Author: iHub News
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Futures Pointing To Roughly Flat Open Ahead Of Powell Remarks
US Market The major U.S. index futures are currently pointing to a modestly lower open for the markets on Tuesday, with stocks likely to give back ground after trending higher over the past several sessions. Traders may look to cash in on the recent strength in the markets, which partly reflected optimism that the Federal…
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US Futures Flat, European Stocks Slip
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Auto1 Group climbed 10.8% and Marks & Spencer Group rose 8.8%. On the…
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Top Company News of the Day: Bayer, Gilead Sciences, Rivian, EBay
Bayer Mulls Possible Split of Crops or Consumer Health Bayer CEO Bill Anderson said he is looking at various structural options for the company but ruled out splitting the group into three businesses. Gilead Sciences Results Beat Estimates Company reported net income of $2.18 billion, or $1.73 a share, compared to $1.79 billion, or $1.42…
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Dow, S&P 500 Reach Best Closing Levels In Well Over A Month
Stocks moved mostly higher over the course of the trading day on Tuesday, extending the upward trend seen over the past several sessions. With the continued advance, the Dow and the S&P 500 reached their best closing levels in well over a month. The major averages pulled back off their best levels going into the…
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Profit Taking May Contribute To Initial Pullback On Wall Street
US Market The major U.S. index futures are currently pointing to a modestly lower open for the markets on Tuesday, with stocks likely to give back ground after trending higher over the past several sessions. Traders may look to cash in on the recent strength in the markets, which partly reflected optimism that the Federal…
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North American Morning Briefing: Higher Bond Yields Weigh on Sentiment
Market Wraps Watch For: International Trade for September; Canada Trade for September; Earnings from Uber Technologies Today’s Top Headlines/Must Reads: – Big Banks Cook Up New Way to Unload Risk – China’s Exports Tumble Again in Fresh Sign of Economic Trouble – EV Makers Turn to Discounts to Combat Waning Demand Opening Call: Stock futures…
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US Futures Slip, European Stocks Mostly Flat
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average fell 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Sinch added 16.6% and Associated British Foods rose 6.5%. On the other hand,…
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Top Company News of the Day: UBS, Aramco, Nintendo, WeWork
UBS Reports Loss as Credit Suisse Costs Weigh UBS swung to a wider-than-expected net loss in the third quarter, as Credit Suisse integration-related expenses weighed. Aramco Profits Fall on Lower Prices Saudi Arabia’s national oil company reported a drop in third-quarter profits to $33 billion due to lower energy prices and volumes sold. Nintendo Raises…
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U.S. Stocks Finish Lackluster Session Modestly Higher
After moving sharply higher over the course of the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent most of the day lingering near the unchanged line before closing modestly higher. While the Nasdaq climbed 40.50 points or 0.3 percent to 13,518.78 and the S&P 500 rose…
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Traders May Take A Breather To Digest Recent Surge
US Market The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the strong upward move seen last week. Traders may be reluctant to make significant moves as the digest last week’s rally, which reflected easing concerns about the outlook…