Cardillo’s Corner

July 8, 2019

Dow falls 150 points as Apple leads tech slide

Stocks fell on Monday as losses in Apple shares pressured the broader tech sector. Investors also braced for key testimony from the top Federal Reserve official […]
July 5, 2019

Weak economic data, tariff concerns weigh on stocks globally

NEW YORK (Reuters) – Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed a U.S.-China trade truce against Washington’s […]
July 5, 2019

Wall Street closes at record highs before Fourth of July

Fourth of July fireworks went off early on Wall Street as signs of a slowing economy gave traders reason to hope for more handouts from the […]
July 4, 2019

US STOCKS-S&P 500 set to open at record high on rising rate cut hopes

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * U.S. 10-yr Treasury yields fall to lowest since […]
July 2, 2019

US STOCKS-Wall Street slips as trade optimism fades

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * USTR threatens $4 bln in additional tariffs on […]
July 2, 2019

GLOBAL MARKETS-Relief rally fades fears of expanding trade wars

By David Randall NEW YORK, July 2 (Reuters) – The global stocks rally that followed progress on U.S.-China trade relations stalled on Tuesday, pressured by weak […]
June 26, 2019

Pompeo, Jaishankar And Modi Meet 6-26-19

  Peter Cardillo of Spartan Capital Securities gives his take on what is expected out of the market in view of rising United States and Iran […]
June 25, 2019

Instant view: Powell – Fed is ‘insulated’ from short-term political pressure

(Reuters) – Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers faced new calls by […]
June 25, 2019

Business For Breakfast 6-25-19