Tag: NYSE:PSX
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U.S. Futures Waver Ahead of Fed Decision Amid Mixed Corporate Earnings; Oil Prices Slide
U.S. futures are mixed in Wednesday’s pre-market ahead of the Federal Reserve announcement, with expectations focused on interest rate maintenance and future monetary policy guidance by Jerome Powell. Meanwhile, Alphabet (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) are experiencing declines following mixed results. As of 05:37 AM, Dow Jones futures (DOWI:DJI) rose by 25 points, or 0.06%. S&P…
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Wall Street Highlights: Google Rejects Union Negotiations, Exxon Mobil Announces $2.5 Billion Accounting Write-Down in California
U.S. index futures are registering a decline in pre-market trading this Friday, anticipating a crucial report on the job market as Wall Street seeks to overcome a lukewarm start to January. The three major indices are set to end nine consecutive weeks of gains, with the Nasdaq facing the biggest weekly drop, down 3.3%. At…
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$5.8 Billion Offer for Macy’s, Cigna Ends Acquisition Negotiations, and More
U.S. index futures were slightly down in pre-market trading this Monday, in a week marked by monetary policy decisions, the last meeting of the Federal Reserve of 2023. The yield on 10-year Treasury bonds was at 4.254%. In the commodities market, West Texas Intermediate crude oil for January fell 0.67% to $70.75 per barrel. Brent…
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Friday’s Wall Street Highlights: Enphase Energy, GM, Intel, Sanofi, Masimo, and more
US index futures are up on Friday, with Wall Street looking for a rebound after recent declines. Investors are keeping an eye on quarterly results from major oil companies such as Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX). In addition, Amazon (NASDAQ:AMZN) and Intel (NASDAQ:INTC) boosted technology stocks with their strong results. At 06:49 AM, Dow…
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Keep An Eye Out: Pre-Market Movers And Recommendations
Cvs Health (NYSE:CVS): Piper Sandler & Co maintains its overweight rating with a reduced target price of $82. Dell (NYSE:DELL): Credit Suisse maintains its outperform rating with a target price raised from $62 to $74. Dollar General (NYSE:DG): Citi maintains a neutral recommendation with a reduced target price of $146. Ecolab Inc (NYSE:ECL): Berenberg maintains its recommendation with…