Category: Market Summary
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US Futures Mostly Flat, European Stocks Rise
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.5% in morning trading. Fresenius Medical Care rose 4% and alstria office REIT added 3.5%. On the…
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Dow Snaps Four-Day Winning Streak But Nasdaq, S&P 500 Edge Slightly Higher
After moving sharply higher over the past few sessions, stocks turned in a relatively lackluster performance during trading on Thursday. The major averages spent most of the session modestly below the unchanged line but ended the day narrowly mixed. The Dow climbed well off its worst levels of the day in late-day trading but still…
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Stocks Slip Before the Open as Weak Earnings Weigh on Sentiment, U.S. Economic Data and Fed Speak in Focus
Today, all eyes are focused on the U.S. Philadelphia Fed manufacturing index in a couple of hours. Economists, on average, forecast that the November Philadelphia Fed manufacturing index will come in at -9.0, compared to the previous value of -9.0. U.S. Export and Import Price Indexes for October will also be in focus today. Economists…
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Thursday’s Wall Street Highlights: Intel, Toyota, Catalent, Palo Alto Networks, Cisco, and more
In Thursday’s pre-market, United States index futures show mixed behavior, influenced by positive economic data that suggest a possible end to the monetary tightening cycle by the Federal Reserve. Investors are also analyzing recent corporate earnings and the implications of the meeting between Joe Biden and Xi Jinping for the markets. At 6:28 am, Dow…
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North American Morning Briefing: Stock Futures Hold Near Two-Month Highs
Market Wraps Watch For: Weekly Initial Jobless Claims; October Import Price Index; Philadelphia Fed Business Outlook Survey; Industrial Production & Capacity Utilization; EIA Weekly Natural Gas Storage Report; Canada Housing Starts; Fedspeak from Mester, Williams, Barr, and Cook; Earnings from Macy’s, Walmart, Warner Music Today’s Top Headlines/Must Reads: – Squeezed Property Owners Put Their Faith…
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US Futures Down, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.1% 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 declined 0.1% in morning trading. Orpea climbed 33.3% and Siemens rose 5.7%. On the other hand, HelloFresh sunk…
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U.S. Stocks Move Modestly Higher, Adding To Yesterday’s Substantial Gains
Following the substantial rally seen in the previous session, stocks saw some further upside during trading on Wednesday. The major averages fluctuated over the course of the session but managed to end the day modestly higher. The Nasdaq inched up 9.45 points or 0.1 percent to a three-month closing high of 14,103.84, and the S&P…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Pre-Market U.S. Stock Movers JD.com (NASDAQ:JD) gained over +4% in pre-market trading after the retailer reported better-than-expected Q3 results. Solid Biosciences (NASDAQ:SLDB) surged about +27% in pre-market trading after announcing that the FDA cleared the company’s IND for Duchenne gene therapy candidate SGT-003. Edgio (NASDAQ:EGIO) soared over +20% in pre-market trading following the announcement that…
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North American Morning Briefing: Stocks Seen Building on CPI Rally; PPI Data Due
Market Wraps Watch For: PPI; Retail Sales; EIA Weekly Petroleum Status Report; Fedspeak from Barr, Barkin; Earnings from Target, TJX, Palo Alto Networks, Cisco Systems Today’s Top Headlines/Must Reads: – The Elusive Soft Landing Is Coming Into View – What to Watch in the Retail Report: Is Spending Cooling as Holidays Arrive? – While All…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.3% 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 0.5% in morning trading. Orpea added 690.3% and Siemens Energy rose 4.4%. On the other hand, Alstom…