Jeff Bishop from Weekly Money Multiplier on Market Risks

Despite an upbeat SOTU address from the President last night, the market seems to be dismissing several red flags. For example, Apple lowered its revenue projection mid-quarter, and Amazon’s guidance fell short of analysts expectations, while Eli Lilly warned that profits will be down. But that’s not all, the government is just temporarily open…  uncertainty … Read more

Oil holds losses as US crude stockpiles rise by 1.3 million barrels

Oil prices mostly held earlier losses on Wednesday after weekly government data showed a rise in U.S. crude stockpiles. Crude futures fell earlier after an industry report suggested a larger rise in crude inventories, while concerns about the impact on global supplies of U.S. sanctions on Venezuela faded. Benchmark Brent crude slipped 21 cents to … Read more

Stocks slip as tech falls, S&P 500 on pace to snap 5-day winning streak

Stocks slipped on Wednesday as tech shares declined following President Donald Trump’s second State of the Union address. Investors also digested corporate earnings results from companies like General Motors. The Dow Jones Industrial Average dipped 85 points and was on track to end a three-day winning streak. The S&P 500 traded 0.4 percent lower, on … Read more

Dow futures point lower after Trump’s State of the Union address

U.S. stock index futures traded lower in the premarket Wednesday morning after President Donald Trump delivered his second State of the Union address. At around 6 a.m. ET, Dow futures indicated a negative open of more than 70 points. Futures for both the S&P 500 and the Nasdaq were also trading lower. Markets focused on … Read more

Dow futures move higher ahead of earnings, Trump’s State of the Union speech

U.S. stock index futures moved higher Tuesday morning in premarket trade, as investors looked ahead to another set of corporate results and a key speech from President Donald Trump. At around 6:30 a.m. ET, Dow futures indicated a positive open of more than 80 points. Futures of the S&P and Nasdaq were also seen higher. … Read more