Category: Market Summary
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Nasdaq, S&P 500 Reach Best Levels In Over A Year Following Inflation Data
Stocks moved mostly higher during trading on Wednesday, extending the upward move seen to start the week. With the continued advance, the Nasdaq and the S&P 500 ended the session at their best closing levels in over a year. The tech-heavy Nasdaq jumped 158.26 points or 1.2 percent to 13,918.96 and the S&P 500 climbed…
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Wednesday’s Wall Street Highlights: Nvidia, VMware, Alphabet, Coty, IBM, and more
US Index Futures operated higher on Wednesday, with investor expectations that US consumer inflation will reach the lowest level since 2021. By 07:01 AM, Dow Jones (DOWI:DJI) futures were up 28 points, or 0.08%. S&P 500 futures were up 0.16%, while Nasdaq-100 futures were up 0.19%. The 10-year Treasury yield is currently at 3.95%. On Wednesday’s American economic…
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North American Morning Briefing: Traders Bet Data to Show Cooling Inflation
Market Wraps Watch For: CPI for June; EIA Weekly Petroleum Status Report; Bank of Canada Rate Decision; speeches by Lael Brainard, Raphael Bostic Today’s Headlines/Must Reads – Inflation Is Likely Lowest Since Early 2021-but Still Too Hot for Fed – Measure It Differently, and Inflation Is Behind Us – Negotiators See Global Deal on Taxing…
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US Futures Flat, European Stocks Rise Ahead of US CPI data
In the U.S. futures for the S&P 500 were flat 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 0.1% in morning trading. United Internet rose 5.2% and Viaplay Group Series B rose 3.9%. On the…
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U.S. Stocks Move Mostly Higher Ahead Of Inflation Data
Stocks moved mostly higher over the course of the trading day on Tuesday, adding to the modest gains posted in the previous session. The major averages all moved to the upside, further offsetting the pullback seen last week. The major averages reached new highs for the session going into the close. The Dow jumped 317.02…
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Tuesday’s Wall Street Highlights: Amazon, Better Therapeutics, Blackstone, Microsoft and more
US Index Futures are trading slightly higher in premarket Tuesday. As Europe watches record wage increases in the UK and economic indicators in Germany, US futures are on the rise, awaiting the release of the country’s inflation data, scheduled for Wednesday. By 6:56 AM, Dow Jones (DOWI:DJI) futures were up 7 points, or 0.02%. S&P 500 futures were…
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North American Morning Briefing: Beijing Boost Supports Mood; CPI Still The Main Event
Market Wraps Watch For: NFIB Index of Small Business Optimism for June Today’s Top Headlines/Must Reads: – Historic Rate Increases Leave Some on Wall Street Wanting More – China’s Reopening Trade Is Fizzling Out – The Next Challengers Joining Nvidia in the AI Chip Revolution Opening Call: Stock futures were mixed on Tuesday as investors…
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US Futures, European Stocks Mixed
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 0.5% in morning trading. Kingspan Group rose 10.7% and Dr. Martens rose 5.8%. On the other…
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U.S. Stocks Close Higher After Lackluster Session
U.S. stocks ended higher on Monday with the Dow outperforming the other major averages in a somewhat lackluster session. While the Dow stayed positive right through the day’s session, the S&P 500 fell into the red around noon before recovering to move higher, and the Nasdaq spent much of the session in negative territory. The…
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Monday’s Wall Street Highlights: Icahn Enterprises, Nanobiotix, TSMC, Alibaba, and more
US Index Futures operate slightly lower in the first trading session of the week, after weaker inflation data in China raise doubts about the slowdown of the second largest economy in the world. By 6:50 AM, Dow Jones Futures (DOWI:DJI) were down 2 points, or 0.01%. S&P 500 futures were down 0.017%, while Nasdaq-100 futures were…