Category: Trading

June 13, 2019

CEOs became less optimistic about the U.S. economy as the Trump administration ratcheted up trade tensions with key partners, according to the latest Business Roundtable survey. The Business Roundtable’s CEO Economic Outlook Index fell by 5.7 points in the second […]

May 28, 2019

J.P. Morgan Chase CEO Jamie Dimon said that the escalating U.S.-China trade dispute is a “real issue” that could damage corporate confidence. “I think trade is a real issue,” Dimon said Tuesday in a conference in New York. “Trade has […]

May 24, 2019

U.S. financial markets will be closed Monday in observance of Memorial Day to honor and remember the brave men and women who died serving their country. For some investors, it will be a much-needed reprieve, with stocks struggling to find […]

May 20, 2019

Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]

May 10, 2019

President Donald Trump on Friday more than doubled the tariff rate on roughly $200 billion worth of Chinese imports, a move that sets the stage for retaliation from Beijing and that significantly raises the stakes in a yearlong trade war […]

April 25, 2019

Economic forecaster Lakshman Achuthan is warning Wall Street that the market’s new highs don’t signal a revitalized growth cycle. Achuthan, co-founder of the Economic Cycle Research Institute, believes it’s not an ideal environment for sustainable gains. “All the optimism is […]

April 24, 2019

The markets are at new highs, so why does it feel like August? The large beats on earnings from companies as diverse as Lockheed Martin, United Technologies, Pulte and Whirlpool are propelling the S&P 500 to a new high. In […]

April 16, 2019

Bank of America shares dropped Tuesday after executives said the lender’s net interest income growth was falling because of declining interest rates and a slowing U.S. economy. Despite posting a record first-quarter profit driven by cost cuts and strength in […]

April 12, 2019

J.P. Morgan Chase on Friday reported record first-quarter profit and revenue that exceeded analysts’ expectations as the bank benefited from higher interest rates. The company said profit rose 5 percent to $9.18 billion, or $2.65 a share, compared with analysts’ […]

April 10, 2019

U.S. stocks rose modestly at the start of trade Wednesday, as investors took in fresh developments, including an important reading of inflation, and updates from Europe’s central bank and minutes from the Fed. How are the benchmarks faring? The Dow […]