ADVFN US – Market Content Editor

  • U.S Trade Deficit Widened, Oil Inventories Report Due

    U.S Trade Deficit Widened, Oil Inventories Report Due

    With imports increasing by more than exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened in the month of December. The Commerce Department said the trade deficit increased to $62.2 billion in December from a revised $61.9 billion in November. Economists had expected the trade deficit to narrow to…

  • Futures Pointing To Initial Strength On Wall Street

    Futures Pointing To Initial Strength On Wall Street

    The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to add to the modest gains posted during yesterday’s choppy trading session. The markets may benefit from recent upward momentum, which helped lift the Dow and S&P 500 to record highs last week despite waning optimism about the…

  • U.S. Index Futures Dip Ahead of Key Earnings Reports, Oil Prices Climb

    U.S. Index Futures Dip Ahead of Key Earnings Reports, Oil Prices Climb

    In Wednesday’s pre-market, U.S. index futures show a negative trend, reflecting investor uncertainty as they await a new round of quarterly reports from renowned companies. At 5:49 AM, Dow Jones futures (DOWI:DJI) fell 38 points, or 0.10%. S&P 500 futures dropped 0.07%, and Nasdaq-100 futures were stable. The 10-year Treasury bond yield was at 4.121%.…

  • Moody’s Downgrades NYCB to Junk Status, Ford Declares Special Dividend, and Other Market Updates

    Moody’s Downgrades NYCB to Junk Status, Ford Declares Special Dividend, and Other Market Updates

    Moody’s (NYSE:MCO), New York Community Bancorp (NYSE:NYCB) – Moody’s downgraded the long-term and some short-term ratings of New York Community Bancorp to junk on Tuesday, with warnings of potential downgrades. The downgrade reflects high governance risks and potential sensitivity to confidence due to significant losses in commercial real estate loans. NYCB shares are down 9.76%…

  • U.S. Stocks Finish Choppy Trading Day Modestly Higher

    U.S. Stocks Finish Choppy Trading Day Modestly Higher

    Following the significant volatility seen over the past few sessions, stocks showed a lack of direction throughout the trading day on Tuesday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing modestly higher. The Dow climbed 141.24 points or 0.4 percent to 38,521.36, the S&P 500 rose…

  • Crypto: Robinhood and MetaMask Join Forces, XMR and MULTI Plummet on Tuesday, and More

    Crypto: Robinhood and MetaMask Join Forces, XMR and MULTI Plummet on Tuesday, and More

    Innovative partnership between Robinhood and MetaMask makes crypto buying easier The partnership between Robinhood (NASDAQ:HOOD) and MetaMask brings an exciting development to the cryptocurrency market in the United States: the integration of Robinhood Connect with MetaMask’s Buy Crypto aggregator. This collaboration aims to simplify the cryptocurrency purchasing experience for Robinhood users, combining the cost efficiency…

  • Treasury Dept Due To Announce Three-Year Notes Auction Results

    Treasury Dept Due To Announce Three-Year Notes Auction Results

    Cleveland Federal Reserve President Loretta Mester is scheduled to speak before the Ohio Bankers League Economic Summit at 12 pm ET. At 1 pm ET, the Treasury Department is due to announce the results of this month’s auction of $54 billion worth of three-year notes. Minneapolis Federal Bank President Neel Kashkari is also scheduled to…

  • U.S. Stocks May Lack Direction Following Recent Volatility

    U.S. Stocks May Lack Direction Following Recent Volatility

    The major U.S. index futures are currently pointing to a roughly flat open on Tuesday, with stocks likely to show a lack of direction after recovering from early weakness but still closing mostly lower on Monday. Traders may be reluctant to make significant moves amid uncertainty about the near-term outlook for the markets following recent…

  • US Index Futures Mixed, Oil Prices Edge Higher

    US Index Futures Mixed, Oil Prices Edge Higher

    U.S. index futures show a mixed behavior, reflecting the volatility brought about by a recent rise in Treasury yields and the growing market anxiety that the Federal Reserve might adopt a more cautious stance on interest rate cuts than initially anticipated by Wall Street. At 06:00 AM, Dow Jones futures (DOWI:DJI) fell 65 points, or…

  • Boeing Faces Strike Threat, Palantir Up 18% After Recording its First Profitable Year, and More

    Boeing Faces Strike Threat, Palantir Up 18% After Recording its First Profitable Year, and More

    Boeing (NYSE:BA) – The FAA announced that 94% of Boeing 737 MAX 9 planes have returned to service after a suspension caused by an air emergency. The inspections included a detailed review, and investigations are ongoing. The FAA is reassessing its oversight of Boeing, considering possible changes in inspection approaches and relations with the manufacturer.…