Category: Latest News
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Futures Pointing To Modestly Lower Open On Wall Street
US Market The major U.S. index futures are currently pointing to a modestly lower open on Monday, with stocks likely to move to the downside after ending last Friday’s holiday-shortened session narrowly mixed. Traders may look to cash in on recent strength in the markets, which has seen the major averages move higher for four…
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North American Morning Briefing: Stock Futures Pull Back as China Data Disappoint
Market Wraps Watch For: New Home Sales for October Amazon.com Today’s Top Headlines/Must Reads: – Investors See Interest-Rate Cuts Coming Soon, Recession or Not – Stock Market Heads Into Year’s End With Serious Momentum – Retailers Have Cleaned Up Their Inventories for the Holidays Opening Call: Stock futures were a touch lower on Monday following…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
In the coming week, the October reading of the U.S. core personal consumption expenditures price index, the Fed’s preferred inflation gauge, will be the main highlight. Also, market participants will be eyeing a spate of economic data, including the U.S. CB Consumer Confidence, S&P/CS HPI Composite – 20 n.s.a., Richmond Manufacturing Index, GDP (preliminary), GDP…
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Monday’s Wall Street Highlights: Walmart, Disney, Lloyds Banking, Mitsui Financial, HSBC, and more
U.S. index futures show a slight decline in Monday’s pre-market. This scenario is a response to the recent increase in U.S. interest rates, the drop in oil prices, and unfavorable economic indicators from China influencing market movements. As of 05:59 AM, Dow Jones futures (DOWI:DJI) fell 28 points, or 0.08%. S&P 500 futures declined by…
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US Futures Slip, European Stocks Mixed at Start of the Week
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Corbion rose 5.3% and Rightmove climbed 4.8%. On the other hand, Orpea sunk…
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Top Company News of the Day: Origin Energy, TikTok, Meta, Citizens Financial
Origin Energy Bidder Doesn’t Know How Much Largest Shareholder Wants The consortium bidding to acquire Origin Energy for nearly US$11 billion still doesn’t know what price the Australian power company’s biggest shareholder wants to get a deal done. Will Livestreaming Be TikTok’s Amazon-Killer? TikTok is moving aggressively into e-commerce-a space where its Chinese equivalent is…
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U.S. Stocks Finish Holiday-Shortened Session Narrowly Mixed
Stocks turned in a lackluster performance throughout the trading session on Friday, as many traders continued to enjoy the Thanksgiving Day holiday. Despite the choppy trading, the Dow and the S&P 500 ended the day at their best closing levels in well over three months. The major averages finished the session narrowly mixed. While the…
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Crypto this Friday: Cryptocurrencies Reach New Highs, Kwon’s Extradition Approved, and More
Recovery and new records in the cryptocurrency market The cryptocurrency market showed a remarkable recovery on Friday. Bitcoin (COIN:BTCUSD) reached $38,253.20 at the time of publication, with a 7-day increase of 5.83%. Ether (COIN:ETHUSD) also exceeded expectations, crossing the $2,000 mark, up 3%, at $2,123.12, with a weekly gain of 8.20%. Meanwhile, Solana (COIN:SOLUSD) rose…
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U.S. Stocks May Lack Direction In Light Post-Holiday Trading
US Market The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction as trading resumes following the Thanksgiving Day holiday on Thursday. Traders may remain away from their desks following yesterday’s holiday, as the markets are due to close earlier than…
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Friday’s Wall Street Highlights: Barclays, Macy’s, Alibaba, Novo Nordisk, and more
In Friday’s pre-market, U.S. index futures are seeing a slight increase, marked by a shorter than usual trading session. Investors are paying special attention to economic activity indicators set to be announced late in the morning. U.S. market operations will conclude earlier, at 1:00 PM. As of 5:25 AM (Brasília time), the yield on 10-year…