Stock Markets Continue to Climb
Yesterday was a banner day for US equity markets with the small cap Russell 2000 rallying 3.0% and the large cap indices gaining 1.1%-1.4%, sending the S&P 500 and the NASDAQ Composite to new all-time highs. This morning finds the three main index futures contracts up another 0.2%-0.3%. Positive momentum has continued overnight with the […]
Japan Trade Deal Sparks Equity Index Rally, But Earnings Knock Down Some Stocks
With the August 1st US tariff deadline approaching, the United States has entered into a new trade deal with Japan, under which Japan will invest $550 Billion in the US, open its market to US automobiles and agricultural goods, and a 15% tariff on Japanese goods, which, in fact, represents a tariff reduction for automobiles. The […]