Category: Market Summary
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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…
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US Futures, European Stocks Rise as Investors Look to Jackson Hole
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 gained 0.6% in morning trading. Ubisoft Entertainment added 5.8% and DocMorris climbed 5.2%. On the other…
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Tech Rally Contributes To Rebound On Wall Street
Stocks moved mostly higher over the course of the trading session on Monday, regaining ground following recent weakness. Technology stocks helped lead the rebound, resulting in a substantial gain by the Nasdaq. The Nasdaq surged 206.81 points or 1.6 percent to 13,497.59 and the S&P 500 climbed 30.06 points or 0.7 percent to 4,399.77, while…
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Monday’s Wall Street Highlights: Meta, Palo Alto Networks, Jet.AI, Napco Security Technologies, and more
US index futures are up in Monday’s pre-market, staging a recovery and digesting data from Europe and China, following a week in which U.S. interest rate concerns left investors apprehensive and fueled a global risk-averse sentiment. By 6:48 AM, Dow Jones (DOWI:DJI) futures were up 105 points, or 0.30%. S&P 500 futures were up 0.43% and Nasdaq-100…
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North American Morning Briefing: Focus Shifts to Jackson Hole Later This Week
Market Wraps Watch For: Canada New Housing Price Index; Earnings from Zoom Today’s Top Headlines/Must Reads: – Big Treasury Rout Lures Fresh Buyers – Why the Era of Historically Low Interest Rates Could Be Over – Banks Don’t Love Rich Mortgage Borrowers as Much as They Used To Opening Call: Stock futures moved higher early…
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US Futures Mixed, European Stocks Rise as Jackson Hole in Focus
In the U.S. futures for the S&P 500 were up 0.1% 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 0.4% in morning trading. DocMorris rose 6.6% and Corbion added 4.5%. On the other hand, Adyen…
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U.S. Stocks End On Mixed Note After Cautious Session
U.S. stocks turned in a mixed performance on Friday with investors largely staying cautious amid concerns the Federal Reserve will hold interest rates higher for longer to control inflation. Worries about slowing Chinese economy, hawkish minutes from the Federal Reserve’s most recent policy meeting, and higher bond yields had pushed the market down in the…
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Friday’s Wall Street Highlights: Applied Materials, Farfetch, Bloomin’ Brands, and More
US Index Futures are lower in premarket trading on Friday, weighed down by economic uncertainty, particularly in China, after major developer Evergrande filed for creditor protection in the U.S. By 6:45, Dow Jones futures (DOWI:DJI) were down 53 points, or 0.15%. S&P 500 futures were down 0.23% and Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield…
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North American Morning Briefing: China Trouble Hits Sentiment
Market Wraps Watch For: Canada Industrial Product Prices for July; Earnings from Deere, Estée Lauder, Palo Alto Networks Today’s Top Headlines/Must Reads: – Investors Fear China’s ‘Lehman Moment’ Is Looming – Is China’s Data Manipulated, or Flawed? Maybe Both – China Evergrande Seeks U.S. Court Approval for $19 Billion Debt Restructuring – Hawaii Fires Turn…
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US Futures Up, European Stocks Down
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 declined 0.4% in morning trading. Samhaellsbyggnadsbolaget rose 3.3% and Scatec added 3.2%. On the other hand,…