ADVFN US – Market Content Editor
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North American Morning Briefing: Treasury Yields Dive as Rate-Rise Fears Ease
Market Wraps Watch For: NFIB Index of Small Business Optimism for September; Wholesale Trade for August; Fedspeak from Neel Kashkari, Mary Daly, Christopher Waller; Earnings from PepsiCo Today’s Top Headlines/Must Reads: – Bond Yields Fall After Attack on Israel – Oil Prices Fall Back. Supply Fears Remain Amid Israel-Hamas War. – China’s Country Garden Succumbs…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.1% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 1% in morning trading. Rheinmetall added 7.1% and Samhaellsbyggnadsbolaget rose 5.3%. On the other hand, Softcat lost…
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Top Company News of the Day: General Motors, Country Garden, Huawei, Disney
Canadian Auto Workers Strike General Motors Canadian auto workers went on strike against General Motors after the carmaker failed to reach a temporary agreement by the deadline. China’s Country Garden Succumbs to Debt Crisis After Sales Drop The property giant failed to repay a loan and warned that it was unlikely to pay off all…
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U.S. Stocks Recover After Weak Start, Close On Firm Note
After staying weak till about an hour past noon, U.S. stocks recovered and climbed higher on Monday and eventually ended the day’s session on a fairly firm note. Rising geopolitical crisis in the Middle East hurt sentiment and set up a weak start for the market, and stocks mostly struggled till noon. However, the mood…
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Crypto This Monday: Cryptos In Decline, Binance Launches Copy Trading in Futures, and More
Cryptocurrencies fall with risk aversion but hold key positions On Monday, Bitcoin (COIN:BTCUSD) and other cryptocurrencies experienced declines due to risk aversion in global markets. Bitcoin dropped more than 1% in the last 24 hours, reaching around $27,632 after hitting $28,000 over the weekend. Despite the decline, Bitcoin remains above the $26,000 range and is…
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Futures Pointing To Initial Pullback On Wall Street
US Market The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to give back ground following the rally seen to close out the previous week. Traders may look to cash in on last Friday’s gains amid geopolitical tensions in the Middle East, as Israel has ordered a…
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Monday’s Wall Street Highlights: Exxon Mobil, Bristol-Myers, Disney, Lockheed Martin, and more
US index futures are declining on Monday morning due to an unprecedented Hamas attack on Israel, raising global concerns. The value of oil increased, intensifying instability in markets already vulnerable due to inflation and high interest rates. At 7:06 am, Dow Jones futures (DOWI:DJI) fell 165 points, or 0.49%. S&P 500 futures were down 0.60% and Nasdaq-100…
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North American Morning Briefing: Stock Futures Hit by Israel-Hamas Conflict; Oil Jumps
Market Wraps Watch For: Employment Trends Index for September; Canada financial markets closed for Thanksgiving holiday; Fed speak from Lorie Logan and Philip Jefferson Today’s Top Headlines/Must Reads: – Oil Prices Surge After Attack on Israel. What Comes Next. – ‘Fear trade’: What Israel-Hamas war means for oil prices and financial markets – It’s Bank…
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US Futures Down Amid Geopolitical Concerns
U.S. Futures are trending down on Monday morning as markets worldwide fret over the current geopolitical condition in Israel. Futures on the Nasdaq 100 (NDX), S&P 500 (SPX), and the Dow Jones Industrial Average (DJIA) are down by 0.76%, 0.82%, and 0.76%, respectively, at 4:00 a.m. EST, October 9. Hamas’ attack on Israel adds to…
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Top Company News of the Day: Bristol Myers Squibb, Disney, Citi, China Evergrande
Bristol Myers Squibb to Acquire Mirati Therapeutics in Deal Worth Up to $5.8 Billion The deal expands the pharmaceutical company’s portfolio of cancer drugs. Nelson Peltz Boosts Stake, Seeks Board Seats at Disney The activist’s Trian Fund Management has accumulated stake worth more than $2.5 billion to become one of the entertainment giant’s top holders.…