Futures dipped in Wednesday’s after-hours session, pointing to a lower open on Wall Street, with investors struggling to reconcile a still hot jobs market with an economy that’s seen its momentum dented by soaring COVID-19 infections. On Wednesday, the Dow Jones Industrial Average and S&P 500 Index posted their 3rd consecutive day of losses, and the technology-laced Nasdaq fell for the first time since last week. The market has mostly taken disappointing news in stride, but August’s jobs… Source link
Read More »Stock futures mixed after S&P 500, Dow set records
Stock futures opened little changed Wednesday evening after another record-setting session, as investors took into account a report pointing to contained inflationary pressures and considered the likelihood of more government spending on infrastructure. Contracts on the S&P 500 hugged the flat line. Both the blue-chip index and the Dow rose to record intraday and closing levels for a second straight session on Wednesday. One of the latest sources of fuel for equities came after the Labor… Source link
Read More »S&P 500, Dow dip amid oil price declines as virus concerns rise
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
Read More »US STOCKS-S&P 500, Dow set to rise as economic growth heats up
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Ford, Qualcomm rise after strong earnings * Didi Global jumps on report it could go private * Banks, industrials, mining stocks gain after dovish Fed * Futures: Dow up 0.41%, S&P adds 0.17%, Nasdaq down 0.17% (Adds comments; updates prices) By Sagarika Jaisinghani July 29 (Reuters) – The S&P 500 and the Dow indexes were set to rise on Thursday as a… Source link
Read More »S&P 500, Dow futures drop amid mixed earnings, China GDP miss
Stock futures dipped Thursday morning as investors digested a host of mixed corporate earnings results and reassurances from monetary policymakers that the latest spike in inflation would likely prove temporary. Global data was also in focus, with a weaker-than-expected GDP report out of China pointing to a marked growth slowdown. Contracts on the S&P 500 declined after the index eked out a record intraday high during Wednesday’s regular session. The Dow looked to open nearly 200 points… Source link
Read More »Dow, S&P 500, Nasdaq set fresh record highs after June payrolls beat estimates
Stock futures drifted sideways on Tuesday to hold near record levels, as traders prepared to return to a relatively sanguine session following a holiday weekend in the U.S. Contracts on the S&P 500, Dow and Nasdaq hugged the flat line. Each of the major indexes jumped to fresh record highs on Friday, propelled by a June jobs report that reflected a healthy pace of recovery in the labor market but that did not suggest an overheating economy. Oil prices climbed amid a breakdown in… Source link
Read More »Stock futures add to record levels, Dow gains after Nike results beat
Stock futures rose Friday morning to add to gains from a record-setting session, with traders hoping that a bipartisan infrastructure deal would help further stoke economic activity. Contracts on the S&P 500 and Nasdaq gained after both indexes set record intraday and closing highs during the regular trading day on Thursday. Dow component Nike (NKE) jumped 12.5% in early trading after posting quarterly sales growth that rebounding across all major regions. Meanwhile, FedEx (FDX) shares sank… Source link
Read More »Stocks rise, Dow recovers after worst weekly loss since October
Stocks rose on Monday, with the three major indexes looking to recover some of last week’s steep losses as an initial jolt following the Federal Reserve’s updated outlook for rates subsided. The Dow added more than 200 points, or 0.7%. Last week, the index logged a weekly loss of more than 3% in its worst showing since October. The S&P 500 and Nasdaq were also each higher to extend gains from the overnight session. Treasury yields on the long end of the curve ticked up to recover after a… Source link
Read More »Stock futures edge higher, Dow shakes off earlier declines
Stock futures ticked up Thursday evening after a mixed session earlier, when the Nasdaq ended within striking distance of a record high while the Dow posted a fourth straight session of losses. Technology stocks rallied during Thursday’s regular session as Treasury yields fell. Traders piled back into bonds after selling immediately following the Federal Reserve’s monetary policy decision and updated projections on Wednesday, which suggested two interest rate hikes could take place by… Source link
Read More »Stocks trade mixed with tech stocks under pressure, Dow sets record high
Stocks traded mixed on Monday, with technology stocks under more pressure as investors weighed the risks that higher inflation during the pandemic recovery might weigh on high-growth names. The Dow added more than 150 points, or 0.5%, to reach a new all-time high shortly after the opening bell. The Nasdaq dipped, reversing some of Friday’s gains. The S&P 500 was little changed. Treasury yields were roughly unchanged across the long end of the curve, with the benchmark 10-year yield hovering… Source link
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