Futures See Further Downside Following Consumer Price Data

Futures See Further Downside Following Consumer Price Data
The major U.S. index futures are pointing to a lower opening on Thursday after the major averages edged up to new record closing highs in the previous session. The futures saw further downside following the release of a report from the Labor Department showing a bigger than expected increase in consumer prices in the month of August. Geopolitical concerns may... Read More

Are The Market’s Biggest Gains Yet To Come?

Are The Market’s Biggest Gains Yet To Come?
According to Albert Einstein (or so legend has it), “Compound interest is the eighth wonder of the world.” In other words, it’s wise to reinvest your interest so it can earn interest. This can accelerate how quickly your money grows. Compound interest, coupled with time, can be one of the most powerful wealth-building tools in investing. But that isn’t the... Read More

Concerns About Irma, North Korea May Weigh On Wall Street

Concerns About Irma, North Korea May Weigh On Wall Street
The major U.S. index futures are pointing to a lower opening on Friday following the mixed performance seen in the previous session. Concerns about the economic impact of Hurricane Irma may weigh on the markets, with the category 4 storm expected to make landfall in Florida early Sunday. FEMA Administrator Brock Long warned Irma continues to be a threat that... Read More

Bargain Hunting May Contribute To Rebound On Wall Street

Bargain Hunting May Contribute To Rebound On Wall Street
The major U.S. index futures are pointing to a higher opening on Wednesday after the sharp pullback seen over the course of the previous session. Bargain hunting may contribute to early strength on Wall Street following yesterday’s sell-off, which reflected geopolitical concerns on the heels of North Korea’s latest nuclear test. Trading activity may be somewhat subdued, however, with uncertainty... Read More