Cardillo’s Corner

August 13, 2021

Wall Street ends small, the Dow Jones and S&P 500 grab another record

The New York Stock Exchange finished modestly in the green on Thursday, with the Dow Jones and the S&P 500 grabbing their third records of the […]
August 11, 2021

INSTANT VIEW 1-U.S. July CPI data show consumer price increases slowed, inflation still high

Updates with more comments NEW YORK, Aug 11 (Reuters) – U.S. consumer price increases slowed in July but inflation overall remained historically high amid continued supply-chain […]
August 10, 2021

Powell’s Future Could Depend on How Long Inflation Lasts

Replacing Jerome Powell at the Fed would be a mistake, warns Spartan’s Peter Cardillo. “The markets could negatively react to a change of guard,” he says […]
August 10, 2021

DOW -WSJ Interview

DJ ”Oversold” Crude Oil Prices Climb More Than 1% — Market Talk 08:37 ET – US benchmark oil prices climb 1.8% to $67.69 a barrel, while […]
August 9, 2021

Dow, S&P 500 end slightly lower as commodity rout and climbing COVID cases weigh on market

By Joy Wiltermuth and  Mark DeCambre Goldman Sachs cuts China growth forecast; Moderna’s stock ends at all-time high U.S. stock indexes closed mostly lower Monday, as […]
August 6, 2021

Employment Rise Could Prompt Fed to Taper Sooner — Market Talk

July’s bullish employment numbers “might prompt the Fed to be more hawkish,” Spartan’s Peter Cardillo tells WSJ as non-farm payrolls increase by a better-than-expected 943k. “It […]
August 6, 2021

US STOCKS-S&P 500 set for muted open as strong jobs report sparks inflation worries

* July nonfarm payrolls rises by 943,000; unemployment rate falls * Zynga dives on bleak bookings forecast, acquisition plans * Futures: Dow up 0.29%, S&P flat, […]
August 3, 2021

Le Fonti International – 8/3/21

August 3, 2021

Wall Street loses momentum, the Dow Jones ends lower in the first session of the month

The New York Stock Exchange, which had started the first session of the month in the green, cooled at the close, with the Dow Jones ending […]