Tag Archives: concerns

Stock futures opened in slightly negative territory Monday evening, holding lower after a further rise in commodity prices escalated concerns over inflation heading into corporate earnings season. Contracts on the S&P 500 ticked down. The index ended Monday’s session in the red, weighed down by a drop in the communication services and utilities sectors. Both the Nasdaq and Dow also fell. Energy and commodity prices, meanwhile, extended a swift march higher. U.S. West Texas intermediate crude… Source link

BERKELEY, Calif. (AP) — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing business. But when Apple and Google capitulated to Russian demands and removed a political-opposition app from their local app stores, it raised worries that two of the world’s most successful companies are more comfortable bowing to undemocratic edicts — and maintaining a steady flow of profits — than upholding the rights of their… Source link

(Bloomberg) — European stocks slid to the lowest level in two months as China’s real estate crackdown and worries ahead of this week’s Federal Reserve fueled risk-off sentiment. The Stoxx Europe 600 index fell 2%, the most in a month and to the lowest level since July 21. Germany’s DAX slumped 2.3% on the day the index’s expansion takes effect, with banks and automotive shares underperforming. While all sectors retreated on the European gauge, miners declined the most, sliding to the… Source link

The amount of bitcoin held on exchanges like Coinbase and Binance, have dropped to lower than they were in November last year. Photo: Reuters Major cryptocurrencies were down on Friday morning after a volatile week amid rising concerns over bitcoin’s environmental impact. Bitcoin (BTC-USD) was down 0.4%, still struggling to cross the $50,000 (£36,237) mark. It was trading at $47,900 at the time of writing. Many supporters on Twitter are hopeful it will hit $100,000 by the end of the… Source link

Stocks weakened on Wednesday in directionless trade, poised to extend the previous day’s declines as rising COVID-19 infections momentarily upending expectations about growth. In Tuesday’s regular session, the Dow Jones Industrial Average and S&P 500 Index lost ground, but the technology-laced Nasdaq bucked the trend by posting a marginal gain. The market has mostly taken disappointing news in stride, but August’s jobs data falling far short of market expectations last week tempered hopes for… Source link

Aug 28 (Reuters) – Tesla Inc Chief Executive Elon Musk has signaled competition concerns over Nvidia Corp’s planned purchase of British chip designer Arm, the Telegraph reported on Saturday, citing multiple sources. E-commerce giant Amazon.com Inc and smartphone maker Samsung Electronics Co Ltd have also lodged opposition to the deal with U.S. authorities, the newspaper reported. Earlier this year, the U.S. Federal Trade Commission opened an in-depth probe into the takeover. The probe findings… Source link

Stock futures opened slightly higher Thursday evening as investors considered the latest batch of earnings and economic data and continued to contemplate the path forward for monetary policy.  Contracts on the S&P 500 edged up. Earlier, the index narrowly eked out its first positive trading session in three days. Technology stocks led the way higher, and the Nasdaq outperformed.  Traders this week have watched a number of market concerns unfold, with infections related to the Delta variant… Source link

Stocks fell on Monday, pulling back from record levels as geopolitical and growth concerns weighed on risk appetite.  The S&P 500 declined just after market open after logging yet another record high on Friday. The Dow and Nasdaq each also dipped, and the benchmark 10-year Treasury yield fell back below 1.3%. U.S. West Texas intermediate crude oil futures sank by more than 1% to trade around $67 per barrel.  The moves came as jitters over the pace of global economic growth and risks to the… Source link

Stocks fell Monday, losing some steam after rising to all-time highs late last week. Commodity prices tumbled as concerns over the coronavirus’s spread resurged, with crude oil prices moving sharply to the downside. The S&P 500 fell as shares of oil companies including Occidental Petroleum (OXY), Apache Corporation (APA) and Diamondback Energy (FANG) dropped. The Dow also dipped, weighed down by a decline in shares of Chevron (CVX).  U.S. West Texas intermediate crude oil futures (CL=F)… Source link

Stock futures headed toward a lower open Monday morning, with lingering concerns over the growth outlook at least temporarily outweighing optimism over a strong second-quarter earnings season. Dow futures dropped more than 100 points, or 0.4%, in early trading. The S&P 500 and Nasdaq also pointed toward a lower open. The three major indexes each set record closing highs on Friday, shaking off a sell-off at the start of last week as worries over the Delta variant increased.  Cyclical stocks… Source link