Category: Market Summary
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U.S. CPI in focus as CoreWeave surges on AI demand and Hormuz traffic falls: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures moved higher ahead of closely watched July inflation figures, with investors looking for clues about how the data could influence Federal Reserve interest rate decisions over the coming months. CoreWeave (NASDAQ:CRWV) shares surged after booming artificial intelligence demand drove another sharp increase in revenue, although the cloud-computing company’s heavy capital spending remained…
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Wall Street Pulls Back From Records as Oil Jumps and Inflation Data Looms
Stocks retreated from recent highs on Tuesday as investors turned cautious ahead of key inflation data due later this week and watched a fresh climb in oil prices tied to rising Middle East tensions. All three major indexes finished lower, with the tech-heavy Nasdaq bearing the brunt of the selling as traders trimmed exposure to…
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U.S. Futures Flat as Trump Rejects Iran Reparations, Intel Raises $20 Billion: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures traded close to unchanged on Tuesday as investors monitored renewed Middle East tensions, higher oil prices and developments across the artificial intelligence sector ahead of key inflation data later this week. By 03:05 ET (07:05 GMT), Dow futures were down 51 points, or 0.1%, while S&P 500 and Nasdaq 100 futures were…
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Wall Street Drifts Lower as Oil Climbs and Investors Await Key Inflation Data
U.S. stocks edged lower on Monday in a quiet, cautious session as traders looked ahead to a heavy week of inflation reports and Treasury auctions. Rising oil prices lifted energy shares but did little to change the broader mood, with the major indexes hovering just below the record highs reached late last week. The pullback…
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Five key market events investors should follow this week
U.S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict. Corporate earnings will also remain in focus, with Cisco Systems (NASDAQ:CSCO) among the most prominent companies scheduled to report…
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Iran demands, Berkshire Hathaway results and U.S. inflation shape market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.S. inflation data later this week. Markets were also digesting Berkshire Hathaway’s (NYSE:BRK.B) latest results, which showed new chief executive Greg Abel beginning to deploy more of the…
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Weak July Jobs Report Eases Rate Fears as S&P 500 Sets a Record
Wall Street ended the week on a strong note Friday, with all three major indexes closing higher after a surprisingly weak July jobs report convinced investors that the Federal Reserve is unlikely to raise interest rates any time soon. The Labor Department said the economy lost 23,000 jobs in July, while the unemployment rate held…
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U.S. Stocks Poised for Higher Open as Weak Jobs Report Boosts Rate Cut Hopes: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a stronger open on Friday after a weaker-than-expected July employment report eased concerns that the Federal Reserve could raise interest rates again in the near term. Futures accelerated higher following the release of the latest Labor Department data, with investors interpreting the softer labour market figures as reducing the likelihood…
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US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are…
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Dow Slips From Record as Rising Yields and Oil Weigh on Wall Street
Stocks pulled back on Thursday, with the Dow Jones Industrial Average leading the retreat as climbing Treasury yields, firmer oil prices, and a heavy run of corporate earnings gave investors reason to lock in some profits. The blue-chip index slipped from the record territory it reached earlier in the week, snapping a five-day winning streak,…