A place where tipping is allowed!

Advertisements

Futures

Dow Futures Wobble as Shaky Investors Opt for King Dollar

Dow Jones futures drifted between narrow gains and losses Wednesday evening. The U.S. dollar strengthened the most for three weeks, underscoring investors’ anxiety about the economy. Corporate earnings continue to trend lower, with FactSet forecasting the worst quarter since 2009. U.S. stock futures fumbled around the break-even point Wednesday night, as dismal corporate earnings and…

Dow Futures Plunge as Warren Buffett, Corporate Earnings Spook Markets

Dow Jones futures declined by as much as 362 points Sunday night. Berkshire Hathaway’s annual shareholder meeting has cast a dark shadow over the equities market. Meanwhile, U.S. corporate earnings are heading for their biggest decline since the financial crisis. Futures on the Dow and broader U.S. stock market declined sharply Sunday evening, setting the stage…

Dow Futures Recoil Ahead of ‘Brutal’ Earnings Week, North Korea Wildcard

Dow Jones futures traded within a 215-point range Sunday night. Markets are bracing for an ugly earnings week, with the likes of Alphabet, Apple, and Tesla reporting how badly Covid-19 impacted their business. So far, the blended earnings decline for the S&P 500 is far worse than expected. Futures on the Dow and broader U.S.…

Dow Futures Rally After Oil Shock as Attention Shifts to Reopening U.S. Economy

Dow Jones futures climbed by as much as 132 points in after-hours trading. Crude oil for June delivery stabilized after the front-month May contract crashed on Monday. American businesses are taking tentative steps to shield their employees from Covid-19 once lockdown restrictions ease. Dow futures rallied overnight Monday, shaking off some of the bearishness from…

Dow Futures Plunge as Short-Sellers Bet on Another Crash

Bets against the stock market have risen to their highest level in years as investors grow skeptical of this rally. Stocks have quickly rebounded from the coronavirus crash, but it may be too soon to celebrate. Dow futures fell 200 points at the start of Sunday evening trading. This points to a lower opening on…

Stock Futures at Risk as Second Wave of Coronavirus Hits China’s Harbin

Unconfirmed reports suggest China is experiencing another massive coronavirus outbreak — this time in Harbin, Heilongjiang province. Chinese authorities claim to have detected several new cases imported from Russia. And this could have sparked uncontrolled community transmission. Is China blindsiding the world again? Northern China is believed to be the origin of the incorrectly-named Spanish…

Dow Futures Surge 900 Points as Trump Provides Hope for Economic Reopening

Dow Jones futures rallied more than 900 points after posting only modest gains in New York trading. Boeing led the Dow 30 futures rally, climbing 7% in after-hours trading. The airline manufacturer was the Dow’s worst performer on Thursday. President Trump laid out new federal guidelines for ending the coronavirus lockdown, but said it will…

Dow Futures Sell Off Ahead of Trump’s New Federal Coronavirus Guidelines

President Donald Trump is set to unveil new federal guidelines on coronavirus Thursday. On Wednesday, the president met with four members of his newly-appointed coronavirus task force, where he was urged to make coronavirus testing more widely available. Dow Jones futures were down more than 200 points Wednesday evening. Futures on the Dow and broader…

Dow Futures Recover 200 Points While China Attempts to Rewrite Coronavirus Narrative

Dow Jones futures rallied by as much as 224 points Wednesday night after the blue-chip index crashed nearly 1,000 points in New York trading. Markets remain extremely volatile over fears that the world economy was headed for a protracted recession. Meanwhile, China’s Communist Party is trying to recast itself as a global savior in the…

Dow Futures Reverse Gains Despite Trump’s $6 Trillion Fiscal Bomb

Dow futures rallied after Donald Trump’s top economic adviser unveiled a massive $6 trillion stimulus package for the U.S. economy. These gains rapidly faded, as the stock market failed to move higher after a historic day for the Dow Jones on Tuesday. Worryingly for Wall Street, there doesn’t appear to be a Plan B if…