U.S. stock index futures traded slightly lower on Friday amid growing geopolitical tensions with Iran. At 6:15 a.m. ET, Dow futures were down 38 points, implying a lower open of 29 points. Futures on the S&P and Nasdaq also traded lower. Market focus is largely attuned to simmering geopolitical tensions between the U.S. and Iran. … Read more
By Beau Henderson – Strategic Retirement For a retiree, the only thing worse than dying is outliving your money. The average 65-year-old man today can expect to be retired for a minimum of 19 years — up from 13 years in 1940. A longer retirement means more time without a paycheck — and more years … Read more
U.S. stock index futures were sharply higher Thursday morning after the Federal Reserve on Wednesday signaled possible interest rate cuts later this year. Around 6:47 a.m. ET, Dow Jones Industrial Average futures indicated a positive open of more than 200 points. Futures on the S&P 500 and Nasdaq 100 were both seen higher as well. The Fed signaled … Read more
Stocks were pretty quiet today, before and after the Fed. The major indices opened slightly higher this morning. But stocks pulled back and traded sideways until today’s Fed Statement at 2pm ET. As expected, the Fed kept rates unchanged. In the policy statement, the Fed dropped the word “patient” and said they will “closely monitor” … Read more
U.S. stock index futures were marginally higher on Wednesday morning, as investors wait to hear from Federal Reserve Chairman Jerome Powell. Around 6 a.m. ET, Dow futures indicated a positive open of nearly 20 points. Futures on the S&P and Nasdaq were both slightly higher, too. There’s a special focus on the outcome of the … Read more
Stocks rallied 1.0%+ ahead of tomorrow’s Fed Statement. Usually, stocks are quiet ahead of a Fed policy decision (like yesterday). But positive trade comments, combined with the belief that the Fed is ready to cut rates this year, helped drive the major indices higher. This morning President Trump helped fuel a rally after tweeting that … Read more
Stocks kicked off the week with a small win today. This morning the major indices opened slightly higher, then rallied. After the positive start, trading was sideways from late morning until late afternoon. Then 30 minutes before the close stocks pulled back, giving up some of the day’s earlier gains. In the end, the S&P … Read more
U.S. stock futures were lower on the final trading day of the week, with investors monitoring attacks on oil tankers in the Gulf of Oman and reacting to economic data out of China. As of 3:20 a.m. ET, Dow futures were 19 points lower, indicating a slightly lower open of 25 points. S&P 500 futures … Read more
Stocks dropped for the 2nd day in a row. CPI data was this focus in early trading. And data showed that consumer prices rose just 0.1% last month. This was in line with expectations. The low inflation reading (combined with a weaker job market) has traders believing that the Fed will cut rates this year. … Read more
U.S. stock index futures were slightly higher Thursday, after President Donald Trump declined to set a deadline on levying tariffs on another $325 billion of Chinese goods. Around 6 a.m. ET, Dow futures indicated a positive open of more than 60 points. Futures on the S&P and Nasdaq were both seen slightly higher. Oil prices … Read more