Category: Market Summary
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U.S. Stocks Finish Lackluster Session Modestly Higher
Stocks showed a lack of direction throughout the trading session on Monday, with the major averages spending the day bouncing back and forth across the unchanged line after last Friday’s trading firmly in positive territory. The major averages moved to the upside going into the close, ending the day modestly higher. The Dow rose 100.24…
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Monday’s Wall Street Highlights: Palantir Technologies, Walmart, Yellow Corp, J&J, and more
US Index Futures are trading mixed in the pre-market on Monday, awaiting a busy week of quarterly results, while European markets operate without defined direction reverberating economic indicators in the euro zone and in Germany. By 6:54 AM, Dow Jones (DOWI:DJI) futures were up 44 points, or 0.12%. S&P 500 futures were up 0.09%, while Nasdaq-100 futures…
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North American Morning Briefing: Wall Street Eyes Five-Month Winning Streak
Market Wraps Watch For: Chicago Business Barometer-ISM-Chicago Business Survey-Chicago PMI; University of Michigan Final Consumer Survey Today’s Headlines/Must Reads – How the U.S. Economy Is Sticking the Soft Landing – Why the Drivers of Lower Inflation Matter – Everyday Investors Are Thriving in a World Awash in Yield – The Benefit of Owning Stocks Over…
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U.S. Stocks Close On Strong Note; Nasdaq Outperforms
U.S. stocks closed on a bright note on Friday, firmly holding their gains after a positive start. Some encouraging earnings updates from top tech firms and data showing a slowdown in the annual rate of growth in consumer prices in the month of June aided sentiment. Easing worries about interest rates following the Federal Reserve…
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Friday’s Wall Street Highlights: AMD, Intel, First Solar, Sleep Number, Roku, P&G, and more
US Index Futures rose in premarket trading on Friday after last night’s earnings and on the lookout for indicators. European markets operate without a defined direction reflecting the most recent releases of GDPs in the region, and with an eye on the economic policy of the Bank of Japan. By 7:08 AM, Dow Jones (DOWI:DJI) futures were…
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North American Morning Briefing: Key Inflation Gauges on Tap
Market Wraps Watch For: Personal Income and Outlays; Employment Cost Index; University of Michigan Final Consumer Survey for July; Canadian GDP; earnings from Chevron, Exxon Mobil, Procter & Gamble Today’s Headlines/Must Reads – Banks Are Halting Stock Buybacks Again as New Capital Rules Loom – China’s Housing Troubles Derail a Developer’s Comeback – Facebook Bowed…
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US Futures Up, European Stocks Mixed as Investors Digest Central Bank Decisions
In the U.S. futures for the S&P 500 were up 0.5% and futures for the Dow Jones Industrial Average increased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.3% in morning trading. Polymetal International rose 12.1% and ams-OSRAM added 12%. On the other…
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U.S. Stocks Show Significant Downturn As Upbeat Data Raises Interest Rate Concerns
After showing a strong move to the upside early in the session, stocks showed a significant downturn over the course of the trading day on Thursday. The major averages pulled back well off their best levels of the day and into negative territory. The tech-heavy Nasdaq fell 77.17 points or 0.6 percent to 14,050.11 after…
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Thursday’s Wall Street Highlights: Salesforce, Mattel, Shell, Meta, McDonald’s, and more
US Index Futures rose on Wednesday morning, buoyed by quarterly results and awaiting Gross Domestic Product (GDP) data. European markets also operate high on Thursday, a day after the Federal Reserve raised interest rates in the United States and awaiting the decision of the European Central Bank (ECB). By 6:58 AM, Dow Jones (DOWI:DJI) futures were up…
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North American Morning Briefing: Stock Futures Rise on Fed Hopes, Meta Boost
Market Wraps Watch For: Durable Good for June; Weekly Jobless Claims; Advance Estimate for GDP 2Q; earnings from AbbVie, Bristol Myers Squibb, Comcast, Ford, Honeywell, Intel, Mastercard, McDonald’s, Mondelez, Royal Caribbean, T-Mobile Today’s Headlines/Must Reads – What Fed Hikes? Much of America’s Consumer Debt Is Still Riding Ultralow Rates – The Economy Has Defied Expectations.…