Category: Market Summary
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Wall Street Highlights: Tesla Launches Restyled Model 3, VinFast Unveils Pickup Prototype, and More
U.S. index futures are mixed in pre-market trading this Wednesday as investors eagerly await inflation data and the beginning of corporate earnings releases. At 05:33 AM, Dow Jones futures (DOWI:DJI) fell 23 points, or 0.06%. S&P 500 futures rose 0.07%, and Nasdaq-100 futures advanced 0.25%. The yield on 10-year Treasury bonds was at 3.989%. In…
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Nasdaq Recovers From Early Weakness But Dow, S&P 500 Close In The Red
Stocks moved mostly lower in early trading on Tuesday but regained ground over the course of the session. The major averages climbed well off their worst levels of the day, with the tech-heavy Nasdaq peeking above the unchanged line. The major averages finished the day mixed. While the Nasdaq inched up 13.94 points or 0.1…
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Wall Street Highlights: HPE and Juniper Networks in Negotiations, Elliott Invests $1 Billion in Match Group, and More
U.S. index futures are registering a decline in pre-market trading this Tuesday, suggesting that the enthusiasm generated by the technology-driven recovery yesterday is losing steam. At 05:46 AM, Dow Jones futures (DOWI:DJI) fell 119 points, or 0.31%. S&P 500 futures dropped 0.32%, and Nasdaq-100 futures declined 0.45%. The 10-year Treasury bond yield stood at 4.044%.…
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US Futures Slip, European Stocks Mostly Flat
U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Bucher Industries AG rose 2.6% and argenx climbed 2.1%. On the other hand,…
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U.S. Stocks Close On Strong Note; Nasdaq Rises 2.2 Percent
U.S. stocks ended on a buoyant note on Monday, with the Nasdaq outperforming the other major averages thanks to hectic buying in the technology sector. A drop in bond yields, and optimism about the outlook for stocks despite recent uncertainty about the likelihood of near-term interest rate cuts helped push stock prices up. The major…
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Futures Pointing To Roughly Flat Open On Wall Street
The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after snapping a nine-week winning streak last week. Traders may be reluctant to make significant moves ahead of the release of key U.S. inflation data in the coming days. The Labor…
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Boeing Drags Down Dow Futures
Stock futures indicated a cautious session on Monday after a plunge in Boeing shares and amid uncertainty over Federal Reserve policy. Boeing fell more than 8% premarket after the Federal Aviation Administration ordered the temporary grounding of 171 Boeing 737 MAX 9 planes after a MAX 9 operated by Alaska Airlines lost a section of…
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US Futures Mixed, European Stocks Mostly Down
U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average declined 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Temenos rose 4.4% and Elia Group added 4.3%. On the other hand, alstria office…
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U.S. Stocks Close Slightly Higher Following Volatile Session
After trending lower during the past several sessions, stocks saw considerable volatility over the course of the trading day on Friday. The major averages swung back and forth across the unchanged line before eventually closing slightly higher. The tech-heavy Nasdaq inched up 13.77 points or 0.1 percent to 14,524.07, snapping a five-session losing streak. The…
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Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3%. At…