ADVFN US – Market Content Editor
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US Futures, European Stocks Slip
In the U.S. futures for the S&P 500 were down 0.7% and futures for the Dow Jones Industrial Average fell 0.6%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.7% in morning trading. Orpea climbed 3.8% and Barclays rose 1.7%. On the other hand,…
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Top Company News of the Day: Intel, Guangdong Adway Construction, Ford, Hollywood
Intel’s Big Chip-Making Push in Germany Hits Bottleneck A worker shortage and high energy prices in the country pose challenges for the U.S. company’s planned semiconductor factory. Guangdong Adway Construction Files for Bankruptcy Guangdong Adway Construction has filed for bankruptcy in a Shenzhen court due to its inability to repay debts amid China’s stressed real-estate…
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U.S. Stocks Finish Choppy Trading Day Mostly Higher
Following the sell-off seen last week, stocks showed a lack of direction over the course of the trading session on Monday. The major averages spent the day bouncing back and forth across the unchanged line before closing in positive territory. The major averages moved to the upside going into the close of trading. The Nasdaq…
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Crypto this Monday: HTX and Mixin Network Hacked, Upbit Stops APT Transactions, and More
Bitcoin faces decline and strong dollar Bitcoin (COIN:BTCUSD) opened at $26,000 on September 24, with a significant weekly drop severely impacting its price trajectory. Analysis shows uncertainty in BTC price after briefly breaking $26,000 support. Analysts such as BaroVirtual and Rekt Capital indicate a possible Bitcoin decline to the $22,000 to $20,000 range if resistance is not…
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Futures Pointing To Continued Weakness On Wall Street
US Market The major U.S. index futures are currently pointing to a lower open on Monday, with stocks likely to see further downside following the sharp decline last week. Concerns about the outlook for interest rates may continue to weigh on Wall Street following last week’s Federal Reserve meeting. The Fed left interest rates unchanged…
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Monday’s Wall Street Highlights: Ford, Amazon, Paramount, Nike and more
US index futures are down in pre-market trading this Monday, amid a broad return of risk aversion sentiment, due to indications from central banks that interest rates will remain high for an extended period. At 06:55, Dow Jones (DOWI:DJI) futures dropped 15 points, or 0.04%. S&P 500 futures fell 0.05% and Nasdaq-100 futures fell 0.08%.…
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North American Morning Briefing: Stock Futures Weaker as Yields Climb Toward 4.5%
Market Wraps Watch For: Nothing major scheduled Today’s Headlines/Must Reads – U.S. Economy Could Withstand One Shock, but Four at Once? – Why Are Tech Stocks Down? Bond Yields Are Up – Amazon to Invest Up to $4 Billion in Anthropic as AI Arms Race Escalates – China Gets Tough on Insider Selling to Arrest…
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US Futures Rise, European Stocks Drop
In the U.S. futures for the S&P 500 were up 0.4% and futures for the Dow Jones Industrial Average rose 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.2% in morning trading. Samhaellsbyggnadsbolaget added 22.3% and Ubisoft Entertainment climbed 5.2%. On the other…
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Top Company News of the Day: Evergrande, Hollywood, Perdue, Tyson, Meta
China Evergrande Shares Fall After Developer Scraps Restructuring Plan China Evergrande’s shares fell after the property developer scrapped a $35 billion debt-restructuring plan and said it is unable to issue new debt. Hollywood Writers Reach Agreement with Studios, Streamers to End Strike The deal, which still has to be ratified by members, could open the…
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U.S. Stocks Close Modestly Lower Following Late-Day Volatility
After an early move to the upside, stocks saw substantial volatility in the latter part of the trading session on Friday. The major averages showed wild swings back and forth across the unchanged line before eventually ending the day modestly lower. The tech-heavy Nasdaq edged down 12.18 points or 0.1 percent 13,211.81, its lowest closing…