Cardillo’s Corner

December 27, 2018

Dow surges over 1,000 points, biggest single-day gain in history

Santa Claus came a little late this year — but Wall Street is smiling anyway. The Dow Jones industrial average surged 1,086.25 points on Wednesday — […]
December 26, 2018

Dow surges 700 points, recovers from Christmas Eve plummet

Santa Claus came a little late this year — but Wall Street is smiling anyway. The Dow Jones industrial average surged nearly 700 points in late […]
December 26, 2018

Wall St set to rebound after four-session slide

By Medha Singh Dec 26 (Reuters) – Wall Street was set to rise at open on Wednesday, indicating a slight respite after a punishing few sessions […]
December 26, 2018

None of the markets will hold out if trade war persists: Peter Cardillo, Spartan Capital Securities

It’s not normalisation of US interest rates, but trade war spillovers that are causing market headache, says Peter Cardillo, Chief Market Economist, Spartan Capital Securities. He […]
December 26, 2018

S&P & Dow gains momentarily, as Nasdaq sweeps in volatile Friday session

Earlier on Friday, the 21st of December, the Wall Street had been swaying between gains and losses in volatile trading sessions, while the traders chiefly blamed […]
December 26, 2018

World markets volatile as growth slows

Medha Singh December 22 2018 2:30 AM Wall Street swung between losses and gains in volatile early trading yesterday, with only the defensive sectors staying higher […]
December 26, 2018

Global stocks battered amid US budget brawl, Brent at $55

AFP – Global stocks plunged Thursday as worries about a possible US government shutdown compounded fears of slowing global growth that pushed oil prices to fresh […]
December 26, 2018

US STOCKS-Futures extend slide on growth fears, government shutdown threat

(For a live blog on the U.S. stock market, click LIVE/ ortype LIVE/ in an Eikon news window.) * Futures drop: Dow 0.46 pct, S&P 0.57 […]
December 26, 2018

Futures extend slide on growth fears, government shutdown threat

By Medha Singh (Reuters) – S&P 500 e-minis logged their biggest losing streak in seven years on Friday, dropping about 0.6 percent on growing worries of […]