Category: Market Summary

  • US Futures, European Stocks Down as Markets Await Key Economic Data

    US Futures, European Stocks Down as Markets Await Key Economic Data

    U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.5% in morning trading. Millicom Intl Cellular climbed 4.2% and Auto1 Group added 2.1%. On the other…

  • U.S. Stocks Finish Lackluster Session Mostly Lower

    U.S. Stocks Finish Lackluster Session Mostly Lower

    Stocks turned in a lackluster performance throughout much of the trading session on Thursday before eventually ending the day mostly lower. The Nasdaq and the S&P 500 finished the session in negative territory, although the narrower Dow closed slightly higher. The major averages moved to the downside going into the close, with the Nasdaq and…

  • Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More

    Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More

    U.S. index futures are showing a slight uptick in pre-market trading this Thursday, following four consecutive days of decline in the Nasdaq Composite. At 04:02 AM, Dow Jones futures (DOWI:DJI) rose 42 points, or 0.11%. S&P 500 futures rose 0.08%, and Nasdaq-100 futures rose 0.09%. The yield on 10-year Treasury bonds stood at 3.931%. In…

  • US Futures, European Stocks Rise

    US Futures, European Stocks Rise

    U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.4% in morning trading. Next added 5.2% and Rational added 3.5%. On the other hand, Evotec sunk…

  • U.S. Stocks See Further Downside As Fed Minutes Highlight Uncertainty

    U.S. Stocks See Further Downside As Fed Minutes Highlight Uncertainty

    After kicking off the new year on a downbeat note, stocks saw further downside over the course of the trading session on Wednesday. The major averages all fell on the day, with the tech-heavy Nasdaq closing lower for the fourth consecutive session. The major averages dropped to new lows for the session going into the…

  • Wall Street Highlights: Tesla’s Competition with BYD, JPMorgan Stocks Achieve New Records, and More

    Wall Street Highlights: Tesla’s Competition with BYD, JPMorgan Stocks Achieve New Records, and More

    U.S. index futures show a decline in Wednesday’s pre-market trading, a direct reaction to the performance of the Nasdaq Composite, which faced its most challenging session since October in the previous session. At 05:10 AM, the Dow Jones futures (DOWI:DJI) fell 75 points, or 0.20%. The S&P 500 futures fell 0.25% and the Nasdaq-100 futures…

  • US Futures Flat, European Stocks Mixed Amid Risk-Off Bias

    US Futures Flat, European Stocks Mixed Amid Risk-Off Bias

    U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. Viaplay Group Series B added 4.5% and A.P. Moeller-Maersk B rose 4.1%. On the…

  • Tech Sector Slump Weighs On Wall Street After Apple Downgrade

    Tech Sector Slump Weighs On Wall Street After Apple Downgrade

    Stocks moved mostly lower during trading on Tuesday, extending the pullback seen in the final trading session of 2023. The Nasdaq showed a particularly steep drop, reflecting notable weakness among tech stocks. The Nasdaq plunged 245.41 points or 1.6 percent to 14,765.94, continuing to give back ground after ending last Wednesday’s trading at its best…

  • Profit Taking, Slump By Apple May Weigh On Wall Street

    Profit Taking, Slump By Apple May Weigh On Wall Street

    The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to see further downside following the pullback to close out 2023. Profit taking may contribute to initial weakness on the first trading day of the new year, as some traders look to cash in on last year’s substantial…

  • Premarket Movers: ASML, Coinbase, Tesla, BYD

    Premarket Movers: ASML, Coinbase, Tesla, BYD

    ASML fell 1.1% after the Dutch government blocked the company from exporting to China certain lithography systems , which are essential to making advanced microprocessors. WSJ reported the rule came after officials from the Netherlands, Japan, and the U.S. reached an agreement to start restricting such exports. Coinbase Global was up 6.4%, MicroStrategy rose 9.2%,…