Category: Market Summary
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US Futures Rise, European Stocks Fall as Strong US Retail Sales Stoke Cautious Sentiment
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Admiral Group rose 5.1% and Glanbia climbed 4.3%. On the other…
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U.S. Stocks Close Notably Lower As Rate Hike Concerns, China Growth Worries Weigh
After a gap down opening and a subsequent fall to lower levels, U.S. stocks languished in the red right through the day’s session and eventually ended on a weak note on Tuesday. Rising worries about the health of China’s economy, and concerns about U.S. interest rate after data showed a bigger than expected increase in…
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Tuesday’s Wall Street Highlights: Delcath Systems, Getty Images, Home Depot, Berkshire Hathaway, and more
US index futures are falling in pre-market this Tuesday, reverberating weak data in China and Europe, casting doubt on the world economy. By 6:48 AM, Dow Jones futures (DOWI:DJI) were down 236 points, or 0.67%. S&P 500 futures were down 0.62% and Nasdaq-100 futures were down 0.61%. The 10-year Treasury yield was at 4.233%. In Tuesday’s economic…
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North American Morning Briefing: China Angst Rattles Global Risk Appetite
Market Wraps Watch For: Retail Sales for July; Canada CPI for July; Earnings from Home Depot Today’s Top Headlines/Must Reads: – China Slashes Rates, Suspends Youth Jobless Data – Russia Imposes Emergency Interest-Rate Rise to Halt Ruble Selloff – Wall Street Is Ready to Scoop Up Commercial Real Estate on the Cheap Opening Call: Stock…
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US Futures Flat, European Stocks Mixed With China Data in Focus
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning trading. Marks & Spencer Group added 7.6% and Tecan Group rose 7.4%. On…
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U.S. Stocks Close Higher On Bargain Hunting; Nasdaq Outperforms
After turning in a mixed performance on Friday, U.S. stocks climbed higher on Monday, riding on the strength of technology shares. Bargain hunting contributed a bit to market’s uptick today. Activity in the market was somewhat subdued due to a lack of major U.S. economic data. Reports on import and export prices, retail sales, industrial…
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Monday’s Wall Street Highlights: US Steel, Tesla, Nikola, AMC Entertainment, and more
US index futures are up in premarket trading on Monday, signaling a recovery after the previous week’s falls, which were influenced by fears related to inflation and interest rates in the global scenario. By 6:47 AM, Dow Jones futures (DOWI:DJI) were up 88 points, or 0.25%. S&P 500 futures were up 0.29% and Nasdaq-100 futures were…
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North American Morning Briefing: Stock Futures Firmer Despite More China Stress
Market Wraps Watch For: Earnings from Suncor Energy, Getty Images, Rumble Today’s Top Headlines/Must Reads: – China’s Deepening Housing Problems Spook Investors – The Economic Losers in the New World Order – U.S. Steel Rejects Offer From Cleveland-Cliffs – China’s Worsening Economy Is Hurting Corporate America Opening Call: Stock futures were higher on Monday, despite…
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3 Issues To Watch For This Week: Fed, Economic Data, Earnings
Investors this week will look to the US Federal Reserve’s (Fed) minutes from last month’s meeting, due to be released on the 16th, for clues about the future outlook for US interest rates. And retail sales data and earnings of major retailers will help spot consumer spending trends in the US, while China’s industrial production…
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US Futures, European Stocks Mixed as Inflation Concerns Return
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Koninklijke Philips rose 5.3% and Afry climbed 3.5%. On the other hand,…