Morning Preview: July 5, 2018

Terrie AmengualDaily Market Insights

Early Look Thursday, July 5, 2018 U.S. and European markets are pushing higher as traders return from the 4th of July holiday amid reports of a potential softening in the Trump administration’s tariff threat. German newspaper Handelsblatt said a U.S. official has told Germany’s car chiefs that the U.S would be prepared to stop threatening to impose stiff tariffs on … Read More

Market Review: July, 03, 2018

Terrie AmengualDaily Market Insights

Closing Recap Tuesday, July 3, 2018 Equity Market Recap · U.S. stock slumped late day, erasing earlier gains, with the NASDAQ leading markets lower this holiday abbreviated market session, while the Dow & S&P also slumped late day. The Dow Industrials fell more than 300-points from its intraday high, back below its 200-day moving average of 24,344. Defensive assets led … Read More

Morning Preview: July 3, 2018

Scott GreenDaily Market Insights

Early Look Tuesday, July 3, 18 The late day rally that reversed markets higher late Monday afternoon has carried over to Tuesday morning trading, with stock futures tracking gains in Europe with Germany finding relief in Merkel’s migration deal. Trading volumes are expected to be lower than normal because of the Fourth of July holiday on Wednesday with U.S. markets … Read More

Market Review: July, 02, 2018

Terrie AmengualDaily Market Insights

Closing Recap Monday, July 2, 2018 Equity Market Recap · U.S. stocks sputtered early, with major averages falling sharply lower amid ongoing trade concerns between the U.S. and trading partners China, EU, Canada and Mexico. However, stocks ended firmly higher, closing near the best levels, with some noting President Trump’s rejection of taking any action on leaving the WTO, as … Read More

Mid-Morning Look: July 02, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Monday, July 02, 2018 U.S. equities advanced on Friday, led by gains in banking stocks after many of the big banks and card companies said they would return capital to shareholders after passing the Federal Reserve’s stress tests, providing a boost for a sector that has lagged the last two-weeks. Another spike in oil prices, with WTI crude … Read More

Morning Preview: July 2, 2018

Scott GreenDaily Market Insights

Early Look Monday, July 2, 18 Stocks on track to start the week under pressure, with Dow futures down over -150 points, tracking both Asian and European markets lower as U.S. President Donald Trump signaled his resolve to target exports from the European Union. Trump, in a Fox News interview on Sunday, once again claimed European officials haven’t acted fairly … Read More

Market Review: June 29, 2018

Terrie AmengualDaily Market Insights

Closing Recap Friday, June 29, 2018 Equity Market Recap · U.S. stocks end the day higher, but it wasn’t enough to erase earlier losses on the week, as major averages ended the quarter in upbeat fashion led by energy and financial stocks. WTI crude rallied to $74.10 (new 4 ½ year highs), while Brent jumped near $80 a barrel, following … Read More

Mid-Morning Look: June 29, 2018

Terrie AmengualDaily Market Insights

Mid-Morning Look Friday, June 29, 2018 U.S. equities advanced on Friday, led by gains in banking stocks after many of the big banks and card companies said they would return capital to shareholders after passing the Federal Reserve’s stress tests, providing a boost for a sector that has lagged the last two-weeks. Another spike in oil prices, with WTI crude … Read More

Morning Preview: June 29, 2018

Terrie AmengualDaily Market Insights

Early Look Friday, June 29, 2018 U.S. stocks are currently higher, looking to build on its gains from Thursday, after reports China eased foreign investment limits, but underlying sentiment remained soft over trade friction concerns as U.S. and Chinese tariffs were set to take effect next week. After falling to fresh two-year lows on Thursday, shares in China rebounded Friday. … Read More

Morning Preview: June 28, 2018

Terrie AmengualDaily Market Insights

Early Look Thursday, June 28, 2018 Stock futures are rebounding in the U.S., though markets are lower in Europe and were mixed in Asia as markets still continue to focus on every word out of Washington related to the issues on trade between the U.S. and China. On Wednesday, President Donald Trump’s administration seemed to back away from invoking executive … Read More