Category: Market Summary

Global markets were mixed on Friday as investors weighed softer US inflation data against weak earnings signals from Nike (NYSE:NKE), a fresh interest rate increase from the Bank of Japan, and a new financial support package for Ukraine agreed by the European Union. US futures hold modest gains despite Nike pressure US equity futures edged…

After coming under considerable selling pressure over the course of the previous session, stocks showed a strong move back to the upside during trading on Thursday. The tech-heavy Nasdaq led the rebound by the major averages. The Nasdaq jumped 313.04 points or 1.4 percent to 23,006.36 and the S&P 500 (SPI:SP500) advanced 53.33 points or…

U.S. stock index futures are pointing to a solidly higher open on Thursday, suggesting equities could recover some lost ground after heavy selling pressure in the previous session. Futures strengthened following the release of fresh consumer inflation data from the U.S. Labor Department, which showed price pressures easing more than economists had anticipated. According to…

U.S. equity futures were mostly higher on Thursday, supported by upbeat guidance from semiconductor group Micron (NASDAQ:MU), although investor sentiment remains sensitive ahead of the release of key U.S. inflation figures. In Europe, several central banks are holding policy meetings, with the Bank of England expected to stand out as the only one to cut…

After ending yesterday’s choppy session narrowly mixed, stocks moved to the upside in early trading on Wednesday but quickly came under pressure. The major averages pulled back well off their highs of the session and firmly into negative territory. The major averages saw further downside going into the end of the day, closing just off…

U.S. stock index futures are signaling a slightly positive open on Wednesday, suggesting equities may push higher after a mixed and uneven performance in the previous session. Early gains on Wall Street could be led by the energy sector, following a sharp rebound in crude oil prices. Oil has climbed well off its lowest levels…

U.S. equity futures are trading cautiously as investors continue to digest recently released labor market data. Attention is turning to remarks from Federal Reserve Governor Christopher Waller, who is set to speak publicly for the first time since the central bank delivered an interest rate cut last week. In corporate news, shares of homebuilder Lennar…

Following the lackluster performance seen in the previous session, stocks continued to experience choppy trading on Tuesday. The major averages fluctuated over the course of the trading day before eventually closing on opposite sides of the unchanged line. While the tech-heavy Nasdaq rose 54.05 points or 0.2 percent to 23,111.46, the S&P 500 slipped 16.25…

U.S. stock index futures pointed to a largely flat start on Tuesday, suggesting Wall Street could struggle to find clear direction after closing the previous session slightly lower following volatile trading. Investors appear cautious as they assess a mixed set of U.S. labor market figures, making it difficult to draw firm conclusions about the strength…

Futures tied to the major U.S. equity benchmarks pointed lower, signalling a cautious start to the trading week as investors awaited a heavy slate of economic releases, led by a long-delayed labour market report. Attention is also turning to potential changes in U.S. market structure, with reports suggesting Nasdaq is seeking approval to extend trading…