Category: Market Summary
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Tuesday’s Wall Street Highlights: WeWork, UBS, Sanofi, Alteryx, Intel, and more.
U.S. index futures point to a negative opening this Tuesday, signaling a cautious reaction from investors to recent mixed corporate earnings and unfavorable economic indicators coming from Europe. The market also remains in anticipation of insights from Federal Reserve members and the impending release of American trade balance data, elements that may provide additional direction…
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North American Morning Briefing: Higher Bond Yields Weigh on Sentiment
Market Wraps Watch For: International Trade for September; Canada Trade for September; Earnings from Uber Technologies Today’s Top Headlines/Must Reads: – Big Banks Cook Up New Way to Unload Risk – China’s Exports Tumble Again in Fresh Sign of Economic Trouble – EV Makers Turn to Discounts to Combat Waning Demand Opening Call: Stock futures…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
December S&P 500 futures (CCOM:US500) are down -0.15%, and December Nasdaq 100 E-Mini futures (CCOM:US100) are down -0.16% this morning as investors digested weak Chinese trade data and comments from a Federal Reserve policymaker that tempered expectations of speedy interest rate cuts by the U.S. central bank. Third-quarter earnings season continues, and investors anticipate new reports…
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US Futures Slip, European Stocks Mostly Flat
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average fell 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Sinch added 16.6% and Associated British Foods rose 6.5%. On the other hand,…
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U.S. Stocks Finish Lackluster Session Modestly Higher
After moving sharply higher over the course of the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent most of the day lingering near the unchanged line before closing modestly higher. While the Nasdaq climbed 40.50 points or 0.3 percent to 13,518.78 and the S&P 500 rose…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
In the coming week, investors will be monitoring a spate of economic data, including the U.S. Exports, Imports, Trade Balance, Wholesale Inventories, Crude Oil Inventories, Initial Jobless Claims, and Michigan Consumer Sentiment (preliminary). In addition, several Fed officials will be making appearances this week, including Cook, Waller, Williams, Logan, and Jefferson. In other news, oil…
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Monday’s Wall Street Highlights: Berkshire Hathaway, Tesla, GM, Unilever, and more
U.S. index futures indicate a positive opening on Monday, driven by the anticipation of an end to the Federal Reserve’s interest rate hike cycle. As of 06:28, Dow Jones futures (DOWI:DJI) rose 19 points, or 0.06%. S&P 500 futures gained 0.17%, and Nasdaq-100 futures increased by 0.20%. The yield on 10-year Treasury notes stood at…
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North American Morning Briefing: Stocks Look to Extend Latest Rally
Market Wraps Watch For: Employment Trends Index for October Today’s Top Headlines/Must Reads: – These Funds Offer a Way to Lock In High Bond Yields – Foreign Firms Pull Billions in Earnings Out of China – Markets Got an Unexpected Boost From Washington. Will It Mark a Turning Point? Opening Call: Stock futures nudged higher…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.2% in morning trading. Idorsia added 9% and Ryanair Holdings rose 5.8%. On the other hand, Aroundtown…
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U.S. Stocks Extend Rally Following Weaker Than Expected Jobs Data
Capping off a strong week for the markets, stocks moved considerably higher during the trading session on Friday. The Dow and the S&P 500 closed higher for the fifth straight day, while the tech-heavy Nasdaq extended its winning streak to six sessions. The major averages pulled back off their best levels going into the close…