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New York State Manufacturing Sentiment Plummets In May: Trouble Ahead For The ISM Manufacturing PMI?

By Piero Cingari
May 15, 10:50 AM
The New York Empire State Manufacturing Index, which measures the sentiment of manufacturing executives about business conditions in the state of New York, unexpectedly plunged to negative 31.8 points in May, down from 10.8 in April and considerably below the 3.75 decline

UUP

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Retail Sales Preview: Will Consumer Demand Fall? How Markets Reacted To Prior Reports

By Piero Cingari
May 15, 9:23 AM
The Census Bureau is expected to publish U.S. retail sales data for April prior to the start of Tuesday's trading session.  Here are five key takeaways for investors ahead of the report and analyst reactions to past releases. 

C

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The SPY Drops As Traders Price In Possible 8th Consecutive Rate Hike: The Bull, Bear Cases As Volatility Picks Up

By Melanie Schaffer
May 12, 1:22 PM
The SPDR S&P 500 ETF Trust (NYSE: SPY) was volatile Friday, gapping up to start the trading session before ran into sellers who caused the market ETF to drop half a percentage point intraday after data released from the University of Michigan showed inflation

SPY

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Debt Ceiling Standoff Ending Will Likely Push Fed To Restart QE, BofA Analyst Says

By Piero Cingari
May 12, 9:28 AM
If the debt ceiling dispute triggers an abrupt risk-off in financial markets, the Federal Reserve will then resume quantitative easing, as the Bank of England did in September, said Bank of America chief investment strategist Michael Hartnett in a recent report.&

SPY