ADVFN US – Market Content Editor
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North American Morning Briefing: China Data Revives Growth Worries as Fed Minutes Awaited
Market Wraps Watch For: Factory Orders for May; FOMC meeting minutes and economic forecast Today’s Headlines/Must Reads – Markets Ignore the Looming Debt Peril – The Fed and Investors Could All Be Wrong on Rates – China’s Export Curb on Chip-Making Metals Prompt Countries to Explore Supply-Chain Diversification – Binance.US Crypto Market Share Plummets Opening…
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US Futures, European Stocks Fall Ahead of Fed Minutes
In the U.S. futures for the S&P 500 were down 0.2% and futures for the Dow Jones Industrial Average decreased 0.2% Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.3% in morning trading. Koninklijke Vopak climbed 4.1% and Samhaellsbyggnadsbolaget rose 3.3%. On the other…
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Top Company News of the Day: Twitter, Meta, Amazon, Pfizer
Twitter’s Challenges Heat Up as Meta Prepares Rival App The new threat comes as Elon Musk’s company offered further explanation for its controversial cap on how many tweets users can see. Amazon Rolls Out Rivian’s Electric Vans in Europe The tech giant said more than 300 electric delivery vehicles will be rolled out across Germany…
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Crypto This Tuesday: Hong Kong to Launch Stablecoin, Coinbase Dominates Market, and More
Justin Bieber’s NFTs suffer 95% devaluation Justin Bieber, famous singer and international star, has been facing losses since joining the notorious Bored Ape Yacht Club (BAYC) of the NFT world last year. The two NFTs he acquired have suffered a 95% devaluation and are now worth much less than what they initially paid. NFTs have gained popularity…
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Top Company News of the Day: Binance, Threads, Paine Schwartz, MediaMath
Crypto Giant Binance Struggles in Europe The Netherlands and Belgium have barred the exchange, Germany hasn’t given it a license to operate and French prosecutors are investigating it. Zuckerberg Looks to Deliver Hit to Musk With Upcoming Twitter Clone Named Threads The planned Meta microblogging app, set for release Thursday, is seen as a potential…
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U.S. Stocks Finish Abbreviated Trading Session Modestly Higher
Following the strong upward move seen last week, stocks turned in a relatively lackluster performance during trading on Monday. The major averages spent the day bouncing back and forth across the unchanged line before closing modestly higher. The Nasdaq rose 28.85 points or 0.2 percent to 13,816.77, the S&P 500 (SPI:SP500) inched up 5.21 points…
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Trading Activity Likely To Be Subdued Ahead Of Holiday
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 rally seen last week. Traders may be reluctant to make significant moves amid uncertainty about the near-term outlook for the markets after last week’s strong gains lifted…
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North American Morning Briefing: Tesla Bounce Gives Nasdaq a Boost
Market Wraps Watch For: ISM Report on Business Manufacturing PMI for June; Construction Spending for May; Canadian markets closed for Canada Day holiday Today’s Top Headlines/Must Reads: – U.S., China Start Talking Again, With Global Economic Order at Stake – China Factory Activity Gauge Fell Slightly in June – Investors Spurn Dividend-Paying Stocks as AI…
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US Futures Flat, European Stocks Rise as Economic Outlook Concerns Ease
In the U.S. futures for the S&P 500 were flat and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.3% in morning trading. Assicurazioni Generali rose 4.6% and Just Eat Takeaway.com rose 3.3%. On the…
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Top Company News of the Day: Tesla, United, Tyson Foods, Banks
Tesla Deliveries Rose 83% in the Latest Quarter The electric-vehicle maker benefited from price cuts and discounts amid tougher competition in the EV market. United Vows Changes to Avoid More Disruptions, Including Fewer Newark Flights The airline plans to fly less at its Newark, N.J., hub and take other steps to avoid a repeat of…