Benzinga: Sarhan's October Macro Outlook
Tuesday October 6, 2015
Tuesday October 6, 2015
Source: https://www.youtube.com/watch?v=lfhIuo-wixo
(Reuters) – Commodity prices from cotton to corn to crude tumbled on Friday, driving a key index to its longest-ever losing streak as supply-side fundamentals grew brighter. The rout came a day after news of strain at Portugal’s largest listed bank upset other financial markets with fears of financial contagion in Europe. But commodity investors…
Fed likely won’t raise interest rates soon, and now that’s bad Published: Oct 2, 2015 3:11 p.m. ET Bad news might be bad news once again. A weak September jobs report and a pair of downward revisions to July and August data on Friday all but extinguished market expectations for a 2015 interest-rate hike. Treasurys…
* Dow jumps 421 points, biggest pct gain since Dec. 2011 * S&P 500 posts biggest daily pct gain since Jan. 2013 * Tech leads the gain; Oracle up after results * Indexes up: Dow 2.4 pct, S&P 2.4 pct, Nasdaq 2.2 pct (Updates close with further comments, VIX close) By Caroline Valetkevitch NEW YORK, Dec…
By, Evelyn Cheng @chengevelyn U.S. stocks fell nearly 1 percent or more on Thursday as renewed declines in oil weighed on investor sentiment amid a slew of earnings releases and Friday’s key employment report. The major averages extended losses after the S&P 500 broke through a key level of 2,087 that many analysts were watching. Art…
Markets | Fri Jan 15, 2016 10:20am EST Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since Aug. 24 and the Dow plunging nearly 400 points, as oil prices dived below $30 per barrel. The sell-off was broad, with all 10 major S&P sectors in the red and all 30 Dow…