Global Markets Follow US Lead
US equity markets charged higher for a third session out of four yesterday fueled by a resurgent energy sector and significant outperformance by financials. The Dow industrials (+0.81%) followed by […]
Greece
S&P 500, Dow and Nasdaq Lose Ground
Weak economic data, lack of productivity gains and earnings hamper the market. Friday’s payrolls data left the market and investors disappointed. April’s employment gains came in at 160k versus expectations calling […]
Déjà Vu all Over Again
Update: Eurozone reaches breakthrough on Greek bailout and debt relief – as it happened – The Guardian UK. In recent weeks, the long simmering Greek debt crisis narrative, long forgotten by most investors, […]
Global Headwinds Remain Despite Gains
Earnings and the prospect of merger/acquisitions were the principle driver of volume and price action yesterday, as should be the case at this point in the calendar. Roughly 65% of […]