Category: Include on Menu
-
Nasdaq Reaches New Record Closing High But Dow Moves Lower
The major U.S. stock indexes all moved higher during trading on Monday but returned to the mixed performance seen to close out the previous week on Tuesday. While the tech-heavy Nasdaq showed a notable advance to reach a new record closing high, the Dow closed lower for the sixth time in the past seven sessions.…
-
Bitcoin Surpasses $72K Before Elections; Consensys Lays Off Staff and Sues SEC
Bitcoin reaches $72,992 peak before US elections Bitcoin (COIN:BTCUSD) rose 4% in the last 24 hours, currently at $72,720, after hitting an intraday high of $72,992, its highest level since Q2 2024. This increase was driven by factors like the US presidential election and support from candidates like Trump, who advocates for a strategic Bitcoin…
-
Futures Pointing To Modestly Lower Open On Wall Street
The major U.S. index futures are currently pointing to modestly lower open on Tuesday, with stocks likely to give back ground after ending the previous session mostly higher. Uncertainty ahead of the release of key U.S. economic data in the coming days may lead some traders to cash in on yesterday’s gains. The monthly jobs…
-
US Futures Rise as Investors Await Major Earnings; Oil Prices Rebound with US Reserve Refill Plan
U.S. index futures rose in Tuesday’s pre-market as investors anticipate key corporate earnings. Reports from companies like Pfizer (NYSE:PFE), McDonald’s (NYSE:MCD), and later Alphabet (NASDAQ:GOOGL), AMD (NASDAQ:AMD), and Visa (NYSE:V) are on investors’ radars. At 4:41 AM, Dow Jones futures (DOWI:DJI) were up 4 points, or 0.01%. S&P 500 futures gained 0.10%, while Nasdaq-100 futures…
-
HSBC Reports $8.5 Billion Profit; Boot Barn Announces New CEO and Projections; TMDX Drops 24%, VFC Surges 22%
HSBC Holdings (NYSE:HSBC) – In the third quarter, HSBC reported a profit of $8.5 billion, surpassing projections of $7.6 billion. Revenue rose 5% to $17 billion, especially in the FX, global debt, and wealth sectors. The bank also announced an additional $3 billion share buyback, and the interim dividend was set at $0.10 per share.…
-
U.S. Stocks Pull Back Off Early Highs But Close Mostly Positive
After showing a strong move to the upside early in the session, stocks gave back ground over the course of the trading day on Monday but managed to end the day mostly higher. The major averages all finished the day in positive territory after turning in mixed performances over the two previous sessions. The Dow…
-
Robinhood Enters the Election Prediction Market; Bitcoin Tests Resistance; BTC ETFs Attract $997.7M in One Week
Bitcoin resumes rally and tests resistance Bitcoin (COIN:BTCUSD) rose 1.8% in the last 24 hours, recovering losses after dipping to $65,700 on Friday due to a DOJ investigation report on Tether. Tether denied the allegations, and Bitcoin is now trading above the $69,000 mark at $68,054, fueled by a rally that began on Sunday. Meanwhile,…
-
Steep Drop By Oil Prices May Lead To Initial Strength On Wall Street
The major U.S. index futures are currently pointing to initial strength on Wall Street on Monday, with stocks likely to move mostly higher after turning in a mixed performance last week. Early buying interest may be generated amid a steep drop by the price of oil, as crude oil for December delivery is plummeting $4.36…
-
US Futures Rise; Oil Prices Drop Over 5% as Middle East Tensions Ease
US index futures rose in Monday’s pre-market as investors awaited major tech earnings, boosting Nasdaq prospects. Optimism was furthered by easing geopolitical tensions following Israel’s strikes on Iran, which avoided critical targets. Traders also look to key economic data this week, including GDP, PCE, and the September jobs report. At 5:21 AM, Dow Jones futures…
-
Philips Sales Forecast Cut Sparks Stock Plunge; BP Resumes Libya Exploration; Alibaba Settles for $433 Million
Philips (NYSE:PHG) – In the third quarter, Philips recorded €4.4 billion in sales, a 2% annual decline, though net income doubled to €181 million, and diluted earnings per share rose from €0.09 to €0.19. Adjusted EBITA increased to €516 million, up from €456 million the previous year, reflecting higher margins and a focus on productivity.…