The S&P 500 (SPX) has seen its fair share of ups and downs in the first half of June, but the overall direction lacks conviction. Or is that changing? Like, real soon. This week kicks off with some noise due to failed weekend talks to rescue Greece. Just a little volatility primer before attention turns to the midweek Federal Reserve […]
Concerns over Greece’s latest effort to avoid a default weighed on U.S. financial markets Monday.The Dow Jones industrial average slipped 107.67 points, or 0.6 percent, to 17,791.17. The Standard & Poor’s 500 index slid 9.68 points, or 0.5 percent, to 2,084.43. The Nasdaq composite lost 21.13 points, or 0.4 percent, to 5,029.97.Monday’s slide got started early after weekend negotiations between […]
Akin Oyedele
Jun. 12, 2015, 3:23 PM
12,421
Lucas Jackson/ReutersDick Costolo is out. Jack Dorsey is in.Twitter’s rally evaporated.On Friday, shares of the social-media company fell by as much as 0.2% after the stock rallied more than 10% on Thursday afternoon following news that CEO Dick Costolo would step down.In the final hour of trading, it clawed back into the green, rising about […]
For the top stories on metals and other news, click or MARKET NEWS * Wall Street shares fell on Monday, dragged lower by biotech and healthcare stocks, while European shares and the euro advanced on optimism over talks between Greece and its lenders after There are many different types of window graphic options offered by Markit Media, these include rear […]
There is also the U.S. Producer Price Index Friday, and a heavy calendar of overseas data that could influence markets. Chinese consumer and producer inflation data is released Tuesday, and retail sales and industrial production is Thursday. German industrial production is reported Monday, and euro zone GDP is Tuesday.Markets are also watching the volatile bond market where yields ripped higher […]
Much as an academic doyen might conclude a famous lecture series by collecting the salient points into a book Lord Lee, the doyen of ISA investment, marks the end of his interesting and informative My Portfolio column in The Financial Times with the publication of this short book. It has much to recommend it.First, we must recognise the authority conferred […]
AP Photo/Lefteris PitarakisA British police officer stands guard backdropped by Chinese flags held by Chinese students, supporters of Chinese Prime Minister Li Keqiang, as they gather at a counter- demonstration against a protest against the leader across the street from Downing Street in central London, where he was meeting with British Prime Minister David Cameron at his official residence, Tuesday, […]
Corey Stern
Jun. 4, 2015, 5:35 PM
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Screengrab via YouTubeAnother Wall Street analyst is making comparisons to the Titanic.This time it’s editor and publisher of the Gloom, Boom & Doom Report, Marc Faber.Faber warned that investors should stop bickering over which assets are the best, and start preparing their own escape plan. That is, if they don’t want the same fate as […]
Nick DeWolfGlobal bonds recovered from a sharp selloff overnight but US stocks continued sliding and saw their worst day this week. The selloff in stocks came ahead of Friday morning’s big May jobs report in the US – the last one before the Federal Reserve’s June policy meeting. First, the scoreboard:Dow: 17,905.58, -170.69, (-0.94%)
S&P 500: 2,095.84, -18.23, (-0.86%)
Nasdaq: 5,059.12, -40.11, (-0.79%)
And now, the top […]
Traders on the floors of Wall Street can’t stop talking about the turmoil in the global bond market this week.The 10-year Treasury yield touched 2.42 percent Thursday, its highest level of the year and up from 2.09 percent a week ago. The yield on the German 10-year bund also hit its 2015 high.These are not the kind of moves that […]
