Category: Market Summary
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US Futures Up, European Stocks Mixed Ahead of US Jobs Data
In the U.S. futures for the S&P 500 were up 0.3% 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 was flat in morning trading. Credit Agricole rose 4% and Viaplay Group Series B rose 2.7%.…
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Apple Sees Third Straight Quarter of Falling Sales, Amazon Delivers Surprisingly Strong Profit
Wells Fargo, SocGen to Settle With SEC, CFTC Over Use of Messaging Apps Truist Financial also disclosed this week that some of its subsidiaries have received requests for information from regulators related to compliance with record-keeping requirements. Apple Sees Third Straight Quarter of Falling Sales, but Services Unit Hits Record Sales of iPhones missed analyst…
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U.S. Stocks Close Modestly Lower Ahead Of Jobs Report
After an early move to the downside, stocks fluctuated over the course of the trading session on Thursday. The major averages bounced back and forth across the unchanged line before closing modestly lower. The Dow slipped 66.63 points or 0.2 percent to 35,215.89, the Nasdaq edged down 13.73 points or 0.1 percent to 13,959.72 and…
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Thursday’s Wall Street Highlights: Anheuser-Busch InBev, Apple, Hasbro, Sunrun and more
US index futures are lower on Thursday as Fitch’s credit rating downgrade is still reverberating through markets, with investors cautious amid global economic and political uncertainties. The market watches economic indicators in Europe, corporate results and the interest rate decision in England. By 7:00 AM, Dow Jones futures (DOWI:DJI) were down 55 points, or 0.16%. S&P 500…
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North American Morning Briefing: Stocks Face Fresh Losses; Apple, Amazon Earnings Eyed
Market Wraps Watch For: Preliminary Productivity and Costs; ADP National Employment Report; Weekly Jobless Claims; Factory Orders; Canada Official International Reserves; earnings from Amazon.com, Apple, Hasbro, Kellogg, Moderna Today’s Headlines/Must Reads – Bud Light Boycott Sparks Big U.S. Profit Drop for AB InBev – Fitch Downgrade Won’t Break Washington’s Tax, Spending Habits – California Law…
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US Futures, European Stocks Down
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. United Internet added 3.9% and Teleperformance rose 3.6%. On the other…
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U.S. Stocks Move Sharply Lower After Fitch Downgrades Credit Rating
After ending Tuesday’s session modestly lower, stocks showed a more substantial move to the downside during trading on Wednesday. The tech-heavy Nasdaq led the sell-off, while the Dow pulled back off its best closing level in well over a year. The major averages climbed off their worst levels going into the close but remained sharply…
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Wednesday’s Wall Street Highlights: CVS Health, Starbucks, Freshworks, EA, AMD and more
US index futures are down in premarket trading on Wednesday, as the downgrade of US credit ratings by Fitch Ratings ended up weighing on investor sentiment. By 7:17 AM, Dow Jones futures (DOWI:DJI) were down 110 points, or 0.31%. S&P 500 futures were down 0.49%, while Nasdaq-100 futures were down -0.73%. The 10-year Treasury yield was at…
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North American Morning Briefing: Stock Futures Slide on Fitch Downgrade
Market Wraps Watch For: ADP Employment Report; EIA Weekly Petroleum Status Report; earnings from Carlyle Group, CVS Health, DuPont, Humana, Kraft Heinz, PayPal, Qualcomm, Shopify Today’s Headlines/Must Reads – Oil Prices Perk Up as Recession Worries Ebb and Supply Tightens – Hong Kong’s Property Market Is a Mess-and the Fed Is Partly to Blame –…
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Nasdaq, S&P 500 Move To The Downside But Dow Reaches Best Closing Level In Over A Year
Following a strong July, U.S. stocks saw modest weakness to kick off the month of August. The Nasdaq and S&P 500 moved to the downside, although the narrower Dow managed to finish the day in positive territory. The Nasdaq slid 62.11 points or 0.4 percent to 14,283.91 and the S&P 500 fell 12.23 points or…