Tag Archives: drift

Stock futures rose Friday morning as traders eyed the Labor Department’s October jobs report, which showed a better-than-expected pick-up in payroll growth and another improvement in the unemployment rate.  Contracts on the S&P 500 advanced. A day earlier, the blue-chip index rallied to a record high, logging a sixth straight record close as technology stocks advanced. The Nasdaq also jumped amid the broad move higher in tech shares, while the Dow closed lower for the first time in six… Source link

Stock futures opened near the flat line Tuesday evening as investors awaited a key monetary policy decision from the Federal Reserve. Contracts on the S&P 500 traded sideways. The blue-chip index had set a record closing high for a fourth straight session earlier in the day while the Dow closed above 36,000 for the first time ever, buoyed by an extended run of better-than-expected corporate earnings results.  Some of the closely watched names that reported results after market close continued… Source link

Stock futures pulled back slightly Monday evening after a record-setting session. Each of the S&P 500, Dow and Nasdaq rallied to fresh highs on Monday as more corporate earnings results exceeded expectations and defied concerns over ongoing supply chain constraints, shortages and cost pressures.  Clorox (CLX) became one of the latest major names to top estimates in results posted Monday after the closing bell, with the cleaning supplies and home goods company topping third-quarter sales and… Source link

Stock futures opened slightly higher Monday evening, steadying near record levels as investors awaited another hefty set of earnings and economic data.  The S&P 500 and Dow had each reached all-time highs during Monday’s session, with equity investors proving resilient even in the face of ongoing supply chain challenges and elevated inflationary pressures.  The Nasdaq Composite jumped by 0.9%, coming within 1% of its own record closing high as shares of Tesla (TSLA) rallied for a fourth… Source link

Stock futures traded slightly higher Tuesday evening as investors eyed a batch of stronger-than-expected earnings results with increasing optimism over the trajectory of corporate profits even in the face of supply chain constraints. Contracts on the S&P 500 edged up. The blue-chip index closed out a fifth straight session in positive territory on Tuesday, marking its longest winning streak since August. Bitcoin (BTC) prices topped $64,000 per share and closed in on an all-time high, after… Source link

Stock futures opened little changed on Monday evening, as investors awaited a slew of new earnings results to determine the impact of ongoing supply chain concerns and rising costs on corporate America.  A number of major companies are set to report earnings results Tuesday morning, including consumer giants Procter & Gamble (PG) and Johnson & Johnson (JNJ) before market open, and Netflix (NFLX) and United Airlines (UAL) after market close.  The latest quarterly results, guidance and executive… Source link

Stock futures opened little changed Wednesday evening after another choppy session in the markets, with another batch of bank earnings and labor market and inflation data due for release on Thursday.  Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and Nasdaq closed out the session higher, led by a jump in technology stocks as Treasury yields pulled back after a recent run-up. The drop in yields— with the benchmark 10-year yield pulling back below 1.55%… Source link

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

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

Stocks dipped on Tuesday, with the major indexes on track to close out August trading with another monthly gain.  The S&P 500 was slightly lower, pulling back after the Conference Board’s closely watched monthly report on consumer confidence fell more than expected in August amid the Delta variant’s spread. Both the S&P 500 and the Nasdaq had set fresh record intraday and closing highs during Monday’s trading day, powered higher by a jump in heavily weighted Big Tech stocks.  The S&P 500 is… Source link