Category: Market Summary
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Wednesday’s Wall Street Highlights: Verb Technology, Apple, Alphabet, Warner Bros, and more
US index futures are lower in premarket trading on Wednesday, weighed down by disappointing numbers in Europe and a rise in the cost of oil the day before. These factors heighten inflation concerns as investors await new US indicators, including the Beige Book. By 6:52, Dow Jones futures (DOWI:DJI) were down 51 points, or 0.14%. S&P 500…
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North American Morning Briefing: Inflation Worries Push Stock Futures Lower
Market Wraps Watch For: Trade for July; ISM Report on Business Services PMI for August; Canada Trade for July; Bank of Canada rate decision; The Fed’s Susan Collins speaks at New England Council breakfast event Today’s Top Headlines/Must Reads: – This Tech Stock Rally Can Keep Going. What History Shows. – Saudi Cuts Send World…
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US Futures, European Stocks Slip
In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.6% in morning trading. SalMar climbed 3.5% and InPost rose 3.1%. On the other hand,…
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U.S. Stocks Close Lower On Growth Worries
U.S. stocks closed lower on Tuesday, after posting some strong gains last week. The major averages all ended in negative territory, although the Nasdaq managed to see a few brief spells above the flat line. The Dow ended with a loss of 195.74 points or 0.56 percent at 34,641.97. The S&P 500 settled lower by…
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Tuesday’s Wall Street Highlights: Goldman Sachs, Airbnb, Tesla, Novo Nordisk, and more
US index futures are lower in premarket trading on Tuesday, influenced by a series of PMI index announcements from various countries, which gauge the activity of specific sectors. By 6:52 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or 0.01%. S&P 500 futures were down 0.11% and Nasdaq-100 futures were down 0.21%. The yield on the…
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North American Morning Briefing: Chinese Data Sours Mood
Market Wraps Watch For: Factory Orders for July Today’s Top Headlines/Must Reads: – How Slowing Inflation Can Hit Corporate Profits – Utility Stocks Can’t Compete in a World Awash With Yield – China’s Country Garden Makes Overdue Dollar-Bond Payments, Narrowly Avoiding Default Opening Call: Stock futures and Treasury bonds lost some ground on Tuesday after…
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US Futures, European Stocks Slip
In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.5% in morning trading. Partners Group Hldg climbed 6.7% and Etablissementen Franz Col rose 4.9%.…
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U.S. Stocks Turn In Lackluster Performance Following Mixed Jobs Data
Stocks moved mostly higher in early trading on Friday but quickly gave back ground and showed a lack of direction over the remainder of the session. The major averages pulled back off their early highs and spent much of the day lingering near the unchanged line. The Dow managed to spend most of the day…
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North American Morning Briefing: Jobs Report Eyed for Hiring Slowdown
Market Wraps Watch For: Employment Report for August; Construction Spending for July; ISM Report on Business Manufacturing PMI for August; Canada GDP for June Today’s Headlines/Must Reads – China Central Bank to Cut FX Reserves Ratio – The Generational Paradigm Shift Taking Over Markets – UAW Accuses GM, Stellantis of Unfair Labor Practices Opening Call:…
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US Futures Rise, European Stocks Mixed Ahead of Jobs Data
In the U.S. futures for the S&P 500 were up 0.1% 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 was flat in morning trading. Johnson Matthey added 11% and THG rose 3.2%. On the other…