Category: Latest News
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Dow Jones S&P 500 and Nasdaq futures point lower as investors await inflation data and Nvidia results
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Monday, with stocks likely to give back ground following the substantial rally seen during the previous session. Profit taking may contribute to initial weakness on Wall Street, as traders look to cash in on the strong gains posted last Friday,…
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New Home Sales Report and Fed Officials Speeches Highlight US Economic Agenda Today
The Commerce Department is scheduled to release its report on new home sales in the month of July at 10 am ET. Economists expected new home sales to rise to an annual rate of 630,000 in July after climbing to a rate of 627,000 in June. At 3:15 pm ET, Dallas Federal Reserve President Lorie…
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Is there still value in Nasdaq stocks?
Technology has been the driving force behind market gains in 2025, but soaring valuations are prompting investors to question how much upside remains. The latest Sevens Report points to “massive demand for semiconductors and AI infrastructure combined with the promise of AI-driven leaps in profitability” as the main reason tech has led the S&P 500’s…
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Amazon strengthens grip on U.S. e-commerce, JPMorgan says
Amazon (NASDAQ:AMZN) continued to expand its share of the U.S. e-commerce market in Q2, driven by strong retail growth and logistical advantages, according to JPMorgan. In a recent update to its U.S. e-commerce model, the bank noted that online retail sales grew 5.3% year-over-year in Q2, largely in line with the 5.6% growth recorded in…
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Morgan Stanley: Why the stock market is shrugging off policy risks
Despite recent signs of a slowing economy, the S&P 500 has shown notable resilience, according to Morgan Stanley analysts, who attribute this strength to the sector-specific effects of policy decisions. “The economy and markets have been telling diverging stories: macroeconomic data point to an incrementally weakening environment, while the S&P 500 has posted positive YTD…
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Can Aerospace Stocks Keep Leading the Market? Bernstein Weighs In
Aerospace shares have posted solid gains so far this year, but a recent report from Bernstein suggests that while the sector’s fundamentals remain strong, the rate of earnings upgrades may decelerate. The research firm highlighted the aftermarket segment as a major contributor to 2025 performance, noting that second-quarter sales growth averaged over 20%. Demand for…
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JPMorgan Strategists Stick to Bullish View on Global Equities
JPMorgan’s team of quantitative strategists reiterated their optimistic stance on stocks, pointing to loose financial conditions, a rebound in foreign investment in U.S. markets, and valuation models suggesting current levels are broadly aligned with fundamentals. In a Wednesday note, strategists led by Nikolaos Panigirtzoglou highlighted that while macro hedge funds remain wary, equity long/short managers…
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Positive Reaction To Powell Speech Sparks Rally On Wall Street
After trending lower over the past several sessions, stocks showed a substantial move back to the upside during trading on Friday. The major averages all moved sharply higher on the day, with the Dow reaching a new record closing high. The major averages ended the day well off their best levels but still posted strong…
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Jerome Powell to Deliver Economic Outlook Speech at 2025 Jackson Hole Symposium
Federal Reserve Chair Jerome Powell is scheduled deliver remarks on the “Economic Outlook and Framework Review” at the 2025 Jackson Hole Economic Policy Symposium at 10 am ET.
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Dow Jones S&P 500 and Nasdaq Futures Rebound as Wall Street Awaits Powell Speech at Jackson Hole
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after trending lower over the past several sessions. Traders may look to pick up stocks at somewhat reduced levels following the recent weakness, which has seen the S&P 500 close lower for five…