Category: Market Summary
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Wall Street Highlights on Friday: Import Prices, First Solar, Tesla, Meta and more
The US Index Futures operate with high, after four consecutive falls of the Dow Jones and S&P 500, when fears of recession returned to the investors’ radar. Market players fear that weaker inflation figures, along with rising jobless claims, the banking crisis and the US debt impasse could lead to an economic slowdown in the world’s…
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North American Morning Briefing: Hopes of Easing US-China Tensions to Lift Mood
Market Wraps Watch For: Import Prices for April; World Agricultural Supply & Demand Estimates; Canada New Motor Vehicle Sales for March Today’s Headlines/Must Reads – Decline in PacWest Stock Indicates Bank Fears Persist – White House Debt-Ceiling Meeting Postponed – U.S., China Senior Officials Meet in Tentative Effort to Restart Ties – Stop Equating Latest…
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US Futures, European Stocks Rise
In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 grew 0.4% in morning trading. Scor SE added 7.4% and Richemont rose 4.9%. On the other…
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Nasdaq Reaches Eight-Month Closing High But Dow Extends Losing Streak
Stocks came under pressure in early trading on Thursday but regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq reaching positive territory. The Nasdaq rose 22.06 points or 0.2 percent to 12,328.51, its best closing level in over eight months.…
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Thursday’s Wall Street Highlights: PPI, Disney, Robinhood, Unity Software, Shell and more
US Index Futures were mixed with investors saying the Federal Reserve is likely to halt interest rate hikes due to inflation data cooling, as investors look further into economic data, the Producer Price Index and Initial jobless claims. By 8:40 AM, Dow Jones futures were down 110 points, or 0.33%. S&P 500 futures were down 0.05%,…
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Futures Pointing To Mixed Open On Wall Street
US Market The major U.S. index futures are currently pointing to mixed open on Thursday, with the Dow futures down by 0.3 percent but the Nasdaq 100 futures up by 0.3 percent. A notable decline by shares of Disney (DIS) may weigh on the Dow, as the entertainment giant is tumbling by 5.8 percent in…
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North American Morning Briefing: Stock Futures Edge up with PPI Data Ahead
Market Wraps Watch For: PPI for April; Weekly Jobless Claims; speeches by Fed’s Kashkari, Waller Today’s Headlines/Must Reads – Yellen Doubts Biden Administration Can Avoid Default Without Congress – Biden, Republicans Dig In on Debt Ceiling – China’s Consumer Inflation Slows to Lowest in Two Years – Energy Stocks in Doldrums After Last Year’s Big…
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US Futures, European Stocks Rise
In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 rose 0.5% in morning trading. SalMar added 6.1% and Diploma PLC climbed 5.9%. On the other…
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Nasdaq Shows Strong Upward Move Following Inflation Data, Dow Posts Modest Loss
After failing to sustain an initial move to the upside, stocks fluctuated over the course of the trading session on Wednesday. While the tech-heavy Nasdaq maintained a positive bias throughout the session, the S&P 500 spent the day bouncing back and forth across the unchanged line. The Nasdaq eventually showed a strong upward move on…
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Wall Street Highlights for Wednesday: CPI, Airbnb, Twilio, Alphabet, Upstart and more
US Index Futures reversed higher after the latest inflation reading. Dow Jones futures were up 0.2%, while S&P 500 and Nasdaq-100 futures were up more than 0.3% each. The consumer price index, which measures the cost of a wide range of goods and services, rose 0.4% in April, despite more than a year of Federal Reserve…