Category: Market Summary
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North American Morning Briefing: Sentiment Hit by Weak China Data
Market Wraps Watch For: Trade for June; Canada Trade for June; Fedspeak from Patrick Harker and Thomas Barkin; Earnings from United Parcel Service, Eli Lilly Today’s Top Headlines/Must Reads: – New Lending by Mortgage REITs Has Dried Up – Surprise Stock-Market Rally Bulldozes Bearish Hedge Funds – Elon Musk Calls Cybertruck Tesla’s ‘Best Product Ever.’…
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US Futures, European Stocks Fall
In the U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.4% in morning trading. Quilter rose 8.3% and Banco BPM climbed 2.4%. On the other…
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U.S. Stocks Rebound After Recent Losses, Close On Firm Note
U.S. stocks closed on a firm note on Monday, recovering well after recent sharp losses, as investors looked ahead to more earnings updates and data on U.S. consumer and producer price inflation, due later in the week. The major averages all closed higher. The Dow settled at 35,473.13, gaining 407.51 points or 1.16 percent, the…
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North American Morning Briefing: Investors Await Key Inflation Data This Week
Market Wraps Watch For: Federal Reserve Governor Michelle Bowman and FRB Atlanta President Raphael Bostic speak at Fed Listens event; financial markets in Canada closed Today’s Top Headlines/Must Reads: – Buckle Up for Another Round of Inflation Data – A Real-Estate Haven Turns Perilous With Roughly $1 Trillion Coming Due – Stocks for the Short…
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US Futures Rise, European Stocks Mixed
In the U.S. futures for the S&P 500 were up 0.5% 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 was flat in morning trading. Scout24 climbed 8.9% and CTS Eventim rose 7%. On the other…
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U.S. Finish Volatile Session In The Red After Jobs Report
Stocks saw substantial volatility during trading on Friday, as traders digested the Labor Department’s closely watched monthly jobs report. The major averages spent the day showing wild swings back and forth across the unchanged line. The major averages eventually finished the day in negative territory. The Dow fell 150.27 points or 0.4 percent to 35,065.62,…
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Friday’s Wall Street Highlights: Amazon, Apple, Fortinet, Atlassian, DraftKings, and more
US index futures are higher on Friday, buoyed by quarterly results and anticipation of the US employment report. By 6:59 AM, Dow Jones (DOWI:DJI) futures were up 5 points, or 0.01%. S&P 500 futures were up 0.18%, while Nasdaq-100 futures were up 0.31%. The 10-year Treasury yield was at 4.186%. Retail sales in the euro zone had a…
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North American Morning Briefing: Stocks Seen Higher But Jobs Report to Drive Direction
Market Wraps Watch For: Employment Report for July; Canada Labour Force Survey for July; earnings from Enbridge Today’s Headlines/Must Reads – Hiring Has Stayed Strong. Here’s Where to Look for Signs of Cooling – Stocks Have Had a Great Year. Cue the September Effect – Amazon Shines During Apple’s Off-Season – China Has Become a…