Category: Market Summary

  • US Futures Flat, European Stocks Mixed As Markets Set to Track Corporate Earnings, US Data

    US Futures Flat, European Stocks Mixed As Markets Set to Track Corporate Earnings, US Data

    In the U.S. futures for the S&P 500 were flat 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. argenx climbed 31% and Dometic Group rose 11.3%. On the other hand, Tele2…

  • U.S. Stocks Move Mostly Higher, Extending Upward Trend

    U.S. Stocks Move Mostly Higher, Extending Upward Trend

    Following the strong upward move seen last week, stocks saw some further upside during trading on Monday. With the continued advance, the Nasdaq and the S&P 500 once again reached their best closing levels in over a year. The major averages pulled back off their best levels going into the close but remained in positive…

  • Monday’s Wall Street Highlights: Microsoft, Santander, Tesla, Chewy, and more

    Monday’s Wall Street Highlights: Microsoft, Santander, Tesla, Chewy, and more

    US Index Futures and European markets were lower on Monday morning after weaker data from China added to pressure for stimulus on the Asian giant. By 6:57 AM, Dow Jones (DOWI:DJI) futures were down 70 points, or -0.20%. S&P 500 futures were down -0.12%, while Nasdaq-100 futures were down -0.02%. The 10-year Treasury yield is at 3.781%. In…

  • North American Morning Briefing: Disappointing China Data Dents Sentiment

    North American Morning Briefing: Disappointing China Data Dents Sentiment

    Market Wraps Watch For: Canada Wholesale Trade for May Today’s Top Headlines/Must Reads: – Markets Appear Convinced the Fed Can Pull Off a Soft Landing – Economists Are Cutting Back Their Recession Expectations – Venture Firms Scale Back Megafunds in Strategy Shift – China PBOC Adds Liquidity at Unchanged Policy Rates Opening Call: Stock futures…

  • US Futures Flat, European Stocks Fall After Weak China Data

    US Futures Flat, European Stocks Fall After Weak China Data

    In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.4% in morning trading. MorphoSys added 4.5% and Bank of Ireland Group climbed 1.8%. On the…

  • U.S. Stocks Close Narrowly Mixed Following Recent Rally

    U.S. Stocks Close Narrowly Mixed Following Recent Rally

    Stocks extended their recent rally in early trading on Friday but gave back ground over the course of the session. The major averages pulled back off their highs of the session, with the Nasdaq and the S&P 500 dipping into negative territory. The major averages eventually ended the session narrowly mixed. While the Dow rose…

  • Friday’s Wall Street Highlights: JPMorgan Chase, Coinbase, UPS, Theseus Pharmaceuticals, and more

    Friday’s Wall Street Highlights: JPMorgan Chase, Coinbase, UPS, Theseus Pharmaceuticals, and more

    US Index Futures are mixed in premarket trading on Friday, with some correction from recent gains as investors await the start of earnings season in the United States. By 6:47 AM, Dow Jones futures (DOWI:DJI) rose 109 points, or 0.32%. S&P 500 futures were up 0.04%, while Nasdaq-100 futures fell -0.09%. The 10-year Treasury yield is at…

  • North American Morning Briefing: Bank Results in Focus

    North American Morning Briefing: Bank Results in Focus

    Market Wraps Watch For: University of Michigan Preliminary Consumer Survey for July; Earnings From JPMorgan Chase; Citigroup; Wells Fargo; BlackRock; UnitedHealth Today’s Top Headlines/Must Reads: – The Real Fed Debate This Month: What Would Prompt a Rate Hike This Fall – If You Find the Economy Confusing, Don’t Worry: It Is – Bob Iger Isn’t…

  • US Futures Fall, European Stocks Mixed as Markets Await Earnings Season

    US Futures Fall, European Stocks Mixed as Markets Await Earnings Season

    In the U.S. futures for the S&P 500 were down 0.1% 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 was flat in morning trading. Orkla added 4.4% and Dr. Martens climbed 3.7%. On the other…

  • U.S. Stocks Extend Upward Move On Additional Encouraging Inflation Data

    U.S. Stocks Extend Upward Move On Additional Encouraging Inflation Data

    Stocks moved mostly higher during trading on Thursday, adding to the gains posted over the past few sessions. With the continued upward move, the Nasdaq and the S&P 500 once again reached their best closing levels in over a year. The major averages gave back some ground going into the close but remained in positive…