Stock futures opened near the flat line Tuesday evening as investors looked ahead to more corporate earnings results and another batch of inflation data. Contracts on the S&P 500 was little changed. During Tuesday’s regular session, the blue-chip index rose to a record intraday high before pulling back and ending lower. Each of the Dow and Nasdaq also pulled back, with cyclical areas of the market like airline stocks and financials posting some of the biggest declines. Concerns over the pace… Source link
Read More »Stocks trade mixed as investors look ahead to earnings
U.S. stocks traded mixed on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this week. The Dow dropped to pull back from Friday’s record closing high. The S&P 500 also hovered just below an all-time high. The Nasdaq gained to reach a new record intraday high, however, as technology stocks outperformed. The 10-year Treasury yield steadied around 1.35%, recovering after dipping to a five-month low of below 1.3% last… Source link
Read More »Stock futures drift lower ahead of June jobs report
Stock futures opened TK Thursday evening as investors looked ahead to a key report on the U.S. labor market recovery. Contracts on the S&P 500 TK after the blue-chip index set an all-time high during Thursday’s session, kicking off the start of the third quarter on a high note. Both the Nasdaq and Dow also closed out Thursday’s session higher. On Friday, investors will receive the U.S. Labor Department’s June jobs report, the central economic data point coming out this week. The print is… Source link
Read More »‘Rich Dad, Poor Dad’ author backs bitcoin ahead of ‘biggest crash’ in history
Robert Kiyosaki, author of New York Times bestseller “Rich Dad, Poor Dad” and founder of The Rich Dad Company, is sounding the alarm about an impending recession, recently tweeting a warning about an impending “biggest crash in world history.” He predicted that it would be a long economic downturn and encouraged people to buy and invest in gold, silver, and bitcoin (BTC-USD) while they can. Kiyosaki joined Yahoo Finance Live to discuss why he thinks a market crash is coming as well… Source link
Read More »Samsung and Google preview wearable platform ahead of next Galaxy Watch launch – TechCrunch
Samsung’s Mobile World Congress presser was, once again, all about wearables. The big news at this evening’s (or afternoon’s, timezone dependent) event was our best look yet at a redesigned interface for the company’s line of Galaxy Watches. One UI Watch – which takes its name from the Galaxy mobile interface — will share a design language with the one found on the company’s line of Galaxy phones. The upcoming One UI Watch will debut at an upcoming Unpacked event later… Source link
Read More »Trump joins video platform Rumble ahead of Ohio rally
By Elizabeth Culliford (Reuters) – Former U.S. President Donald Trump joined video platform Rumble on Saturday, the same day he will take the stage at a campaign-style rally in Ohio, his first such event since the Jan. 6 attack on the U.S. Capitol. Trump lost his social media megaphone earlier this year when he was blocked by a slew of platforms after his supporters stormed the Capitol. He was permanently banned from Twitter and remains suspended by Facebook until at least 2023 and by… Source link
Read More »At the border, Harris defends timing of her trip ahead of Trump visit
Vice President Kamala Harris defended the timing of her trip to El Paso, Texas, on Friday amid accusations from Republicans that the Biden administration is ignoring what some view as a crisis along the U.S.-Mexico border. Friday’s visit to the border was Harris’s first since she was put in charge of the Biden administration’s efforts to stem the rising tide of migration in late March. Former President Donald Trump and a number of Republicans will visit the border next week. “It was… Source link
Read More »Oppenheimer Bets on These 2 Stocks; Sees at Least 80% Upside Ahead
The stock markets are responding to conflicting signals lately, and the result is concurrent trends of volatility and gains that have been causing some confusion. Inflation has ticked up in recent months, as pent-up demand now let loose by the economic reopening is crossing limited supply and still-disrupted distribution chains. But there’s a strong feeling that the inflation is transitory, and that as people get back to work the inflationary trends will be pushed back by improved… Source link
Read More »Bitcoin in Recovery Mode Ahead of Options Expiry
Bitcoin traded higher after holding support around $32,000 on Thursday. Bearish sentiment is starting to wane as buyers fuel a relief rally from Tuesday’s shakeout low of around $29,000. The cryptocurrency is up about 4% over the past 24 hours, but is still down about 8% over the past seven days. Latest prices Cryptocurrencies: Traditional markets: Bitcoin options expiry Related: DOJ Charges Crypto Seller for Operating Unlicensed Money Transmitting Business As June comes to a close, roughly… Source link
Read More »Stock futures edge higher ahead of jobless claims data
Stock futures opened slightly higher Wednesday evening following a muted session earlier in the day, with the three major indexes ending mixed ahead of another batch of key economic data this week. Contracts on the S&P 500 and Dow steadied after both indexes ended Wednesday’s session lower. Nasdaq futures gained after the index rose for a third straight session and set fresh intraday and record highs. Technology stocks have outperformed this week, with traders jumping back into the growth… Source link
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