GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Oh Canada! Stocks rallied yesterday but closed mixed on news of a late weekend trade accord with Canada. The new trade deal, which is touted as being the new NAFTA is called the USMCA and it includes the US, Mexico, and Canada like its predecessor. The news gave a bull rush to the Dow Jones and the...

Final Friday frolic. Stocks traded mixed in volatile trading with little in the way of credible stimulus on the last trading day of the quarter. News of Elon Musk being sued by the SEC and Facebook’s latest security breach certainly roiled markets but did not ultimately have a large effect on them....

Here we go again. Fed raises rates as expected, traders parse the text and dots, analysts analyze the well-crafted speech, traders decide economy is still good to go. But wait, some bad trade news… buy techs. That sums up yesterday’s markets narrative as investors decided that Jay Powell’s speech...

Connect the dots. I’ve said it before, it’s all about the dots and, of course, the Federal Reserve that creates them. Markets spent the majority of yesterday’s session in the green led by tech and growth oriented stocks and then came the Federal Reserve’s rate announcement. The Fed announced a 25...

It’s a small world. But not in the eyes of the current administration as Trump publicly rejected globalization in his United Nations speech yesterday. The admission served to weaken an already shaky market with investors not quite over their trade fears from Monday’s session. The S&P500 and Dow...

A familiar tune. It was the all-too-familiar trade tension that crept its way back into the markets yesterday. Before we move on from the blame game, let’s remember that it was trade-related over-exuberance that propelled the Dow and S&P to new highs last week. One might call it a double-edge sword...

The summer wind. Or at least the last puff of it propelled the once lagging Dow Jones Industrials to another new high on Friday capping off a hot summer for stocks. Yes, once again the industrials muscled to a new high as continued euphoria from earlier in the week spilled over into Friday’s equity...