ADVFN US – Market Content Editor
-
U.S. Stocks May Move Modestly Higher In Early Trading
US Market The major U.S. index futures are currently pointing to a modestly higher open on Tuesday, with stocks likely to move back to the upside following the weakness seen in the previous session. Optimism the U.S. economy may be able to avoid a recession may contribute to early strength on Wall Street after the…
-
Tuesday’s Wall Street Highlights: Walgreens, Lordstown Motors, AMD and more
US stock futures show timid signs of recovery after Chinese Premier Li Qiang’s speech at the World Economic Forum, announcing the country’s intention to implement new, “more effective” measures to boost domestic demand. The sectors with the best pre-market performances are telephony, technology and energy. By 07:02 AM, Dow Jones (DOWI:DJI) futures were up 3 points, or…
-
North American Morning Briefing: Stock Futures Steady on China GDP Hope
Market Wraps Watch For: Durable Goods for May, S&P CoreLogic Case-Shiller Home Price Index for April, New Home Sales for May, Conference Board Consumer-Confidence for June; Canadian CPI for May; earnings from Jefferies, Korn Ferry, Walgreens Boots Alliance; Mastercard AGM Today’s Headlines/Must Reads – The Stock Market Isn’t as Calm as It Seems – Private-Equity…
-
US Futures, European Stocks Rise as Inflation Back in Focus for Investors
In the U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average climbed 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.4% in morning trading. Orpea added 8.7% and Prosus rose 8.2%. On the other hand,…
-
Top Company News of the Day: Lordstown, Aston Martin, Sequoia, Disney
EV Startup Lordstown Files for Bankruptcy The electric-truck maker, once cheered by investors during the SPAC boom and lauded by former President Donald Trump as a savior for a closed GM factory in Ohio, filed for bankruptcy. Aston Martin on Track to Hit Key Financial Targets Aston Martin said it expected to meet its targets…
-
U.S. Stocks Close Weak On Growth Worries; Nasdaq Sheds More Than 1 Percent
U.S. stocks closed lower on Monday with those from the technology sector suffering sharp losses. Worries about tighter monetary policies and the impact of higher rates on economic growth weighed on the market. Investors looked ahead to the results of Bank Stress Tests, and some crucial economic data releases this week. The major averages all…
-
Crypto This Monday: NEAR Soars After Alibaba Partnership, HSBC Makes Way for Crypto in Hong Kong, and More
Bitcoin holds new support on growing US interest At the open of Wall Street on June 26, Bitcoin (COIN:BTCUSD) price was at $30,500 with new support being held by the bulls. Buyer interest in the US boosted the market, especially due to announcements of institutional product applications based on the spot price of Bitcoin. US-led demand is on…
-
Futures Pointing To Roughly Flat Open On Wall Street
US Market The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction after moving notably lower last week. A lack of major U.S. economic data may keep some traders on the sidelines as they look ahead to the release of several…
-
Monday’s Wall Street Highlights: Goldman Sachs, IBM, Tesla, Lucid and more
US Index Futures start the week with a hedging bias, with stock markets and bond yields lower on Monday morning. The most recent economic data showed weakness in developed economies and the aggressive posture of central banks in relation to controlling inflation increases the risks of recession. This drives the week’s early flow into hard currency, fixed…
-
North American Morning Briefing: Investors Disregard Russia Chaos
Market Wraps Watch For: Texas Manufacturing Outlook Survey Today’s Top Headlines/Must Reads: – This Bull Market Is Just Getting Started, Traders Bet – Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes – Never Underestimate Central-Bank Groupthink – Tesla Leads Surge in Battered Clean-Energy Stocks Opening Call: Stock futures edged lower on Monday…