Cardillo’s Corner

September 25, 2019

Wall Street rises on Trump’s trade comments; Nike hits record high

(Reuters) – U.S. stock indexes rose on Wednesday after President Donald Trump said a trade deal with China could happen sooner than expected, while Nike’s shares […]
September 23, 2019

U.S. Stock ETFs Inch Higher as Mixed Economic Data Mute Gains

U.S. markets and stock ETFs inched higher on Monday as gains were muted by cautious sentiment amid mixed economic signals. On Monday, the Invesco QQQ Trust (NASDAQ: […]
September 23, 2019

Le Fonti International – September 23

September 23, 2019

Wall Street subdued on mixed PMI, U.S.-China trade concerns

(Reuters) – Wall Street’s main indexes were flat on Monday as mixed economic cues did little to soothe investor concerns over slowing domestic growth in the […]
September 19, 2019

Markets Little Moved As US Fed Delivers Rate Cut

Wall Street had a split finish on Wednesday while other markets kept to the sidelines as the US Federal Reserve announced its second interest rate cut […]
September 19, 2019

Preview: U.S. Fed confronts new complexities

Markets went on pause on Wednesday (September 18) – ahead of a Fed that looks almost certain to come off it. After the U.S. central bank […]
September 18, 2019

Stocks rise slightly ahead of the Fed’s decision on interest rates

Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting. The Dow Jones Industrial Average rose 33.98 points, […]
September 18, 2019

Le Fonti International – September 17

September 17, 2019

Economy doesn’t need rate cut – Cardillo

Spartan Capital Securities’ chief market economist Peter Cardillo sees a quarter point rate cut Wednesday, and he tells Reuters’ Fred Katayama it’ll be part of the […]