Tag: NYSE:BABA
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Thursday’s Wall Street Highlights: Adobe, MicroVision, XPeng, Tesla, Citigroup and More
US Index Futures are operating at lows, still under the effect of signals from the Federal Reserve yesterday that new interest rate hikes are yet to come, and before the decision of the European Central Bank for the interest rate in the Euro Zone. By 7:00 AM, Dow Jones futures (DOWI:DJI) was down 73 points,…
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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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Friday’s Wall Street Highlights: JPMorgan, Tesla, PDS Biotechnology, Costco and more
US Index Futures rose on the possibility of the US government reaching a deal to resolve the US debt ceiling problem prevailing in markets on Friday morning. Investors also await the release of the inflation indicator monitored by the Federal Reserve, after mixed signals from US central bank officials regarding the direction of interest rates. By…
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Friday’s Wall Street Highlights: Disney, Occidental Petroleum, Alibaba, Farfetch and more
The US Index Futures point to a slight increase and are still trying to extend yesterday’s gains, when optimism prevailed with the signs of progress in negotiations on raising the debt ceiling in the United States. By 6:46 AM, Dow Jones futures were up 34 points, or 0.10%. S&P 500 futures were up 0.11%, while Nasdaq-100…
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Stocks Rise Amid Debt-Ceiling Deal Talks, Japanese “Digital Deficit” Weighs on Yen, Disney Cancels Florida Campus Plan
Stocks Rise Amid Debt-Ceiling Deal Talks Stocks made gains on Thursday following House Speaker Kevin McCarthy’s announcement that the House of Representatives could vote on a debt-ceiling deal as early as next week. The S&P 500 (SPI:SP500) rose by 0.9%, reaching its highest level since August 25. The Nasdaq Composite NASDAQI:NDX) increased by 1.5%, while…
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Semiconductors Shift to Japan, Walmart Exceeds Earnings Expectations, Alibaba Begins Breakup with IPOs
Optimism Surrounds Greek Stocks Investors are optimistic about Greek stocks, expecting the country to regain its investment-grade status and demonstrate fiscal discipline and economic resilience. Greek stocks have been among the best performers globally this year, with the Athens Stock Exchange General Index (EXAE:AT) up 22%. Semiconductors Shift to Japan Ahead of the G7 summit,…
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Thursday’s Wall Street Highlights: Walmart, Alibaba, Deutsche Bank, Snowflake and more
US Index Futures were mixed on Thursday, on optimism that talks to raise the country’s debt ceiling are progressing, and traders digesting gains from Walmart and Alibaba, as well as reports of weekly unemployment claims numbers, the Philadelphia Fed’s manufacturing survey numbers for May, and awaiting existing home sales data for April. By 08:45 AM,…
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Tuesday’s Wall Street Highlights: Retail Sales, Amgen, Activision Blizzard, Capital One and More
Tuesday’s pre-market was marked by a climate of uncertainty in financial markets, with US Index Futures falling. All eyes on Wall Street were focused on an important meeting between Congressional leaders and President Joe Biden, at which the central issue was the US debt ceiling. By 08:30 AM, Dow Jones futures were down 94 points, or…
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Crypto this Monday: LTC rises with NFT market entry, Samsung and BOK Together for CBDC, and More
SEC revises $22 million fine against LBRY SEC seeks to reduce fine from $22 million against platform LBRY to $111,614 due to lack of company funds. LBRY claims to be financially ruined and alleges that the amount originally required by the SEC was overstated. ”The Commission acknowledges LBRY’s representations that it is bankrupt, ceasing operations and…
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Monday’s Wall Street Highlights: Amazon, Oneok, Vice Media, Athenex and more
US Index Futures rebounded on Monday after the Dow Jones and S&P 500 posted second straight weekly losses. Investors are adopting a more optimistic tone as talks progress among US policymakers on a solution to the debt ceiling impasse. By 7:54 AM, Dow Jones futures were up 121 points, or 0.36%. S&P 500 futures were up 0.34%,…