Category: Market Summary
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North American Morning Briefing: Nasdaq Futures Slip as Rate Rise Fears Weigh
Market Wraps Watch For: Weekly Jobless Claims; Wholesale Inventories for April Today’s Headlines/Must Reads – Forget the Naysayers. Why the Market Can Keep Climbing – Inflation Drags Eurozone Economy Into Recession – It Is Time to Admit It: Bank Regulation Doesn’t Quite Work – SEC’s Gensler Had Crypto in His Sights for Years Opening Call:…
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US Futures Fall, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.1% in morning trading. Oersted rose 5.8% and Evotec climbed 5.4%. On the other hand,…
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Nasdaq Pulls Back Sharply But Dow Posts Modest Gain
Following the lackluster performance to start the week, the major U.S. stock indexes moved in opposite directions during trading on Wednesday. While the tech-heavy Nasdaq moved sharply lower, the Dow posted a modest gain. The Nasdaq tumbled 171.52 points or 1.3 percent to 13,104.90 after ending Tuesday’s trading at its best closing level in well…
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Wednesday’s Wall Street Highlights: Netflix, Diageo, Mondee Holdings, Yext and more
US Index Futures traded close to flat on Wednesday as investors digested weak China trade balance data. At around 7:25 AM, Dow Jones (DOWI:DJI) futures were down 20 points, or 0.06%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were flat. The 10-year Treasury yield was at 3.683%. West Texas Intermediate crude rose 1.03% to settle at $72.48…
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US Futures Slip, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average declined 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.1% in morning trading. Samhaellsbyggnadsbolaget rose 11.5% and Industria Diseno Textil climbed 5.2%. On the…
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U.S. Stocks Close Modestly Higher Following Another Choppy Session
Stocks showed a lack of direction over the course of the trading day on Tuesday, extending the lackluster performance seen in the previous session. The major averages once again spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day in positive territory. The Nasdaq climbed 46.99 points…
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Tuesday’s Wall Street Highlights: Gitlab, Zura Bio, Thor Industries, Unity Software, and more
US Index Futures pull back as investors pick up on a raft of weak economic indicators in Europe. Ore extends gains, but oil is traded in decline, without extending the momentum seen after the commitment to cut supply by Saudi Arabia. The drop in oil prices has weighed on energy stocks and Apple is on track to…
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North American Morning Briefing: Stock Futures Struggle for Direction
Market Wraps Watch For: Canada Building Permits for April Today’s Headlines/Must Reads – This Rally Is All About a Few Star Stocks. Some Investors Are Worried. – Commercial Property Faces Big Interest-Only-Loan Bill – Analysis: Apple’s Augmented Reality Faces Real Questions – Major Dam Blown Up in Russian-Occupied Ukraine Opening Call: Markets displayed a cautious…
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US Futures Flat, European Stocks Mixed
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average fell 0.1% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Idorsia added 11.5% and Uniper rose 6.2%. On the other hand, Viaplay…
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U.S. Stocks Finish Lackluster Session Modestly Lower
Following the rally 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 finished the session in negative territory. The Nasdaq edged down 11.34 points or 0.1 percent to…