Oil futures inched lower on Monday, undercut by continued demand worries, as the Organization of the Petroleum Exporting Countries further reduces its outlook for demand growth, as well as the potential for more oil from Libya. A storm in the Gulf of Mexico, however, threatens to disrupt energy output in …
Read More »Market Snapshot: Dow futures flat as stock market braces for private-sector report from ADP that could show 20 million jobs losses in April
U.S. stock-index futures on Wednesday were seeing lackluster early action in thin trade as investors braced for an update on private-sector employment from ADP for April and react to corporate quarterly updates from some of the nation’s largest companies, which are mostly swooning from the effects of the COVID-19 pandemic. …
Read More »Asia Markets: Asian stocks bounce after huge losses on news of possible U.S. tax cut
BEIJING (AP) — Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain …
Read More »Outside the Box: Do this one thing before you react to the stock market’s losses
The phone is ringing off the hook. The stock market is down significantly, and everyone wants to have answers. The only thing for me to do is dig in and talk to every client. Was this Monday? No this was Monday Sept. 29, 2008. Over the course of a 30-year …
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