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JJ began his career in 1985 as a Chicago Board Options Exchange...
Earlier this week, the market was in “recovery” mode. Now that the S&P 500 has closed at all-time highs, we might need a new word for this rally.
The hits keep on coming as the market marks five days of the current rally. Thursday begins with the S&P 500 Index (SPX) resting just below all-time record highs.
Shaking off a terror attack and political uncertainty, the stock market finds itself back to nearly where it was a week ago before last Wednesday’s sharp sell-off.
Last Wednesday’s sharp sell-off seems like a long time ago following three consecutive days of gains. The question is whether the rally can continue.
In the absence of notable earnings this coming week, Fed minutes, home sales, and, of course, the possibility of more Washington drama could be the focus.
Earnings season is nearly over, but the end of the week brought a new batch of quarterly reports and strong data that could help distract the market from politics.
The market continues to shiver as icy winds of political controversy blow through Washington, D.C. Yesterday’s big sell-off generated lots of fear.
Volatility is back after a long vacation, and Washington politics may be partly to blame. The market seems to be entering a news-driven period.
Major indices start the day at or near record highs after a boost from the energy market. More good news came in the form of solid earnings from Home Depot (HD).
Attention U.S. shoppers: Two of the country’s biggest retailers report this coming week as earnings season grinds on. Housing data are also on the way.
Shoppers flocked to gasoline stations and Internet retailers last month as retail sales rose for the first time since January, the government said early Friday.
Department stores threw open their earnings showrooms today, and a miss by Macy’s (M) highlights some of the pressures these companies face.
A market desperate for news to trade has some thanks to President Trump, whose firing of FBI Director James Comey dominates talk on Wall Street this morning.
Records are made to be broken, but what happens now with key indices at new all-time highs? It’s unclear what sort of catalyst might keep the elevators going up.
Markets charged up to record or near-record highs Friday ahead of the French election. With voting over, the focus is on retailer results and inflation data.
Today’s strong jobs report could give the market some relief from recent concerns about soft economic numbers and give the Fed more leeway to raise rates.
Soothing language from the Fed is helping put the “fear trade” into retreat. The dollar is up, gold is getting plastered, and stocks look stronger as well.
There was little anticipation that the Federal Reserve would hike interest rates today; statement notes slowing 1Q growth as 'transitory'