Tops News- Southwest Airlines cuts revenue forecast
- Oil prices bounce back as investors hope U.S. inventory data will point to stronger summer fuel demand
- YouTube dominates streaming, forcing media companies to decide whether it's friend or foe
- FedEx shares jump after hours as massive cost-cutting measures kick in
- Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
- Rivian investment a ‘catch-up move’ for Volkswagen that could take years to pay off, advisory firm says
- Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company
- WikiLeaks founder Julian Assange lands in Australia after U.S. plea deal
- Italy's Meloni rattled as European Union negotiators agree deal for bloc's top jobs
- Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market
- Economic Calendar & News
- UK retail sales go into reverse this month, CBI survey shows
- Australia inflation jumps to 6-mth high in May, ramps up rate hike risks
- German consumer sentiment unexpectedly dips in July, finds GfK
- Australia CPI up more than expected in May at 4%, RBA jitters mount
- US business equipment borrowings up 11% in May, ELFA says
- US consumer confidence retreats slightly; house prices remain elevated
- Canada inflation surprisingly rises in May, markets trim July rate cut bets
- US house prices increase steadily in April -FHFA
- Australia consumers balance budget relief against rate risks
- Japan's business-to-business service inflation hits 2.5% in May
- Economy
- Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
- Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
- IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
- Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
- Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
- These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
- UK inflation falls to Bank of England's 2% target ahead of elections
- The Fed is 'playing with fire' by not cutting rates, says creator of 'Sahm Rule' recession indicator
- May retail sales rise 0.1%, weaker than expected
- Bank of Japan set to reduce JGB purchases, stands pat on interest rate
Monthly Archives: October 2016
Market Commentary – October 21, 2016
The U.S. equities closed mostly flat on Friday as investors digested corporate earnings results. The Dow Jones industrial average fell 16.64 points (-0.09%) to 18,145.71. The S&P 500 was down less than 0.01% to close at 2,141.16. The Nasdaq composite … Continue reading
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Market Commentary – October 14, 2016
The U.S. stock market closed slightly higher as investors cheered for strong bank earnings while remained cautious about commentary from the Federal Reserve officials. The Dow Jones industrial average was up over 150 points in early trading session and retreated to finish 39.44 … Continue reading
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Market Commentary – October 7, 2016
The U.S. equities closed lower as the market digested the weaker than expected employment report and the plummet of the British pound. The U.S. indices recorded another week of losses. The Dow Jones industrial average was down more than 100 points during … Continue reading
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Market Commentary – October 28, 2016
The U.S. stock market closed lower amid the imminent U.S. presidential election and higher expectation for a December rate hike. The Dow Jones industrial average was up about 75 points before dropping 8.49 points (-0.05%) to close at 18,161.19 after FBI’s announcement … Continue reading →