Author: iHub News
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Stocks Steady Ahead of Monthly Jobs Report Amid Trump’s New Iran Warning: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction in early trading. Uncertainty about the situation in the Middle East may keep some traders on the sidelines after President Donald Trump said over the weekend that he…
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March Factory Orders & Fed President Williams Keynote: What to Watch Today
The Commerce Department is due to release its report on new orders for manufactured goods in the month of March at 10 am ET. Factory orders are expected to rise by 0.5 percent in March after coming in unchanged in February. At 12:50 pm ET, New York Federal Reserve President John Williams is scheduled to…
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Apple Earnings Power S&P 500 and Nasdaq to Record Closes
Wall Street kicked off May on a split note Thursday, with the S&P 500 and Nasdaq Composite surging to fresh record closes while the Dow Jones Industrial Average lagged behind. The session was driven by a blowout earnings report from Apple and renewed optimism around easing geopolitical tensions in the Middle East — a combination…
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Tech Stocks Set to Extend Rally as Apple Crushes Estimates: Dow Jones, S&P and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to see further upside following the rally seen over the course of the previous session. Apple (NASDAQ:AAPL) may help lead an extended advance on Wall Street, as the tech giant is surging by 3.6 percent in…
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ISM Manufacturing PMI Seen Rising to 53 in April, Signaling Continued U.S. Factory Expansion
The Institute for Supply Management is scheduled to release its report on manufacturing activity in the month of April at 10 am ET. The manufacturing PMI is expected to inch up to 53.0 in April from 52.7 in May, with a reading above 50 indicating growth.
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Earnings Blitz Powers S&P 500 Past 7,200 for First Time
U.S. stocks surged Thursday as a wave of blockbuster earnings reports from corporate heavyweights overwhelmed lingering geopolitical jitters and sent the S&P 500 above the 7,200 level for the first time. Caterpillar, Alphabet, Eli Lilly, and Qualcomm all delivered blowout quarters, giving investors the confidence to push equities higher despite a mixed macroeconomic backdrop. The…
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Fed Holds Steady Amid Historic Dissent as Wall Street Awaits Big Tech Earnings Blitz
U.S. stocks finished mixed on Wednesday as investors digested a contentious Federal Reserve rate decision, rising oil prices tied to the Iran standoff, and a massive wave of after-hours earnings from four of the Magnificent Seven. The Dow Jones Industrial Average extended its losing streak to five sessions, weighed down by energy-driven inflation fears, while…
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OpenAI Revenue Concerns Drag Tech Stocks Lower, Offset Earnings Strength From GM and Coca-Cola
U.S. stocks closed lower on Tuesday as a leaked internal report from OpenAI rattled the artificial intelligence trade and sent semiconductor and cloud-infrastructure names sliding. The selloff was concentrated in technology, where fears about the sustainability of AI spending overwhelmed an otherwise solid batch of corporate earnings. Defensive pockets of the market held up better,…
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S&P 500, Nasdaq Hit Fresh Records While Dow Dips as Oil Prices Climb on Iran Tensions
U.S. stocks finished Monday’s session in mixed fashion as investors weighed strong earnings results against renewed geopolitical anxiety in the Middle East. The S&P 500 and Nasdaq Composite both closed at record highs, buoyed by a powerful rally in semiconductor and telecom shares, but gains across the broader market were capped after reports that U.S.-Iran…
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From Global Tensions to Canadian Strength: Volatility, Commodities & Capital
Markets have remained volatile through April, driven by geopolitical tensions in the Middle East and rapid shifts in investor sentiment. In this episode of The Market This Month, Anna Serin and Bruce Campbell break down the recent market swings, the divergence between oil and metals, and why Canadian markets — particularly small and mid-caps —…