Category: Market Summary

  • U.S. Finish Volatile Session In The Red After Jobs Report

    U.S. Finish Volatile Session In The Red After Jobs Report

    Stocks saw substantial volatility during trading on Friday, as traders digested the Labor Department’s closely watched monthly jobs report. The major averages spent the day showing wild swings back and forth across the unchanged line. The major averages eventually finished the day in negative territory. The Dow fell 150.27 points or 0.4 percent to 35,065.62,…

  • Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more

    Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more

    US index futures are higher on Friday, buoyed by quarterly results and anticipation of the US employment report. By 6:59 AM, Dow Jones (DOWI:DJI) futures were up 5 points, or 0.01%. S&P 500 futures were up 0.18%, while Nasdaq-100 futures were up 0.31%. The 10-year Treasury yield was at 4.186%. Retail sales in the euro zone had a…

  • North American Morning Briefing: Stocks Seen Higher But Jobs Report to Drive Direction

    North American Morning Briefing: Stocks Seen Higher But Jobs Report to Drive Direction

    Market Wraps Watch For: Employment Report for July; Canada Labour Force Survey for July; earnings from Enbridge Today’s Headlines/Must Reads – Hiring Has Stayed Strong. Here’s Where to Look for Signs of Cooling – Stocks Have Had a Great Year. Cue the September Effect – Amazon Shines During Apple’s Off-Season – China Has Become a…

  • US Futures Up, European Stocks Mixed Ahead of US Jobs Data

    US Futures Up, European Stocks Mixed Ahead of US Jobs Data

    In the U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Credit Agricole rose 4% and Viaplay Group Series B rose 2.7%.…

  • Apple Sees Third Straight Quarter of Falling Sales, Amazon Delivers Surprisingly Strong Profit

    Apple Sees Third Straight Quarter of Falling Sales, Amazon Delivers Surprisingly Strong Profit

    Wells Fargo, SocGen to Settle With SEC, CFTC Over Use of Messaging Apps Truist Financial also disclosed this week that some of its subsidiaries have received requests for information from regulators related to compliance with record-keeping requirements. Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record Sales of iPhones missed analyst…

  • U.S. Stocks Close Modestly Lower Ahead Of Jobs Report

    U.S. Stocks Close Modestly Lower Ahead Of Jobs Report

    After an early move to the downside, stocks fluctuated over the course of the trading session on Thursday. The major averages bounced back and forth across the unchanged line before closing modestly lower. The Dow slipped 66.63 points or 0.2 percent to 35,215.89, the Nasdaq edged down 13.73 points or 0.1 percent to 13,959.72 and…

  • Thursday’s Wall Street Highlights: Anheuser-Busch InBev, Apple, Hasbro, Sunrun and more

    Thursday’s Wall Street Highlights: Anheuser-Busch InBev, Apple, Hasbro, Sunrun and more

    US index futures are lower on Thursday as Fitch’s credit rating downgrade is still reverberating through markets, with investors cautious amid global economic and political uncertainties. The market watches economic indicators in Europe, corporate results and the interest rate decision in England. By 7:00 AM, Dow Jones futures (DOWI:DJI) were down 55 points, or 0.16%. S&P 500…

  • North American Morning Briefing: Stocks Face Fresh Losses; Apple, Amazon Earnings Eyed

    North American Morning Briefing: Stocks Face Fresh Losses; Apple, Amazon Earnings Eyed

    Market Wraps Watch For: Preliminary Productivity and Costs; ADP National Employment Report; Weekly Jobless Claims; Factory Orders; Canada Official International Reserves; earnings from Amazon.com, Apple, Hasbro, Kellogg, Moderna Today’s Headlines/Must Reads – Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev – Fitch Downgrade Won’t Break Washington’s Tax, Spending Habits – California Law…

  • US Futures, European Stocks Down

    US Futures, European Stocks Down

    In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.6% in morning trading. United Internet added 3.9% and Teleperformance rose 3.6%. On the other…

  • U.S. Stocks Move Sharply Lower After Fitch Downgrades Credit Rating

    U.S. Stocks Move Sharply Lower After Fitch Downgrades Credit Rating

    After ending Tuesday’s session modestly lower, stocks showed a more substantial move to the downside during trading on Wednesday. The tech-heavy Nasdaq led the sell-off, while the Dow pulled back off its best closing level in well over a year. The major averages climbed off their worst levels going into the close but remained sharply…