Category: Market Summary
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US Futures Flat, European Stocks Rise as Economic Outlook Concerns Ease
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading. Assicurazioni Generali rose 4.6% and Just Eat Takeaway.com rose 3.3%. On the…
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Easing Consumer Price Inflation Data Contributes To Rally On Wall Street
Stocks moved sharply higher during trading on Friday, adding to the gains posted in Thursday’s session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the advance. The major averages pulled back off their best levels going into the close but held on to strong gains. The Nasdaq…
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Friday’s Wall Street Highlights: Tesla, Nike, ASML, Apple and more
US Index Futures showed gains on Friday, which marks the close of the second quarter. Traders are watching data on personal consumption spending, a leading indicator used by the Federal Reserve to gauge inflation. In addition, a battery of economic data in Europe encouraged investors, showing resilience in activity and inflation on a downward trajectory. By 6:56…
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North American Morning Briefing: Stock Futures Higher as Investors Await Inflation Data
Market Wraps Watch For: Personal Income and Outlays for May; Chicago Business Barometer-ISM-Chicago Business Survey-Chicago PMI for June; University of Michigan Final Consumer Survey for June; Canada GDP for April Today’s Top Headlines/Must Reads: – Consumer Spending Streak Seen Extending Into May – Banks Brace for More Turmoil Heading Into the Third Quarter – New…
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US Futures Mixed, European Stocks Rise as U.S., Eurozone Inflation Data in Focus
In the U.S. futures for the S&P 500 were up 0.1% 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 gained 0.4% in morning trading. LEG Immobilien rose 6.5% and Kion Group climbed 5.2%. On the…
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U.S. Stocks Finish Lackluster Session Mostly Higher
Following the mixed performance seen in the previous session, stocks once again turned in a relatively lackluster performance throughout much of the trading day on Thursday but managed to close mostly higher. The Dow showed a notable advance, with the blue chip index climbing 269.76 points or 0.8 percent to 34,122.42 amid strong gains by…
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Thursday’s Wall Street Highlights: Apple, BlackBerry, Joby Aviation, Virgin Galactic and More
US Index Futures rose on Thursday, with shares of microchip makers higher in premarket. Other markets operated without direction this morning, Asian stocks closed generally in the red and European stocks registered slight gains, driven by shares of the public utilities, technology and banking sectors. By 07:01 AM, Dow Jones (DOWI:DJI) futures are up 101 points, or…
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North American Morning Briefing: Claims Data, GDP Revision Eyed for More Clues on the Economy
Market Wraps Watch For: 1Q GDP Third Estimate; Weekly Jobless Claims; Jerome Powell participates in a discussion with Bank of Spain Governor at a conference on financial stability; Nike results Today’s Headlines/Must Reads – Jerome Powell Says Bank Failures Underscore Need for Stronger Regulation, Supervision – U.S. Companies Face EU Deforestation Rules on Coffee, Wood…
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US Futures Flat, European Stocks Mixed as Investors Assess Central Banks’ Comments
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures don’t necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. H&M Hennes & Mauritz B added 10.6% and Ipsen rose 5%. On the…
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U.S. Stocks Close Mixed Following Lackluster Session
After an early move to the downside, stocks turned in a relatively lackluster performance over the course of the trading session on Wednesday. The major averages bounced back and forth across the unchanged line before closing mixed. While the Nasdaq pulled back well off its best levels of the day, the tech-heavy index still closed…