Cardillo’s Corner

October 8, 2018

Get defensive in stocks, yields could rise to 3.5 percent, says Peter Cardillo

As the Nasdaq and S&P broke below some key technical levels Friday, the chief market economist of Spartan Capital Securities tells Reuters’ Fred Katayama the stock […]
October 8, 2018

S&P 500 posts worst week in nearly a month as rates pop

The broad index fell nearly 1 percent this week, posting its worst weekly performance since September. The U.S. economy added 134,000 in September, well below the […]
October 8, 2018

Stocks tick lower, rates continue to rise in wake of jobs report

Stocks inch lower following the release of the September jobs report, which showed a weaker than expected increase in non-farm payrolls with a notable upward revision […]
October 5, 2018

Wall Street succumbs to soaring bond yields

(Reuters) – U.S. stocks fell broadly on Thursday, mirroring weakness in the global markets, as government bond yields surged to multi-year highs on robust U.S. economic […]