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Bulls Tag Fresh All-Time Highs on Rate Cut Hopes

July 10, 2019 By: Todd Mitchell

U.S. markets settled mostly higher following new trade developments that China would ease foreign financial ownership restrictions in 2020, which is a year earlier than anticipated. While this was a relatively small concession, it was another positive sign the relationship between the U.S. and China continues to improve.Volume was light as traders were slightly hesitant ahead of Wednesday’s...

Banks should shine among S&P 500 stocks this earnings season

By: Todd Mitchell

Analysts expect earnings to decline for most sectors, but large U.S. banks should buck that trendSurprise: Analysts expect banks to be one of the brighter areas of the stock market during an overall dismal earnings season.As second-quarter earnings season begins, recent economic news has been good and the Dow Jones Industrial Average DJIA, -0.08% and S&P 500 index SPX,...

U.S. stocks end mixed as Fed officials’ remarks pull focus

By: Todd Mitchell

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Dow Down 3-Straight Sessions

July 9, 2019 By: Todd Mitchell

U.S. markets settled mostly higher following new trade developments that China would ease foreign financial ownership restrictions in 2020, which is a year earlier than anticipated. While this was a relatively small concession, it was another positive sign the relationship between the U.S. and China continues to improve.Volume was light as traders were slightly hesitant ahead of Wednesday’s...