Category: Market Summary
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US Futures Flat, European Stocks Decline as Data Eyed
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 declined 0.2% in morning trading. Viaplay Group Series B rose 9.1% and THG added 2.3%. On the other hand,…
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U.S. Stocks Fail To Hold Early Gains, Close On Weak Note
After a positive start, stocks gave up their gains and moved along the flat line till around mid afternoon on Wednesday before drifting lower to end the day’s session on a weak note. The major averages all ended modestly lower. The Dow, which advanced to 36,292.58 in early trades, settled at 36,054.43, losing 70.13 points…
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Mastercard Boosts Buyback and Dividends, Bill Holdings Cuts Jobs, BOX, Asana, MongoDB Dip in Pre-Market, and Latest News
U.S. index futures are slightly up in Wednesday’s pre-market, with investors awaiting new employment data, and the Dow and S&P 500 recovering part of the drop from the last two days. At 5:53 AM, Dow Jones futures (DOWI:DJI) rose 47 points, or 0.13%. S&P 500 futures rose 0.26% and Nasdaq-100 futures increased by 0.37%. The…
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US Futures, European Stocks Edge Up
U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.3% in morning trading. TUI rose 6.6% and Idorsia added 6.6%. On the other hand, Merck slipped…
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Major Averages Finish Lackluster Session Narrowly Mixed
After recovering from an initial move to the downside, stocks showed a lack of direction over the course of the trading session on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line before closing narrowly mixed. While the tech-heavy Nasdaq rose 44.42 points or 0.3 percent to 14,229.91, the…
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Moody’s Reassesses China, GitLab Exceeds Estimates, Twilio Plans Major Layoffs, and More
U.S. index futures are falling in the pre-market on Tuesday as investors eagerly await the first in a series of labor data. These numbers are likely to influence the atmosphere surrounding the Federal Reserve meeting scheduled for next week. At 05:20 AM, Dow Jones futures (DOWI:DJI) dropped 64 points, or 0.18%. S&P 500 futures declined…
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US Futures Slip, European Stocks Mixed Ahead of Economic Data
U.S. futures for the S&P 500 were down 0.2% 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 was flat in morning trading. Ericsson B rose 8.7% and ams-OSRAM climbed 5%. On the other hand, Nokia…
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U.S. Stocks Finish The Day In The Red But Well Off Early Lows
Stocks showed a notable move to the downside in early trading on Monday, giving back ground after turning in a strong performance last Friday. The major averages subsequently climbed well off their worst levels but still ended the day in negative territory. The Nasdaq slid 119.54 points or 0.8 percent to 14,185.49 and the S&P…
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Alaska Air Acquires Hawaiian Holdings, Spotify Cuts 1,500 Jobs, Uber’s S&P 500 Entry, and More
U.S. index futures are down in Monday’s pre-market trading, reversing some of last week’s gains. This comes amidst growing bets that the Federal Reserve will keep interest rates unchanged at the upcoming monetary policy meeting and initiate a decline next year. Despite efforts by Fed Chairman Jerome Powell to discourage expectations of rate cuts, stating…
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US Futures Slip, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.1% in morning trading. alstria office REIT rose 7.9% and Rolls-Royce Holdings added 3.6%. On the other…