Category: Market Summary
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U.S. Stocks Close On Strong Note; Nasdaq Outperforms
U.S. stocks closed on a bright note on Friday, firmly holding their gains after a positive start. Some encouraging earnings updates from top tech firms and data showing a slowdown in the annual rate of growth in consumer prices in the month of June aided sentiment. Easing worries about interest rates following the Federal Reserve…
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Friday’s Wall Street Highlights: AMD, Intel, First Solar, Sleep Number, Roku, P&G, and more
US Index Futures rose in premarket trading on Friday after last night’s earnings and on the lookout for indicators. European markets operate without a defined direction reflecting the most recent releases of GDPs in the region, and with an eye on the economic policy of the Bank of Japan. By 7:08 AM, Dow Jones (DOWI:DJI) futures were…
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North American Morning Briefing: Key Inflation Gauges on Tap
Market Wraps Watch For: Personal Income and Outlays; Employment Cost Index; University of Michigan Final Consumer Survey for July; Canadian GDP; earnings from Chevron, Exxon Mobil, Procter & Gamble Today’s Headlines/Must Reads – Banks Are Halting Stock Buybacks Again as New Capital Rules Loom – China’s Housing Troubles Derail a Developer’s Comeback – Facebook Bowed…
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US Futures Up, European Stocks Mixed as Investors Digest Central Bank Decisions
In the U.S. futures for the S&P 500 were up 0.5% and futures for the Dow Jones Industrial Average increased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.3% in morning trading. Polymetal International rose 12.1% and ams-OSRAM added 12%. On the other…
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U.S. Stocks Show Significant Downturn As Upbeat Data Raises Interest Rate Concerns
After showing a strong move to the upside early in the session, stocks showed a significant downturn over the course of the trading day on Thursday. The major averages pulled back well off their best levels of the day and into negative territory. The tech-heavy Nasdaq fell 77.17 points or 0.6 percent to 14,050.11 after…
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Thursday’s Wall Street Highlights: Salesforce, Mattel, Shell, Meta, McDonald’s, and more
US Index Futures rose on Wednesday morning, buoyed by quarterly results and awaiting Gross Domestic Product (GDP) data. European markets also operate high on Thursday, a day after the Federal Reserve raised interest rates in the United States and awaiting the decision of the European Central Bank (ECB). By 6:58 AM, Dow Jones (DOWI:DJI) futures were up…
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North American Morning Briefing: Stock Futures Rise on Fed Hopes, Meta Boost
Market Wraps Watch For: Durable Good for June; Weekly Jobless Claims; Advance Estimate for GDP 2Q; earnings from AbbVie, Bristol Myers Squibb, Comcast, Ford, Honeywell, Intel, Mastercard, McDonald’s, Mondelez, Royal Caribbean, T-Mobile Today’s Headlines/Must Reads – What Fed Hikes? Much of America’s Consumer Debt Is Still Riding Ultralow Rates – The Economy Has Defied Expectations.…
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US Futures, European Stocks Mixed With ECB Outlook in Focus
In the U.S. futures for the S&P 500 were up 0.3% 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 0.4% in morning trading. Inchcape rose 11.3% and SEB added 7.8%. On the other hand, Teleperformance…
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U.S. Stocks Close Little Changed Following Post-Fed Volatility
Stocks saw typically volatility following the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. The major averages showed wild swings before ending the day narrowly mixed. While the Dow rose 82.05 points or 0.2 percent to 35,520.12, extending its winning streak to 13 sessions, the S&P 500 edged down 0.71 points or less than…
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Wednesday’s Wall Street Highlights: Microsoft, Coca-Cola, Dish Network, UPS, PacWest and more
US Index Futures operate in decline this Wednesday, as well as European markets, reverberating results of large corporations and caution before the decision of monetary policy in the United States. By 6:52 AM, Dow Jones futures (DOWI:DJI) were down 73 points, or 0.21%. S&P 500 futures were down 0.17%, while Nasdaq-100 futures were down 0.30%. The 10-year…