ADVFN US – Market Content Editor
-
U.S. Stocks Close Higher On Bargain Hunting; Nasdaq Outperforms
After turning in a mixed performance on Friday, U.S. stocks climbed higher on Monday, riding on the strength of technology shares. Bargain hunting contributed a bit to market’s uptick today. Activity in the market was somewhat subdued due to a lack of major U.S. economic data. Reports on import and export prices, retail sales, industrial…
-
Crypto This Monday: HBAR Jumps, Trump Unveils Crypto Equity, PayPal Introduces Cryptocurrencies Hub, and More
Hedera Hashgraph and the rise driven by FedNow Hedera Hashgraph’s HBAR token (COIN:HBARUSD) is up 17.65% at press time. The move came after the Federal Reserve’s FedNow added Hedera-based micropayments platform Dropp. FedNow is the Fed’s instant payment service. Meanwhile, Bitcoin (COIN:BTCUSD) and Ethereum (COIN:ETHUSD) are up 1.05% and 0.68% over the last 24 hours, respectively. BALD’s…
-
Futures Pointing To Roughly Flat Open On Wall Street
US Market The major U.S. index futures are currently pointing to a roughly flat open on Monday, with stocks likely to show a lack of direction following the mixed performance seen in the previous session. A lack of major U.S. economic data is likely to keep traders on the sidelines ahead of the release of…
-
Monday’s Wall Street Highlights: US Steel, Tesla, Nikola, AMC Entertainment, and more
US index futures are up in premarket trading on Monday, signaling a recovery after the previous week’s falls, which were influenced by fears related to inflation and interest rates in the global scenario. By 6:47 AM, Dow Jones futures (DOWI:DJI) were up 88 points, or 0.25%. S&P 500 futures were up 0.29% and Nasdaq-100 futures were…
-
North American Morning Briefing: Stock Futures Firmer Despite More China Stress
Market Wraps Watch For: Earnings from Suncor Energy, Getty Images, Rumble Today’s Top Headlines/Must Reads: – China’s Deepening Housing Problems Spook Investors – The Economic Losers in the New World Order – U.S. Steel Rejects Offer From Cleveland-Cliffs – China’s Worsening Economy Is Hurting Corporate America Opening Call: Stock futures were higher on Monday, despite…
-
3 Issues To Watch For This Week: Fed, Economic Data, Earnings
Investors this week will look to the US Federal Reserve’s (Fed) minutes from last month’s meeting, due to be released on the 16th, for clues about the future outlook for US interest rates. And retail sales data and earnings of major retailers will help spot consumer spending trends in the US, while China’s industrial production…
-
US Futures, European Stocks Mixed as Inflation Concerns Return
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.1% in morning trading. Koninklijke Philips rose 5.3% and Afry climbed 3.5%. On the other hand,…
-
Top Company News of the Day: China, Cleveland-Cliffs, L’Occitane, CBS
China’s Worsening Economy Is Hurting Corporate America Caterpillar and DuPont are among the big companies that are lowering their expectations for a postpandemic boom. Chinese Developers’ Shares Slump on Country Garden News, Weak Credit Data Shares of Chinese property developers fell sharply weighed by negative news, including property giant Country Garden’s suspension of bond trading,…
-
U.S. Stocks Close Mixed Following Producer Price Inflation Data
Following the release of producer price inflation data, the major U.S. stock indexes turned in a mixed performance during trading on Friday. The tech-heavy Nasdaq slid 93.14 points or 0.6 percent to 13,644.85, ending the session at its lowest closing level in well over a month. The S&P also edged down 4.78 points or 0.1…
-
Crypto this Friday: Visa Tests Ether Fees, Kraken Outperforms Coinbase on Altcoins, SEC Delays ARK ETF
SEC postpones decision on ARK Bitcoin ETF SEC has postponed the decision on the Bitcoin ETF proposed by ARK Investment Management. On August 11, SEC launched a 21-day public comment period for the ETF. ARK had filed in May, and SEC has until January 2024 to decide. To be listed, the ETF needs to meet certain regulatory criteria. Cathie…