ADVFN US – Market Content Editor
-

Dollar was Weak In November
November was a very negative month for the dollar, with the DXY index falling by almost 4%, and the near-term outlook isn’t much better due to evidence of a weakening economy, Natixis Research said. “In an environment of soft landing for the economy and a potentially substantial cut in Fed Funds rates, the dollar will…
-

Stock Futures Struggle to Extend Rally Ahead of More Jobs Data
Stock futures were little changed on Thursday as global bond yields rose and traders eyed two more jobs reports that may impact the chances of the Fed cutting interest rates next year. Investors will wish to see confirmation from Thursday’s weekly unemployment claims data, and Friday’s nonfarm payrolls report, that the slower jobs market will…
-

Investment Insights: Expert Analyst Opinions on Biogen, Boeing, Chevron, Salesforce…
Agilent Technologies: Goldman Sachs maintains its buy recommendation and raises the target price from $128 to $145. Autozone: Morgan Stanley maintains its overweight rating and raises the target price from $2750 to $2900. Biogen: Raymond James upgrades to outperform from market perform with a target price of $283. Boeing: JP Morgan maintains its overweight recommendation…
-

US Futures Flat, European Stocks Decline as Data Eyed
U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.2% in morning trading. Viaplay Group Series B rose 9.1% and THG added 2.3%. On the other hand,…
-

Top Company News of the Day: Meta, Alibaba, AbbVie, Cerevel Therapeutics, BHP
Meta Starts Fully Encrypting Messages on Facebook and Messenger App Social-media giant is moving ahead with a privacy measure that government officials and others have warned could hide illegal activity by child predators and other criminals. Once Unstoppable, Alibaba Is Now Faltering Alibaba was a major driver of China’s growing consumer economy. Now it has…
-

U.S. Stocks Fail To Hold Early Gains, Close On Weak Note
After a positive start, stocks gave up their gains and moved along the flat line till around mid afternoon on Wednesday before drifting lower to end the day’s session on a weak note. The major averages all ended modestly lower. The Dow, which advanced to 36,292.58 in early trades, settled at 36,054.43, losing 70.13 points…
-

Private Sector Employment Up Less Than Expected
Private sector employment in the U.S. increased by less than expected in the month of November, payroll processor ADP revealed in a report released on Wednesday. ADP said private sector employment rose by 103,000 jobs in November after climbing by a downwardly revised 106,000 jobs in October. Economists had expected private sector employment to advance…
-

Private Sector Jobs Data May Contribute To Early Strength On Wall Street
The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to move to the upside following the lackluster performance seen in the previous session. Early buying interest may be generated in reaction to a report from payroll processor ADP showing private sector employment in the U.S. increased by…
-

Investment Insights: Expert Analyst Opinions on Autozone, Meta Platforms, Ocado, Dollar General…
Autozone: Raymond James upgrades to strong buy from outperform with a price target raised from $2850 to $3100. Builders Firstsource: B Riley Securities Inc. upgrades to buy from neutral with a price target raised from $128 to $177. Coinbase Global: Goldman Sachs maintains its sell recommendation and raises the target price from $55 to $123.…
