ADVFN US – Market Content Editor

After failing to sustain an initial move to the upside, stocks fluctuated over the course of the trading session on Wednesday. While the tech-heavy Nasdaq maintained a positive bias throughout the session, the S&P 500 spent the day bouncing back and forth across the unchanged line. The Nasdaq eventually showed a strong upward move on…

Market Wraps Watch For: MBA Weekly Mortgage Applications Survey; CPI for April; Real Earnings for April; EIA Weekly Petroleum Status Report; Monthly Treasury Statement of Receipts and Outlays of the U.S. Government for April; Canada Building Permits for March; earnings from Beyond Meat, Disney, Icahn Enterprises, Robinhood Markets, Roblox, Wendy’s Today’s Headlines/Must Reads – Inflation…

In the U.S., futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average climbed 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 rose 0.1% in morning trading. Samhallsbyggnadsbolaget rose 13.2% and Alcon added 8.2%. On the other hand,…

Airbnb’s Bookings Rise Amid Strong Travel Demand The short-term rental company reported revenue of $1.8 billion in the first quarter, up 20% from a year earlier. Rivian stock jumps nearly 6% as EV maker narrows quarterly loss, keeps guidance intact Shares of Rivian Automotive Inc. rose nearly 6% in the aftermarket Tuesday after the electric-vehicle…