Category: Market Summary
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Monday’s Wall Street Highlights: US Steel, Tesla, Nikola, AMC Entertainment, and more
US index futures are up in premarket trading on Monday, signaling a recovery after the previous week’s falls, which were influenced by fears related to inflation and interest rates in the global scenario. By 6:47 AM, Dow Jones futures (DOWI:DJI) were up 88 points, or 0.25%. S&P 500 futures were up 0.29% and Nasdaq-100 futures were…
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North American Morning Briefing: Stock Futures Firmer Despite More China Stress
Market Wraps Watch For: Earnings from Suncor Energy, Getty Images, Rumble Today’s Top Headlines/Must Reads: – China’s Deepening Housing Problems Spook Investors – The Economic Losers in the New World Order – U.S. Steel Rejects Offer From Cleveland-Cliffs – China’s Worsening Economy Is Hurting Corporate America Opening Call: Stock futures were higher on Monday, despite…
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3 Issues To Watch For This Week: Fed, Economic Data, Earnings
Investors this week will look to the US Federal Reserve’s (Fed) minutes from last month’s meeting, due to be released on the 16th, for clues about the future outlook for US interest rates. And retail sales data and earnings of major retailers will help spot consumer spending trends in the US, while China’s industrial production…
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US Futures, European Stocks Mixed as Inflation Concerns Return
In 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 declined 0.1% in morning trading. Koninklijke Philips rose 5.3% and Afry climbed 3.5%. On the other hand,…
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U.S. Stocks Close Mixed Following Producer Price Inflation Data
Following the release of producer price inflation data, the major U.S. stock indexes turned in a mixed performance during trading on Friday. The tech-heavy Nasdaq slid 93.14 points or 0.6 percent to 13,644.85, ending the session at its lowest closing level in well over a month. The S&P also edged down 4.78 points or 0.1…
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US Futures Up, European Stocks Down as Market Weighs US Data
In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. UBS Group added 4.9% and Bechtle rose 3.2%. On the other…
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U.S. Stocks Close Only Slightly Higher As Early Rally Evaporates
After moving sharply higher early in the session, stocks largely offset the rally over the course of the trading day on Thursday. The major averages pulled back well off their highs of the session, ending the day just above the unchanged line. The Dow surged by more than 450 points in early trading but ended…
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Thursday’s Wall Street Highlights: Capri Holdings, Disney, Sonos, Applovin, Plug Power, and more
US index futures rose in premarket Thursday, a day highly anticipated by global investors due to the release of US inflation data. By 6:43 AM, Dow Jones futures (DOWI:DJI) were up 164 points, or 0.47%. S&P 500 futures were up 0.49% and Nasdaq-100 futures were up 0.58%. The yield on the 10-year Treasury bill was at 4.005%.…
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North American Morning Briefing: Attention Turns to Key Inflation Data
Market Wraps Watch For: CPI for July; Weekly Jobless Claims Today’s Top Headlines/Must Reads: – What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed – U.S. and China Poised to Drift Further Apart After Investment Ban – ‘It’s Hard to Be an Activist These Days’: Gadfly…
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US Futures, European Stocks Rise
In the U.S. futures for the S&P 500 were up 0.6% and futures for the Dow Jones Industrial Average climbed 0.6%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.6% in morning trading. Knorr-Bremse rose 5% and Quilter added 3.6%. On the other hand,…