ADVFN US – Market Content Editor

A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May. The Labor Department said import prices fell by 0.4 percent in May following a 0.9 percent advance in April. Economists had expected import prices to inch up by 0.1 percent. Prices for…

The major U.S. index futures are currently pointing to a lower open on Friday, with stocks likely to give back ground after ending yesterday’s choppy trading session mostly higher. Profit taking may contribute to initial weakness on Wall Street after the Nasdaq and the S&P 500 ended the previous session at new record closing highs.…

U.S. index futures fell in pre-market trading this Friday, following the record closes of the S&P 500 and Nasdaq, driven by the recovery in the technology sector. Treasury yields are down, reflecting expectations that the Federal Reserve might cut interest rates later this year, in response to signs of disinflation. At 6:38 AM, Dow Jones…

Founder of Curve Finance faces liquidation after CRV token drop Michael Egorov, the founder of Curve Finance (COIN:CRVUSD), faced liquidation after the CRV token hit an all-time low of $0.22. Approximately 100 million CRV were liquidated, totaling $27 million, but Egorov still holds 39.35 million CRV securely. This situation triggered widespread liquidations, causing concern among…

The Labor Department released a report on Thursday showing an unexpected increase by first-time claims for U.S. unemployment benefits in the week ended June 8th. The report said initial jobless claims climbed to 242,000, an increase of 13,000 from the previous week’s unrevised level of 229,000. Economists had expected jobless claims to edge down to…

The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to see further upside after ending the previous session sharply higher. While the Federal Reserve lowered its forecast for interest rate cuts this year on Wednesday, stocks may continue to benefit from optimism about the outlook for rates…

U.S. index futures are mixed in pre-market trading this Thursday, with the S&P 500 above 5,400 points. Investors are awaiting new inflation data and analyzing the recent Federal Reserve decision on interest rates, as well as a lower-than-expected consumer inflation reading for May. At 6:42 AM, Dow Jones (DOWI:DJI) futures fell 134 points, or 0.35%.…