Cardillo’s Corner

May 6, 2021

On Wall Street, the Dow Jones ends on a record, the Nasdaq is losing ground

The New York Stock Exchange closed in scattered order on Wednesday, with the Dow Jones Flagship Index hitting a new record, while Nasdaq technology stocks retreated […]
May 4, 2021

Treasurys Rally Despite Bullish Economic Data — Market Talk

The 10-year Treasury yield weakens to 1.585% versus 1.606% Monday, despite promising economic data. The fact that the Fed “keeps talking down inflation” could help explain, […]
May 4, 2021

Treasury Yields Keep Rising Ahead of Fed Meeting — Market Talk

Investors sell off Treasurys for the third consecutive day, sending the 10-year yield to 1.578%, up from Monday’s 1.568%. The lower demand for the bonds’ safety […]
May 3, 2021

Dow futures rise around 200 points to start May trade

Powell is scheduled to speak at 2:20 p.m. ET at the Just Economy conference U.S. stocks on Monday were seen trading higher to start the week […]
April 30, 2021

Nei primi 100 giorni di Biden, il rally azionario migliore dal 1933 Fed paziente

Big Tech regine della pandemia. Aprile in rialzo per l’azionario
April 30, 2021

Wall Street drifts lower; S&P 500 on track for third straight month of gains

Wall Street’s three main indexes fell on Friday as investors hit pause after a barrage of strong quarterly earnings and upbeat economic data put the benchmark […]
April 29, 2021

Wall Street ends up in the red after the Fed and before Apple and Facebook

The New York Stock Exchange ended modestly in the red on Wednesday after the US Central Bank expected interest rates to remain close to zero and […]
April 29, 2021

Inflation won’t be temporary -economist

The Federal Reserve again said it sees inflation as “transitory,” but market economist Peter Cardillo of Spartan Capital Securities tells Reuters’ Fred Katayama why inflation will […]
April 28, 2021

U.S. growth, deficits to push dollar lower, real yields to support

(Reuters) – The U.S. dollar is expected to continue declining, pressured by rising trade and fiscal deficits along with recovering growth that is being powered by […]