ADVFN US – Market Content Editor
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U.S. Stocks May Lack Direction In Early Trading
The major U.S. index futures are currently pointing to a roughly flat open on Wednesday, with stocks likely to show a lack of direction after ending the previous session mixed. U.S. stocks closed mixed on Tuesday after a cautious session, as investors looked ahead to the release of some crucial U.S. data, including a report…
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Doordash and Deliveroo Terminate Talks; Universal Announces UK Theme Park Plan, and More News
Doordash (NYSE:DASH), Deliveroo (LSE:ROO) – Doordash, a US meal delivery company, expressed interest in acquiring the UK-based Deliveroo, but negotiations were terminated due to disagreements over the company’s valuation. Currently, there are no ongoing negotiations between the two companies. Comcast (NASDAQ:CMCSA) – Universal, a division of Comcast Corp., plans to build a large theme park in…
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Dow Dips, Nasdaq Gains, Oil Prices Rise
U.S. index futures are mixed pre-market trading on Wednesday, driven by gains in Nvidia and optimism in the tech sector on Wall Street. U.S. Treasury yields are rising as investors analyze recent Fed statements and await important new economic data. At 6:15 AM, Dow Jones futures (DOWI:DJI) fell 21 points, or 0.06%. S&P 500 futures…
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U.S. Stocks Close On Mixed Note Again; Technology Stocks Rebound
U.S. stocks closed mixed on Tuesday after a cautious session, as investors looked ahead to the release of some crucial U.S. data, including a report on consumer income and spending, for more clarity about the outlook for Federal Reserve’s interest rates. Among the major averages, the Dow (DOWI:DJI) settled with a loss of 299.05 points…
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Nubank Adopts Bitcoin Lightning Network, Solana Introduces Link-Based Transactions, and More Crypto News
Nubank expands services by partnering with Lightspark to integrate Bitcoin Lightning Network Nubank (NYSE:NU), the largest fintech bank in Latin America, has partnered with Lightspark to integrate the Bitcoin Lightning Network and Universal Money Addresses into its platform. This collaboration aims to offer fast and low-cost transactions between Bitcoin (COIN:BTCUSD) and fiat currencies. The initiative…
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Metropolitan Home Prices, Consumer Confidence Reports Due
Standard & Poor’s is scheduled to release its report on home prices in major metropolitan areas in the month of April at 9 am ET. At 10 am ET, the Conference Board is due to release its report on consumer confidence in the month of June. The consumer confidence index is expected to dip to…
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Futures Pointing To Another Mixed Performance On Wall Street
The major U.S. index futures are currently pointing to a mixed open on Tuesday, as the Dow futures are down by 0.2 percent but the Nasdaq futures are up by 0.4 percent. U.S. stocks ended mixed on Monday as investors stayed largely cautious ahead of some crucial economic data, including a report on personal income…
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U.S. Index Futures Mixed Following Tech Sell-Off, WTI and Brent Crude Dip Slightly
U.S. index futures showed mixed results in Tuesday’s pre-market, following a tech sector sell-off the previous day, resulting in the Nasdaq Composite’s worst performance since April. Investors are focusing on financial results from Carnival and FedEx, along with a series of economic indicators to be released throughout the day. At 6:54 AM, Dow Jones futures…
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SolarEdge Stock Falls 13%, Wegovy Approved in China, Grail Nasdaq Debut, Apple Rejects Meta Chatbot
SolarEdge Technologies (NASDAQ:SEDG) – SolarEdge Technologies faces a 13.1% drop in pre-market trading after announcing the issuance of $300 million in senior convertible notes due 2029 and revealing that PM&M Electric, a customer owing $11.4 million, has declared bankruptcy under Chapter 7. Novo Nordisk (NYSE:NVO) – Novo Nordisk announced the approval of Wegovy in China,…
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U.S. Stocks End Mixed After Cautious Session
U.S. stocks ended mixed on Monday as investors stayed largely cautious ahead of some crucial economic data, including a report on personal income & spending due later in the week. Among the major averages, the Dow closed higher, extending gains to a fifth straight session. The index ended up by 260.88 points or 0.67 percent…