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Latest Updates on RIG
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Trading Strategies Brace for More Fear and Panic on Wall Street as Markets Tumble
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
Monday's stock market declines weren't unexpected, though the extent of losses was shocking. Investors had been selling stocks for the previous two weeks on coronavirus fears, starting immediately after U.S. benchmark … Read more » -
Dow Jones The Dow Jones Today Will Blast Off Ahead of a Fed Rate Cut
By Money Morning Staff Reports, Money Morning •
The Dow Jones today will rise as markets fully anticipate the Federal Reserve will cut interest rates on Wednesday. However, several Fed members have openly questioned the logic of a rate cut of up to 50 basis points due to recent positive economic … Read more » -
Dow Jones Dow Jones Today Pops 50 Points After Caterpillar Reports Quarterly Earnings
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones today jumped 50 points on Monday morning as manufacturing giant Caterpillar Inc. reported stronger than expected earnings before the bell. Shares of Caterpillar 3.5% after the firm hiked its quarterly outlook and said that … Read more » -
Dow Jones Dow Jones Futures Rising as Epic Winning Streak Continues
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones futures are on the rise in premarket hours as the index aims to reach a 12-day winning streak. On Friday, the Dow gained 11 points in the final few minutes of the trading session and extended its gains for the 11th … Read more » -
Dow Jones Dow Jones Industrial Average Today Slides as Investors Focus on OPEC Details
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning •
The Dow Jones Industrial Average today is down after OPEC has seemingly reached an agreement to stop excessive oil production. The details are murky, though, and it's not a guarantee that the agreement will be kept. Read more »