Cardillo’s Corner

June 23, 2020

Stocks recover from overnight losses on China trade deal relief

U.S. stocks rebounded Tuesday from overnight losses after Washington reassured investors that the trade accord with China was still intact. The Dow Jones industrial average climbed […]
June 23, 2020

Wall Street higher on signs of recovery, Nasdaq hits record high

(Reuters) – Wall Street’s three major indexes rose on Tuesday as improving economic data and the prospect of more stimulus bolstered hopes of a swift recovery, […]
June 23, 2020

Wall Street in the green, NASDAQ hits a new record

(New York and Toronto) Wall Street started the week on a high note on Monday and its highly technological index, the NASDAQ, benefited from the good […]
June 23, 2020

Dow futures rise 200 points after Trump trade adviser walks back statement that China trade deal ‘over’

In comments made to WSJ, Navarro attempts to walk back earlier statements that the trade pact was ‘over’; Trump confirms trade deal intact U.S. stock-index futures […]
June 16, 2020

Wall Street jumps on glimmers of economic recovery

NEW YORK (Reuters) – Wall Street surged on Tuesday as a record jump in retail sales indicated the U.S. economy is on the road to recovery, […]
June 16, 2020

Dow pares gains in final hour of trade, after Powell says Congress may need to spend more to bolster economy

Wall Street parses Fed Chairman Jerome Powell’s testimony U.S. stocks are higher, but paring gains in the final hour of trade, in the wake of testimony […]
June 16, 2020

Stocks rebound as markets swing on coronavirus fears

Stocks clawed back gains Monday, erasing early losses after the Federal Reserve signaled it would further support financial markets in the wake of the coronavirus pandemic, […]
June 15, 2020

How will the spike in COVID cases impact the global market? I Peter Cardillo to ET Now

Peter Cardillo, an economics and market expert working in Wall Street talks about the future of the global market as it faces the COVID-19 threat. As […]
June 15, 2020

Dow drops more than 400 points as Wall Street adds to last week’s sharp losses, airlines fall

Stocks dropped on Monday as investors grapple with signs of a second wave of coronavirus cases as the U.S. economy reopens. The Dow Jones Industrial Average fell […]