Financial Industry News
The Dow Jones powered toward a major recovery on Monday while Donald Trump made a surprise globalist pivot. | Source: REUTERS / Jonathan Ernst By CCN Markets: The Dow Jones bounced again on Monday, as a 250 point rally kept the positive vibes rolling on Wall Street. The rally continued while President Donald Trump took […]
Continue ReadingRising bond yields propelled the Dow Jones toward a spectacular advance on Monday, but economist David Rosenberg says he’s not convinced. | Source: AP Photo / Richard Drew By CCN Markets: Rising bond yields propelled the Dow Jones toward a spectacular advance on Monday, as the US stock market continued to claw itself out of […]
Continue ReadingThe stock market is on the verge of a major recovery. Here’s why Wall Street has suddenly turned bullish despite numerous macro threats. | Source: Shutterstock By CCN Markets: Following the U.S. stock market’s wildest week of the year, the Dow Jones and other major indices appear poised to start the week off with a […]
Continue ReadingDonald Trump and White House officials played down fears of a recession on Sunday, giving a much-needed boost to the stock market. Source: AP Photo/Evan Vucci By CCN Markets: Dow Jones Industrial Average (DJIA) futures rocketed 200 points in early trading Monday as President Donald Trump sought to allay fears of a recession. Speaking to […]
Continue ReadingTrump’s tweets on China may set the stage for a strong rally in the stock market this week as S&P 500 futures open higher. | Source: REUTERS/Jonathan Ernst By CCN Markets: In response to the struggling stock market, Donald Trump’s Twitter feed was awash with positive talk about the trade war and progress with China […]
Continue ReadingAs the Dow Jones scrambles to move past last week’s roller-coaster, scrutinize the Fed minutes for proof of a dovish rebellion. | Source: ANDREW CABALLERO-REYNOLDS / AFP By CCN Markets: The Dow Jones looked dead and buried last week after a devastating 800 point decline, but an end-of-week recovery left the stock market on relatively […]
Continue ReadingA fresh batch of economic data risks plunging the US stock market toward its worst sell-off since 2015 – or maybe even the financial crisis. | Source: REUTERS / Brendan McDermid By CCN Markets: When US Treasury bonds suffered their first main yield inversion since the financial crisis, analysts warned that the stock market had […]
Continue ReadingMore than half the world’s economies have inverted yield curves, which is a dire signal that a global recession may be on its way. | Source: Shutterstock By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is […]
Continue ReadingFormidable short-seller Citron Research slams whistleblower Harry Markopolos following his GE ‘fraud’ report. GE stock rebounds – for now. | Source: PATRICK HERTZOG / AFP By CCN Markets: Formidable short-seller Citron Research this morning slammed legendary Madoff whistleblower Harry Markopolos following his 170-page General Electric “fraud” report. GE stock tanked almost 12% Thursday on the […]
Continue ReadingThe Dow secured a 265 point rally to close the week, but crippling recession fears continue to threaten the U.S. stock market. | Source: AP Photo / Richard Drew By CCN Markets: The Dow and broader U.S. stock market advanced Friday, as traders looked past an ominous recession warning from the government bond market. Dow […]
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