ADVFN US – Market Content Editor
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North American Morning Briefing: Nasdaq Futures Slip as Rate Rise Fears Weigh
Market Wraps Watch For: Weekly Jobless Claims; Wholesale Inventories for April Today’s Headlines/Must Reads – Forget the Naysayers. Why the Market Can Keep Climbing – Inflation Drags Eurozone Economy Into Recession – It Is Time to Admit It: Bank Regulation Doesn’t Quite Work – SEC’s Gensler Had Crypto in His Sights for Years Opening Call:…
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US Futures Fall, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average fell 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 dropped 0.1% in morning trading. Oersted rose 5.8% and Evotec climbed 5.4%. On the other hand,…
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Top Company News of the Day: Novartis, Google, GameStop, Serta Simmons
Novartis’s Sandoz Sets Out Post-Spinoff Growth Plan Novartis’s generics unit Sandoz forecast product pipeline net sales of $3 billion over the next five years and a core earnings margin of 18%-19% this year, lower than previously forecast due to inflation and costs. Google Gets Stricter About Employees’ Time in Office The search giant, which asks…
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Nasdaq Pulls Back Sharply But Dow Posts Modest Gain
Following the lackluster performance to start the week, the major U.S. stock indexes moved in opposite directions during trading on Wednesday. While the tech-heavy Nasdaq moved sharply lower, the Dow posted a modest gain. The Nasdaq tumbled 171.52 points or 1.3 percent to 13,104.90 after ending Tuesday’s trading at its best closing level in well…
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Crypto this Wednesday: Circle Singapore Gets License From MAS, Mint Square Shuts Down Services, and More
US hearing to discuss future of cryptocurrencies, regulatory clarity The US House of Representatives Financial Services Committee has scheduled a hearing to discuss the future of cryptocurrencies and bring clarity to the digital asset ecosystem. The aim is to provide regulatory guidance and address critical issues such as investor protection and innovation. The hearing will take place…
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Futures Pointing To Slightly Higher Open On Wall Street
US Market The major U.S. index futures are currently pointing to a slightly higher open on Wednesday, with stocks likely to extend the lackluster performance seen to start the week. A lack of major market-moving catalysts may contribute to another lackluster session as traders continue to look ahead to next week’s Federal Reserve meeting. The…
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Wednesday’s Wall Street Highlights: Netflix, Diageo, Mondee Holdings, Yext and more
US Index Futures traded close to flat on Wednesday as investors digested weak China trade balance data. At around 7:25 AM, Dow Jones (DOWI:DJI) futures were down 20 points, or 0.06%. S&P 500 futures were up 0.03%, while Nasdaq-100 futures were flat. The 10-year Treasury yield was at 3.683%. West Texas Intermediate crude rose 1.03% to settle at $72.48…
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Crypto Weekly Newsletter
Crypto and Macro Weekly Recap Last week, US equity markets outshined cryptocurrencies as Ether (ETH) experienced a slight decline of 1.1% and Bitcoin dipped by 3.5%. In contrast, the US stock market witnessed gains, with the NASDAQ index rising by 2.0% and the S&P 500 climbing by 1.8%. The European top 600 stocks index closed…
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US Futures Slip, European Stocks Mixed
In the U.S. futures for the S&P 500 were down 0.1% 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 0.1% in morning trading. Samhaellsbyggnadsbolaget rose 11.5% and Industria Diseno Textil climbed 5.2%. On the…
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Top Company News of the Day: GE, ChatGPT, CNN, PGA Tour
U.S. Nears Deal to Produce GE Jet-Fighter Engine in India The two nations are working to meet the threat from China and reduce New Delhi’s dependence on Russia for military equipment. The Global Brands Coming to a Mall Near You American consumers have long been renowned for their spending power. Now global retailers want a…