Tag: NYSE:MS
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Friday’s Wall Street Highlights: Ford Motor, Meta Platforms, 3M, Conformis and more
Worries about demand and a slowing economy weigh on US Index Futures and European stocks as central banks in Europe and the US indicate a leaning towards raising interest rates to ensure inflation converges towards the goal. By 07:27 AM, Dow Jones futures (DOWI:DJI) fell 90 points, or 0.26%. S&P 500 futures were down 0.41%, while…
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Tuesday’s Wall Street Highlights: Airbus, Intel, Grab, Alibaba, FedEx and more
US Index Futures pull back on the return of yesterday’s US holiday. By 6:44 AM, Dow Jones futures (DOWI:DJI) was down 122 points, or 0.35%. S&P 500 futures were down 0.37%, while Nasdaq-100 futures were down 0.43%. The 10-year Treasury yield was at 3.775%. On the international scene, China lowered its key interest rates to stimulate the economy. Producer…
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Crypto This Monday: UK Regulates Cryptocurrencies In Law, Etherscan Embraces AI, And More
UK passes bill to regulate cryptocurrencies UK MPs have passed a bill that could regulate cryptocurrency as an activity in the country. The Financial Services and Markets Bill has passed the House of Lords and will move into the final stages before becoming law. The bill, more than 340 pages long, seeks to give regulators greater control…
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Friday’s Wall Street Highlights: Microsoft, Intel, Virgin Galactic, Disney, and more
US Index Futures traded little changed in premarket trading on Friday, with the S&P 500 on course to close the week at a 16-month high. By 7:02 AM, Dow Jones Futures ( DOWI:DJI ) was down 4 points, or 0.01%. S&P 500 futures gained 0.04%, while Nasdaq-100 futures added 0.15%. The 10-year Treasury yield was at 3.732%. The Bank…
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Tuesday’s Wall Street Highlights: CPI, Manchester United, Oracle, Toyota, Apple and more
The inflation rate hit its lowest annual level in about two years in May, with the CPI rising just 0.1% for the month. However, excluding food and energy, core inflation rose 0.4% on the month and 5.3% year-on-year. These numbers are in line with consensus estimates. At around 8:32 AM, Dow Jones (DOWI:DJI) futures were up 23 points,…
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Monday’s Wall Street Highlights: UBS, Tesla, Palo Alto Networks, Novo Nordisk and more
US Index Futures open the week with no clear direction close to flat after a rally last week gave the S&P 500 its best weekly performance since March. At around 7:20 AM, Dow Jones (DOWI:DJI) futures were up 29 points, or 0.09%. S&P 500 futures were up 0.07%, while Nasdaq-100 futures were down 0.10%. The yield on the…
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Thursday’s Wall Street Highlights: Nvidia, Best Buy, Palantir, Snowflake and more
US Index Futures are upbeat for a possible solution to the U.S. debt ceiling impasse, with S&P 500 futures posting a one-week high and technology stocks soaring after chipmaker Nvidia Inc. issued a bright revenue forecast. Dow Jones Industrial Average futures fell after Fitch Ratings placed top-rated US bonds on negative watch due to stalled talks…
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BoA Warns of Tech Bubble, Foot Locker Stock Plunges, Deere Raises Profit Outlook
BoA Warns of Tech Bubble Michael Hartnett, a strategist at Bank of America Corp.(NYSE:BAC), has reiterated his recommendation to sell US stocks, citing concerns about a bubble forming in the tech and artificial intelligence sectors. Hartnett also believes that the Federal Reserve’s rate hikes may not be complete, and rising bond yields pose a risk.…
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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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UBS Anticipates Cash Boost, ServiceNow Launches Share Buyback, JD Sports Reports Profit Drop
UBS Anticipates Cash Boost UBS (NYSE:UBS), the Swiss bank, anticipates receiving a substantial cash boost from its acquisition of Credit Suisse, a former competitor, amounting to billions of dollars. The combined firms’ negative goodwill, resulting from the purchase of a rival below tangible book value, has reached $34.8 billion as of the end of 2022.…