Category: Market Summary
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Hasbro Job Cuts, Oracle’s Stock Decline, Google’s Epic Antitrust Loss, and More
U.S. index futures were slightly up in pre-market trading this Tuesday, focusing on consumer inflation and the Federal Reserve meeting. Expectations for rate cuts by the Fed next year have decreased, with the markets foreseeing a 45% chance of a cut in March, down from 57% the previous week, according to the CME FedWatch tool.…
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US Futures, European Stocks Rise Ahead of Economic Data Releases
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures don’t necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Carl Zeiss Meditec rose 7.8% and Intl Distribution Svcs added 4.5%. The FTSE 100…
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U.S. Stocks Finish Light Trading Day Moderately Higher
Stocks turned in a relatively lackluster performance during trading on Monday but managed to end the day moderately higher. With the upward move, the major averages once again finished the session at their best closing level in well over two years. The major averages closed just off their highs of the session. The Dow climbed…
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$5.8 Billion Offer for Macy’s, Cigna Ends Acquisition Negotiations, and More
U.S. index futures were slightly down in pre-market trading this Monday, in a week marked by monetary policy decisions, the last meeting of the Federal Reserve of 2023. The yield on 10-year Treasury bonds was at 4.254%. In the commodities market, West Texas Intermediate crude oil for January fell 0.67% to $70.75 per barrel. Brent…
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US Futures Edge Down, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. MorphoSys rose 12.5% and Uniper climbed 10%. On the other hand, THG dropped…
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U.S. Stocks Close Mostly Higher Following Early Volatility
Stocks fluctuated early in the trading day on Friday but moved mostly higher over the course of the session. The major averages added to the gains posted during Thursday’s session, reaching their highest closing levels in well over a year. The major averages reached new highs late in the session but gave back some ground…
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Apple Boosts Vietnam Production, Broadcom Revenue Miss, Stellantis Job Cuts – Latest Updates
U.S. index futures showed minimal changes in the pre-market this Friday, as investors maintained a cautious stance while awaiting the release of a crucial report on employment in the U.S. As of 06:01 AM, Dow Jones futures (DOWI:DJI) rose by 28 points, or 0.08%. S&P 500 futures increased by 0.06%, and Nasdaq-100 futures fell by…
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US Futures Drop, European Stocks Rise Ahead of US Jobs Report
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Viaplay Group Series B added 15.3% and J Sainsbury climbed 3.1%. On the…
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U.S. Stocks Move Mostly Higher Ahead Of Monthly Jobs Report
After moving mostly higher early in the session, stocks continued to turn in a strong performance throughout much of the trading day on Thursday. The major averages moved back to the upside following the downturn seen on Wednesday, with the tech-heavy Nasdaq leading the rebound. The Nasdaq jumped 193.28 points or 1.4 percent to 14,339.99,…
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Alphabet Unveils Advanced AI Model, AMD Expects $45 Billion AI Market, Chevron’s $19.5B Investment Plans, BMY Increases Dividend, and More
U.S. index futures are mixed in Thursday’s pre-market trading, following a three-day losing streak for the S&P 500 and the Dow Jones. At 05:17 AM, Dow Jones futures (DOWI:DJI) fell 80 points, or 0.22%. S&P 500 futures dropped 0.04%, while Nasdaq-100 futures rose 0.18%. The yield on 10-year Treasury bonds was at 4.146%. In the…