Category: Market Summary
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US Futures, European Stocks Up Amid Hopes Fed Rate Rises Are Nearing End
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the UK market was closed. Other stocks in Europe were up. France’s CAC 40 increased 0.9% and Germany’s DAX climbed…
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U.S. Stocks Shrug Off Mid-morning Setback, Close On Firm Note
U.S. stocks started off on a firm note on Friday and despite suffering a setback around mid morning, recovered swiftly and stayed firm right till the end of the day’s session to finish on a strong note. Investors reacted positively to Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole Symposium. The major averages…
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US Futures Rise, European Stocks Mixed Ahead of Powell Speech
In the U.S. futures for the S&P 500 were up 0.1% 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 was flat in morning trading. Elekta Series B added 2.7% and Quilter rose 1.7%. On the…
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U.S. Stocks Pull Back Sharply As Interest Rate Concerns Overshadow Nvidia Earnings
After failing to sustain an initial move to the upside, stocks moved sharply lower over the course of the trading session on Thursday. The major averages all showed significant moves to the downside, with the tech-heavy Nasdaq leading the pullback. The major averages finished the day just off their lows of the session. The Nasdaq…
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Thursday’s Wall Street Highlights: Boeing, Nvidia, Guess, J&J, GM, and more
US index futures are higher in premarket trading on Thursday, reflecting chipmaker Nvidia’s strong results (NASDAQ:NVDA) yesterday and ahead of the Jackson Hole symposium in the US, which starts today and could provide clues about the interest path. By 6:46 AM, Dow Jones Futures (DOWI:DJI) fell 22 points, or 0.06%. S&P 500 futures were up 0.58%…
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US Futures Mixed, European Stocks Rise Ahead of Jackson Hole Meeting
In the U.S. futures for the S&P 500 were up 0.6% 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 gained 0.8% in morning trading. Aroundtown rose 4.4% and BE Semicon Industries climbed 3.7%. On the other…
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U.S. Stocks Move Sharply Higher Ahead Of Nvidia Earnings
Stocks moved sharply higher over the course of the trading day on Wednesday, with the major averages all moving to the upside after ending Tuesday’s session mixed. The Nasdaq led the charge amid a rally by technology stocks. The major averages pulled back off their best levels going into the close but remained firmly positive.…
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US Futures, European Stocks Rise as Focus Shifts to Powell Speech, Nvidia Earnings
In the U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.5% in morning trading. Roche Holding Part. Cert. added 4.1% and Rotork rose 3.2%. On…
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U.S. Stocks Turn In Lackluster Performance Following Yesterday’s Rebound
Following the rebound seen over the course of Monday’s session, stocks showed a lack of direction over the course of the trading day on Tuesday. The major averages spent most of the day bouncing back and forth across the unchanged line. The major averages eventually ended the day mixed. While the Nasdaq inched up 8.28…
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North American Morning Briefing: Stock Futures Gain Ground After Yields Stall
Market Wraps Watch For: Existing Home sales for July; Earnings from Lowe’s, Dicks Sporting Goods, Baidu, Medtronics, Macy’s, Toll Brothers Today’s Top Headlines/Must Reads: – Is Nvidia the New Tesla? Options Traders Place Their Bets – How Hard Should the Fed Squeeze to Reach 2% Inflation? – New U.S. Buyback Tax Hits Companies With $3.5…