Cardillo’s Corner

July 8, 2020

S&P 500 falls for the first time in six days, Nasdaq retreats from record high

Stocks fell on Tuesday as a rally in mega-cap tech shares lost steam and concerns about the coronavirus outbreak dampened investor sentiment. The S&P 500 slid 1.1% to […]
July 8, 2020

Nasdaq hits record closing high as Wall Street rises with tech shares

(Reuters) – U.S stocks rose on Wednesday and Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound offset […]
July 8, 2020

Stocks kick the week off higher as investors shrug off virus worries

U.S. stocks followed Asian markets higher Monday as investors shook off worries about rising coronavirus infections in the United States and some other countries and focused […]
July 8, 2020

Wall Street set to gain on rebound hopes despite jump in virus cases

(Reuters) – Wall Street’s main indexes were set to open slightly higher in choppy trade on Wednesday as investors’ faith in an economic recovery wobbled on […]
July 7, 2020

Nasdaq rises as major tech stocks Apple and Microsoft hit record highs, S&P 500 falls slightly

The Nasdaq Composite rose on Tuesday, recovering from a decline earlier in the session, as shares of major tech companies such as Microsoft and Apple outperformed. The tech-heavy index gained 0.15% and […]
July 2, 2020

Stock market: Nasdaq at a peak, the Dow takes a break

MARKET REVIEW – The major indices of the New York Stock Exchange had various fortunes on Wednesday, the Dow Jones Industrial Average pausing after a start […]
July 2, 2020

June U.S. payrolls rise sets record amid virus reopenings

(Reuters) – The U.S. economy created jobs at a record clip in June as more restaurants and bars resumed operations, further evidence that the COVID-19 recession […]
July 1, 2020

Global Equities Drop as New Quarter Starts With a Focus on Virus Worries

Global equities kicked off the fresh quarter with losses as concerns over the pandemic’s spread in the U.S. spooked investors, although the red ink diminished after […]
July 1, 2020

Gold prices retreat to start July after the notching their highest finish since 2011

Gold futures were drifting lower Wednesday after topping $1,800 and marking the highest finish since in about nine years Tuesday, as uncertainty about the economic recovery […]