Category: Market Summary
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Five key market events investors should follow this week
U.S. inflation and retail sales figures are set to dominate the economic calendar this week as investors assess the health of the world’s largest economy against a backdrop of persistent uncertainty surrounding the Middle East conflict. Corporate earnings will also remain in focus, with Cisco Systems (NASDAQ:CSCO) among the most prominent companies scheduled to report…
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Iran demands, Berkshire Hathaway results and U.S. inflation shape market sentiment: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures were mixed but generally positive on Monday as investors weighed diminishing prospects for a rapid resolution to the Iran conflict against expectations for important U.S. inflation data later this week. Markets were also digesting Berkshire Hathaway’s (NYSE:BRK.B) latest results, which showed new chief executive Greg Abel beginning to deploy more of the…
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Weak July Jobs Report Eases Rate Fears as S&P 500 Sets a Record
Wall Street ended the week on a strong note Friday, with all three major indexes closing higher after a surprisingly weak July jobs report convinced investors that the Federal Reserve is unlikely to raise interest rates any time soon. The Labor Department said the economy lost 23,000 jobs in July, while the unemployment rate held…
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U.S. Stocks Poised for Higher Open as Weak Jobs Report Boosts Rate Cut Hopes: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a stronger open on Friday after a weaker-than-expected July employment report eased concerns that the Federal Reserve could raise interest rates again in the near term. Futures accelerated higher following the release of the latest Labor Department data, with investors interpreting the softer labour market figures as reducing the likelihood…
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US Jobs Report in Focus as Middle East Tensions and Corporate News Shape Markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
US stock futures traded close to unchanged on Friday as investors awaited the latest employment data, a key release that could influence the Federal Reserve’s next interest rate decision. Markets were also monitoring renewed geopolitical tensions in the Middle East following a fresh Houthi attack on Saudi Arabia, while reports suggested Iran and Oman are…
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Dow Slips From Record as Rising Yields and Oil Weigh on Wall Street
Stocks pulled back on Thursday, with the Dow Jones Industrial Average leading the retreat as climbing Treasury yields, firmer oil prices, and a heavy run of corporate earnings gave investors reason to lock in some profits. The blue-chip index slipped from the record territory it reached earlier in the week, snapping a five-day winning streak,…
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Wall Street futures signal muted start as investors await U.S. jobs report: Dow Jones, S&P, Nasdaq
U.S. stock futures were little changed ahead of Thursday’s opening bell, pointing to another cautious session as investors looked ahead to Friday’s closely watched employment report for fresh clues on the Federal Reserve’s next policy move. Markets are expected to remain rangebound as traders avoid taking large positions before the release of July’s non-farm payrolls…
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AI momentum stocks retreat as earnings season sparks technology selloff
Technology shares linked to the artificial intelligence boom came under renewed pressure on Thursday, as another wave of corporate earnings prompted investors to take profits from some of the market’s biggest winners. The weakness spread across Asia before carrying into U.S. premarket trading, where several high-profile AI-related names extended recent declines. Storage stocks lead premarket…
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US futures steady as Iran negotiations, earnings and economic data dominate attention: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures traded with little direction on Thursday as investors monitored diplomatic developments involving Iran, assessed another round of corporate earnings and looked ahead to key labour market data due later this week. At 01:17 ET (05:17 GMT), Dow Jones futures were up 122 points, or 0.2%, while S&P 500 futures also gained…
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Dow Closes at Fresh Record as Healthcare Gains Offset an AI-Led Tech Retreat
U.S. stocks split down the middle on Wednesday as a rotation out of high-flying technology names met strength in healthcare and consumer stocks. The Dow Jones Industrial Average pushed to another all-time closing high, but the tech-heavy Nasdaq Composite slipped as chipmakers came under renewed pressure. The story of the day was earnings season: strong…