Category: Market Summary
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Arm Debuts Today On Nasdaq Valued At US$54.5 billion In The Biggest IPO Of The Year
The chip designer Arm will begin trading on Thursday, September 14th, on the Nasdaq stock exchange in New York under the code (NASDAQ:ARM), following a highly successful stock offering that secured a valuation of $54.5 billion, at the top of its target range. This represents a good outcome for Japanese owner SoftBank. Last year, the…
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US Futures Up, European Stocks Mixed as Markets Await ECB Decision
In the U.S. futures for the S&P 500 were up 0.2% 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 0.1% in morning trading. Deliveroo added 7.3% and Adevinta rose 3.9%. On the other hand,…
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U.S. Stocks Close Mixed Following Consumer Price Inflation Data
Stocks showed a lack of direction over the course of the trading session on Wednesday, with the major averages bouncing back and forth across the unchanged line as traders digested a highly anticipated report on consumer price inflation. The major averages eventually ended the session mixed. While the Dow dipped 70.46 points or 0.2 percent…
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Wednesday’s Wall Street Highlights: Apple, Xpeng, GoDaddy, BP, UBS, Nike, and more
US index futures are falling in pre-market trading on Wednesday, a crucial day for markets due to the presentation of US inflation data. This data could impact the Federal Reserve’s decision on monetary policy next week. At 7:07 AM, Dow Jones futures (DOWI:DJI) fell 52 points, or 0.15%. S&P 500 futures were down 0.14% and Nasdaq-100 futures…
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North American Morning Briefing: Stock Futures Slip Ahead of CPI
Market Wraps Watch For: CPI for August; EIA Weekly Petroleum Status Report Today’s Top Headlines/Must Reads: – What to Watch in the CPI Report: Did Inflation Continue to Cool in August? – As OPEC’s Energy Influence Wanes, China’s Minerals Clout Rises – China Denies Ban on Apple’s iPhones Opening Call: Stock futures stalled on Wednesday,…
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US Futures Flat, European Stocks Slip Ahead of US Inflation Data
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Aviva rose 2.9% and MorphoSys climbed 2.9%. On the other hand, Viaplay Group…
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U.S. Stocks Move Back To The Downside Ahead Of Inflation Data
Stocks attempted to recover from initial weakness on Tuesday but moved back to the downside in the latter part of the session. The major averages all ended the day in negative territory, although the Dow posted a relatively modest loss. The tech-heavy Nasdaq slumped 144.28 points or 1.0 percent to 13,773.61, largely offsetting the strong…
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Tuesday’s Wall Street Highlights: Apple, Acelyrin, WestRock, Oracle, UPS, and more
US index futures are falling in Tuesday’s pre-market, with investors digesting European indicators waiting for American inflation, which will be released tomorrow and should give clues about the Federal Reserve’s next steps. At 7:01 AM, Dow Jones futures (DOWI:DJI) fell 46 points, or 0.13%. S&P 500 futures were down 0.14% and Nasdaq-100 futures were down 0.19%. The…
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North American Morning Briefing: Stock Futures Dip Ahead of Apple Event as Inflation Data Looms
Market Wraps Watch For: World Agricultural Supply & Demand Estimates Today’s Headlines/Must Reads – Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits – Five Things to Look for at Apple’s Tuesday iPhone Event – U.S. Takes Steps to Free $6 Billion in Iranian Funds in Prisoner-Swap Deal Opening Call: Traders appeared reluctant to…
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US Futures Down, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. HelloFresh rose 5.7% and Getinge Series B climbed 3.7%. On the…