Cardillo’s Corner

April 15, 2020

Wall Street jumps as hopes for easing lockdown offset earnings worry

NEW YORK (Reuters) – U.S. stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus outbreak overshadowed worrying […]
April 13, 2020

Stocks fall as crude gives up gains despite historic oil production cut

U.S. stocks fell Monday, as crude prices gave up gains despite an agreement by OPEC and other oil producing nations to cut production. The Dow Jones industrial […]
April 13, 2020

How will global economies react in the upcoming weeks to the oil production cut? Tune in for Peter Cardillo’s take!

How will global economies react in the upcoming weeks to the oil production cut? Tune in for Peter Cardillo’s take!@29_ruchibhatia pic.twitter.com/cYfCmkMDrH — ET NOW (@ETNOWlive) April […]
April 13, 2020

Oil Agreement Could Support Stocks, Providing a Floor

(Reuters) – An agreement by oil-producing nations on Sunday to cut output by a record amount may sustain a recent bounce in stocks, although stay-at-home restrictions […]
April 13, 2020

Oil agreement could support stocks, providing a floor

(Reuters) – An agreement by oil-producing nations on Sunday to cut output by a record amount may sustain a recent bounce in stocks, although stay-at-home restrictions […]
April 13, 2020

Wall Street in rally. La Fed torna in aiuto

April 9, 2020

Fed reveals details of $2.3 trillion to support the economy

#GlobalUpdate | Fed reveals details of $2.3 trillion to support the economy. Tune in as ET NOW’s @29_ruchibhatia speaks to Peter Cardillo, Chief Market Economist, Spartan […]
April 8, 2020

Oil Rises Ahead of EIA Data, OPEC — Market Talk

US oil prices rise 1.8% to $24.05/bb following a two-day 17% slide as investors await weekly EIA data at 10:30am ET that could show another large, […]
April 7, 2020

Stocks surge on hopes for easing virus crisis

NEW YORK – Global equity markets rebounded strongly Monday as some of the world’s worst-hit countries reported falling coronavirus death rates, while oil prices sank after […]