Cardillo’s Corner

May 17, 2018

US stocks rebound on solid economic data, corporate results

NEW YORK: Wall Street rebounded strongly on Wednesday (May 16) as upbeat data about US industry and positive corporate results offset weak housing data and inflation jitters. The benchmark […]
May 14, 2018

At the open: TSX rises as energy shares gain

Canada’s main stock index opened higher on Monday, helped by gains in energy shares due to a rise in oil prices. The Toronto Stock Exchange’s S&P/TSX […]
May 14, 2018

Wall St. Ekes Out Gains as Trade Optimism Pressured by Defensive Stocks

By Stephen Culp NEW YORK (Reuters) – Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following U.S. […]
May 14, 2018

World stocks rise amid U.S.-China trade hopes; oil gains

By Lewis Krauskopf NEW YORK (Reuters) – A gauge of stocks around the world reached its highest point in about two months on Monday amid hopes […]
May 10, 2018

Peter Cardillo on the role of corporate responsibility

CGTN speaks with Peter Cardillo, Chief Market Economist with Spartan Capital Securities, about corporate responsibility. Source: https://www.youtube.com/watch?v=B4JrXdJcGxk
May 9, 2018

How major United States stock indexes fared Monday

The Nasdaq Composite closed at 7,266.90 for a gain of 1.69 points or 0.02%. Shares of Exxon (XOM.N) rose 1.1 percent in premarket trading, while Chevron (CVX.N) was up 0.7 […]
May 8, 2018

Wall Street set for gains as oil hits $70

By  Trend U.S. stocks were on track to open higher on Monday, with energy shares gaining on the back of surging oil prices and Starbucks getting a […]
May 7, 2018

Apple leads Wall Street higher; energy rally fades

(Reuters) – Wall Street climbed on Monday, boosted by Apple’s sixth straight day of gains and by a surge in oil prices to their highest since […]
May 7, 2018

Stocks close well off session highs after Trump tweets decision on Iran deal coming

The Dow Jones industrial average ended 94 points higher after rising as much as 200 points, while the S&P 500 posted a gain of 0.4 percent. […]