Cardillo’s Corner

July 7, 2018

Trade worries fester, even as Wall Street shrugs off latest tariffs

SAN FRANCISCO — Wall Street has taken the China-U.S. tariffs enacted on Friday in stride so far, but investors are on alert for a ramp-up in […]
July 6, 2018

US-EU trade war likely to be averted: Peter Cardillo, Spartan Capital Securities

Peter Cardillo, Chief Market Economist, Spartan Capital Securities, says Germany, Italy and France could agree on concessions and that should be enough to get the whole of […]
July 6, 2018

Futures dip as U.S.-China tariffs kick in; jobs data awaited

By Sruthi Shankar July 6 (Reuters) – U.S. stock index futures dipped on Friday after the United States and China slapped tit-for-tat duties on $34 billion […]
July 5, 2018

FTSE 100 preview: Index seen lower as US and Asia lose ground

By: Alice Young The FTSE 100 looks set to open lower this morning, following downbeat leads from the US and Asia where shares retreated on the […]
July 3, 2018

Dow drops more than 100 points in shortened session as Caterpillar, Apple shares fall

Fred Imbert | Sam Meredith Stocks fell on Tuesday as tech shares dropped sharply, while lingering concerns over a trade dispute between the U.S. and other major […]
June 28, 2018

Bond, equity markets transmitting trade war fears: Peter Cardillo, Spartan Capital Securities

The market is focussing on the fear that this could turn into a full-blown trade war and eventually impact US and possibly global growth, Peter Cardillo, Chief […]
June 22, 2018

World stocks gain despite trade war rumblings

AFP – The Nasdaq struck a new record and global stock markets recovered further Monday, shrugging off the trade fight between the Untied States and its […]
June 22, 2018

Stocks extend Friday’s rally on jobs report momentum

Stocks add to Friday’s gains as the strong May jobs report outweighs China’s weekend warning following another round of trade talks that any agreements reached on […]
June 22, 2018

Wall St. slips on renewed trade-war worries but posts monthly gains

April Joyner NEW YORK (Reuters) – U.S. stocks fell on Thursday after the United States moved to impose tariffs on metal imports from Canada, Mexico and […]