Cardillo’s Corner

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 […]
November 12, 2018

Business Live: Oil drops in price U-turn

Wall Street – nothing to see here There’s little change for US stocks after the Federal Reserve kept rates unchanged. Peter Cardillo, chief market economist for […]
November 8, 2018

Fed holds rates steady, sees economy on track

NEW YORK (Reuters) – The U.S. Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the […]
November 8, 2018

Dow surges nearly 550 points because investors like divided government

By Chris Isidore, CNN Busines By Chris Isidore, CNN Business Wall Street likes divided government, and investors got just what they were hoping for. Stocks moved […]