Category: Market Summary
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US Futures Down, European Stocks Mixed Ahead of Fed Powell’s Remarks
In the U.S., futures for the S&P 500 were down 0.1% 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. Orpea rose 5.1% and Husqvarna Series B climbed 4.1%. On the…
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Profit Taking Contributes To Extended Pullback On Wall Street
After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Tuesday but still closed mostly lower. The major averages extended the pullback seen late in last Friday’s session. The major averages all finished the day in negative territory. The Dow slid 245.25 points or 0.7…
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Tuesday’s Wall Street Highlights: Airbus, Intel, Grab, Alibaba, FedEx and more
US Index Futures pull back on the return of yesterday’s US holiday. By 6:44 AM, Dow Jones futures (DOWI:DJI) was down 122 points, or 0.35%. S&P 500 futures were down 0.37%, while Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield was at 3.775%. On the international scene, China lowered its key interest rates to stimulate the economy. Producer…
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North American Morning Briefing: Stock Futures Slip as PBOC Underwhelms
Source: Dow Jones Newswires Watch For: Housing Starts for May; FedEx earnings; General Motors annual meeting Today’s Headlines/Must Reads – Stock-Market Rally Costs Bears $120 Billion – Wall Street Sours on America’s Downtowns – Why Inflation Around the World Just Won’t Go Away – Silicon Valley’s Newest Unicorn Is a Mining Company Opening Call: Stock…
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US Futures, European Stocks Down Ahead of BOE Decision
In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.4%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.3% in morning trading. Sanofi rose 2.8% and THG added 2.6%. On the other hand,…
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U.S. Stocks Give Back Ground But Hold On To Strong Gains For The Week
Stocks turned in a lackluster performance throughout much of the trading session on Friday before coming under pressure in the latter part of the session. The major averages all moved to the downside, with the tech-heavy Nasdaq leading the way lower. The major averages finished the session just off their worst levels of the day.…
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…
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US Futures Down, European Stocks Rise Following Hawkish Fed and ECB
In the U.S. futures for the S&P 500 were down 0.1% 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 gained 0.1% in morning trading. Orpea rose 11.4% and MorphoSys climbed 11.3%. On the other hand,…
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U.S. Stocks Rally As Economic Data Eases Interest Rate Concerns
Following the mixed performance seen in the previous session, stocks moved sharply higher over the course of the trading day on Thursday. The Nasdaq and S&P 500 once again reached their best closing levels in over a year, while the Dow set to a six-month closing high. The major averages pulled back off their highs…
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Thursday’s Wall Street Highlights: Adobe, MicroVision, XPeng, Tesla, Citigroup and More
US Index Futures are operating at lows, still under the effect of signals from the Federal Reserve yesterday that new interest rate hikes are yet to come, and before the decision of the European Central Bank for the interest rate in the Euro Zone. By 7:00 AM, Dow Jones futures (DOWI:DJI) was down 73 points,…