Cardillo’s Corner

November 20, 2018

DJ Oil Slides Further as Equities Fall

• U.S. oil prices took another leg lower Tuesday afternoon after President Trump emphasized strong ties with the Saudi Arabian government. • Light, sweet crude for […]
November 16, 2018

Wall St set for mixed open after retail earnings

By Sruthi Shankar Nov 15 (Reuters) – U.S. stocks were set for a mixed open on Thursday, with hopes of a trade negotiation between the United […]
November 16, 2018

Wall Street sell-off turns to rally as hope returns

WASHINGTON (AFP) – US stocks snapped a four-day losing streak on Thursday (Nov 15), surging out of the red as oil prices stabilised and a Wall […]
November 13, 2018

Dow plunges by more than 600 points in massive market sell-off

The morning’s tech sector rout spread rapidly to other sectors as global trade fears combined with a stronger dollar to unsettle investors. By Lucy Bayly The Dow […]
November 12, 2018

Business For Breakfast Radio

November 12, 2018

Wall St Week Ahead-Investors focus on retailers as wages rise

By Caroline Valetkevitch NEW YORK, Nov 9 (Reuters) – U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s […]
November 12, 2018

S&P 500 snaps 3-day winning streak as the Fed looks to stay the course on raising rates

The S&P 500 closed lower on Thursday following big gains in the previous session as investors digested the latest monetary policy decision from the Federal Reserve. The broad […]
November 12, 2018

Business Live: Oil drops in price U-turn

Wall Street – nothing to see here There’s little change for US stocks after the Federal Reserve kept rates unchanged. Peter Cardillo, chief market economist for […]
November 8, 2018

Fed holds rates steady, sees economy on track

NEW YORK (Reuters) – The U.S. Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the […]