CategoryU.S. Market News

Unique coverage of U.S. Markets, with a special focus on the Dow Jones Industrial Average with related financial reports.

Dow Jones Forecast: Watch Fed Minutes for Proof of Dovish Rebellion

dow jones, federal reserve chair jerome powell

By CCN Markets: The Dow Jones looked dead and buried last week after a devastating 800 point decline, but an end-of-week recovery left the stock market on relatively steady footing heading into the second half of August. For investors, the clear fundamental to watch will be the tone of the Federal Reserve, both in Jerome Powell’s comments at Jackson Hole on August 23rd and the FOMC minutes on...

This Troubling Economic Data Could Herald a Stock Market Plunge

stock market

By CCN Markets: When US Treasury bonds suffered their first main yield inversion since the financial crisis, analysts warned that the stock market had just witnessed an ominous recession signal. The Dow Jones promptly fell 800 points to record its worst day of 2019. But although a main yield curve inversion has heralded every recession for five decades, the contractions have lagged the inversion...

Time to Panic: Half the World's Economies Are Headed for Recession

By CCN Markets: Fifty-three percent of countries that offer sovereign debt currently have inverted yield curves, according to one economist. If the percentage gets much higher, there is a strong possibility of a global recession. Daniel Lacalle, Chief Economist at the Madrid-based investment firm Tressis SV, delivered the news via Twitter: Percentage of inverted yield curves globally exceeds 50%...

GE Stock Rebounds, Short-Seller Citron Slams 'Arrogant' Whistleblower

GE stock price

By CCN Markets: Formidable short-seller Citron Research this morning slammed legendary Madoff whistleblower Harry Markopolos following his 170-page General Electric "fraud" report. GE stock tanked almost 12% Thursday on the news but recovered 9% to $8.74 on Friday. Citron, who claimed 2018's top activist short-seller crown, was not impressed with the damning communiqué, proclaiming it “a sad day...

Dow Secures 265 Point Rally But Crippling Recession Fears Linger

dow jones industrial average

By CCN Markets: The Dow and broader U.S. stock market advanced Friday, as traders looked past an ominous recession warning from the government bond market. Dow Rallies; S&P 500, Nasdaq Follow All of Wall Street's major indexes reported gains Friday, mirroring a strong pre-market for Dow futures. The Dow Jones Industrial Average rallied 266.48 points, or 1%, to 25,845.87. The broad S&P 500...

Fed's Bullard Deflates Stock Market's Hope of Early Rate Cut

By CCN Markets: If you were hoping that the Federal Reserve would commission an urgent gathering to discuss the fate of interest rates and save the stock market, you're out of luck. James Bullard, who is at the helm of the Federal Reserve Bank of St. Louis, told Fox Business that an emergency meeting and seemingly any chance of an early rate cut before monetary policymakers meet next month are...

Dow Bounces But Jackson Hole & Plunging Sentiment Stalk US Stocks

dow jones industrial average

By CCN Markets: The Dow Jones surged higher on Friday, bouncing over 1% in another effort by stock market bulls to buy the recent dip. Donald Trump managed to get the Dow moving again with some typical comments about progress with China, but a weak Consumer Sentiment reading suggests that cracks are starting to show in the US economy. Blissful Relief for a Battered Dow Jones Heading into the...

Trump's Ominous Warning: Vote for Me or Suffer Stock Market Crash

donald trump, stock market crash

By CCN Markets: President Donald Trump urged Americans to vote for him in 2020 or face the ugly consequences: The stock market will crash, and the economy could crumble into a recession. Trump made the bold assertions during a raucous rally last night in Manchester, New Hampshire. Speaking to a capacity crowd of 11,000 supporters, Trump made the economic argument for his reelection. “The United...

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