The Trump administration and the Federal Reserve together could spark a “shock and awe” rally in stocks that would take the S&P 500 to the 3,000 level, according to a J.P. Morgan executive director. That would represent a 7 percent gain from where the market was trading Wednesday. The S&P 500 closed Wednesday at....

U.S. markets showed weakness for a 3rd-straight session with the major averages settling mixed as Wall Street digested the latest economic and political news. While both fronts played a role in market direction, the lower lows remain a slight concern although major support levels held for the 2nd-straight session. In a reversal of this....

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U.S. markets opened in negative territory as Wall Street awaited the semi-annual testimony from Fed Chair Powell and his comments before the Senate Banking committee. There was little reaction from the market as the major indexes got a lift ahead of the event on a super Consumer Confidence number. ​ The choppy action afterwards....

The U.S. economy will grow at a solid though slower pace in 2019 and the Federal Reserve will remain “patient” in deciding whether to further raise interest rates, Fed Chairman Jerome Powell said on Tuesday. Powell reaffirmed the policy shift made by the U.S. central bank last month, telling a Senate Banking Committee hearing....

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U.S. markets showed strength throughout Monday’s action following confirmation President Trump will extend the March 1st tariff deadline. The President also cited substantial progress on key issues was made following U.S./ China trade talks that also helped market enthusiasm. ​ The gains propelled the major indexes toward prior resistance levels from mid-October with support....

U.S. markets showed strength throughout Friday as trade talks between the U.S. and China are signaling a possible deal is near. In a letter to U.S. President Donald Trump, China’s Xi Jinping said that both parties will redouble their efforts to meet halfway on trade. ​ Trump said that perhaps they will work out....