All posts by Greta Wall
Coffee With Greta: Private Job Growth Slides
DJIA Futures: -39 (-0.1%) SPX Futures: -8 (-0.2%) NASDAQ Futures: -15 (-0.1%) Good morning friends! Futures are slipping despite new data showing a cool-down in the labor market. Let’s get right to it! Private Job Growth Slows The U.S. private sector added far fewer jobs than expected in March. Payroll firm ADP reported private employers […]
Continue Reading -->Coffee With Greta: Stocks Jump Ahead Of Jobs Data
DJIA Futures: +21 (+0.1%) SPX Futures: +9 (+0.2%) NASDAQ Futures: +32 (+0.2%) Good morning friends! Futures are rising as traders prepare for key labor market data over the next few days. Let’s get right to it! Jamie Dimon Warns Banking Crisis Is Not Over JPMorgan Chase (JPM) CEO Jamie Dimon says the banking crisis is […]
Continue Reading -->Coffee With Greta: Second Quarter Kicks Off
DJIA Futures: +107 (+0.3%) SPX Futures: -8 (-0.2%) NASDAQ Futures: -119 (-0.9%) Good morning friends! Futures are mixed as oil prices surge and Q2 begins. Let’s get right to it! Oil Prices Surge After Surprise OPEC+ Production Cuts Oil prices are surging this morning after OPEC+ announced it was cutting output by 1.16 million barrels […]
Continue Reading -->Coffee With Greta: Quarter End
DJIA Futures: +115 (+0.4%) SPX Futures: +9 (+0.2%) NASDAQ Futures: +7 (+0.1%) Good morning friends! Futures are rising on the final day of Q1 after the release of better-than-expected inflation data. Let’s get right to it! PCE Inflation Cooler Than Expected The Fed’s preferred inflation gauge rose less than expected in February. The personal consumption […]
Continue Reading -->Coffee With Greta: Stocks Extend Gains
DJIA Futures: +210 (+0.6%) SPX Futures: +27 (+0.7%) NASDAQ Futures: +96 (+0.7%) Good morning friends! Futures are rising as traders bet the banking crisis has stabilized. Let’s get right to it! Q4 GDP Revised Lower U.S. economic growth was revised lower in the final quarter of 2022. The Commerce Department revised GDP growth down to […]
Continue Reading -->Coffee With Greta: Stocks Rebound
DJIA Futures: +214 (+0.7%) SPX Futures: +31 (+0.8%) NASDAQ Futures: +106 (+0.8%) Good morning friends! Futures are rising as traders attempt to shake off Tuesday’s loss. Let’s get right to it! Fed Governor Barr Testimony Federal Reserve Governor Michael Barr will appear in the House Financial Services Committee today for his second day of testimony […]
Continue Reading -->Coffee With Greta: Stocks Under Pressure
DJIA Futures: -35 (-0.1%) SPX Futures: -7 (-0.2%) NASDAQ Futures: -22 (-0.2%) Good morning friends! Futures are falling as higher rates put pressure on the market. Let’s get right to it! Treasury Yields Pop U.S. Treasury yields are rising this morning with the 2-year yield pushing back above 4%. Currently, the 2-year yield is up […]
Continue Reading -->Coffee With Greta: Banks Bounce Back
DJIA Futures: +226 (+0.7%) SPX Futures: +26 (+0.7%) NASDAQ Futures: +41 (+0.3%) Good morning friends! Futures are rising as regional bank stocks rebound. Let’s get right to it! First Citizens To Buy Silicon Valley Bank Assets First Citizens Bancshares (FCNCA) shares are surging 49% ahead of the open after reaching a deal to buy Silicon […]
Continue Reading -->Coffee With Greta: More Bank Worries
DJIA Futures: -323 (-1.0%) SPX Futures: -34 (-0.9%) NASDAQ Futures: -70 (-0.5%) Good morning friends! Futures are dropping due to renewed worry about the global banking system. Let’s get right to it! Banks Fall Again Bank stocks are falling again today amid fresh concerns about the global banking system. The SPDR S&P Regional Banking ETF […]
Continue Reading -->Coffee With Greta: Is The Fed Done?
DJIA Futures: +102 (+0.3%) SPX Futures: +25 (+0.6%) NASDAQ Futures: +133 (+1.0%) Good morning friends! Futures are rising as traders bet the Fed is ready to pause rate hikes. Let’s get right to it! Fed Recap The Federal Reserve hiked the federal funds rate by 25 basis points as expected on Wednesday. That put the […]
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