Morning Preview: May 30, 2018

Scott GreenDaily Market Insights

Early Look Wednesday, May 30, 18 U.S. stock futures are pointing to a stronger open, looking to rebound from its worst trading session in over 2-months yesterday, as over the Italian political crisis subsided helped by a better round of Italian bond auctions overnight and better data in the EuroZone. Italian bonds rebounded, with the 10-year yield falling as much … Read More

Market Review: May 29, 2018

Terrie AmengualDaily Market Insights

Closing Recap Tuesday, May 29, 2018 Equity Market Recap · Stocks end lower as investors returned from the holiday weekend, with the Dow Industrial Average falling fell as much as -500-points or roughly 2% (before paring losses), while the CBOE Volatility index (VIX) jumped nearly 40% to just above 18, the largest one-day gain since March 22 and highest level … Read More

Mid-Morning Look: May 29, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Tuesday, May 29, 2018 U.S. equities open to the downside, dragged lower as Italian political turmoil led to gridlock and set the course for another election after parties failed to form a government in the wake of a poll in March. Treasuries and the U.S. dollar rallied amid the political crisis in Italy, with the 10-year yield now … Read More

Morning Preview: May 29, 2018

Terrie AmengualDaily Market Insights

Early Look Tuesday, May 29, 2018 U.S. stock futures decline as investors return from the holiday weekend amid new drama in Europe, as Italian markets drag the EuroZone lower (and Italian markets plunge over 3%) as investors position themselves for the possibility that a new general election will be held in the eurozone’s third-largest economy. The move in Europe overshadows … Read More

Market Review: May 25, 2018

Terrie AmengualDaily Market Insights

Closing Recap Friday, May 25, 2018 Equity Market Recap · U.S. stocks end mixed as weakness in the energy sector following a 4% decline in oil prices weighed on the Dow and S&P 500 index, while the tech heavy Nasdaq Comp held strong amid strength in semiconductors, though software dipped on earnings (ADSK, SPLK). Energy was the big story of … Read More

Mid-Morning Look: May 25, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Friday, May 25, 18 U.S. equities mixed in early trading, with volume light across the board ahead of the Memorial Day holiday weekend. Energy stocks pacing the early losses, following oil prices lower, after Saudi Energy Minister Khalid Al-Falih said OPEC and its allies are likely to gradually revive oil output. Once again, defensive assets leading early gains … Read More

Morning Preview: May 25, 2018

Terrie AmengualDaily Market Insights

Early Look Friday, May 25, 2018 Stock futures are pointing to a firmer open, as markets look to rebound from losses Thursday after a week of geopolitical tensions and trade concerns. Despite the declines yesterday and the disappointment following the cancelled summit with North Korea, major U.S. averages are on track for modest gains on the week, with the Dow … Read More

Market Review: May 24, 2018

Terrie AmengualDaily Market Insights

Closing Recap Thursday, May 24, 2018 Equity Market Recap · U.S. stocks close the day mostly lower but finishes well off its worst levels after the Dow Industrials declined more than -200 points at one juncture following news President Trump cancelled his June summit with the North Korean leader. The news sent markets lower and given the lighter than normal … Read More

Mid-Morning Look: May 24, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Thursday, May 24, 2018 Equities moved lower shortly after the open after President Trump, in a letter, says meeting with North Korea leader won’t take place. Trump cited North Korea’s “tremendous anger and open hostility” in recent statements as part of his decision to call off the summit. U.S. stocks fell sharply on the news, while defensive and … Read More

Morning Preview: May 24, 2018

Terrie AmengualDaily Market Insights

Early Look Thursday, May 24, 2018 U.S. stock futures are flat across the board, as volumes will likely dry up the next few days into the Memorial Day holiday weekend. U.S. stocks rebounded on Wednesday, closing near the best levels of the day after commentary from the Federal Reserve suggested the U.S. central bank was maintaining a calm attitude toward … Read More