Category: Market Summary
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US Futures Flat, European Stocks Mixed as Central Bank Meetings Loom
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. Just Eat Takeaway.com rose 6.2% and Delivery Hero added 5.6%. On the other…
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U.S. Stocks Climb Well Off Worst Levels But Still Close Modestly Lower
After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Tuesday but still closed modestly lower. The major averages all finished the day in the red, with the tech-heavy Nasdaq falling to its lowest closing level in almost a month. The major averages remained stuck…
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Tuesday’s Wall Street Highlights: Alphabet, TSMC, Instacart, Toyota, Rackspace Technology, and more
US index futures are slightly higher in Tuesday’s pre-market, a day before Federal Reserve’s decision on monetary policy, with interest rates forecast to remain between 5.25% and 5.50%. Meanwhile, in the euro zone, the latest reading showed more moderate inflation. At 7:04 AM, Dow Jones futures (DOWI:DJI) rose 30 points, or 0.09%. S&P 500 futures rose 0.11%…
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North American Morning Briefing: Stock Futures Lack Momentum as Fed Decision Looms
Market Wraps Watch For: Housing Starts for August; Canada Consumer Price Index for August; Instacart IPO Today’s Top Headlines/Must Reads: – American Business Confidence in China Slumps to Lowest in Decades – UAW Strike Collides With Biden’s Manufacturing Agenda – Auto Loans Pass Student Loans in Consumer Debt Load, Fed Data Shows Opening Call: Stock…
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US Futures Flat, European Stocks Mixed Ahead of Central Bank Decisions
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Billerud rose 6.6% and Hargreaves Lansdown rose 3.8%. On the other hand, Kingfisher…
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U.S. Stocks Finish Lackluster Session Little Changed
Following the volatility seen to close out the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the session slightly higher. While the S&P 500 edged up 3.21 points or 0.1 percent…
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Monday’s Wall Street Highlights: Cisco Systems, GM, Alibaba, SVB Financial, Clorox and More
US Index Futures are slightly up in Monday’s pre-market, a day with a light global agenda, with the whole week’s global focus being on the U.S. interest rate decision on Wednesday. At 6:52 AM, Dow Jones (DOWI:DJI) futures were up 35 points, or 0.10%. S&P 500 futures rose 0.14%, and Nasdaq-100 futures increased by 0.17%.…
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North American Morning Briefing: Cautious Start to Week With Fed, Other Central Banks Primed
Market Wraps Watch For: Canada Housing Starts for August; Earnings from Stitch Fix; Airbnb and Blackstone are set to join the S&P 500 Today’s Top Headlines/Must Reads: – Why a Soft Landing Could Prove Elusive – An Even Bigger Housing Crisis Threatens China’s Economy – Republican Groups Craft Short-Term Bill to Keep Government Open Opening…
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US Futures Rise, European Stocks Drop
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average rose 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.5% in morning trading. Mondi PLC climbed 4.5% and International Distribution Services added 4%. On…
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U.S. Stocks Pull Back Sharply Amid Worries About Interest Rates
Stocks moved sharply lower over the course of the trading day on Friday, giving back ground following the rally seen on Thursday. The major averages all showed notable moves to the downside, with the tech-heavy Nasdaq leading the pullback. The major averages all finished the day firmly in negative territory. The Nasdaq tumbled 217.72 points…