Financial News Analysis & Upcoming Economic Events
Top news for June 28th
Stocks once again struggled. Dow futures down 491 points, now at 30,946.
Morgan Stanley. Goldman Sachs, Bank of America and Wells Fargo Bank, all raising dividends so that's good for anyone holding those stocks. Dividends will be raised, meaning banks are making good money and could potentially be good dividend stocks.
Oil prices jumped today, $2 a barrel.
The US average price nationwide for single-family homes in America rose 21.2 percent year over year in April, the highest level on record from the S&P/CASE-SHILLER.
U.S CB consumer confidence fell 98.7 in June, the lowest since February 2021.
Top news to look out for on June 29th
Final GDP quarter to quarter coming out which will have medium level impact on the US market.
Final GDP price index quarter-over-quarter coming out which will have a low level impact on the market.
We’ll be seeing and hearing about Crude oil inventory report today as well.
Keep your eyes for the numbers to be able to determine if the market will turn bullish or will bears be taking over yet again, which they have for most of 2022 for stocks and cryptocurrencies.
Lots of volatility before the long weekend, so trade carefully out there. If you're learning how to trade and you like the right information and you like to learn from investors who have been trading for many, many years, you can join our ecosystem and community at rich tv.io.
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