Author: iHub News
-
US Futures Flat, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. Sonova Holding rose 6% and Rheinmetall added 4.7%. On the other hand, MorphoSys…
-
Top Company News of the Day: MMG, Fortescue Metals, X, OpenAI
Chinese Property Stocks Soar on Hopes of More Supportive Measures Chinese property stocks rose sharply amid hopes for more policy support, after a media report said authorities are drafting a list of developers that are eligible for obtaining funding. MMG Plans to Buy Copper Mine in Africa for $1.88 Billion Chinese government-backed mining company MMG…
-
U.S. Stocks Move Mostly Higher, Nasdaq Reaches Best Closing Level Since Late July
Following the lackluster performance seen to close out the previous week, stocks moved mostly higher during trading on Monday. The tech-heavy Nasdaq led the advance, reaching its best closing level since late July. The major averages pulled back off their highs going into the close but remained firmly positive. The Nasdaq jumped 159.05 points or…
-
Futures Pointing To Roughly Flat Open On Wall Street
US Market The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move the upside following the lackluster performance seen in the previous session. Stocks may continue to benefit from recent upward momentum, which has helped propel the Dow and the Nasdaq to their best levels in…
-
North American Morning Briefing: Stocks Futures Steady on Rates Optimism
Market Wraps Watch For: Conference Board Leading Indicators for October Today’s Top Headlines/Must Reads: – Stock market surges toward 2023 high. Will holiday shoppers put it over the top? – The Hidden Hero Fueling Soft-Landing Hopes: A Boost in Supply – Office Landlords Can’t Get a Loan Anymore Opening Call: Stock futures edged higher on…
-
US Futures Flat, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. CD Projekt added 3.8% and Diploma PLC rose 3.6%. On the other hand,…
-
Top Company News of the Day: Open AI, GM, Singtel, Glencore
Sam Altman Not Returning as CEO of OpenAI Sam Altman’s bid to return to OpenAI faltered, as the board that fired him opted not to agree to proposed terms of his reinstatement. Emmett Shear, former CEO of Twitch, was named interim CEO. Kyle Vogt Resigns as CEO of GM’s Driverless-Car Unit Cruise The resignation follows…
-
U.S. Stocks Finish Choppy Session Slightly Higher, Post Strong Weekly Gains
wallstreet sept20 28sep23 ltFollowing the lackluster performance seen during Thursday’s session, stocks continued to experience choppy trading on Friday. The major averages spent the day bouncing back and forth across the unchanged line before closing slightly higher. The S&P 500 edged up 5.78 points or 0.1 percent to 4,514.02, the Nasdaq inched up 11.81 points…
-
US Futures Mostly Flat, European Stocks Rise
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Fresenius Medical Care rose 4% and alstria office REIT added 3.5%. On the…
-
Top Company News of the Day: X, IBM, Google, Applied Materials
Elon Musk’s X Loses Bid to Scrap FTC Privacy Order The federal judge also denies X’s request to stop a deposition of Musk. IBM pulls ads from X after Elon Musk’s incendiary comments over white pride On Wednesday, Musk agreed with a X post that an anti-Semitic conspiracy theory that Jewish people hold a “dialectical…