Category: Market Summary
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U.S. Stocks Most Mostly Higher, Nasdaq Jumps Following Tesla Upgrade
Following the notable pullback seen last week, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day, adding to the modest gains posted last Friday. The major averages all closed in positive territory, with the tech-heavy Nasdaq posting a standout gain. The Nasdaq jumped 156.37 points…
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Monday’s Wall Street Highlights: Alibaba, Tesla, Kenvue, Boeing, and more
US index futures are higher in pre-market trading on Monday, even with continued uncertainty about the global economy. The week will be marked by the monetary decision of the European Central Bank (ECB) and American inflation data, influencing Federal Reserve’s decisions. At 6:53 AM, Dow Jones futures (DOWI:DJI) rose 71 points, or 0.20%. S&P 500 futures rose…
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North American Morning Briefing: Inflation, Retail Sales in Focus This Week
Market Wraps Watch For: Oracle earnings Today’s Headlines/Must Reads – Earnings Estimates Are Rising, a Welcome Sign for 2023 Market Rally – Energy Stocks Are Back in the Market’s Driver’s Seat – The 11% Yield That Isn’t in Your Mutual Fund – An Important Shift in Fed Officials’ Rate Stance Is Under Way Opening Call:…
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US Futures, European Stocks Rise
In the U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.6% in morning trading. Vistry Group rose 13.2% and Uniper rose 3.6%. On the other…
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U.S. Stocks Pull Back Off Best Levels But Close Modestly Higher
After an early move to the upside, stocks gave back ground over the course of the trading session on Friday but managed to close modestly higher. The uptick on the day came on the heels of the downward trend seen over the past few sessions. The major averages edged higher going into the close of…
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US Futures, European Stocks Up Amid Interest Rates Uncertainty
In the U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average increased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.2% in morning trading. CTS Eventim rose 5.9% and Ageas rose 3.5%. On the other…
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Nasdaq Shows Another Notable Decline But Dow Posts Modest Gain
Stocks came under pressure in early trading on Thursday but regained some ground over the course of the session. The major averages all climbed well off their lows of the session, although the tech-heavy Nasdaq continued to post a notable loss. The Nasdaq slumped 123.64 points or 0.9 percent to 13,748.83 and the S&P 500…
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North American Morning Briefing: Concerns About Inflation, Interest Rates Persist
Market Wraps Watch For: Weekly Jobless Claims; Revised Productivity and Costs for 2Q; EIA Weekly Petroleum Status Report; The Fed’s Raphael Bostic delivers remarks at Broward College event; Bostic speaks at Prosperity Partnership/Greater Fort Lauderdale Alliance Foundation dinner Today’s Top Headlines/Must Reads: – Why Higher Unemployment Is Good News Now – U.S., Allies Should Reduce…
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US Futures, European Stocks Down Amid Inflation Worries
In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Direct Line Insurance added 14.1% and Melrose Industries climbed 8.2%. On…
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Interest Rate Concerns Contribute To Continued Weakness On Wall Street
After ending the previous session mostly lower, stocks saw further downside during trading on Wednesday. The major averages all decreased on the day, with the tech-heavy Nasdaq showing a notable decline. The major averages climbed off their worst levels in afternoon trading but remained firmly negative. The Nasdaq tumbled 148.48 points or 1.1 percent to…