Tag: NYSE:F
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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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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%,…
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Wall Street Highlights for Wednesday: CPI, Airbnb, Twilio, Alphabet, Upstart and more
US Index Futures reversed higher after the latest inflation reading. Dow Jones futures were up 0.2%, while S&P 500 and Nasdaq-100 futures were up more than 0.3% each. The consumer price index, which measures the cost of a wide range of goods and services, rose 0.4% in April, despite more than a year of Federal Reserve…
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Wednesday’s Wall Street Highlights: AMD, Starbucks, Yum Brands, CVS Health and Private Payrolls
Main subjects of the day US index futures rose on Wednesday morning, recovering from the eve’s losses, with investors bracing for the Fed’s decision on interest rates. By 8:21 AM, Dow Jones futures were up 60 points, or 0.18%. S&P 500 and Nasdaq-100 futures were up 0.29% each. At 8:28 am, the 10-year Treasury bond yield was trading at 3.413%. The 2-Year Treasury traded…
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Stellantis Plans to Cut U.S. Hourly Jobs – Union Letter
Stellantis NV, the parent company of Chrysler, is cutting about 3,500 hourly jobs in the United States and seeking to offer a willing and voluntary exit package, the UAW union said in a letter released Tuesday. The automaker is proposing an incentive package that includes a $50,000 payout to workers hired before 2007 and is…
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Global Banks Shift to Eurozone, Ikea Invests Big in US, AT&T’s Postpaid Phone Slowdown
Ikea Invests Big in US Ikea is investing €2bn into the US market, its largest investment in a single country. The company plans to open eight new large stores and nine smaller planning studios and order points over the next three years. By doing so, Ikea hopes to take advantage of the current economic downturn…