News Stocks 

Stock-market bull is still on its feet, snorting its way past 1 obstacle after another

“Seen through the rear-view mirror, the U.S. economy looks like a gleaming sedan that just got a car wash and wax job” reports marketwatch.com. Very few Americans have paid a price from escalating U.S. tariffs, but if trade fights get worse, the first big bill will come due shortly after the school year starts. Source: marketwatch.com Share This:

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Stock-market bulls look for earnings to trump trade-war fears

“And while global growth appeared to flag in the first quarter, the world economy has showed signs regaining its footing, analysts said” writes Deputy Markets Editor for marketwatch.com. Indeed, worries that an escalating trade dust-up, particularly between the U.S. and China, could dent global growth might explain much of the investor sensitivity to trade headlines.Intensifying trade-war fears have been intermittently playing havoc with global markets for more than six months, but haven’t been enough to keep a resilient stock market down.PEP, +4.76%  jumped 4.8% after posting stronger-than-expected earnings, with results…

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Markets News Regulators Stocks 

Stock-market leaders yet to be undercut by trade-war fears

“Louis Fed President James Bullard participates in a moderated conversation on the economy and monetary policy” writes Gaudiano Ryan Vlastelica for marketwatch.com. See: Why a major trade war could mean a ‘full-blown recession’ While the concerns weighed on Wall Street, it hasn’t yet proved the bull-market killer that some fear.The market’s inability to gain what some analysts have termed “escape velocity” is largely due to trade-related headlines. Source: marketwatch.com Share This:

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Stock market sees China tariffs as a ‘buzzkill’ and falling as if a genuine trade war just erupted

“Has a tit-for-tat tariff spat between China and the U.S. shifted from a skirmish to a full-blown trade war?” writes Mark Decambre for marketwatch.com. Ira Epstein, managing director at commodities broker Linn Group: “‘You’re in a trade war’, that’s what I’ve been telling clients,” he told MarketWatch.Boockvar described the tariffs as a “buzzkill” for the markets after a string of upbeat economic reports that ought to provide support to prices rising.In any case, the threat of tariffs has been a major bugaboo for investors because it introduces an element of…

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Markets News Stocks 

Corporate bond market may be sending a red flag to stock-market investors: Goldman

“The swap index will tighten if investors believe corporate bonds are less risky than before and widen if worries grow” writes Sunny Oh for marketwatch.com. That implied that credit (accurately) did not buy into the enthusiasm of the equity market.To compare their relative performance of stocks and corporate debt over this year, the Goldman strategists didn’t look at yields for corporate bonds but rather credit default swap indexes that can be used as proxies for the fear of default.In this episode, the divergence has been equally shared between equity rising…

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Tech leads stock-market buyback boom with companies on track to put trillions back in investor hands

“The tech sector continues to lead the S&P 500, with a gain of more than 13% versus 2.7% for the broader index” writes Deputy Markets Editor for marketwatch.com. Overall, seven of the S&P 500’s 11 sectors are seeing flow that exceeds 10% of market cap: health care, tech, energy, real estate, telecom, utilities and staples.Announced buybacks in the tech sector are up $160 billion, or 200%, in 2018 (with Apple Inc. Source: marketwatch.com Share This:

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Futures News Oil Stocks 

Stock-market futures hold ground as oil pulls back, fresh trade-war fears emerge

“Gold futures GCM8, +0.18% declined, while U.S. oil futures CLN8, -1.51% were down 1.1%” writes Markets Reporter for marketwatch.com. U.S. stock futures struggled for direction on Thursday, which will mark the end of a largely positive month for equities.And oil, which helped drive a rally for stocks Wednesday, was pulling back ahead of U.S. supply data. Source: marketwatch.com Share This:

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A 1-day spike in Wall Street’s ‘fear index’ made Goldman $200 million

“The volatility gauge tends to move inversely to equity indexes” writes Mark Decambre for marketwatch.com. Earlier this year, Goldman Sachs booked a roughly $200 million gain in one day, partly on bets that a long-dormant gauge of volatility would surge, ending a protracted period of placidity on Wall Street. Goldman has been less trading focused of late, pouring money into consumer banking and hiring senior executives in its investment-banking and technology divisions. Source: marketwatch.com Share This:

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