ADVFN US – Market Content Editor
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Top Company News of the Day: Unilever, Shell, Remy Cointreau, Alstom
Unilever Lifts Guidance as Sales Growth Tops Views Unilever posted underlying sales growth of 7.9% for the second quarter, ahead of consensus forecasts, as price increases outweighed a slight decline in volumes, and it raised its full-year sales target. Shell to Sell 35% Interest in Indonesia’s Masela Block for Up to $650 Million Shell is…
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U.S. Stocks Move Mostly Higher, Dow Extends Winning Streak
After ending last Friday’s trading narrowly mixed, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside, with the Dow once again reaching its best closing level in well over a year. The major averages gave back some ground going into the close but remained in positive territory. The…
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Crypto This Monday: Worldcoin (WLD) launches, DOGE rises after Twitter rebrand, and more
Bitcoin starts week with drop Bitcoin (COIN:BTCUSD) started the week on a low note, recording a -3.35% drop over the last 24 hours and trading around $29,076. The digital asset market is in a tight trading range, reflecting investor caution. The recent lull in major crypto assets suggests that investors are waiting for positive developments before taking…
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U.S. Stocks May See Initial Strength As Fed Decision Looms
US Market The major U.S. index futures are currently pointing to a modestly higher open on Monday, with stocks likely to move to the upside after ending last Friday’s trading narrowly mixed. The markets may continue to benefit from recent upward momentum, which has contributed to a ten-day winning streak for the Dow. The recent…
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Monday’s Wall Street Highlights: Chevron, AMC, Posco Holdings, Philips, and more
US Index Futures are up in premarket trading on Monday, awaiting for economic activity data and the Federal Reserve’s decision this week. European markets also operate higher with investors digesting lower-than-expected results and waiting for the release of interest rates by the European Central Bank (ECB). By 07:01 AM, Dow Jones futures (DOWI:DJI) were up 30…
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North American Morning Briefing: Investors Primed This Week For Fed, More Heavyweight Earnings
Market Wraps Watch For: Chicago Fed National Activity Index; Flash Manufacturing, Services PMI; earnings from Domino’s Pizza, Logitech, Whirlpool Today’s Headlines/Must Reads – Why the Fed Isn’t Ready to Declare Victory on Inflation – The Inflation Giant Has Awakened. Why Price Growth Will Persist – The Tech Rally’s Next Big Test Is Earnings – Why…
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US Futures Rise, European Stocks Fall as Market Awaits Central-Bank Decisions
In the U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average increased 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. Ocado Group added 10.7% and Julius Baer Gruppe climbed 4.5%. On…
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Top Company News of the Day: Philips, Vodafone, Ryanair, Posco Holdings
Philips Nudges Up Targets as Profits Rise Philips posted earnings of EUR681 million in the second and said it expected an adjusted Ebitda margin at the upper end of the high-single-digit range for 2023 and mid-single-digit comparable sales growth. Vodafone Service Revenue Improves, Keeps Outlook Vodafone reported group service revenue growth of 3.7% in the…
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U.S. Stocks Close Little Changed Following Lackluster Session
Following the mixed performance seen during Thursday’s session, stocks showed a lack of direction throughout much of the trading day on Friday. The major averages spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day narrowly mixed. While the Nasdaq slipped 30.50 points or 0.2 percent to…
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Crypto This Friday: Uniswap Founder’s Twitter Hacked, Solana Improves Reliability, and More
Social engineering scam on Twitter exposing risks in cryptocurrency accounts On Twitter, members of Crypto quickly warned of a scam promoted on the compromised account of Hayden Adams, founder of Uniswap. The scam included fake tweets claiming that Uniswap’s Permit2 contract had been affected and users’ tokens were at risk, encouraging them to click on a…