Stock futures trade higher ahead of economic data, Fed decision

Fed should do ‘nothing’: Mohamed El-Erian Allianz chief economic adviser Mohamed El-Erian discusses his outlook for the Fed and the economic recovery and a European banking mega deal. U.S. equity futures are pointing to a higher open ahead of the Wednesday trading session, which will include the release of new economic forecasts from the Federal […]

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Stock futures trade mixed following another S&P record

Kudlow: US economy will come back ‘roaring’ National Economic Council Director Larry Kudlow discusses coronavirus economic and employment recovery, U.S.-China relations and the Trump administration’s efforts to rebuild the economy, and also responds to economist Paul Romer calling him a liar. U.S. equity futures are trading mixed ahead of the Wednesday session on Wall Street. […]

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'U.S. is pressing the accelerator to trash' relations, China says

The crumbling relationship between Washington and Beijing has intensified following an attempt from the world's two largest economies to mend trade relations. WASHINGTON — As Trump administration officials take fresh aim at China for a list of grievances ranging from intellectual property theft to the coronavirus pandemic, Beijing fired back by saying the U.S. is […]

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How to Trade Costco Stock Following Recent Earnings Miss

Costco Wholesale Corporation (COST) missed on earnings when it reported results on May 28. Today, the stock is above a golden cross, but it failed to hold its monthly pivot at $308.02 on June 2. The big box bulk retailer operates as members-only wholesale warehouse for buying consumer goods and gasoline. Costs related to COVID-19 […]

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Stock futures trade lower ahead of next jobless avalanche

Energy, transportation, leisure stocks plummet over lack of optimism FOX Business’ Lauren Simonetti says economically sensitive stocks, including industrials and financials, were sharply lower on Wednesday. Get all the latest news on coronavirus and more delivered daily to your inbox.  Sign up here. Continue Reading Below U.S. equity futures are pointing to a lower open as […]

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