Stock Market Update Monday, January 13th, 2020

Stocks rallied to new records today, with the tech sector leading the way. There wasn’t anything of real significance on today’s economic calendar. But optimism over a “Phase One” deal (expected to be signed on Wednesday) and news that the U.S. removed China from its list of currency manipulators helped fuel today’s market rally. — … Read more

S&P 500 futures turn positive, making back overnight drop as Iran retaliation less than feared

S&P 500 futures turned positive and indicated a higher U.S. stock open early Wednesday morning, making back a steep overnight decline after Iran fired rockets at an Iraqi airbase that hosts American troops. Shortly after 7 a.m. ET, S&P 500 futures were higher by 6 points, or 0.2%, and indicated a higher open for the … Read more

Stock futures rapidly cut gains, Dow futures are now up just 35 points

U.S. stock index futures quickly pared gains on Friday morning as investors digested news that the world’s two largest economies neared the signing of a so-called phase one trade deal in principle. Around 8 a.m. ET, Dow Jones industrial average futures were up 35 points, indicating a gain of less than 10 points at the open. … Read more

US stock futures point to flat open ahead of the Fed rate decision

U.S. stock index futures were little changed Wednesday morning as investors waited to hear the Federal Reserve’s latest decision on monetary policy. Around 7:15 a.m. ET, Dow Jones Industrial Average futures pointed to a marginal gain at the open. S&P 500 and Nasdaq 100 futures also indicated slight increases to start off the session. — … Read more

The Fed will stay in hibernation until at least summer

Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey. — RECOMMENDED — WARNING!!! GET OUT OF CASH NOW Here’s how to prepare for the biggest stock market event of the decade. Including the … Read more