Cardillo’s Corner

October 1, 2018

Trade war could ‘take a bite’ out of US earnings: Economist

Peter Cardillo from Spartan Capital Securities says third-quarter earnings could take a hit due to the U.S.-China trade war as costs have been going up. Trade […]
October 1, 2018

Oil Flat, On Track Weekly Gain — Market Talk

08:42 ET – US benchmark oil prices are virtually flat early in NY but on track for a nearly 2% weekly gain that would be the […]
October 1, 2018

Stocks End Little Changed on Last Trading Day of Third Quarter

U.S. shares end third quarter with gains and are just shy of all-time highs By Jessica Menton and Riva Gold Updated Sept. 28, 2018 6:07 p.m. ET […]
October 1, 2018

Sunday outlook: Oil prices rise to levels last seen in 2014

Oil prices surged more than 1 percent on Friday on tightening global supply. Global markets retreated, Wall Street flattened. More commentary on Middle East market, currencies […]
October 1, 2018

Wall St falls on worries over Italy’s budget, trade concerns

BENGALURU (Sept 28): Wall Street declined on Friday, the last trading day of the third quarter, weighed by shares of US lenders as Italy’s budget worries […]
October 1, 2018

Futures dip as Italy’s deficit woes weigh

By Amy Caren Daniel Sept 28 (Reuters) – U.S. stock index futures dipped on Friday, the last trading day of the third quarter, on worries over […]
October 1, 2018

Futures edge higher as Fed’s move digested; Apple gains

By Amy Caren Daniel Sept 27 (Reuters) – U.S. stock index futures edged higher on Thursday on the back of high-flying companies such as Apple and […]
October 1, 2018

Spartan Capital Securities CME Peter Cardillo speaks to ET Now

27-Sept-2018 “The indices are pointing to higher opening after the Fed clearly indicated that more rates hikes are on their way,” Peter Cardillo, chief market economist […]
September 28, 2018

U.S. Stocks Edge Higher to End Third Quarter

Major indexes, which remain just below their all-time highs, are on course to end the quarter with big gains By Riva Gold and Jessica Menton Updated Sept. […]