|Day Low/High||49.87 / 51.58|
|52 Wk Low/High||43.67 / 58.22|
Fed Vice Chairman Stanley Fischer said there is "good reason" to expect inflation to rise and stabilize.
Both financials took hits after their earnings reports but remain solid operators.
Business demand has rebounded, but consumers are still trying to catch up.
The strongest sector right now is benefiting from interest rates talk.
Where it began. The rundown: • U.S. futures are very strong: S&P 500 futures are up 24 points, and Nasdaq futures are higher by 54 handles. • Europe is broadly higher -- by around 1.7%. • The Nikkei in Japan is down 1.40% on little news. However, th...
Corporate activism should continue to be a positive for stock prices.
Global concerns weighed on investors, with the markets closing lower Tuesday.
Where it began. The rundown: U.S. futures are higher this morning (S&P up 6 handles, Nasdaq up 18 handles). European stocks are climbing, too (by about 0.8%). Nikkei is up 0.88%. Within the Nikkei, all major sub-groups finished in the green. Telecom...
Results of the Fed's stress tests should serve as a catalyst for shareholders.
Let's take a look at the overnight and early-morning price action in the major asset classes. The latter was known as "operating earnings" or "earning ex-items," and it was derived by removing from the GAAP (generally accepted accounting principles)...
Thanks for spending time with us today and have a great weekend. By Ed Ponsi Some big economic events next week: Monday -- monthly federal budget report Tuesday -- retail sales, speeches by FOMC members Plosser (Philly Fed) and Fisher (Dallas Fed) W...
According to Bloomberg, Moody's cuts its ratings on some major financials. Break in! Moody's cuts Goldman Sachs (GS), Morgan Stanley (MS), JPMorgan (JPM) and Bank of New York Mellon (BK). Source, Bloomberg: ...
The political drama continues playing the market like a fiddle.