Cardillo’s Corner

Minutes from the Fed’s April 28-29 meeting will be released at 2 p.m. U.S. stocks are higher on Wednesday, following upbeat quarterly corporate results from retailers […]

08:26 ET – US oil prices are rising for a fifth straight session as rebounding demand is starting to reduce US inventories that became bloated during […]

(New York) The New York Stock Exchange closed sharply higher on Monday, buoyed by encouraging preliminary results from clinical trials of a coronavirus vaccine and generally […]

(Reuters) – U.S. stock indexes were set to open sharply higher on Monday on optimism fueled by encouraging data from a potential COVID-19 vaccine trial, with […]

The U.S. economy will have some sort of recovery in the fourth quarter of this year, and going into the first quarter of 2021, Peter Cardillo, […]

(Reuters) – U.S. stock index futures ticked higher on Tuesday on hopes that the easing of virus-led business shutdowns would help jump-start a battered global economy, […]

(Reuters) – There is little chance the U.S. Federal Reserve will take interest rates into negative territory even as financial markets have begun pricing in such […]