Category: Market Summary
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Nasdaq Hits Record Close as Soft Jobs Report Eases Fed Rate-Hike Fears
Wall Street finished higher on Friday after a weaker-than-expected September jobs report calmed worries that a hot economy could push inflation, and interest rates, even higher. The Nasdaq Composite led the way with a record close, while the S&P 500 finished within about 1% of its all-time high. Falling Treasury yields and lower oil prices…
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Stock Futures Surge on Weak September Jobs Report and Falling Yields: Dow Jones, S&P and Nasdaq Futures
U.S. stock futures rally ahead of Friday’s open after a weak September jobs report drives Treasury yields lower and cools Fed rate hike expectations. Dow Jones, S&P 500 and Nasdaq index futures are currently pointing to a sharply higher open on Friday, with stocks poised to add to the modest gains posted in the previous…
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U.S. Futures Rise Ahead of Payrolls as Bond-Market Volatility Remains in Focus: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock futures moved higher on Friday as investors awaited September employment data and continued to assess volatility across global government bond markets. At 07:16 GMT, Dow futures were up 137 points, or 0.3%, while S&P 500 futures gained 20 points, or 0.3%. Nasdaq 100 futures advanced 129 points, or 0.4%. The major Wall Street…
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Wall Street Rebounds From Early Losses as Chip Stocks Rally and Treasury Yields Ease
U.S. stocks kicked off October and the fourth quarter with a choppy session, recovering from morning weakness to close slightly higher. A pullback in bond yields from multi-decade highs and a bounce in AI-related chip stocks helped the major averages climb back above the flat line. The 10-year Treasury yield touched about 5.3% earlier in…
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US Stock Futures Rise as Treasury Yields Ease and Investors Assess Micron Results: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved higher on Thursday, pointing to a positive start to October on Wall Street as Treasury yields eased and investors assessed quarterly results from Micron Technology ahead of further US economic data. At 08:33 ET (12:33 GMT), S&P 500 futures rose 0.4%, Dow futures gained 0.5% and Nasdaq 100 futures advanced 0.6%.…
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US Futures Mixed as Micron Outlook and Nike Results Take Focus: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures were mixed on Thursday ahead of the first trading session of the fourth quarter, with investors assessing higher Treasury yields, Micron’s (NASDAQ:MU) latest outlook and upcoming economic data. At 03:34 ET (07:34 GMT), Dow futures were down 219 points, or 0.4%, while S&P 500 futures gained 4 points, or 0.1%. Nasdaq 100…
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Wall Street Fades After Cooler Inflation Reading as Dow and S&P 500 Post September Losses
U.S. stocks finished mixed on Wednesday after an early rally on softer inflation data lost steam. The Dow Jones Industrial Average and S&P 500 closed lower and ended September with monthly losses, while the Nasdaq Composite held a modest gain. Investors weighed a cooler-than-expected inflation report against rising Treasury yields and higher oil prices, with…
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U.S. Stock Futures Rise After PCE Inflation Comes in Below Expectations: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures pointed to a higher open on Wednesday after August inflation data showed consumer prices increased by less than economists had expected. The move in futures followed a Commerce Department report showing the personal consumption expenditures (PCE) price index increased 0.3% month on month in August, following a revised 0.1% rise in…
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U.S. Futures Rise Ahead of PCE Inflation Data as Markets Monitor Oil and Diesel Export Talks: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures moved higher on Wednesday as investors awaited a key inflation reading closely monitored by the Federal Reserve, while also assessing developments in oil markets, reports of possible U.S. diesel export restrictions and economic data from China. The August personal consumption expenditures price index is expected to indicate that inflationary pressures remained…
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Wall Street Slips as Consumer Confidence Hits 12-Year Low and Treasury Yields Stay High
U.S. stocks finished slightly lower on Tuesday after an early tech-led bounce faded. Rising Treasury yields, weak consumer confidence and ongoing uncertainty over U.S.-Iran talks to reopen the Strait of Hormuz kept buyers cautious. Losses were modest across the major indexes, but smaller companies fared worse, with the Russell 2000 falling about 0.35%. What Moved…