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Dow Jones Industrial Average (DJIA) futures point to a stock market open near all-time highs. Traders are seemingly ignoring the Federal Reserve’s own recession indicator as the yield curve inverts again. Fed chairman Jerome Powell is expected to “sound upbeat” in a testimony today. The S&P 500 and Nasdaq
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The U.S. stock market rose on Monday. Dow bulls pushed the index more than 100 points higher despite a rally in safe-haven assets. Nordea & Allianz both see a FOMO bubble forming from Fed intervention. The Dow Jones reversed early losses on Monday, grinding a step closer to 30,000 despite a spate of
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Dow Jones Industrial Average (DJIA) futures were flat on Monday. Coronavirus fears continue to dampen investor sentiment as the World Health Organization admits current figures could just be “the tip of the iceberg.” Even Wall Street bulls are bracing for a 10% correction in the stock market. The stock market remains on
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Traditional markets and indexes are currently hitting new records. In one such first-ever milestone, the Dow Jones Industrial Average rallied to a record 28,000 plus levels on Friday. The rally comes amidst waning tensions in the U.S.-China trade war with the hope of reaching a trade deal between the two
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