Category: Market Summary

  • U.S. Stocks Move To The Downside Ahead Of Inflation Data

    U.S. Stocks Move To The Downside Ahead Of Inflation Data

    Stocks fluctuated over the course of the trading session on Wednesday before ending the day mostly lower. The major averages all moved to the downside, with the Nasdaq and the S&P 500 falling to their lowest closing levels in a month. The major averages came under pressure going into the close, finishing the session firmly…

  • US Futures, European Stocks Lift Slightly

    US Futures, European Stocks Lift Slightly

    In the U.S. futures for the S&P 500 were up 0.1% 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 0.7% in morning trading. Delivery Hero rose 6.6% and Sampo Series A added 5.2%. On the…

  • U.S. Stocks Close On Weak Note Despite Coming Off Day’s Lows

    U.S. Stocks Close On Weak Note Despite Coming Off Day’s Lows

    After a weak start and a subsequent sharp fall, stocks recovered gradually on Tuesday, but still ended the day’s session in negative territory. The major averages all ended notably lower, but well off the session’s lows. The Dow, which was down by about 470 points at one stage, ended the day with a loss of…

  • Tuesday’s Wall Street Highlights: Novo Nordisk, RingCentral, Chegg, UPS, AMC, and more

    Tuesday’s Wall Street Highlights: Novo Nordisk, RingCentral, Chegg, UPS, AMC, and more

    US Index Futures are down in premarket trading on Tuesday, reflecting data on German inflation, the Chinese trade balance and awaiting corporate earnings. By 07:22 AM, Dow Jones futures (DOWI:DJI) were down 234 points, or 0.66%. S&P 500 futures were down 0.71%, while Nasdaq-100 futures were down 0.77%. The 10-year Treasury yield was at 3.99%. In Germany,…

  • North American Morning Briefing: Sentiment Hit by Weak China Data

    North American Morning Briefing: Sentiment Hit by Weak China Data

    Market Wraps Watch For: Trade for June; Canada Trade for June; Fedspeak from Patrick Harker and Thomas Barkin; Earnings from United Parcel Service, Eli Lilly Today’s Top Headlines/Must Reads: – New Lending by Mortgage REITs Has Dried Up – Surprise Stock-Market Rally Bulldozes Bearish Hedge Funds – Elon Musk Calls Cybertruck Tesla’s ‘Best Product Ever.’…

  • US Futures, European Stocks Fall

    US Futures, European Stocks Fall

    In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Quilter rose 8.3% and Banco BPM climbed 2.4%. On the other…

  • U.S. Stocks Rebound After Recent Losses, Close On Firm Note

    U.S. Stocks Rebound After Recent Losses, Close On Firm Note

    U.S. stocks closed on a firm note on Monday, recovering well after recent sharp losses, as investors looked ahead to more earnings updates and data on U.S. consumer and producer price inflation, due later in the week. The major averages all closed higher. The Dow settled at 35,473.13, gaining 407.51 points or 1.16 percent, the…

  • Monday’s Wall Street Highlights: Berkshire Hathaway, Tesla, BP, Yellow, UBS and more

    Monday’s Wall Street Highlights: Berkshire Hathaway, Tesla, BP, Yellow, UBS and more

    US index futures rose in premarket trading on Monday, as investors looked ahead to earnings and the inflation index later in the week. European markets, on the other hand, are operating in decline impacted by weak industrial data in Germany. By 6:57 AM, Dow Jones (DOWI:DJI) futures were up 45 points, or 0.13%. S&P 500 futures were up…

  • North American Morning Briefing: Investors Await Key Inflation Data This Week

    North American Morning Briefing: Investors Await Key Inflation Data This Week

    Market Wraps Watch For: Federal Reserve Governor Michelle Bowman and FRB Atlanta President Raphael Bostic speak at Fed Listens event; financial markets in Canada closed Today’s Top Headlines/Must Reads: – Buckle Up for Another Round of Inflation Data – A Real-Estate Haven Turns Perilous With Roughly $1 Trillion Coming Due – Stocks for the Short…

  • US Futures Rise, European Stocks Mixed

    US Futures Rise, European Stocks Mixed

    In the U.S. futures for the S&P 500 were up 0.5% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Scout24 climbed 8.9% and CTS Eventim rose 7%. On the other…