Category: Market Summary
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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,…
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U.S. Stocks Close Mixed Following Producer Price Inflation Data
Following the release of producer price inflation data, the major U.S. stock indexes turned in a mixed performance during trading on Friday. The tech-heavy Nasdaq slid 93.14 points or 0.6 percent to 13,644.85, ending the session at its lowest closing level in well over a month. The S&P also edged down 4.78 points or 0.1…
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US Futures Up, European Stocks Down as Market Weighs US Data
In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 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. UBS Group added 4.9% and Bechtle rose 3.2%. On the other…
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U.S. Stocks Close Only Slightly Higher As Early Rally Evaporates
After moving sharply higher early in the session, stocks largely offset the rally over the course of the trading day on Thursday. The major averages pulled back well off their highs of the session, ending the day just above the unchanged line. The Dow surged by more than 450 points in early trading but ended…
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Thursday’s Wall Street Highlights: Capri Holdings, Disney, Sonos, Applovin, Plug Power, and more
US index futures rose in premarket Thursday, a day highly anticipated by global investors due to the release of US inflation data. By 6:43 AM, Dow Jones futures (DOWI:DJI) were up 164 points, or 0.47%. S&P 500 futures were up 0.49% and Nasdaq-100 futures were up 0.58%. The yield on the 10-year Treasury bill was at 4.005%.…
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North American Morning Briefing: Attention Turns to Key Inflation Data
Market Wraps Watch For: CPI for July; Weekly Jobless Claims Today’s Top Headlines/Must Reads: – What to Watch in July’s CPI Report: Why an Uptick in Annual Inflation Might Not Worry the Fed – U.S. and China Poised to Drift Further Apart After Investment Ban – ‘It’s Hard to Be an Activist These Days’: Gadfly…
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US Futures, European Stocks Rise
In the U.S. futures for the S&P 500 were up 0.6% and futures for the Dow Jones Industrial Average climbed 0.6%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.6% in morning trading. Knorr-Bremse rose 5% and Quilter added 3.6%. On the other hand,…
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U.S. Stocks Move To The Downside Ahead Of Inflation Data
Stocks fluctuated over the course of the trading session on Wednesday before ending the day mostly lower. The major averages all moved to the downside, with the Nasdaq and the S&P 500 falling to their lowest closing levels in a month. The major averages came under pressure going into the close, finishing the session firmly…
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US Futures, European Stocks Lift Slightly
In the U.S. futures for the S&P 500 were up 0.1% 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 climbed 0.7% in morning trading. Delivery Hero rose 6.6% and Sampo Series A added 5.2%. On the…
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U.S. Stocks Close On Weak Note Despite Coming Off Day’s Lows
After a weak start and a subsequent sharp fall, stocks recovered gradually on Tuesday, but still ended the day’s session in negative territory. The major averages all ended notably lower, but well off the session’s lows. The Dow, which was down by about 470 points at one stage, ended the day with a loss of…