Category: Market Summary

Futures tied to the main U.S. equity benchmarks were higher ahead of a busy week of corporate earnings. Markets are reacting to news that Elon Musk’s SpaceX has agreed to acquire xAI in a blockbuster transaction valuing the combined group at more than $1 trillion, while Palantir (NASDAQ:PLTR) posted record quarterly revenue, lifting its shares…

Following the mixed performance seen last week, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day, with the Dow posting a standout gain. The major averages pulled back off their best levels late in the day but remained in positive territory. The Dow jumped 515.19…

A packed calendar of U.S. economic data and high-profile corporate earnings could shape market direction in the days ahead. Investors will be watching the U.S. labour market closely, while results from major technology names such as Alphabet (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN) are set to dominate headlines. Outside tech, Eli Lilly (NYSE:LLY) may offer fresh signals…

U.S. stock index futures are signaling a weaker start to Monday’s session, pointing to potential losses after markets ended last week on a mixed footing. A key drag on sentiment is a decline in Nvidia (NASDAQ:NVDA), with shares of the AI heavyweight down about 1.6% in premarket trading. The move follows a Wall Street Journal…

U.S. equity futures moved lower on Monday, with sharp declines in gold and silver weighing on sentiment ahead of a heavy week of high-impact corporate earnings and economic releases. Bitcoin also extended recent losses after slipping below the $80,000 mark over the weekend. Elsewhere, Oracle (NYSE:ORCL) detailed plans to raise fresh capital, while speculation over…

Stocks fluctuated over the course of the trading session on Friday but maintained a negative bias throughout the day before eventually closing mostly lower. After recovering from an early sell-off to end Thursday’s session mixed, the major averages all finished the day firmly in negative territory. The tech-heavy Nasdaq led the way lower, slumping 223.30…

Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a lower open on Friday, with stocks likely to move back to the downside after recovering from an early sell-off to end the previous session mostly lower but well off their worst levels. Renewed concerns about inflation may weigh on the markets after the…

U.S. equity futures edged lower on Friday as investors assessed growing speculation that Kevin Warsh could be named the next chair of the U.S. Federal Reserve. Corporate news provided some support, led by a strong earnings update from Apple, while precious metals pulled back from record highs. Meanwhile, political risk eased after signs emerged that…

Following a nosedive seen early in the session, stocks showed a substantial recovery attempt over the course of the trading day on Thursday. The major averages climbed well off their worst levels of the day, with the Dow reaching positive territory. The Dow ended the day up 55.96 points or 0.1 percent at 49,071.56, while…

U.S. stock index futures were pointing modestly higher early Thursday, suggesting a positive start to the session after markets finished the previous day little changed. Early momentum looked set to be driven by an upbeat response to earnings from Meta Platforms (NASDAQ:META), with the Facebook owner jumping 9.2% in pre-market trading. The rally followed stronger-than-expected…