Category: Market Summary

Market Wraps Watch For: Weekly Jobless Claims; Existing Home Sales for August; Leading Indicators for August; Canada New Housing Price Index; FedEx annual meeting Today’s Top Headlines/Must Reads: – Higher Interest Rates Not Just for Longer, but Maybe Forever – How U.S. Households Got Turned Upside Down by Higher Interest Rates – UAW Urges Automakers…

In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.7% in morning trading. JD Sports Fashion rose 6.2% and Next added 1.7%. On the…

With renewed concerns about the outlook for interest rates weighing on the markets, stocks moved mostly lower over the course of the trading session on Wednesday. The major averages spent much of the session on opposite sides of the unchanged but all came under pressure late in the trading day. The tech-heavy Nasdaq led the…

In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. Just Eat Takeaway.com rose 6.2% and Delivery Hero added 5.6%. On the other…

After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Tuesday but still closed modestly lower. The major averages all finished the day in the red, with the tech-heavy Nasdaq falling to its lowest closing level in almost a month. The major averages remained stuck…

Market Wraps Watch For: Housing Starts for August; Canada Consumer Price Index for August; Instacart IPO Today’s Top Headlines/Must Reads: – American Business Confidence in China Slumps to Lowest in Decades – UAW Strike Collides With Biden’s Manufacturing Agenda – Auto Loans Pass Student Loans in Consumer Debt Load, Fed Data Shows Opening Call: Stock…

In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Billerud rose 6.6% and Hargreaves Lansdown rose 3.8%. On the other hand, Kingfisher…

Following the volatility seen to close out the previous week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the session slightly higher. While the S&P 500 edged up 3.21 points or 0.1 percent…