Category: Market Summary
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North American Morning Briefing: Stock Futures Dip on China Data; CPI, Earnings in Focus
Market Wraps Watch For: Speeches by Fed officials Mary Daly, Loretta Mester, Raphael Bostic Today’s Headlines/Must Reads – A Soft Corporate-Earnings Season Poses Next Test for Stock Market Rally – Last Mile of the Inflation Fight Will Be the Hardest – Yellen Trip Aids Fragile Effort by U.S., China to Keep Talking – Disney World…
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US Futures and European Stocks Down as Investors’ Expectations of Further Interest-Rate Hikes Harden on U.S. Data
In the U.S. futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average fell 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.3% in morning trading. Orpea rose 4% and Entra rose 3.3%. On the other hand,…
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U.S. Stocks Finish Volatile Session In The Red Following Jobs Report
Stocks saw substantial volatility over the course of the trading session on Friday, with the major averages showing wild swings back and forth across the unchanged line following the release of the closely watched monthly jobs report. The major averages moved to the downside going into the close and ended the day in negative territory.…
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Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
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North American Morning Briefing: Focus Fixed on Jobs Report
Market Wraps Watch For: Employment Report for June; Canada Labour Force Survey for June Today’s Headlines/Must Reads – Yellen Says U.S. Doesn’t Seek ‘Winner Take All’ Fight With China – Read the Ingredients Before Buying This $25 Billion ETF – A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom Opening…
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US Futures, European Stocks Slip as Focus Turns to US Jobs Report
In the U.S., futures for the S&P 500 were down 0.2% 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 fell 0.3% in morning trading. Scatec rose 5.8% and Coca-Cola HBC added 3.9%. On the other…
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U.S. Stocks Close Notably Lower As Data Adds To Interest Rate Worries
Stocks saw significant weakness during trading on Thursday, extending the pullback seen during Wednesday’s session. The major averages regained some ground after an early sell-off but remained notably lower. After tumbling by more than 500 points in morning trading, the Dow ended the day down 366.38 points or 1.1 percent at 33,922.26. The Nasdaq slumped…
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Thursday’s Wall Street Highlights: BofA, Meta, Stellantis, American Airlines and more
US Index Futures operated lower on Thursday morning due to concerns arising from the minutes of the last monetary policy meeting in the United States, which raised fears about the cycle of monetary tightening. By 6:42 AM, Dow Jones futures (DOWI:DJI) was down 140 points, or 0.41%. S&P 500 futures were down 0.41%, while Nasdaq-100 futures…
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North American Morning Briefing: Fed Hawks Hit Stocks
Market Wraps Watch For: ADP National Employment Report for June; International Trade for May; Weekly Jobless Claims; EIA Weekly Petroleum Status Report; Canada Official International Reserves for June; Canada International Merchandise Trade for May Today’s Top Headlines/Must Reads: – Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output – AI Boom Stems…
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US Futures, European Stocks Slip Following Hawkish Fed Comments
In the U.S., futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average decreased 0.4%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.9% in morning trading. Samhaellsbyggnadsbolaget climbed 5.2% and United Utilities Group rose 3%. On the…