A look at the day ahead in U.S. and global markets from Mike Dolan Helped by a backup in U.S. Treasury yields, the dollar has rediscovered its mojo ahead of a wave of overseas interest rate cuts this week, with China’s markets giving only a hesitant welcome to Beijing’s new policy orientation. As Treasury debt…
A look at the day ahead in U.S. and global markets from Mike Dolan A bizarre 24-hour period in which the world’s 12th-biggest economy briefly introduced martial law left markets pondering geopolitical risks next year while awaiting a casting vote, or at least a steer, on whether the Federal Reserve eases this month. As the…
A look at the day ahead in U.S. and global markets from Mike Dolan There’s not too much to worry about at the world’s most valuable company – or the artificial intelligence theme – but just conceding that triple-digit growth can’t last forever has been enough to stall Nvidia’s share price and dampen global tech…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and earnings seeping back in along with all the uncertainty on what a new administration will actually do come…
A look at the day ahead in U.S. and global markets from Mike Dolan The dollar continues to feed on a mix of post-election tariff and tax cut speculation, China’s struggle with deflation and Germany’s simmering political crisis – with the euro plumbing its lowest levels in almost five months. Even with bond markets effectively…
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s S&P500 looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge with its second interest rate cut of the year on Thursday and a nod to more. Overseas, Friday’s focus was…
A look at the day ahead in U.S. and global markets from Mike Dolan With next week’s U.S. election now dominating thinking, the last two megacap earnings reports of the week appear to have calmed the stock market somewhat and a potentially noisy October payrolls report is up next. Amazon and Apple got different market…
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. bond market returns from holiday to find Wall Street stocks soaring ever higher to new records, with Big Tech and Big Banks stirring earnings season excitement even as China’s markets turn tail on demand worries and stimulus doubts. The…
A look at the day ahead in U.S. and global markets from Mike Dolan The final day of another punchy quarter for U.S. stocks has proven a more volatile affair overseas: China’s stellar stock recovery has added another whopping 8% pre-holiday, while Tokyo’s swoon on the new Japanese prime minister jarred in the other direction….
A look at the day ahead in U.S. and global markets from Mike Dolan With quarter-end fast approaching, tech excitement returned to Wall Street overnight with another AI-driven earnings beat from Micron Technology, while China’s stocks surged anew after this week’s monetary easing blitz. The artificial intelligence theme had gone a bit flat in recent…