Category: Market Summary
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North American Morning Briefing: Stock Futures Struggle as Fed Awaited
Market Wraps Watch For: New Home Sales for June; EIA Weekly Petroleum Status Report; Fed interest rate decision; earnings from AT&T, Boeing, Coca-Cola, Meta Platforms Today’s Headlines/Must Reads – Should Fed Stick to Script With Rate Hike as Inflation Wanes? – Biotech Stocks Join AI-Fueled Rally – Google and Microsoft Paying Big to Play in…
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US Futures Mixed, European Stocks Mostly Down as Market Awaits Fed Decision
In the U.S., futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.2% in morning trading. Polymetal International added 23.3% and Rolls-Royce Holdings rose 23%. On the other…
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Dow Closes Higher For Twelfth Straight Session On Upbeat Earnings
Stocks fluctuated over the course of the trading day on Tuesday but largely maintained a positive bias throughout the session. While the tech-heavy Nasdaq outperformed its counterparts, the Dow managed to close higher for the twelfth straight session. The Nasdaq climbed 85.69 points or 0.6 percent to 14,144.56 and the S&P 500 rose 12.82 points…
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US Futures, European Stocks Mixed Ahead of Central Bank Meetings
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 was flat in morning trading. Orpea rose 15.2% and Polymetal International climbed 12%. On the other hand,…
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U.S. Stocks Move Mostly Higher, Dow Extends Winning Streak
After ending last Friday’s trading narrowly mixed, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside, with the Dow once again reaching its best closing level in well over a year. The major averages gave back some ground going into the close but remained in positive territory. The…
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Monday’s Wall Street Highlights: Chevron, AMC, Posco Holdings, Philips, and more
US Index Futures are up in premarket trading on Monday, awaiting for economic activity data and the Federal Reserve’s decision this week. European markets also operate higher with investors digesting lower-than-expected results and waiting for the release of interest rates by the European Central Bank (ECB). By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 30…
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North American Morning Briefing: Investors Primed This Week For Fed, More Heavyweight Earnings
Market Wraps Watch For: Chicago Fed National Activity Index; Flash Manufacturing, Services PMI; earnings from Domino’s Pizza, Logitech, Whirlpool Today’s Headlines/Must Reads – Why the Fed Isn’t Ready to Declare Victory on Inflation – The Inflation Giant Has Awakened. Why Price Growth Will Persist – The Tech Rally’s Next Big Test Is Earnings – Why…
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US Futures Rise, European Stocks Fall as Market Awaits Central-Bank Decisions
In the U.S. futures for the S&P 500 were up 0.1% 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 fell 0.3% in morning trading. Ocado Group added 10.7% and Julius Baer Gruppe climbed 4.5%. On…
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U.S. Stocks Close Little Changed Following Lackluster Session
Following the mixed performance seen during Thursday’s session, stocks showed a lack of direction throughout much of the trading day on Friday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day narrowly mixed. While the Nasdaq slipped 30.50 points or 0.2 percent to…
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US Futures Rise, European Stocks Mixed
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average increased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Viaplay Group Series B climbed 28% and Wartsila rose 13%. On…