Joseph Adinolfi

U.S. stock futures climbed to their highest levels of the session Thursday as traders shrugged off disappointing data on productivity and unit-labor cost growth. Here is where the main index futures were trading recently:S&P 500 futures rose 39 points, or 0.8%, at 5,086. Nasdaq-100 futures ro

Just because Fed Chairman Jerome Powell says something is unlikely, doesn't mean it won't happen, as DataTrek's Nicholas Colas pointed out earlier (see earlier post). With this in mind, several economists remain skeptical of Powell's comment that another rate hike is

U.S. stocks opened higher on Thursday as traders awaited earnings from Apple Inc. after the bell. Here is where stocks started trading:Dow Jones Industrial Average up 233 points, or 0.6%, at 38,140. S&P 500 up 34 points, or 0.7%, at 5,053. Nasdaq Composite up 132 points, or 0.9%, at 15,740.

A rare S&P 500 trading pattern emerged on Wednesday as stocks surrendered their post-Powell gains. During the last 10 minutes of trading, the stock-market barometer slumped 0.6%, the second day in a row where the index fell by 0.5% or more during the market's final stretch.According to Bespoke In

U.S. stocks are reversing some of their early advance as Treasury yields tick higher on Thursday. Here is where the main indexes were trading as the yield on the 10-year rises to 4.63%:S&P 500 up 12 points, or 0.3%, at 5,031. Dow up 142 points, or 0.4%, at 38,045. Nasdaq Composite up 88 poi

Federal Reserve Chairman Jerome Powell is probably quite pleased with Friday's jobs report, according to Seema Shah, chief global strategist at Principal Asset Management. Shah said in emailed commentary on Friday that the April jobs data helped to vindicate Powell's dovish tone on Wednesday, almos

Maybe all that money the Bank of Japan and Ministry of Finance are believed to have spent propping up the yen this week has had an impact. Or maybe it was just smart timing. Whatever the reason for the dollar's decline this week, the U.S. dollar is headed for a 3.4% drop against the yen in what wou

U.S. stocks opened higher on Monday, with the Dow gaining nearly 200 points out of the gate following its best day in two months. Hopes for multiple interest-rate cuts from the Federal Reserve before year's end have grown following Friday's jobs report, helping to lift both stocks and bonds. Bond p

April's selloff helped emboldened stock-market bears. But according to one closely watched gauge of the stock market's long-term trend, last month's market ructions barely registered. Despite the market's April pullback, the S&P 500's 200-day moving average, one of the most closely watched indicato

Investors are facing a relatively quiet week, with no top-tier economic data due out in the U.S. But market strategists are keeping a wary eye on geopolitical developments as Israel prepares to launch its long-threatened invasion of Rafah, a city situated in the south of the Gaza Strip.