Category: Latest News

U.S. stock futures edged higher early Friday, as investors awaited a key inflation report that could impact future Federal Reserve policy decisions. Below are some of the notable U.S. premarket stock movers: Follow the premarket movers on InvestorsHub

Nike’s stock surged more than 9% in premarket trading on Friday after the company reported better-than-expected results for its fiscal fourth quarter. CEO Elliott Hill said during the earnings call that the worst of the company’s turnaround efforts is likely over, and things are set to improve from here. “It’s time to turn the page,”…

Apogee Enterprises (NASDAQ:APOG) saw its stock climb over 6% in pre-market trading Friday after the company reported solid first-quarter results and raised its outlook for the full fiscal year. The Minneapolis-based manufacturer, which specializes in architectural building products, posted adjusted earnings of $0.56 per share for the quarter ended May 31—comfortably ahead of Wall Street…

Meta Platforms (NASDAQ:META) is once again under pressure from European regulators, who have warned that the company could face daily fines starting June 27 if it fails to align its ad practices with the European Union’s Digital Markets Act (DMA), Reuters reported Friday. The dispute centers around Meta’s “pay-or-consent” model introduced in late 2023. Under…

Nike’s (NYSE:NKE) stock surged over 9% in premarket trading Friday after the company reported fiscal fourth-quarter results that exceeded analyst expectations. CEO Elliott Hill’s comments during the earnings call, expressing confidence that the business is on an upswing, helped fuel investor enthusiasm. Hill declared, “It’s time to turn the page,” signaling optimism about the company’s…

Gold prices declined modestly in Asian markets on Friday, nearing their lowest levels in almost a month. The sustained ceasefire between Israel and Iran eased geopolitical uncertainties, reducing the metal’s appeal as a safe-haven asset. Meanwhile, market focus shifted toward upcoming U.S. inflation figures, which could impact Federal Reserve policy decisions. Spot gold dropped about…

Oil prices experienced a modest uptick in Asian trading on Friday, supported by indicators of steady demand in the United States. Yet, both Brent and West Texas Intermediate (WTI) benchmarks are still set to close the week with substantial losses, reflecting diminished worries about supply disruptions in the Middle East. By 21:10 ET (01:10 GMT),…

U.S. equity futures pointed to a strong start on Wall Street Friday morning, as easing global tensions and supportive trade signals helped lift market sentiment. By 03:33 ET, Dow Jones futures were up 149 points (0.3%), while S&P 500 and Nasdaq 100 futures rose 0.3% and 0.4%, respectively. Optimism Grows Amid Geopolitical Calm and Trade…

The U.S. dollar made a slight move upward in early Friday trading but stayed pinned near its lowest levels in over two years, weighed down by fading geopolitical tensions and improving global trade sentiment. In contrast, the euro continued to strengthen, supported by upbeat inflation figures from key eurozone economies. Dollar Faces Headwinds from Easing…