Almost the entire news cycle for stock markets is devoted to how the trade war has been extremely detrimental for the US economy and that a trade deal could lead to a big rally. To the contrary, one high profile equity strategist is not convinced that the Dow is a buy, or even that Trump’s […]
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A tumultuous day of trade for the US stock market on Tuesday has the Dow Jones looking vulnerable at the open of trade Wednesday. The bears sold a rally in the Dow late, and a test of critical congestion/support around the 200-day moving average looks increasingly probable as momentum turns to the downside in the […]
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Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart […]
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Dow Jones Industrial Average (DJIA) futures jumped almost 100 points on the first day of October. The move kicks off what is historically an “explosive” month for the stock market. October is the most volatile month of the year, playing host to multiple crashes including Black Thursday back in 1929. After a relatively mellow September, […]
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Based on the performance of the Dow Futures, the Dow Jones is expected to open at close to 27,000 points, swiftly reversing what could have been a steep downtrend in the U.S. stock market following the submission of an impeachment inquiry by the Democratic Party. Dow Futures show that the Dow Jones is expected to […]
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Dow Jones Industrial Average (DJIA) futures ticked lower in early trading Wednesday, pointing to a weak stock market open as the threat of Donald Trump’s impeachment ramps up. Speaker of the House of Representatives Nancy Pelosi launched an official impeachment enquiry on Tuesday, prompting those involved in Nixon’s Watergate investigation to draw eerie parallels to […]
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The Dow Jones Industrial Average could be gearing up for another record run. | AP Photo / Richard Drew Following the unexpected decision of U.S. President Donald Trump to consider establishing a partial trade deal with China ahead of the new round of trade deal talks, the Dow Jones increased by around 500 points within […]
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The Dow Jones pounded toward an impressive recovery on Wednesday despite opening sharply lower. The oil price also trended higher as supply dwindled. | Source: Scott Olson / Getty Images / AFP The Dow Jones shrugged off an opening-bell dive to rally back into the green on Wednesday. Appetite for stocks continues to look firm, […]
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By CCN Markets: The Dow Jones clung to gains of more than 250 points on Monday after President Donald Trump held a joint press conference with French President Emanuel Macron at the G7 in France. While the stock market edged back toward its session highs, Trump appeared unable to offer anything fresh for bulls to […]
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As the Dow Jones scrambles to move past last week’s roller-coaster, scrutinize the Fed minutes for proof of a dovish rebellion. | Source: ANDREW CABALLERO-REYNOLDS / AFP By CCN Markets: The Dow Jones looked dead and buried last week after a devastating 800 point decline, but an end-of-week recovery left the stock market on relatively […]
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