Category: Market Summary
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Today, market participants will be closely monitoring the release of the Federal Reserve’s minutes from the November meeting for any new insights into the future trajectory of interest rates. “We are not expecting any major new information, but the minutes could be less dovish than the current market pricing. The minutes are likely to indicate…
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Tuesday’s Wall Street Highlights: Paramount Global, Nvidia, Zoom, Symbotic, Baidu, and more
U.S. index futures are down this Tuesday during the pre-market period, reflecting investor caution. They eagerly await the release of quarterly results from major U.S. companies, as well as the publication of the minutes from the most recent meeting of the Federal Open Market Committee (FOMC), scheduled for 2 PM. At 6:05 AM, Dow Jones…
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North American Morning Briefing: All Eyes on Nvidia Results
Market Wraps Watch For: FOMC Minutes, Existing Home Sales for October, Canadian CPI for October; Earnings from Nvidia, Kohl’s, Best Buy, HP, Nordstrom Today’s Top Headlines/Must Reads: – October Home Sales Likely Fell to New 13-Year Low – Biden’s Electric-Vehicle Push Hits a Speed Bump – Global platinum market on track to post largest supply…
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US Futures Flat, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. Sonova Holding rose 6% and Rheinmetall added 4.7%. On the other hand, MorphoSys…
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U.S. Stocks Move Mostly Higher, Nasdaq Reaches Best Closing Level Since Late July
Following the lackluster performance seen to close out the previous week, stocks moved mostly higher during trading on Monday. The tech-heavy Nasdaq led the advance, reaching its best closing level since late July. The major averages pulled back off their highs going into the close but remained firmly positive. The Nasdaq jumped 159.05 points or…
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Stocks Set to Open Higher as Investors Await FOMC Minutes and Nvidia Earnings
December S&P 500 futures and December Nasdaq 100 E-Mini futures are up this morning as market participants looked ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as earnings from semiconductor stalwart Nvidia later in the week. In the coming week, investors will be monitoring a spate of…
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Monday’s Wall Street Highlights: GM, Microsoft, Citigroup, Amazon, and more
U.S. index futures show remarkable stability in Monday’s pre-market trading, anticipating a shortened week due to the Thanksgiving holiday. This scenario comes after a three-week recovery streak. Investors are closely watching the nuances of the American interest rate curve, eagerly awaiting tomorrow’s release of the minutes from the last Federal Open Market Committee (FOMC) meeting.…
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US Futures Flat, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. CD Projekt added 3.8% and Diploma PLC rose 3.6%. On the other hand,…
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U.S. Stocks Finish Choppy Session Slightly Higher, Post Strong Weekly Gains
wallstreet sept20 28sep23 ltFollowing the lackluster performance seen during Thursday’s session, stocks continued to experience choppy trading on Friday. The major averages spent the day bouncing back and forth across the unchanged line before closing slightly higher. The S&P 500 edged up 5.78 points or 0.1 percent to 4,514.02, the Nasdaq inched up 11.81 points…
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Stock Index Futures Move Higher as Bond Yields Plunge, Gap Surges on Upbeat Earnings
December S&P 500 futures are up +0.28%, and December Nasdaq 100 E-Mini futures are up +0.06% this morning as U.S. Treasury yields continued to fall after this week’s soft U.S. inflation and jobs data spurred expectations among investors that interest rates have peaked. Today, all eyes are focused on the U.S. Building Permits preliminary data…