Cardillo’s Corner

July 1, 2021

S&P 500 kicks off quarter with sixth straight record close in sight

NEW YORK (Reuters) – The S&P 500 was on its way to its sixth consecutive all-time closing high on Thursday, as investors greeted a new quarter […]
July 1, 2021

S&P 500 begins second half of 2021 at new peak as labor market heals

July 1 (Reuters) – The S&P 500 index kicked off the second half of the year at a record high on Thursday as data showed fewer-than-expected […]
July 1, 2021

WTI Oil Prices Approaching 7-Year High — Market Talk

US benchmark oil prices jump 2.8% to $75.51 a barrel and are now less than $1 from levels not seen since 2014. Investors are betting OPEC […]
June 30, 2021

Reuters T V Interview 6-30-21

As the S&P 500 climbs to one record after another, Spartan Capital Securities Chief Market Economist Peter Cardillo tells Reuters’ Fred Katayama why he thinks investors […]
June 28, 2021

On Wall Street, the S&P 500 ends the week on a record

The S&P 500 index, which includes the 500 largest companies listed on Wall Street, finished at a high on Friday after US figures showing high inflation […]
June 23, 2021

Bitcoin drops below $30,000 for the first time since Jan | Peter Cardillo on ET Now

On June 23, the global cryptocurrency market is mixed. The market capitalization now stands at $1.34 trillion, up 2.53 percent from the previous day. The overall […]
June 22, 2021

WSJ Dow Interview

US benchmark oil prices continue to rise, up 0.2% at $71.75 a barrel after notching four consecutive weekly increases, the longest winning streak in six months. […]
June 11, 2021

Wall Street flat with Fed meet in focus

U.S. stock indexeswere flat on Friday as focus turned to next week’s Federal Reserve meeting, while technology and growth- exposed sectors gained after inflation data calmed […]
June 10, 2021

Le Fonti Interview 6-10-21