Category: Market Summary

Stock futures were little changed on Wednesday, indicating the S&P 500 will open a fraction shy of a fresh record amid lingering optimism that borrowing costs will fall in 2024. “Aside from the customary Santa seasonality, any gains witnessed for the remainder of this week may be attributed to the notable increase in the probability…

Global stock markets saw an uptick on Wednesday, with investors drawing inspiration from Wall Street’s gains as U.S. markets resumed trading post-holiday, anticipating a tranquil week with shortened trading sessions. The future contracts for major U.S. indices showed mixed movements. The S&P 500’s future contract witnessed a marginal increase of less than 0.1%, while the…

U.S. futures for the S&P 500 were flat 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 climbed 0.1% in morning trading. Orpea rose 5.9% and Samhaellsbyggnadsbolaget added 5.5%. On the other hand, Carnival dropped 4.3%,…

Stocks moved mostly higher during trading on Tuesday, with the major averages all moving to the upside after ending last Friday’s session narrowly mixed. The advance on the day represents a positive start to the final trading week of 2023. The major averages pulled back off their best levels going into the close but remained…

March S&P 500 E-Mini futures are up +0.14%, and March Nasdaq 100 E-Mini futures are up +0.18% this morning as trading resumed after the Christmas holiday, with investors looking ahead to earlier and deeper interest rate cuts from the Federal Reserve next year following a cooler-than-expected U.S. inflation report last week. In Friday’s trading session,…

After an early move to the upside, stocks fluctuated over the course of the trading session on Friday before eventually ending the session narrowly mixed. The Nasdaq and the S&P 500 closed modestly higher, while the narrower Dow edged slightly lower. While the Dow slipped 18.38 points or 0.1 percent to 37,385.97, the Nasdaq rose…

Stock futures drifted lower, with Nike shares down more than 10% premarket after it cut its revenue outlook. One last batch of inflation data will test markets before Christmas. A readout on price pressures, personal spending and incomes is due at 8:30 a.m. ET. Economists expect the report to affirm that inflation retreated last month,…

Following the sharp pullback seen late in Wednesday’s session, stocks showed a strong move back to the upside during trading on Thursday. The major averages all moved notably higher, largely offsetting yesterday’s steep losses. The major averages saw further upside going into the close, reaching new highs for the session. The Dow advanced 322.35 points…

Canada’s BlackBerry forecast fourth-quarter revenue of $150 million to $159 million, below analysts’ estimates for $185.6 million. The stock was down 7.1%. Boeing moved closer to resuming 737 MAX deliveries to China as it appeared Chinese airlines were getting ready to take delivery of the jets again. Trade publication The Air Current reported Boeing has…

U.S. futures for the S&P 500 were up 0.5% and futures for the Dow Jones Industrial Average rose 0.4%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. DocMorris climbed 12.8% and Assura added 3.7%. On the other hand, Indutrade lost…