Cardillo’s Corner

April 4, 2019

US STOCKS-Chip index at record, boosts Wall St as trade hopes build

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * White House sees ‘headway’ in U.S.-China trade talks […]
April 3, 2019

S&P 500 rises, posts 5-day winning streak on trade deal hopes

Stocks rose slightly on Wednesday as investors cheered a nearing trade deal between the U.S. and China, though softer measures on payrolls and the service economy […]
April 2, 2019

Dow Jones Rises 300 Points on Strong US and China Data

BY TEUTA FRANJKOVIC ON TUESDAY, APRIL 2ND, 2019 10:03AM UTC LEAVE A COMMENT The Dow Jones Industrial Average is up 329.74 points. Stocks strengthened worldwide as strong manufacturing data […]
April 1, 2019

N American Morning Briefing: Stocks to Soar on Chinese Data; PMI In Focus

DJIA      26140.30 215.00 0.83% S&P 500    2855.57  22.25 0.79% Nasdaq 100 7458.20  81.50 1.10% As of 5.43am FTSE 100   7345.33  66.14 0.91% Xetra DAX 11656.03 129.99 […]
April 1, 2019

Trade hopes lift Wall Street; S&P 500 notches best quarter since 2009

NEW YORK (Reuters) – U.S. stocks ended the final trading day of the first quarter on a strong note on Friday and the S&P 500 posted […]
March 29, 2019

Oil Surges 2%, Set for Largest Quarter Gain Since 2009

By Dan Molinski -U.S. oil prices surged toward new four-month highs Friday and were en route to their biggest quarterly gain since 2009 as global supplies […]
March 28, 2019

Britain headed for a chaotic divorce from EU: Peter Cardillo, Spartan Capital

Option for a second referendum was probably open to them in the first year or so, says Cardillo. UK hardly has time for a second referendum. […]
March 28, 2019

Peter Cardillo of Spartan Capital Securities speaks on the Brexit gridlock | Exclusive

“The UK hardly has time for a second referendum. A messy divorce is right around the corner”, said Peter Cardillo, Chief Market Economist, Spartan Capital, in […]
March 26, 2019

Markets are flashing this warning of an impending recession — but when?

“If we don’t get a trade deal … and China winds up in a hard landing, you can rest assured that the global market will follow […]