Category: Market Summary
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Wednesday’s Wall Street Highlights: Intel, VinFast, Coherent, DLocal, Nu, Target, and more
US index futures were broadly flat in premarket trading on Wednesday as traders await indicators such as Federal Reserve minutes and industrial production. By 6:53 AM, Dow Jones futures (DOWI:DJI) were up 3 points, or 0.01%. S&P 500 futures were up 0.01% and Nasdaq-100 futures were up 0.06%. The 10-year Treasury yield was at 4.186%. On Wednesday’s…
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North American Morning Briefing: Stock Futures Firmer Ahead of Fed Minutes
Market Wraps Watch For: Housing Starts for July; Industrial Production for July; FOMC meeting minutes published; Canada Housing Starts for July; EIA Weekly Petroleum Status Report; Earnings from Cisco, Target, TJX, Synposys Today’s Top Headlines/Must Reads: – Is It Time to Worry About Consumer Debt? What Is Going on in Seven Charts – Intel Scraps…
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US Futures Rise, European Stocks Fall as Strong US Retail Sales Stoke Cautious Sentiment
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Admiral Group rose 5.1% and Glanbia climbed 4.3%. On the other…
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U.S. Stocks Close Notably Lower As Rate Hike Concerns, China Growth Worries Weigh
After a gap down opening and a subsequent fall to lower levels, U.S. stocks languished in the red right through the day’s session and eventually ended on a weak note on Tuesday. Rising worries about the health of China’s economy, and concerns about U.S. interest rate after data showed a bigger than expected increase in…
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Tuesday’s Wall Street Highlights: Delcath Systems, Getty Images, Home Depot, Berkshire Hathaway, and more
US index futures are falling in pre-market this Tuesday, reverberating weak data in China and Europe, casting doubt on the world economy. By 6:48 AM, Dow Jones futures (DOWI:DJI) were down 236 points, or 0.67%. S&P 500 futures were down 0.62% and Nasdaq-100 futures were down 0.61%. The 10-year Treasury yield was at 4.233%. In Tuesday’s economic…
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North American Morning Briefing: China Angst Rattles Global Risk Appetite
Market Wraps Watch For: Retail Sales for July; Canada CPI for July; Earnings from Home Depot Today’s Top Headlines/Must Reads: – China Slashes Rates, Suspends Youth Jobless Data – Russia Imposes Emergency Interest-Rate Rise to Halt Ruble Selloff – Wall Street Is Ready to Scoop Up Commercial Real Estate on the Cheap Opening Call: Stock…
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US Futures Flat, European Stocks Mixed With China Data in Focus
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 was flat in morning trading. Marks & Spencer Group added 7.6% and Tecan Group rose 7.4%. On…
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U.S. Stocks Close Higher On Bargain Hunting; Nasdaq Outperforms
After turning in a mixed performance on Friday, U.S. stocks climbed higher on Monday, riding on the strength of technology shares. Bargain hunting contributed a bit to market’s uptick today. Activity in the market was somewhat subdued due to a lack of major U.S. economic data. Reports on import and export prices, retail sales, industrial…
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Monday’s Wall Street Highlights: US Steel, Tesla, Nikola, AMC Entertainment, and more
US index futures are up in premarket trading on Monday, signaling a recovery after the previous week’s falls, which were influenced by fears related to inflation and interest rates in the global scenario. By 6:47 AM, Dow Jones futures (DOWI:DJI) were up 88 points, or 0.25%. S&P 500 futures were up 0.29% and Nasdaq-100 futures were…
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North American Morning Briefing: Stock Futures Firmer Despite More China Stress
Market Wraps Watch For: Earnings from Suncor Energy, Getty Images, Rumble Today’s Top Headlines/Must Reads: – China’s Deepening Housing Problems Spook Investors – The Economic Losers in the New World Order – U.S. Steel Rejects Offer From Cleveland-Cliffs – China’s Worsening Economy Is Hurting Corporate America Opening Call: Stock futures were higher on Monday, despite…