Cardillo’s Corner

November 12, 2018

Wall St Week Ahead-Investors focus on retailers as wages rise

By Caroline Valetkevitch NEW YORK, Nov 9 (Reuters) – U.S. companies are warning about rising wages eating into profit margins, increasing investor worries that next year’s […]
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 […]