The Latest Breaking News from Guindos

The dollar index (DXY00 ) Thursday recovered from early losses and ended the day mildly higher by +0.27%. The dollar found support Thursday on hawkish comments from Fed Chair Powell, who said policymakers were “not confident” they had raised interest rates enough to bring inflation back down to the Fed’s...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.63%. This afternoon, Fed Chair Powell spoke at the IMF’s...

The dollar index (DXY00 ) on Monday rose by +0.69% and posted a 10-month high. Rising T-note yields supported the dollar after the 10-year T-note yield Monday climbed to a 16-year high of 4.701%. Also, weakness in the yen is supportive of the dollar after the BOJ announced additional bond...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.47%. Stocks this morning are mixed as rising bond yields...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.20%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.05%. Stock index futures this morning gave up overnight gains and turned lower as rising bond yields weighed on stocks. Stock index futures initially moved higher in...

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are up +0.87%, and June Nasdaq 100 E-Mini futures (NQM2 3) are up +2.28%. U.S. stock index futures this morning are moderately higher except for Nasdaq futures which are sharply higher due to a more than +25% surge in...

The dollar index (DXY00 ) on Thursday rose by +0.67% and posted a 1-3/4 month high. The dollar Thursday moved higher on optimism that the U.S. will raise its debt ceiling. Also, Thursday’s stronger-than-expected U.S. economic reports on weekly jobless claims and the May Philadelphia Fed business outlook survey are...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.95%. U.S. stocks this morning are moderately higher, with the...

The dollar index (DXY00 ) on Wednesday fell by -0.39%. The dollar on Wednesday dropped to a 1-1/2 week low on concerns that the ongoing U.S. banking turmoil will prompt the Fed to stop raising interest rates. Also, Wednesday’s U.S. Mar capital goods new orders report was weaker-than-expected and weighed...