Cardillo’s Corner

May 28, 2018

Stocks close mixed as oil prices, energy companies fall sharply

“The OPEC members and their partners are beginning to discuss the possibility to increase their production which is quite bearish for oil prices and the energy […]
May 25, 2018

S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq

Caoline Valetkevitch NEW YORK (Reuters) – The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but losses […]
May 25, 2018

S&P, Dow fall as oil drop hurts energy; chipmakers boost Nasdaq

Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 and the Dow eased on Friday after a steep drop in oil prices pressured energy stocks, but […]
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 […]