Cardillo’s Corner

May 23, 2018

Wall St. ends up as Fed seen keeping gradual approach to rate hikes

Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended with small gains on Wednesday after minutes from the Federal Reserve’s latest meeting suggested higher inflation may […]
May 22, 2018

Markets rise as Beijing and Washington avert trade war

By AFP – May 22, 2018 @ 7:20am NEW YORK: Global stock markets got a bounce Monday after the US and China effectively called a truce in what had […]
May 22, 2018

Trade, geopolitical uncertainty sends stocks lower; industrials sell off

Boeing was one of the day’s biggest drags U.S. stocks closed lower Tuesday, with major indexes turning decisively negative in afternoon trading and ending near their […]
May 18, 2018

Wall Street posts weekly loss as banks, chipmakers weigh

Stephen Culp NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the […]
May 18, 2018

US STOCKS-Wall St set to open lower, trade talks in focus

* China denies offering to cut $200 bln in U.S. trade surplus * Brent crude eyes sixth straight week of gains * 10-yr Treasury yield holds […]
May 17, 2018

US stocks rebound on solid economic data, corporate results

NEW YORK (AFP) – Wall Street rebounded strongly on Wednesday (May 16) as upbeat data about US industry and positive corporate results offset weak housing data […]
May 17, 2018

US stocks rebound on solid economic data, corporate results

NEW YORK: Wall Street rebounded strongly on Wednesday (May 16) as upbeat data about US industry and positive corporate results offset weak housing data and inflation jitters. The benchmark […]
May 14, 2018

At the open: TSX rises as energy shares gain

Canada’s main stock index opened higher on Monday, helped by gains in energy shares due to a rise in oil prices. The Toronto Stock Exchange’s S&P/TSX […]
May 14, 2018

Wall St. Ekes Out Gains as Trade Optimism Pressured by Defensive Stocks

By Stephen Culp NEW YORK (Reuters) – Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following U.S. […]