Stocks were hammered today, and the longest Bull Market in history is officially over (at least for the DOW). It’s hard to believe, but there were some positive developments overnight. The Bank of England (BOE) announced an emergency 50-basis point rate cut. And the Fed increased liquidity in the overnight repo limits (money the Fed … Read more
U.S. stock futures fell sharply on Wednesday morning, pointing to another volatile session on Wall Street. As of 6 a.m. ET Wednesday, Dow Jones Industrial Average futures indicated a loss of more than 500 points at the open. S&P 500 and Nasdaq 100 futures also pointed to losses. The move down in futures comes after … Read more
At around 3:10 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was down at 0.6441% having climbed off an all-time low on Tuesday. The yield on the 30-year Treasury bond was also lower at 1.1171%. — RECOMMENDED — JOIN THIS FREE WEBINAR TODAY! Stocks rallied on Tuesday, recovering … Read more
Stocks rose in wild trading on Tuesday as investors weighed the prospects of fiscal stimulus to curb slower economic growth stemming from the coronavirus outbreak. — RECOMMENDED — The “$500 Crypto Retirement Plan?” The #1 most-trusted person in cryptocurrency is releasing a new “$500 crypto retirement plan” on Wednesday, March 18, at 8:00 pm ET. … Read more
President Donald Trump is considering new tax relief measures to help Americans combat the economic effects of the coronavirus. That includes potential payroll tax cuts. “We are to be meeting with House Republicans, Mitch McConnell, and discussing a possible payroll tax cut or relief, substantial relief, very substantial relief,” Trump said at a press briefing … Read more
Stock futures rallied back early Tuesday morning after the S&P 500′s worst day since the financial crisis as investors cheered potential stimulative measures to stem the economic downturn from the coronavirus. — RECOMMENDED — The “$500 Crypto Retirement Plan?” The #1 most-trusted person in cryptocurrency is releasing a new “$500 crypto retirement plan” on Wednesday, … Read more
Stock futures tumbled Monday morning as investors braced for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety. Futures on the Dow Jones Industrial Average indicated an opening drop of more than 1,300 points. The S&P 500 futures indicated a 5% drop at Monday’s open. The S&P … Read more
Stock futures pointed to further declines Friday morning as Wall Street nears the end of a turbulent trading week. Dow Jones Industrial Average indicated an implied drop of 721 points at Friday’s open. S&P 500 futures and Nasdaq-100 futures also pointed to steep losses for the two major benchmarks. Meanwhile, the benchmark 10-year Treasury yield tumbled to … Read more
Stocks plunged on Thursday, erasing most of the steep gains in the previous session, as markets remained highly volatile in the face of the fast-spreading coronavirus. The Dow Jones Industrial Average ended the day 969.58 points, or 3.5%, lower at 26,121.28 after tanking nearly 1,150 at its session low. The S&P 500 dropped 3.3%, or 106.18, … Read more
U.S. stock futures were sharply lower Thursday morning, following a massive rally in the previous session. Around 6:50 a.m. ET, Dow Jones industrial average futures indicated a drop of nearly 600 points at the open. S&P 500 and Nasdaq-100 futures were also both lower. — RECOMMENDED — The No. 1 Crypto of 2020? Teeka Tiwari has … Read more