Cardillo’s Corner

October 5, 2018

Dow tumbles on rate worries after this week’s record highs

This economy might be too much of a good thing. Traders were in sell mode Thursday on worries that a recent string of strong economic data […]
October 4, 2018

US STOCKS-Wall St set to open lower as Treasury yields jump

* 10-yr U.S. Treasury yield at highest since 2011 * Bank stocks among early gainers * Constellation Brands gains after lifting qtrly forecast * Futures drop: […]
October 4, 2018

US STOCKS-Futures rise on hopes of Italy’s budget concessions

* Futures gain: Dow 0.19 pct, S&P 0.25 pct, Nasdaq 0.25 pct By Medha Singh Oct 3 (Reuters) – U.S. stock futures rose on Wednesday, buoyed […]
October 1, 2018

Business for breakfast Radio interview

October 1, 2018

Trade war could ‘take a bite’ out of US earnings: Economist

Peter Cardillo from Spartan Capital Securities says third-quarter earnings could take a hit due to the U.S.-China trade war as costs have been going up. Trade […]
October 1, 2018

Oil Flat, On Track Weekly Gain — Market Talk

08:42 ET – US benchmark oil prices are virtually flat early in NY but on track for a nearly 2% weekly gain that would be the […]
October 1, 2018

Stocks End Little Changed on Last Trading Day of Third Quarter

U.S. shares end third quarter with gains and are just shy of all-time highs By Jessica Menton and Riva Gold Updated Sept. 28, 2018 6:07 p.m. ET […]
October 1, 2018

Sunday outlook: Oil prices rise to levels last seen in 2014

Oil prices surged more than 1 percent on Friday on tightening global supply. Global markets retreated, Wall Street flattened. More commentary on Middle East market, currencies […]
October 1, 2018

Wall St falls on worries over Italy’s budget, trade concerns

BENGALURU (Sept 28): Wall Street declined on Friday, the last trading day of the third quarter, weighed by shares of US lenders as Italy’s budget worries […]