DAX: Stocks Rebound After Big Sell-Off
After yesterday’s big sell-off, European equities have bounced back and US index futures point to a higher open on Wall Street.
Wall Street
GBPUSD on shay footing amid political turmoil in a key week
Today’s going to be a quieter session in terms of economic news, ahead of key events later this week. There are however at least three factors that need to be watched closely.
Crude Surges As non-OPEC Producers Agree Oil Output Cut
Crude oil prices surged a huge $3 dollars or 5% higher at the Asian open with Brent briefly trading north of $57 and WTI above $54 a barrel before pulling back slightly.
US elections – Wall Street’s sharp gains could evaporate
Most analysts seem to agree with the markets that a victory for Hillary Clinton in the US presidential race is good news for the dollar, stocks and risk assets in general.
Asia shares mostly up, China inflation at 4-month high
Asian markets were mostly higher on Tuesday following fresh records on Wall Street, while Shanghai and Hong Kong headed higher after data showed Chinese inflation surged in May. Tokyo fell 0.85 percent, or 129.20 points, to finish at 14,994.80 owing…
Dow, S&P 500 score fresh highs
US stocks rallied Monday, with the Dow and the S&P 500 extending record winning streaks amid a fresh burst of merger and acquisition activity on Wall Street. The Dow Jones Industrial Average rose 18.82 points (0.11 percent) to 16,943.10, its third straight…
China accelerates as euro zone stumbles
Signs of an economic revival in China have raised hopes that Beijing’s targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.
5 Ways To Check You’re Not Late To The Stock Market Part
The room’s getting crowded, the party’s been going on a while but more people could arrive. Just beware fair weather friends and a sign it could be time to think about leaving…
Is Now A Good Time To Take Some Profit Off The Table?
A stock market strategist who I trust and respect is advocating that investors take some money off the table and book profits from U.S. equities.
Cliffs Natural Plunges on Results, Dividend Cut, Share Offering
There was very little good news for Cliffs Natural (CLF, quote) when it released its fourth-quarter results after the closing bell on Tuesday.