Cardillo’s Corner

November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.
November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.
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 […]