Cardillo’s Corner

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 […]
July 1, 2020

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June 29, 2020

Stocks rebound after selloff on recovery hopes

Stocks advanced Monday following last week’s selloff as investors weighed a resurgence in coronavirus cases and the possibility of further lockdowns with hopes of more monetary stimulus. […]
June 29, 2020

Dow futures on rise to kick off holiday-shortened week even as global coronavirus cases top 10 million

U.S. stock-index futures on Monday pointed to a slightly higher open even as data over the weekend highlighted the persistence of coronavirus in hot spots, including […]