Category: Market Summary
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Dow, S&P 500 See Further Downside But Nasdaq Regains Ground
After moving sharply lower over the two previous sessions, the major U.S. stock indexes turned in a mixed performance during trading on Friday. While the Dow and the S&P 500 extended the recent downward move, the tech-heavy Nasdaq managed to regain some ground. The Nasdaq pulled back well off its best levels of the day…
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Friday’s Wall Street Highlights: Enphase Energy, GM, Intel, Sanofi, Masimo, and more
US index futures are up on Friday, with Wall Street looking for a rebound after recent declines. Investors are keeping an eye on quarterly results from major oil companies such as Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX). In addition, Amazon (NASDAQ:AMZN) and Intel (NASDAQ:INTC) boosted technology stocks with their strong results. At 06:49 AM, Dow…
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North American Morning Briefing: Amazon, Intel Numbers Lift Stock Futures
Market Wraps Watch For: Personal Income and Outlays, University of Michigan Final Consumer Survey, earnings from American Express, Chevron, Colgate-Palmolive, Exxon Mobil, Phillips 66 Today’s Headlines/Must Reads – Inflation Trends Likely to Keep Fed Rate-Hike Pause on Track – Investors Like New York Subways. San Francisco’s BART? Not So Much – Apple Faces Potential Watch…
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US Futures Rise, European Stocks Slip
U.S. futures for the S&P 500 were up 0.4% 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 fell 0.2% in morning trading. Signify added 13.2% and Ubisoft Entertainment rose 8%. On the other hand, NatWest…
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U.S. Stocks Tumble To Five-Month Lows Following Strong Economic Data
Stocks moved notably lower over the course of the trading day on Thursday, extending the sharp pullback seen during Wednesday’s session. With the continued weakness, the major averages fell to their lowest closing levels in five months. The major averages staged a recovery attempt in the latter part of the session but moved back to…
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Thursday’s Wall Street Highlights: Ford, Morgan Stanley, Align Technology, Endeavor, and more
US index futures are declining in pre-market trading this Thursday, primarily due to investors’ negative reaction to companies reporting results below expectations. Meta (NASDAQ:META) saw a 2.8% drop in pre-market trading, citing an uncertain economic environment as the reason, while Alphabet (NASDAQ:GOOGL) lost 1.7% due to disappointing cloud-related numbers. Amazon (NASDAQ:AMZN), which will release results…
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North American Morning Briefing: Nasdaq Futures Retreat as Meta Pulls Back Further
Market Wraps Watch For: Durable Goods, Weekly Jobless Claims, Advance Estimate GDP, EIA Weekly Natural Gas Storage Report, earnings from Altria, Amazon.com, Bristol Myers Squibb, Comcast, Ford, Honeywell, Intel, Mastercard, Merck, Southwest Airlines, UPS Today’s Headlines/Must Reads – Ford Reaches Tentative Labor Deal With UAW Six Weeks Into Historic Strike – What to Watch For…
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US Futures Down, European Stocks Mixed Ahead of ECB Rate Decision
U.S. futures for the S&P 500 were down 0.8% and futures for the Dow Jones Industrial Average declined 0.4%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 1.1% in morning trading. Deutsche Bank rose 8.2% and Sodexo climbed 6.7%. On the other hand, Standard…
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U.S. Stocks Move Sharply Lower, Nasdaq Tumbles To Five-Month Closing Low
Stocks managed to finish Tuesday’s session mostly higher but showed a substantial move back to the downside during trading on Wednesday. The tech-heavy Nasdaq led the pullback, plunging to a five-month closing low. The Nasdaq tumbled 318.65 points or 2.4 percent to 12,821.22, reflecting its worst day since February. The S&P 500 also slumped 60.91…
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Wednesday’s Wall Street Highlights: Qualcomm, Alphabet, Microsoft, GM, SunPower, and More
US index futures are mixed in Wednesday’s pre-market, influenced by the quarterly results of Microsoft and Alphabet, which set the stage for other major technology companies yet to report their results this week. At 06:51 AM, Dow Jones futures (DOWI:DJI) rose by 39 points, or 0.12%. S&P 500 futures fell by 0.35%, and Nasdaq-100 futures…