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Wall Street’s conviction that the global economic recovery that is underway will not be derailed is increasing, as reflected by the U.S. index futures, which point to a higher opening on Tuesday. That said, there are a few key economic events that possess the potential to alter the course of the markets. Traders are expected [...]
Continue Reading →European stocks are receiving ample support from yesterday’s U.S. FOMC announcement and some positive domestic economic data, even as they look ahead to key risk events in the North American session. The major averages of the region are all up with handsome gains. Sentiment now largely depends on the U.S. jobless claims data, durable goods [...]
Continue Reading →European stocks are receiving ample support from yesterday’s U.S. FOMC announcement and some positive domestic economic data, even as they look ahead to key risk events in the North American session. The major averages of the region are all up with handsome gains. Sentiment now largely depends on the U.S. jobless claims data, durable goods [...]
Continue Reading →Wall Street’s preoccupation with macroeconomic and earnings worries may not let it savor Apple’s (AAPL) scintillating quarterly results, as indicated by the U.S. index futures, which point to a mixed opening on Wednesday. Earnings from most other companies have been lukewarm. The markets also prepare to digest the much-awaited FOMC statement and comments from the [...]
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