FTSE is down 0.1% and the Dax is down 0.4%. Commodities are under pressure with WTI Crude Oil down 2.75%

US Returns To Trading as Month-End Approaches

US index futures are trading flat to up 1.6% this morning with NASDAQ futures leading the way higher. US investors have apparently returned from their Memorial Day in a positive mood responding favorably to news of a deal among top

Debt Ceiling Deal and This Week’s Business News Calendar

Over the weekend, US congressional leaders and the White House agreed on a deal to resolve the Debt Ceiling crisis. The legislation now needs to pass both houses of Congress ahead of a June 5th deadline, which has been pushed

Positive Pre-Holiday Trading In the US This Morning

The Friday before the US Memorial Day weekend, the official kickoff to summer driving/vacation season, finds US index futures up 0.2%-0.4%. In addition to follow-through from yesterday’s technology sector rally that sent the NASDAQ soaring 1.7%, investors appear to be

Strong Earnings Boost US Indices; Canadian Bank Earnings Disappoint Again

Boosted by its Data Center division, which produces chips that support cloud computing and Artificial Intelligence applications, Nvidia beat street expectations on EPS ($1.09 vs street $0.92) and especially sales guidance ($11.0B vs street $7.1B), by wide margins, sparking an

Oil Rallies While Stocks Digest Mixed Earnings

WTI Crude Oil is climbing for a second straight day, gaining 1.4%. In addition to follow-through action following yesterday’s warning to bears from Saudi Arabia about the next OPEC+ meeting, traders appear to be responding positively to last night’s drawdown

Rising Markets Await Fed Speakers

Building on yesterday’s US index gains of 0.3%-1.5%, US index futures are trading flat to up 0.25% this morning. Over in Europe, the FTSE is up 0.4% while the Dax and CAC are up 0.8% and Milan is up 1.4%.

Stocks Keep Climbing as Wal-Mart Beats Earnings Expectations

US index futures are trading flat to up 0.3% this morning, building on yesterday’s 1.2% gains for major US indices. In Europe today, the Dax is up 1.5% while the FTSE is up 0.5%.  Commodity and currency market action is

<strong>Stocks Rebound Along With Retailer Earnings</strong>

Clawing back some of yesterday’s losses, US index futures are up 0.2%-0.4% this morning. European market are generally trading flat to a gain of 0.4% for the Dax. Commodities are bouncing back after taking losses yesterday with Copper and Platinum

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