Tag: NASDAQ:CRON
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U.S. Index Futures Dip, Bank of England Holds Interest Rates at 5.25%
U.S. index futures are trading lower in pre-market trading on Thursday, halting momentum after the Dow Jones had closed higher for six consecutive sessions, the longest winning streak of 2024 for the index so far. As of 7:05 AM, Dow Jones futures (DOWI:DJI) fell 81 points, or -0.21%. S&P 500 futures fell -0.20%, and Nasdaq-100…
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Marijuana Stocks Up After Banking Reform Progress
Stocks in cannabis companies jumped on Monday because of news on the marijuana banking reform in Congress. Senate Majority Leader Chuck Schumer (D-N.Y.) said that the Senate is on course to pass new cannabis banking rules soon. While this isn’t the first time announcements on progress have been made, only for nothing much to happen,…
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U.S. Futures Dip as PCE Data Looms; Modest Gains for WTI and Brent Crude in April Contracts
U.S. index futures are down in pre-market trading as investors await the release of January’s Personal Consumption Expenditures (PCE) deflator, a key indicator for the Federal Reserve (Fed). Anxiety mounts following surprises in CPI and PPI indices, while the Fed maintains a cautious stance on interest rate cuts. At 05:40, Dow Jones futures (DOWI:DJI) fell…
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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…