Author: iHub News
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North American Morning Briefing: Stock Futures Stall Ahead of ADP Jobs Data
Market Wraps Watch For: ADP National Employment Report for August; 2Q Preliminary Estimate for GDP; Pending Home Sales for July; EIA Weekly Petroleum Status Report Today’s Top Headlines/Must Reads: – Following Donald Trump, GOP Candidates Talk Tough on Trade – AI Startup Buzz Is Facing a Reality Check – RIP Buzzy ETFs: Metaverse, Gen-Z Funds…
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US Futures Down, European Stocks Mixed Amid Raft of Economic Releases
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average declined 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. Prudential rose 3.9% and S4 Capital added 3.7%. On the other…
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Top Company News of the Day: CNN, VinFast, 3M, Meta
CNN Expected to Tap Mark Thompson as CEO The expected hiring of the former New York Times chief comes as the news network looks to reverse a multiyear ratings slump. VinFast Stock Plunges, Wiping Out $90 Billion in Market Value VinFast stock snapped a six-day winning streak, hard. Shares fell 43.8% Tuesday, wiping out about…
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U.S. Stocks Show Substantial Move To The Upside
Stocks moved sharply higher during trading on Tuesday, extending the upward move seen over the two previous sessions. The major averages all moved to the upside, with the tech-heavy Nasdaq posting a standout gain. The major averages finished the session just off their best levels of the day. The Nasdaq surged 238.63 points or 1.7…
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U.S. Stocks May Move Back To The Downside In Early Trading
US Market U.S. stocks settled firmly in positive territory on Monday despite seeing some wild swings during the course of the day’s session. The major averages all closed notably higher. The Dow settled with a gain of 213.18 points or 0.62 percent at 3,560.08. The S&P 500 ended up 27.57 points or 0.63 percent at…
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North American Morning Briefing: Investors Look Ahead to Some Key Data This Week
Market Wraps Watch For: S&P CoreLogic Case-Shiller Home Price Index for June; Conference Board Consumer Confidence for August; Earnings from Bank of Montreal, Best Buy, HP, Hewlett Packard Enterprise, PDD Today’s Top Headlines/Must Reads: – Chinese Stocks Are in a Slump-and Value Investors Are Excited – Chevron Workers in Australia Set Date for Work Bans,…
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US Futures, European Stocks Rise
In the 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 0.6% in morning trading. NN Group rose 9.2% and Grand City Properties added 7.1%. On…
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Top Company News of the Day: 3M, Chevron, BYD, Zip Co.
3M Board Approves $6 Billion Earplug Settlement Payments are expected to be paid out over multiple years, and the total is substantially less than some analysts expected. Chevron Workers in Australia Set Date for Work Bans, Stoppages The walkout threats bring concerns of a sudden drop in liquefied natural gas exports, disruptions to global gas…
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U.S. Stocks Close Firmly In Positive Territory
U.S. stocks settled firmly in positive territory on Monday despite seeing some wild swings during the course of the day’s session. The major averages all closed notably higher. The Dow settled with a gain of 213.18 points or 0.62 percent at 3,560.08. The S&P 500 ended up 27.57 points or 0.63 percent at 4,433.28, while…
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US Futures, European Stocks Up Amid Hopes Fed Rate Rises Are Nearing End
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the UK market was closed. Other stocks in Europe were up. France’s CAC 40 increased 0.9% and Germany’s DAX climbed…