Category: Market Summary
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U.S. Stocks Show Significant Downturn As Upbeat Data Raises Interest Rate Concerns
After showing a strong move to the upside early in the session, stocks showed a significant downturn over the course of the trading day on Thursday. The major averages pulled back well off their best levels of the day and into negative territory. The tech-heavy Nasdaq fell 77.17 points or 0.6 percent to 14,050.11 after…
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Thursday’s Wall Street Highlights: Salesforce, Mattel, Shell, Meta, McDonald’s, and more
US Index Futures rose on Wednesday morning, buoyed by quarterly results and awaiting Gross Domestic Product (GDP) data. European markets also operate high on Thursday, a day after the Federal Reserve raised interest rates in the United States and awaiting the decision of the European Central Bank (ECB). By 6:58 AM, Dow Jones (DOWI:DJI) futures were up…
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North American Morning Briefing: Stock Futures Rise on Fed Hopes, Meta Boost
Market Wraps Watch For: Durable Good for June; Weekly Jobless Claims; Advance Estimate for GDP 2Q; earnings from AbbVie, Bristol Myers Squibb, Comcast, Ford, Honeywell, Intel, Mastercard, McDonald’s, Mondelez, Royal Caribbean, T-Mobile Today’s Headlines/Must Reads – What Fed Hikes? Much of America’s Consumer Debt Is Still Riding Ultralow Rates – The Economy Has Defied Expectations.…
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US Futures, European Stocks Mixed With ECB Outlook in Focus
In the U.S. futures for the S&P 500 were up 0.3% 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 0.4% in morning trading. Inchcape rose 11.3% and SEB added 7.8%. On the other hand, Teleperformance…
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U.S. Stocks Close Little Changed Following Post-Fed Volatility
Stocks saw typically volatility following the Federal Reserve’s highly anticipated monetary policy announcement on Wednesday. The major averages showed wild swings before ending the day narrowly mixed. While the Dow rose 82.05 points or 0.2 percent to 35,520.12, extending its winning streak to 13 sessions, the S&P 500 edged down 0.71 points or less than…
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Wednesday’s Wall Street Highlights: Microsoft, Coca-Cola, Dish Network, UPS, PacWest and more
US Index Futures operate in decline this Wednesday, as well as European markets, reverberating results of large corporations and caution before the decision of monetary policy in the United States. By 6:52 AM, Dow Jones futures (DOWI:DJI) were down 73 points, or 0.21%. S&P 500 futures were down 0.17%, while Nasdaq-100 futures were down 0.30%. The 10-year…
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North American Morning Briefing: Stock Futures Struggle as Fed Awaited
Market Wraps Watch For: New Home Sales for June; EIA Weekly Petroleum Status Report; Fed interest rate decision; earnings from AT&T, Boeing, Coca-Cola, Meta Platforms Today’s Headlines/Must Reads – Should Fed Stick to Script With Rate Hike as Inflation Wanes? – Biotech Stocks Join AI-Fueled Rally – Google and Microsoft Paying Big to Play in…
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US Futures Mixed, European Stocks Mostly Down as Market Awaits Fed Decision
In the U.S., futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.2% in morning trading. Polymetal International added 23.3% and Rolls-Royce Holdings rose 23%. On the other…
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Dow Closes Higher For Twelfth Straight Session On Upbeat Earnings
Stocks fluctuated over the course of the trading day on Tuesday but largely maintained a positive bias throughout the session. While the tech-heavy Nasdaq outperformed its counterparts, the Dow managed to close higher for the twelfth straight session. The Nasdaq climbed 85.69 points or 0.6 percent to 14,144.56 and the S&P 500 rose 12.82 points…
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US Futures, European Stocks Mixed Ahead of Central Bank Meetings
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 was flat in morning trading. Orpea rose 15.2% and Polymetal International climbed 12%. On the other hand,…