Cardillo’s Corner

April 27, 2020

Wall Street rises on hopes worst for labor market is over

(Reuters) – Wall Street gained on Thursday as jobless claims declined for the third straight week, raising hopes the worst of the coronavirus pandemic’s impact on […]
April 27, 2020

Apple, Microsoft propel Wall Street rally

Wall Street rose Friday in a choppy session. Investors drove up shares of Apple and Microsoft ahead of their earnings reports next week. Oil prices rose […]
April 27, 2020

Per il petrolio la settimana peggiore di sempre

April 27, 2020

U.S. headed for a ‘depression’: economist

Actions taken by the Fed and the government suggest the U.S. economy is headed for a depression, says Spartan Capital Securities chief market economist Peter Cardillo. […]
April 24, 2020

US STOCKS-Wall St rises on hopes worst for labor market is over

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * U.S. weekly jobless claims fall to 4.43 million […]
April 24, 2020

Stocks fall as investors brace for earnings hit from coronavirus

U.S. stocks fell on Monday, erasing some of the market’s big gains from last week, as investors braced for a sobering first look at how the […]
April 21, 2020

AFP Interview 4/20

Coronavirus – Wall Street sees red after historic collapse of black gold   As a result of a major economic slowdown resulting from the coronavirus pandemic, […]
April 21, 2020

Fengshows Article

April 20, 2020

WTI Oil Drops to 10 Cents a Barrel — Market Talk

14:04 ET – US benchmark oil prices tumble further, trading 99% lower at 10 cents a barrel as traders try to sell the front-month contract for […]