ADVFN US – Market Content Editor
-
US Futures and European Stocks Down as Investors’ Expectations of Further Interest-Rate Hikes Harden on U.S. Data
In the U.S. futures for the S&P 500 were down 0.4% and futures for the Dow Jones Industrial Average fell 0.3%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 declined 0.3% in morning trading. Orpea rose 4% and Entra rose 3.3%. On the other hand,…
-
Top Company News of the Day: Icahn, TPG, Novartis, Fisker
Icahn Gets Breathing Room From Lenders Following Short-Seller Attack Deal unties his personal loans from the trading price of Icahn Enterprises. TPG to Buy Forcepoint Unit From Francisco Partners for $2.45 Billion The carve-out of Forcepoint’s government cybersecurity business comes less than three years after technology-focused Francisco Partners bought the company. Novartis Keeps Outlook Despite…
-
U.S. Stocks Finish Volatile Session In The Red Following Jobs Report
Stocks saw substantial volatility over the course of the trading session on Friday, with the major averages showing wild swings back and forth across the unchanged line following the release of the closely watched monthly jobs report. The major averages moved to the downside going into the close and ended the day in negative territory.…
-
Crypto This Friday: Executives Resign at Binance, Aptos Network Compromised, and More
BitMEX Co-Founder predicts Bitcoin elected by AI and hitting $760,000 According to Arthur Hayes, co-founder of the BitMEX exchange, Bitcoin (COIN:BTCUSD) will become the artificial intelligence (AI) currency, with a potential to reach $760,000 per coin. Hayes argues that as AI becomes prevalent, Bitcoin will become the logical choice of currency due to its unique qualities…
-
Futures Turn Positive Following Closely Watched Jobs Report
US Market The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. The futures turned positive as the Labor Department’s closely watched monthly jobs report showed employment increased by less than expected in June, easing concerns about…
-
Friday’s Wall Street Highlights: Alibaba, Biogen, Uber, Meta, Amazon, Costco and more
US index futures are moving with no clear direction, with a bearish trend, due to anticipation around the June US jobs report, Payroll. Investors are waiting for the data to assess the performance of the job market and its possible influence on the economy. By 07:01 AM, Dow Jones Futures (DOWI:DJI) were down 3 points, or…
-
North American Morning Briefing: Focus Fixed on Jobs Report
Market Wraps Watch For: Employment Report for June; Canada Labour Force Survey for June Today’s Headlines/Must Reads – Yellen Says U.S. Doesn’t Seek ‘Winner Take All’ Fight With China – Read the Ingredients Before Buying This $25 Billion ETF – A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom Opening…
-
US Futures, European Stocks Slip as Focus Turns to US Jobs Report
In the U.S., futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 0.3% in morning trading. Scatec rose 5.8% and Coca-Cola HBC added 3.9%. On the other…
-
Top Company News of the Day: Shell, Clariant, Twitter, Meta, Samsung
Shell to Book Charge as Upstream Output Falls Shell said it expected to book after-tax impairments of up to $3 billion for the second quarter of 2023, and that upstream production declined from the first three months of the year. Clariant Lowers 2023 Guidance on Disappointing Second Quarter Clariant forecast underlying earnings of CHF650-CHF700 million…
-
U.S. Stocks Close Notably Lower As Data Adds To Interest Rate Worries
Stocks saw significant weakness during trading on Thursday, extending the pullback seen during Wednesday’s session. The major averages regained some ground after an early sell-off but remained notably lower. After tumbling by more than 500 points in morning trading, the Dow ended the day down 366.38 points or 1.1 percent at 33,922.26. The Nasdaq slumped…