Investors Digest US Retail Sales and Earnings News

US markets have been holding generally steady this morning. Dow futures are up 0.3%, clawing back most of yesterday’s 0.4% index loss, while NASDAQ futures are flat coming off a flat close for that index. Over in Europe, markets are

World Markets Bounce Back Amid Mixed Economic News

With a huge week of central bank meetings and hawkish surprises behind us and with Americans having had a long weekend to digest all the recent developments, world markets, many of which had become quite depressed and possibly oversold last

Stocks Rebound as the Fed and ECB Hold Meetings; Webinar Tomorrow

Fed decision day is finally here. A 0.5% hike remains the consensus expectation among investors but investors may look to the statement for hints on whether tightening could accelerate. The 10-year US treasury note yield has dropped back toward 3.35%

Canadian Bank and US Retailer Earnings Dominate Morning News

Building on yesterday’s gains of 0.6% to 1.5% for the main US indices, US index futures are up 0.2% to 0.6% this morning. Over in Europe, the FTSE is up 0.6% and the Dax is up 0.8%. In the wake

Target Gets Hammered as Retailer Results Miss The Mark

Yesterday’s US equity market gains of 1.3% to 2.8% are increasingly looking like another bear market relief rally with index futures steadily sliding overnight and then accelerating downward this morning on more disappointing results out of US retailers. Currently Dow

Stocks Climb as Investors Digest Mixed US Retail Numbers, China Reopening

Stocks and commodities soared overnight as investors warmed to reports that China is preparing to start easing COVID restrictions and reopen parts of its economy in June. The Hang Seng soared 3.2%, while copper climbed 1.8% and WTI crude oil

Twitter Takeover, US Retail Sales and Bank Earnings Take the Spotlight

The last trading day of the week finds broad equity market action mixed, but a lot happening under the hood. Positive momentum from yesterday’s US market rally that saw the big 3 indices gain 1.0%-2.0% carried through Asia Pacific trading

Canadian Retail Sales Rebound, But US Earnings Disappoint

The recent trading rebound in global stock markets appears to be fading today. European indices have turned back downward with the Dax dropping 1.2% and the FTSE falling 0.5%. US index futures are down 0.5%-0.8%, giving back a sizeable chunk

Stocks Rally Ahead of Today’s Fed Decision

Months of hints and speculation about when the Fed may start raising rates appears set to come to a head at 2:00 pm EDT today when the FOMC releases its latest interest rate decision, statement and member projections. A 0.25%

Retail Sales Plunge and Soft US Bank Earnings Send Stocks Sliding

US index futures are in retreat again this morning, falling 0.50%-0.75% and adding to yesterdays losses of 0.5% for the Dow, 1.4% for the S&P 500 and 2.5% for the NASDAQ. Russell 2000 futures have dropped back under 2,150 and

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