Three minutes of frantic trading in Treasuries futures just offered a stark reminder of the danger of betting against the world’s safest asset.
What was shaping up as a second straight day of losses in Treasuries on Thursday, with 10-year yields threatening to hit the key psychological level of 3 percent, turned around in a hurry as turmoil in emerging markets spooked global investors.
May 1, 2017: Markets opened higher on Monday following an agreement that keeps the federal government solvent through the end of September. Blue chips have shown very little gain today, with telecom and utilities performing worst and tech and financials performing best. WTI crude oil for June delivery settled at $48.84 a barrel, down 1% on the day. June gold also dropped 1% for the day to settle....More>>>
Shares of social media icon Twitter Inc (NYSE:TWTR) are under pressure Thursday, reversing early gains to move into negative territory on heavy volume in the twelfth hour. The losses are modest at this point, with TWTR stock down about 1.1% as of this writing.
What’s dangerous about the situation, however, is that the move is testing the March 22 intraday low, which continues a....More>>>
7 Reasons Teslas Stock Should Continue To Appreciate
Tesla (TSLA) reported a wider than expected loss Wednesday after the bell, the biggest in the companys history. Teslas net loss for the quarter amounted to roughly $718 million, a considerable $4.22 cents a share.
Penske Automotive Group (NYSE: PAG) is one of 20 publicly-traded companies in the “Automotive dealers & gasoline service stations” industry, but how does it compare to its peers? We will compare Penske Automotive Group to similar companies based on the strength of its earnings, v
Wall Street brokerages expect Illinois Tool Works (NYSE:ITW) to report $1.96 earnings per share for the current quarter, Zacks reports. Five analysts have issued estimates for Illinois Tool Works’ earnings, with estimates ranging from $1.95 to $1.99. Illinois Tool Works reported earnings pe
Red Rock Resorts Inc (NASDAQ:RRR) was the target of some unusual options trading activity on Thursday. Investors acquired 1,886 put options on the stock. This is an increase of approximately 1,036% compared to the average volume of 166 put options.