Tag Archives: ahead

US STOCKS-Wall Street ends near flat on cautious note ahead of Fed

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Walt Disney shares fall as CEO says program production delayed * S&P 500 below 50-day moving average * Indexes: Dow down 0.15%, S&P 500 down 0.08%, Nasdaq up 0.22% (Updates close with volume, other details) By Caroline Valetkevitch NEW YORK, Sept 21 (Reuters) – U.S. stocks ended near flat on Tuesday after a broad sell-off the day before, with worries over troubles at developer China… Source link

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Stock futures rise ahead of retail sales data

Stock futures traded slightly higher Wednesday evening to extend gains from a positive session earlier, with the three major indexes recovering from some heavy selling pressure earlier this month.  Contracts on the S&P 500 moved higher as the overnight session kicked off. Dow and Nasdaq futures also gained.  Traders are looking ahead to a set of key economic data on Thursday, which will show how solidly the consumer held up as the latest wave of the coronavirus spread across the U.S. The… Source link

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Stock futures open slightly higher ahead of inflation data

Stock futures opened higher Monday evening after a mixed session earlier, as traders awaited a highly anticipated new inflation report. Contracts on the S&P 500, Dow and Nasdaq were each slightly higher as the overnight session kicked off. During the regular trading day, the S&P 500 and Dow rose to each end five-session losing streaks, while the Nasdaq extended last week’s losses.  On Tuesday, traders are set to receive the Labor Department’s August consumer price index (CPI), which is likely… Source link

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Apple stock is up ahead of the iPhone 13 reveal

Investors are nibbling at Apple (AAPL) ahead of a potentially big September. Apple shares were among the top trending tickers on the Yahoo Finance platform on Tuesday, notching a gain of about 2% by afternoon trading. It closed Tuesday at $156.69, up 1.55%. The stock has rallied to the tune of 7% in the past month, almost double the Nasdaq Composite. Apple’s stock is the second-best performing member of the FAANG [Facebook (FB), Apple, Amazon (AMZN), Netflix (NFLX), Google (GOOG, GOOGL)]… Source link

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Stock futures drift ahead of August jobs report

Stock futures were in a holding pattern Thursday evening before the release of the Labor Department’s August jobs report, which will offer the latest look at the state of the U.S. labor market recovery. Contracts on the S&P 500 hugged the flat line after the index set a record intraday and closing high during Thursday’s regular trading day. The Nasdaq had also set a record high, while the Dow ended a three-session losing streak to close in the green. Investors are anxiously awaiting the Source link

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Stock futures drift sideways ahead of jobs data

Stock futures traded sideways Wednesday evening as investors awaited more data on the labor market’s recovery, which will serve as crucial information in determining the path forward for the monetary policies underpinning risk assets over the past year. Contracts on the S&P 500 were little changed as the overnight session kicked off. Nasdaq futures also hovered near the flat line, after the index set an all-time high during Wednesday’s regular trading day. The indexes’ latest march to record… Source link

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Stock futures tick up ahead of Powell’s Jackson Hole remarks

Stock futures edged higher Thursday evening after closing lower during the regular trading day, as jitters over the prospects of less accommodative monetary policy compounded with fresh geopolitical concerns. Contracts on the S&P 500 ticked up. Earlier on Thursday, the index closed lower to end a five-session winning streak and pull back from an all-time high. Both the Dow and Nasdaq had also ended in the red. More hawkish commentary from Fed policymakers ahead of the central bank’s key… Source link

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Stock futures open mixed ahead of Fed’s Jackson Hole event

Stock futures traded sideways Wednesday evening to hold near record levels, as traders anxiously awaited the start of a key Federal Reserve event on Thursday. Contracts on the S&P 500 opened little changed after the index reached a new record level during the regular trading day and logged a fifth consecutive session of gains. The Nasdaq had also reached a fresh record high.  Shares of Dow component Salesforce.com (CRM) edged higher in late trading after the software company boosted its… Source link

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Verizon Media leadership in doubt ahead of Apollo acquisition on Sept. 1

In this photo illustration, a Verizon Media logo seen displayed on a smartphone. Igor Golovniov | SOPA Images | LightRocket | Getty Images Apollo Global Management is preparing to close its $5 billion acquisition of Verizon Media on Sept. 1, and the private equity firm is already causing consternation among existing executives at the company soon to be known as Yahoo. Apollo hasn’t informed Verizon Media leadership, including Chief Executive Guru Gowrappan, of their new roles at the company… Source link

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Bitcoin Rallies Ahead of $50K Resistance

Cryptocurrencies are ending the week on a strong note as bitcoin broke above $48,000 for the first time since May. The world’s largest cryptocurrency is up about 4% over the past 24 hours and could face resistance near $50,000-$55,000 heading into the weekend. On Thursday, Coinbase announced that it will purchase more than $500 million in cryptocurrencies to add to its holdings. The crypto exchange’s CEO, Brian Armstrong, also tweeted that Coinbase will invest 10% “of all profit going… Source link

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