Stock futures are flat after Dow, S&P 500 post losing week
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock index futures were little changed during overnight trading on Sunday, after the S&P 500 posted its second negative week in a row. Futures contracts tied to...
Swiss Franc Ended as Strongest, Aussie as Weakest, But Bitcoin Stole the Show
While Fed minutes started to prepare the markets for discussion on tapering in the coming months, Dollar wasn’t give much support. It has indeed ended as one of the worst performers for the week, just next too New Zealand and...
Weekly Economic & Financial Commentary: Is Fed “Tapering” Imminent?
Summary United States: Housing Begins to Bump Up Against Supply Constraints Housing starts fell 9.5% in April, as material shortages weighed on activity. The NAHB/Wells Fargo Housing Market Index held steady at 83 in May, indicating continued strength in residential...
The Weekly Bottom Line: Ready or Not, Here Come Vaccine Passports
U.S. Highlights Global equity markets gained ground at week’s end as the latest purchasing manager indices showed improved optimism for both services and manufacturing. Supply constraints are an issue across much of the economy, and housing is no exception. The...
Week Ahead: Search for Next Catalyst as Month-End Approaches
There is no assumed or outstanding catalyst which markets are focused on to drive price. Let’s face it: Although last week brought some nice 2-way volatility, this week the markets will be searching for the next catalyst. The two big...
Week Ahead – Markets Entering Choppy Waters
Wall Street seems to be finally agreeing with the Fed that inflation will be transitory. Despite all the robustness with US manufacturing and service sectors, financial markets will remain in wait-and-see mode over how high pricing pressures get and if...
Stocks making the biggest moves midday: Boeing, Deere, AT&T and more
An ASL Airlines Boeing 737-400 freighter landing at Milan Malpensa airport. Fabrizio Gandolfo | LightRocket | Getty Images Check out the companies making headlines in midday trading. Boeing — Boeing shares edged roughly 3% higher after Reuters reported the aircraft...
The Federal Reserve’s so-called taper talk could keep markets on edge through the summer
People walk past the Federal Reserve building on March 19, 2021 in Washington, DC. Olivier Douliery | AFP | Getty Images The Federal Reserve is facing a big summer ahead as markets look for clues about when the ultra-easy policy...
Key Senate Dem’s choice for Fed board is an economist who would be the first Black woman to serve in that role
Lisa Cook, associate professor at the Michigan State University, arrives for dinner during the Jackson Hole economic symposium, sponsored by the Federal Reserve Bank of Kansas City, in Moran, Wyoming, on Thursday, Aug. 23, 2018. David Paul Morris | Bloomberg...
Some states will pay you up to $2,000 to return to work. Here’s what to know
Arizona Gov. Doug Ducey talks to reporters after meeting with then-President Donald Trump at the White House on April 3, 2019. Chip Somodevilla | Getty Images Return-to-work bonus The states are withdrawing two or more months before their scheduled end...
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