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Wednesday’s Wall Street Highlights: Amazon, Costco, Sirius XM, Electronic Arts, Peloton, and more
US Index Futures are trending upward on Wednesday, reflecting the possibility of new stimuli in China and a temporary agreement to maintain U.S. government funding, with Wall Street aiming to recover from significant declines in the previous session. As of 06:55, Dow Jones futures (DOWI:DJI) rose 88 points, or 0.26%. S&P 500 futures increased by…
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North American Morning Briefing: Stock Futures Helped by Retreating Bond Yields
Market Wraps Watch For: Durable Goods for August, EIA Weekly Petroleum Report; Earnings from Micron Technology Today’s Top Headlines/Must Reads: – The Stock Market Has an Earnings Problem – Chinese Central Bank Vows to Step Up Policy Support – This Ford vs. GM Feud Could Shape the Future of EVs in America Opening Call: A…
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US Futures Rise, European Stocks Mostly Flat
In the U.S. futures for the S&P 500 were up 0.3% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.1% in morning trading. Adyen added 4.2% and Dometic Group climbed 4.1%. On the other…
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Top Company News of the Day: Samsung, CIFI, TikTok, Musk
Samsung SDI to Invest $2 Billion in Second Stellantis Battery JV Plant The plant aims to start mass production in 2027, with an annual production capacity of 34 gigawatt hours. Chinese Developer CIFI Drops After Swing to Net Loss Shares in CIFI Holdings slid as the company resumed trading after reporting a first-half net loss…
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Worries About Interest Rates, Economy Lead To Sell-Off On Wall Street
Stocks moved sharply lower over the course of the trading day on Tuesday, more than offsetting the moderate rebound seen during Monday’s session. The major averages all showed significant moves to the downside, falling to their lowest closing levels in over three months. The major averages climbed off their worst levels going into the close…
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Crypto this Tuesday: Chase UK Bans Crypto Transactions, Coinbase Registers with Bank of Spain, and more
Study reveals only 3% of crypto professionals receive salaries in cryptocurrencies According to a study by Pantera Capital, 97% of professionals in the crypto industry receive their salaries in fiat currencies, while only 3% are paid in cryptocurrencies. The majority of crypto earners opt for stablecoins like USDC and USDT, with 13% choosing bitcoin. Cryptography engineers have…
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U.S. Stocks May Move Back To The Downside In Early Trading
US Market The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to move back to the downside after ending yesterday’s choppy trading session moderately higher. Traders may look to cash in on the previous session’s gains amid ongoing concerns about the outlook for interest rates. Last week,…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Here are some of the biggest premarket U.S. stock movers today: Don’t Trade Without Seeing The Orderbook Tesla (NASDAQ:TSLA) stock fell 0.8% after the Financial Times reported that the EV manufacturer’s export vehicles from China to the European Union will be included in the EU’s investigation into whether China’s electric vehicle industry is benefiting from unfair subsidies. United…
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USA Casts Doubt on Its Top Credit Rating Due to Fiscal Risk, Warns Moody’s
Moody’s Investors Service, the sole major credit rating agency still awarding the United States its top ‘AAA’ rating, has signaled a diminishing confidence in light of a potential government shutdown. In the event that this scenario unfolds, although “debt service payments would not be affected, and a short-term shutdown would unlikely disrupt the economy, the…
