ADVFN US – Market Content Editor
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Dollar Remains Rangebound as Markets Eye Fed Appointment; Pound Awaits BoE Decision
The U.S. dollar traded within a narrow band early Wednesday, as attention centered on President Donald Trump’s upcoming decision on who will fill a key vacancy on the Federal Reserve’s Board of Governors. At 03:50 ET (07:50 GMT), the U.S. Dollar Index slipped 0.1% to 98.527, as the currency held steady following its biggest daily…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Rebound as Investors Digest Trade Impacts; AMD Slides, Novo Nordisk Plans Cost Cuts
U.S. stock futures moved higher on Wednesday morning, recovering from a previous session dip, as markets digested signs that U.S. tariffs may be affecting corporate earnings and broader economic momentum. By 03:43 ET, Dow futures were up 227 points (0.5%), S&P 500 futures rose 30 points (0.5%), and Nasdaq 100 futures gained 74 points (0.3%).…
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Stock Market Closes Lower Amid Renewed Economic Worries
The S&P 500 ended lower on Tuesday as unexpected weakness in U.S. services sector data raised fresh concerns about the strength of the economy, just as the corporate earnings season continues. At the closing bell (4:00 p.m. ET), the Dow Jones Industrial Average slipped by about 62 points, or 0.1%. The S&P 500 dropped 0.4%,…
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U.S. Stocks Move Back To The Downside Following Yesterday’s Rally
After initially extending yesterday’s rally in early trading, stocks moved mostly lower over the course of the session on Tuesday. The major averages all moved to the downside, partly offsetting Monday’s strong gains. The major averages all finished the day in negative territory. The Nasdaq slid 137.03 points or 0.7 percent to 20,916.55, the S&P…
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U.S. Stocks Edge Higher as Palantir Shines, Trade Deficit Shrinks
U.S. stock futures traded slightly higher on Tuesday, steadying after recent market swings as investors digested more corporate earnings reports. At 09:35 ET, the Dow Jones Industrial Average rose 60 points (0.1%), while the S&P 500 and NASDAQ Composite each gained 0.1%. Markets rallied on Monday, rebounding from last week’s sharp decline driven by renewed…
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U.S. Trade Gap Contracts More Than Forecast in June
The U.S. trade balance improved more than analysts projected in June, as government data released Tuesday showed a notable drop in imports. According to the Commerce Department, the trade deficit narrowed to $60.2 billion for the month, down from a revised $71.7 billion in May. Economists had anticipated a smaller contraction, with forecasts pointing to…
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Dow Jones, S&P, Nasdaq, U.S. Futures Signal Continued Momentum Following Strong Wall Street Rally
Futures on major U.S. stock indexes indicate a slightly higher open Tuesday, suggesting traders are ready to extend the robust gains recorded in Monday’s session. Technology shares appear poised to keep climbing after Palantir (NASDAQ:PLTR) posted strong second-quarter results. The software company’s stock jumped nearly 7% in early trading following a nearly 50% increase in…
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Intel Faces Challenges with New Manufacturing Process for Upcoming High-End PC Chips
Intel (NASDAQ:INTC) is encountering difficulties with the production yield of its latest high-performance laptop chips, according to a report by Reuters. Only a small fraction of semiconductors made using Intel’s new manufacturing technique have met the quality standards required for consumer sales. Two insiders familiar with Intel’s test results told Reuters that the relatively low…
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Coinbase shares decline following $2 billion convertible notes offering
Coinbase Global (NASDAQ:COIN) saw its stock dip 1% Tuesday morning after the cryptocurrency exchange announced a $2 billion offering of convertible senior notes targeted at qualified institutional buyers. The offering consists of $1 billion in notes maturing in 2029 and another $1 billion due in 2032. Additionally, initial purchasers have the option to buy up…
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Frontdoor shares surge nearly 5% as Q2 earnings beat expectations
Frontdoor, Inc. (NASDAQ:FTDR) reported second-quarter 2025 results on Tuesday that surpassed analyst expectations, driven by robust revenue growth and margin improvement. The home warranty provider’s shares rose 4.96% in pre-market trading following the announcement. The company posted adjusted earnings per share of $1.63, exceeding the consensus estimate of $1.45 by $0.18. Revenue climbed 14% to…