Cardillo’s Corner

January 2, 2020

Wall Street falls from records, leading Europe lower

Wall Street on Monday had its worst day in nearly a month, falling from records as investors took profits after the extended rally of recent days. […]
January 2, 2020

Dow jumps 300 points to start 2020, continuing last year’s big rally

Stocks rose to all-time highs on Thursday, led by tech shares, as the strong rally in 2019 continued in the first trading day of the new […]
January 2, 2020

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January 2, 2020

Trade deals will boost growth in ’20: economist

Trade deals with Mexico, Canada, and China will boost economic growth next year, says Spartan Capital economist Peter Cardillo. Political risk could send stocks down but […]
January 2, 2020

Markets to start 2020 on a high, but will it stay that way?

‘Santa’ spirits to quiet down this week as investors head for the new year Dubai: With world stocks scaling record highs, analysts said they expected it […]
January 2, 2020

Wall Street slips from record highs

Investors booked profits on the second to last day of what has been a most bountiful trading year. Tech stocks led the broad-based pullback Monday. The […]
December 27, 2019

Wall St. set for another record high as year-end rally continues

(Reuters) – U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy […]
December 27, 2019

Amazon’s ‘record’ holiday sales helps Nasdaq blow past 9,000

Amazon’s “record-breaking” holiday season drove the stock up 4.5% on Thursday and helped lift the Nasdaq composite index above 9,000 for the first time ever. The […]
December 26, 2019

Wall Street at record highs, driven by Boeing and trade

The main indices of the New York Stock Exchange broke records Monday, supported by the sharp rise in the action of Boeing, whose boss announced his […]