Cardillo’s Corner

October 8, 2018

FTSE 100 preview: Index seen flat as Asia falls

The UK benchmark index looks set to start the new week little changed, following the previous session’s hefty losses, following a slump in Asia. In company […]
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 […]
October 5, 2018

Stocks open little changed as rates pop on jobs report

Stocks opened little changed on Friday after the release of mixed employment data jolted interest rates higher. The Dow Jones Industrial Average rose just 9 points […]
October 5, 2018

Stock futures point to modest losses after payroll report

S&P 500 coming off biggest drop since June U.S. stock-index futures pointed to a slightly lower open on Friday, after the September payrolls report came in […]
October 5, 2018

Dow tumbles on rate worries after this week’s record highs

This economy might be too much of a good thing. Traders were in sell mode Thursday on worries that a recent string of strong economic data […]
October 4, 2018

US STOCKS-Wall St set to open lower as Treasury yields jump

* 10-yr U.S. Treasury yield at highest since 2011 * Bank stocks among early gainers * Constellation Brands gains after lifting qtrly forecast * Futures drop: […]