ADVFN US – Market Content Editor
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North American Morning Briefing: Stock Futures Stall Ahead of Fed Minutes
Market Wraps Watch For: PPI for September; FOMC Meeting Minutes; Canada Building Permits for August Today’s Top Headlines/Must Reads: – Profits Are Making a Comeback – Muni Funds That Use Borrowed Money Take a Big Hit – Israeli Cyber Companies Rally as Digital, Physical Assaults Continue Opening Call: Bond yields fell further on Wednesday, but…
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US Futures Flat, European Stocks Fall
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures don’t necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. THG added 5.9% and Novo Nordisk Series B climbed 4.1%. On the other hand,…
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Top Company News of the Day: Walgreens, Amazon, Samsung, Louis Vuitton
Pharmacy Giant Walgreens Taps Tim Wentworth to Be CEO The incoming chief executive faces a tough challenge, with a core business under pressure due to pharmacy-benefit managers such as his former employer Express Scripts. Amazon Wants You to ‘Buy Again’ A new feature tested in the company’s app encourages repeat purchases in a bid for…
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U.S. Stocks Close On Firm Note As Treasury Yields Drop
After opening on a slightly subdued note, U.S. stocks climbed higher and held firm right through the day’s session on Tuesday to eventually close with solid gains. Despite concerns about the ongoing war in the Middle East, the mood in the market remained positive as dovish comments from Federal Reserve officials lowered expectations for further…
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Crypto This Tuesday: Crypto Aid Israel Launched, Binance Freezes Hamas Accounts, and More
Bitcoin maintains stability amid the war between Israel and Hamas Although crypto markets suffered a 2% drop on Monday as the Israel-Palestine conflict created geopolitical uncertainty, Bitcoin (COIN:BTCUSD) remains remarkably stable. The price of Bitcoin saw few significant fluctuations during the escalation of violence, defying previous predictions. While geopolitical tensions have historically influenced markets, Bitcoin has appeared…
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Pullback By Treasury Yields May Lead To Strength On Wall Street
US Market The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to add to the gains posted in the previous session. Early buying interest may be generated in reaction to a pullback by treasury yields, as activity in the bond market has been a key driver of…
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Oil Market Pauses Due To Caution And Uncertainty About The Impact Of The Turmoil In Israel
Investors pressed the pause button on the oil market recovery to assess the impact of the conflict in the Middle East. After a rise of more than 4% in prices due to fears that the conflict could spread beyond Gaza, the reference indices fell moderately due to the lack of estimates on the situation of…
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PepsiCo Boosts Profit Outlook Again as Price Increases Fail to Impact Demand
PepsiCo Inc (NASDAQ:PEP) raised its annual profit forecast for the third time this year on Tuesday, relying on the numerous price hikes it implemented across its major markets and the resilient demand for its snacks and beverages. Shares of the company, which owns brands like Mirinda and Gatorade, climbed more than 2% in premarket trading…
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Tuesday’s Wall Street Highlights: GM, Unity, Northrop Grumman, ParaZero, PepsiCo, and More
US index futures advanced in pre-market trading on Tuesday, extending the positive momentum from the previous day. This came in response to optimistic comments about interest rates in the U.S., contributing to improved investor sentiment. At 06:53 AM, Dow Jones (DOWI:DJI) futures rose by 79 points, or 0.23%. S&P 500 futures increased by 0.22%, and…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Don’t Trade Without Seeing The Orderbook ANALYST RECOMMENDATIONS: Alnylam Pharmaceuticals (NASDAQ:ALNY): Bernstein maintains its outperform recommendation and reduces the target price from $237 to $218. Aon (NYSE:AON): Evercore ISI maintains its in-line recommendation with a price target raised from $322 to $323. Chubb (NYSE:CB): Evercore ISI maintains its outperform rating and raises the target price from $239…