Wall Street rallied on Friday as a softer-than-expected employment report appeared to support the case for Federal Reserve ...
Wall Street Frontline: As US GDP slows down, another important key indicator for Federal Reserve, the core PCE, rose at 3.7% annual rate in Q1, which is above 3.4% expectation. How do you think the ...
U.S. job growth slowed more than expected in April and annual wage gains cooled, signs of a looser labor market which are ...
Peter Cardillo is a mechanical engineer with 35 years of experience in the construction and project delivery of steel production plants, petrochemical facilities, materials handling and iron ore ...
"Demand worries are back in the oil pits as traders shed the potential Israeli-Iran counter attack," Spartan Capital's Peter ...
As inflation concerns pick up, Peter Cardillo, chief market economist at Rockwell Global Capital, acknowledged that inflationary pressure at the producer level has been, in some cases, passed on ...
“The market anticipated the widely publicized Iranian attack against Israel, which was executed without a loss of lives and major damages,” Peter Cardillo of Spartan Capital says. But “the ...
U.S. stocks initially wavered but rose on Wednesday after the U.S. Federal Reserve left its key interest rate unchanged, as ...
"The only thing that is going to pull the market higher is earnings," said Spartan Capital's Peter Cardillo, pointing to a wave of results from big companies starting later this week with Netflix.
the expectation of a Fed interest rate cut in 2024 is starting to look increasingly more out of reach." PETER CARDILLO, CHIEF MARKET ECONOMIST, SPARTAN CAPITAL SECURITIES, NEW YORK ...
(Reuters) - U.S. stocks were poised to open sharply lower on Thursday, dragged down by growth stocks after dour quarterly ...
All three major U.S. stock indexes were firmly in positive territory, with the tech-heavy Nasdaq leading the pack with an assist from Apple shares following its share buyback announcement. All three ...