Tag: Commodity/Financial Market News

Fed’s popular repo facility sees record demand of $1.35 trillion Thursday

A previous version of this report said $1.35 billion. It’s trillion. The New York Federal Reserve Bank’s popular reverse repo program set a record Thursday for overnight demand, a same day the central bank doubled the limit for individual user to $160 billion. The program, which allows banks, money-market… Source link

Read More

Opinion: One hopeful sign for hard-hit stocks: S&P 500 is below its 50-day moving average

The S&P 500’s breaking below its 50-day moving average last Friday is not a good reason to sell. In fact, the S&P 500 SPX, -1.70% over the past four decades has performed better than average when the market was below its trailing-50-day average. There’s no way of knowing how much of Monday’s stock market plunge […]

Read More

Dow futures drop 300 points as China property fears grow

U.S. stock futures fell sharply on Monday, with those for the Dow Jones Industrial Average tumbling 300 points, as Hong Kong-listed property companies came under fresh pressure. Investors also were positioning ahead of this week’s Federal Open Market Committee meeting. How are stock futures trading? Dow Jones Industrial Average futures YM00, -1.28% dropped nearly 400 […]

Read More

Opinion: Why this fund combination is better than the S&P 500

“I wish I had a dollar for every time I’ve heard Paul Merriman say ‘small cap value.’” One of my readers posted that recently, perhaps meaning to poke fun at my repeated reference to this asset class. But I make no apologies for being a fan, and a champion, of a class of stocks that […]

Read More