Category: Market Summary
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North American Morning Briefing: Stock Futures Stall Ahead of ADP Jobs Data
Market Wraps Watch For: ADP National Employment Report for August; 2Q Preliminary Estimate for GDP; Pending Home Sales for July; EIA Weekly Petroleum Status Report Today’s Top Headlines/Must Reads: – Following Donald Trump, GOP Candidates Talk Tough on Trade – AI Startup Buzz Is Facing a Reality Check – RIP Buzzy ETFs: Metaverse, Gen-Z Funds…
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US Futures Down, European Stocks Mixed Amid Raft of Economic Releases
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average declined 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. Prudential rose 3.9% and S4 Capital added 3.7%. On the other…
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U.S. Stocks Show Substantial Move To The Upside
Stocks moved sharply higher during trading on Tuesday, extending the upward move seen over the two previous sessions. The major averages all moved to the upside, with the tech-heavy Nasdaq posting a standout gain. The major averages finished the session just off their best levels of the day. The Nasdaq surged 238.63 points or 1.7…
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Tuesday’s Wall Street Highlights: Alphabet, Verizon, Joann, Intel, Catalent, and more
US Index Futures are marginally lower in Tuesday’s premarket, awaiting important economic data, which may define the trajectory of interest rates around the world. By 6:51 AM, Dow Jones futures (DOWI:DJI) were down 7 points, or 0.02%. S&P 500 futures were down 0.01% and Nasdaq-100 futures were down 0.01%. The 10-year Treasury yield was at 4.21%. On…
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North American Morning Briefing: Investors Look Ahead to Some Key Data This Week
Market Wraps Watch For: S&P CoreLogic Case-Shiller Home Price Index for June; Conference Board Consumer Confidence for August; Earnings from Bank of Montreal, Best Buy, HP, Hewlett Packard Enterprise, PDD Today’s Top Headlines/Must Reads: – Chinese Stocks Are in a Slump-and Value Investors Are Excited – Chevron Workers in Australia Set Date for Work Bans,…
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US Futures, European Stocks Rise
In the 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 0.6% in morning trading. NN Group rose 9.2% and Grand City Properties added 7.1%. On…
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U.S. Stocks Close Firmly In Positive Territory
U.S. stocks settled firmly in positive territory on Monday despite seeing some wild swings during the course of the day’s session. The major averages all closed notably higher. The Dow settled with a gain of 213.18 points or 0.62 percent at 3,560.08. The S&P 500 ended up 27.57 points or 0.63 percent at 4,433.28, while…
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US Futures, European Stocks Up Amid Hopes Fed Rate Rises Are Nearing End
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the UK market was closed. Other stocks in Europe were up. France’s CAC 40 increased 0.9% and Germany’s DAX climbed…
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U.S. Stocks Shrug Off Mid-morning Setback, Close On Firm Note
U.S. stocks started off on a firm note on Friday and despite suffering a setback around mid morning, recovered swiftly and stayed firm right till the end of the day’s session to finish on a strong note. Investors reacted positively to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium. The major averages…
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US Futures Rise, European Stocks Mixed Ahead of Powell Speech
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 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. Elekta Series B added 2.7% and Quilter rose 1.7%. On the…