Category: Market Summary
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Wall Street set for lower open as surging oil prices revive inflation concerns: Dow Jones, S&P, Nasdaq, Futures
U.S. stocks were poised to open lower on Thursday, threatening to reverse part of the previous session’s modest rebound as a sharp rise in crude oil prices renewed concerns about the economic consequences of the continuing conflict in the Middle East. U.S. crude futures surged more than 3% to their highest level in almost a…
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Fed minutes, Walmart earnings and $40 trillion U.S. debt in focus for markets: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures edged higher on Thursday after a Treasury intervention helped stabilise government bond markets and supported Wall Street in the previous session. Investors were also assessing more hawkish Federal Reserve minutes, awaiting earnings from Walmart (NYSE:WMT) and monitoring renewed U.S. pressure on Iran as the country’s national debt crossed $40 trillion for the…
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Stocks Grind Higher as Treasury Buyback Plan Eases Bond Yields
U.S. stocks closed modestly higher on Wednesday, with all three major indexes shaking off recent tech-led weakness as a pullback in Treasury yields steadied sentiment. The move came after the Treasury Department signaled it would step up buybacks of longer-dated government bonds, a step markets read as an effort to rein in borrowing costs after…
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Markets in Motion: Earnings and easier financial conditions support outlook
Markets in Motion examines earnings, financial conditions, copper, gold and shifting sector momentum as investors look toward the fall.
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U.S. Stocks Set for Rebound as Oil and Treasury Yields Retreat: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. stock futures pointed to a stronger opening on Wednesday, suggesting Wall Street could recover some of its recent losses as crude oil prices and Treasury yields pulled back. Futures gained momentum as U.S. crude reversed course after advancing strongly during the previous three sessions. Oil futures slipped into negative territory after earlier climbing as…
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U.S. Futures Little Changed After Semiconductor-Led Selloff: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures traded close to flat on Wednesday as investors assessed the previous session’s semiconductor-driven decline and rising government bond yields while awaiting fresh signals from the Federal Reserve. At 03:11 ET (07:11 GMT), Dow futures were up 42 points, or 0.1%, while S&P 500 futures were broadly unchanged. Nasdaq 100 futures slipped 40…
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Chip Selloff and Rising Bond Yields Drag Nasdaq Down 1.3% as Wall Street Retreats
U.S. stocks closed lower on Tuesday, with technology shares leading a broad pullback as a sharp selloff in semiconductor stocks and a renewed climb in bond yields rattled investor confidence. Growing anxiety about inflation and mounting government debt kept Treasury yields elevated throughout the session, pressuring the high-growth names that have powered much of this…
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Rising Treasury Yields and Oil Prices Put Wall Street Under Fresh Pressure: Dow Jones, S&P, Nasdaq, Futures
U.S. stocks were set for another weaker start on Tuesday, with major index futures pointing lower after Wall Street retreated during the previous two sessions. Technology shares appeared particularly vulnerable, with Nasdaq 100 futures falling 1.3% as rising Treasury yields increased pressure on growth-oriented stocks. The 30-year U.S. bond yield climbed to its highest level…
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Evercore ISI Names Three Top Discount Retail Stocks for the Second Half
Evercore ISI has selected three discount retailers as its preferred stocks within the global retail, apparel and luxury brands sector, pointing to opportunities for stronger performance during the second half of the year. The firm’s assessment focuses on companies where comparable sales trends, easier comparison periods or operational improvements could provide meaningful support despite an…
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Wall Street Futures Fall as Middle East Risks, Oil Prices and Canada Tariffs Take Focus: Dow Jones, S&P, Nasdaq
U.S. stock futures moved lower on Tuesday as investors monitored another rise in oil prices and the risk that disruption to the Strait of Hormuz could persist, while fresh U.S. tariffs on Canada and upcoming Home Depot (NYSE:HD) earnings also remained in focus. Gold slipped back below $4,400 an ounce, while crude prices strengthened following…