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Tag Archives: Futures

The Fed is expected to hold rates steady and vow to keep short-term lending markets stable

The Federal Reserve is expected to conclude its December meeting on Wednesday afternoon by signaling it’s in no hurry to do anything to change its neutral stand on interest rates. But Fed Chairman Jerome Powell is likely to promise the … Continue reading

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Stock Market Update Tuesday, December 10th, 2019

Stocks finished lower for the 2nd day in a row today. In overnight trading the DOW was down more than 100 points. But a Wall Street Journal report helped the major indices erase overnight losses. The report claimed that China … Continue reading

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Stock Market Update Monday, December 9th, 2019

Stocks were up early but finished the day near session lows. After a slightly lower start, the major indices rallied in the morning. But a slow drop throughout the day left stocks in negative territory. Then a final push lower … Continue reading

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Oil jumps 4% on eve of OPEC meeting after larger-than-expected drop in US inventories

Oil gained more than 4% on Wednesday, as a larger-than-expected drop in U.S. inventories and hopes of deeper production cuts from OPEC lifted prices. U.S. West Texas Intermediate crude futures gained $2.29, or 4%, to trade at $58.39 a barrel … Continue reading

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5 things to know before the stock market opens Tuesday

1. Dow to drop over 200 points at open after Trump’s China trade comments U.S. stock futures were pointing to a sharply lower Wall Street open on Tuesday after President Donald Trump told reporters in London it might be better … Continue reading

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