• Markets Right Now: Tech, energy lead US stocks lower

    7 monthes ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:35 a.m.
    Losses for technology and energy stocks are leading U.S. indexes lower in early trading on Wall Street.
    Apple fell 1 percent early Monday. Energy companies were falling in tandem with the price of crude oil. Marathon Petroleum lost 2 percent.
    European markets were lower on concerns about Italy's spending plans. Italy's main stock index dropped 2.6 percent and the yields on its government bonds rose sharply.
    The Standard & Poor's 500 index fell 9 points, or 0.3 percent, to 2,875.
    The Dow Jones Industrial Average lost 119...
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  • Dow Jones Industrial Average Looks To Stabilize In New Week

    7 monthes ago - By ETF Daily News

    Market technician Dave Chojnacki of StreetOne Technical Analysis kicks off the new trading week with a deep dive into the underlying technicals for the major U.S. averages.
    Employment numbers came in lower than expected on Friday, but revisions in prior months balanced the difference. The Unemployment rate at 3.7% was the lowest since 1969. Equities ignored the news and opened lower, as rates continue to rise and Bonds continue to fall. The 10YR has moved up to 3.23%.
    The good news at the beginning of the week regarding the new trade deals, has been shadowed by rates. Techs and Chip stocks...
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  • Emerging markets prepared for U.S. monetary policy changes: Fed's Bullard

    7 monthes ago - By Reuters

    St. Louis Federal Reserve Bank President James Bullard said on Monday that emerging markets were as "prepared as they can be" for changes in U.S. monetary policy.
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