Tag: NYSE:C
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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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Friday’s Wall Street Highlights: GM, UBS, Planet Labs, DocuSign and more
US Index Futures trade lower as the S&P 500 consolidates in a bull market – more than 20% above the last technical bottom after US jobless claims data showed some market normalization of work. At around 7:27 AM, Dow Jones (DOWI:DJI) futures were down 72 points, or 0.21%. S&P 500 futures were down 0.03%, while Nasdaq-100 futures…
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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 this Tuesday: SEC Sues Coinbase, Swift and Chainlink Join Forces, and More
Coinbase shares drop after SEC legal actions Shares in Coinbase Global Inc (NASDAQ:COIN) are down more than 11% at press time on June 6, as the cryptocurrency exchange is the subject of legal action by the SEC, which alleges unregistered operations. SEC Chairman Gary Gensler commented: “ Coinbase’s alleged flaws deprive investors of critical protections, including rulebooks…
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Friday’s Wall Street Highlights: SoftBank, Boeing, Broadcom, MongoDB, Meta Platforms and more
US Index Futures rose in premarket trading on Friday after the US Senate passed a bill raising the debt ceiling, eliminating the risk of a debt default. The market is now shifting its focus to the Payroll report, which is important for calibrating expectations about the trajectory of US interest rates. By 6:55 AM, Dow Jones…
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Wall Street Highlights for Wednesday: Target, Tesla, Western Alliance, AT&T and more
US Index Futures operated in positive territory on Wednesday, with investors awaiting news on talks between congressmen and President Joe Biden over the US debt ceiling, while awaiting data on housing and building permits. American markets are still echoing the surge in Western Alliance shares in the after hour, after the bank recorded growth in deposits,…
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First Republic Stock Plunges As Deposits Plummet In Q1
Shares fell 20% in after-hours trading after First Republic Bank said Monday that deposits plunged more than $100 billion in the first quarter and it was exploring options such as restructuring its balance sheet. This sharp drop in deposits overshadowed the beleaguered bank’s better-than-expected quarterly earnings. First Republic managed to weather the crisis by injecting…
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Monday’s Wall Street Highlights: Alphabet, Charles Schwab, State Street, Merck and more
Main subjects of the day US stock futures rose slightly on Monday as investors braced for more quarterly earnings reports. At around 9:28 am, Dow Jones Industrial Average (DOWI:DJI) futures were up 29 points, or 0.9%. S&P 500 (SPI:SP500) and Nasdaq-100 (NASDAQI:COMP) futures were up 0.06% and 0.03%, respectively. Stocks have performed impressively in recent weeks, even as the…
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Big Banks Reports, Stocks Mixed, MGM Resorts to Build Japan’s First Casino
Big Banks Reports, Stocks Mixed During earnings season, big banks like JPMorgan (NYSE:JP) reported record quarterly revenue, leading to a rally in bank shares with over 6% gain. However, CEO Jamie Dimon warned of potential impact from recent financial turmoil on lending. Stocks were mixed, with the S&P 500 (SPI:SP500) and Dow Jones Industrial Average…
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Wall Street Highlights: JPMorgan, Wells Fargo, PNC, UnitedHealth and more
Main subjects of the day Dow Jones futures gained traction in premarket trading on Friday as investors received the first batch of corporate earnings from major banks with stronger-than-expected results. At 10.09 am EST, futures contracts linked to the Dow Jones added 37 points, or 0.11%. S&P 500 futures were flat, and Nasdaq-100 futures were…