Cardillo’s Corner

June 1, 2020

US STOCKS-Wall St rises as recovery hopes offset U.S. protests, China tensions

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Target, Walmart shut stores as protests turn violent […]
May 29, 2020

Il NYSE riapre. WS chiude secondo mese di fila in rialzo

May 29, 2020

Peter Cardillo speaks on the opening of US markets & it’s affect

US Markets open with negative bias. investors await for the President Donald Trump’s press conference. Dow Jones slides over 100 points at open. Tune in as […]
May 28, 2020

AFP interview as of 5/26

Wall Street welcomes gradual recovery in economic activity The New York Stock Exchange rose sharply on Tuesday, showing optimism about the gradual resumption of economic activity, […]
May 28, 2020

Wall Street rises with economic hopes; bank stocks jump

(Reuters) – U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of […]
May 28, 2020

Buy stocks on pullbacks: market economist

Spartan Capital’s Peter Cardillo says the massive amounts of liquidity pumped in by central banks will keep boosting stocks even though the outlook for earnings and […]
May 27, 2020

Global Equities Continue to Ride Pandemic Recovery Hopes Higher

Stocks are rallying as investors focus on reopenings across the country, hints that the U.S. is considering cash incentives to get people back to work, and news of […]
May 27, 2020

‘Rally of hope’: Why the S&P soared back past 3,000

NEW YORK (Reuters) – Unthinkable just two months ago as the world economy shut down in response to the coronavirus pandemic, the U.S. stock benchmark S&P […]
May 26, 2020

Instant View: S&P rises above 3,000 level for first time since March

(Reuters) – U.S. stocks rose above the 3,000 level for the first time since March 5 on Tuesday, continuing a rally that has pushed the benchmark […]