Equity Futures in the U.S. are once again lower after recapturing nearly 5% of its rapid 10% correction. Asian markets finished sharply higher overnight, but European equities are not following suit as the DAX, FTSE and CAC are all lower this morning. And this, for U.S. investors, comes ahead of the all-important Fed minutes to…
After shedding roughly 540 points in the last 2 trading sessions, the Dow Industrial Average looks to resume its trend upward. The Dow remains up by 5.5% in 2018 even after this week’s selloff, helped by factors such as an expanding U.S. economy, growth in corporate profits, and enthusiasm over recently enacted tax cuts and…
Even with the U.S. House of Representatives passing a one-month bill to fund the government, there remains speculation regarding a government shutdown, as the Senate must also pass the bill. Many are of the belief that Senate passage is possible at present and there will be much discussion on the subject with only 18 hours…
Last Friday, December 2017 monthly retail sales were reported. The Commerce Department said on Friday that retail sales rose 0.4% last month. Data for November was revised to show sales gaining 0.9% instead of the previously reported 0.8% increase. Retail sales in December rose 5.4% from a year ago. Excluding automobiles, gasoline, building materials and…
