Category: Market Summary
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…
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US Futures Down, European Stocks Rise Following Hawkish Fed and ECB
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 gained 0.1% in morning trading. Orpea rose 11.4% and MorphoSys climbed 11.3%. On the other hand,…
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U.S. Stocks Rally As Economic Data Eases Interest Rate Concerns
Following the mixed performance seen in the previous session, stocks moved sharply higher over the course of the trading day on Thursday. The Nasdaq and S&P 500 once again reached their best closing levels in over a year, while the Dow set to a six-month closing high. The major averages pulled back off their highs…
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Thursday’s Wall Street Highlights: Adobe, MicroVision, XPeng, Tesla, Citigroup and More
US Index Futures are operating at lows, still under the effect of signals from the Federal Reserve yesterday that new interest rate hikes are yet to come, and before the decision of the European Central Bank for the interest rate in the Euro Zone. By 7:00 AM, Dow Jones futures (DOWI:DJI) was down 73 points,…
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North American Morning Briefing: Traders Digest Fed’s “Hawkish Pause”; ECB Decision Next
Market Wraps Watch For: Weekly Jobless Claims; Retail Sales for May; Industrial Production & Capacity Utilization for May; Canada Housing Starts for May Today’s Top Headlines/Must Reads: – After Surging Early in the Year, Retail Spending Could Be Cooling – Beijing Must Act to Avoid an ‘L-Shaped’ Future – Saudi Arabia Sought to Push Oil…
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US Futures, European Stocks Fall Ahead of ECB Rate Decision
In the U.S., futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average decreased 0.2% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Orpea added 11.3% and H&M Hennes & Mauritz B rose 5.3%.…
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Post-Fed Volatility Results In Mixed Close On Wall Street
Stocks saw substantial volatility following the Federal Reserve’s monetary policy announcement on Wednesday. The major averages showed wild swings back and forth across the unchanged line before eventually closing mixed. The Nasdaq climbed 53.16 points or 0.4 percent to13,626.48 and the S&P 500 inched up 3.58 points or 0.1 percent to 4,372.59, once again reaching…
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Wednesday’s Wall Street Highlights: AMD, Amazon, Alphabet, Shell, Vodafone and more
US Index Futures were mixed on Wednesday morning as investors awaited the Federal Open Market Committee (FOMC) meeting after the May Consumer Price Index (CPI), released yesterday, helped to consolidate the expectation of the first maintenance of the basic interest rate since March 2022 At around 7:04 AM, Dow Jones (DOWI:DJI) futures were down 36 points,…
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North American Morning Briefing: Focus Fixes on Fed, Powell
Market Wraps Watch For: PPI for May; Fed interest-rate decision, economic projection; EIA Weekly Petroleum Status Report; Lennar earnings Today’s Headlines/Must Reads – Stock Market to Fed: You Haven’t Done Enough – American Investment Banks Are Giving Up Some China IPO Mandates – Oil Demand to Peak This Decade as EVs Boom, IEA Says –…
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US Futures, European Stocks Mixed, With Fed Decision in Focus
In the U.S. futures for the S&P 500 were up 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 gained 0.1% in morning trading. Etablissementen Franz Col added 9% and DocMorris rose 6.9%. On the…