Tag Archives: Extend

U.S. stocks tumbled in a turbulent session Wednesday as fears of combative Federal Reserve policy to rein in inflation continued to weigh on sentiment. [Click here to read what’s moving markets on Thursday, September 1] The S&P 500 sank 0.8%, while the Dow Jones Industrial Average tumbled 280 points, or about 0.9%. The tech-heavy Nasdaq Composite fell 0.6%. A volatile run for stocks in recent weeks has erased much of the summer’s relief rally, with the S&P 500 officially wiping out half of… Source link

Ondrej Palat scored the winner in the third period to extend the Stanley Cup Final to a Game 6 in Tampa. (Getty Images) It seems all the Tampa Bay Lightning need is a pulse. With the Stanley Cup in the building and the preparations for a championship celebration arranged, the Lightning spoiled the party on Friday night at Ball Arena, scoring late to defeat the Colorado Avalanche 3-2 in Game 5. It was Ondrej Palat who prolonged the Stanley Cup Final, scoring on an expert dissection of the… Source link

U.S. stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs. Contracts on the S&P 500 edged higher. The blue-chip index ended Tuesday’s regular trading day higher by 2% to settle at at 4,088.85. Technology and growth stocks that had been beaten down over the past month… Source link

U.S. stocks fell sharply on Friday as investors weighed a bevy of corporate earnings and braced for more aggressive interest rate hikes from the Federal Reserve in coming months. The S&P 500 tumbled 1.9%, while the Dow Jones Industrial Average plunged 580 points, placing both major indexes at a five-week low. The tech-heavy Nasdaq Composite declined 1.9%. Meanwhile, the 10-year U.S. Treasury yield remained at 2.9%, the highest level since December 2018. The losses follow remarks from Fed Chair… Source link

U.S. stock futures gained Friday morning, with investors continuing to contemplate the next policy moves by the Federal Reserve. Contracts on the S&P 500 pointed to a higher open to build on Thursday’s gains and further shake off volatility from earlier this week. Still, as of Thursday’s close, the S&P 500 was on track to post a weekly loss that would end a three-week winning streak, if levels hold through Friday’s close. Fresh commentary from Fed officials remained in focus, as another set of… Source link

(Bloomberg) — The U.S. bond market reeled further on Tuesday, extending Monday’s declines after Federal Reserve Chair Jerome Powell’s aggressive rate hike comments drove yields on short-dated Treasuries to one of their biggest daily jumps of the past decade. Most Read from Bloomberg The central bank chief’s hawkish tone led traders to rapidly ratchet up estimates for how aggressively the Fed will tighten monetary policy this year as rising commodity prices threaten to add fuel to the… Source link

Stock futures opened lower Tuesday evening following another volatile session on Wall Street. Concerns over the impact that the punitive measures countries and companies have taken against Russia have weighed on U.S. equity markets. The S&P 500 dropped another 0.7% on Tuesday to bring its year-to-date losses to 12.5%. The Dow shed more than 0.5% to sink further into a correction, while the Nasdaq Composite extended losses after sliding into a bear market earlier this week. President Joe… Source link

Stock futures opened lower on Thursday after a sell-off during the regular trading day, with geopolitical concerns ramping further to trigger a risk-off move in markets. Contracts on the S&P 500 fell. The index dropped more than 2% earlier, while the Dow dropped 1.8% for its worst day since November. Technology and growth stocks renewed declines, and the Nasdaq Composite dropped 2.9%. The CBOE Volatility Index (VIX), or “fear gauge,” spiked more than 15% to top 28. Another apparent reversal in… Source link

Stock futures dipped Thursday evening to add to earlier losses across the three major indexes, with jitters over a swift tightening of financial conditions increasing on the heels of a multi-decade high print on inflation. Contracts on the S&P 500 fell. The index slid by 1.8% earlier on Thursday and the Nasdaq dropped 2.1%, as technology shares came under pressure while Treasury yields spiked. The benchmark 10-year yield broke above 2% for the first time since August 2019. Stocks sold off and… Source link

Shares of Digital Turbine Inc. APPS, +2.06% shot up 9.7% in premarket trading Tuesday, putting them on track to post a seventh-straight gain, after the media and mobile communications company announced a multi-year partnership with Alphabet Inc.’s GOOGL, +0.67% Google. With the partnership, Digital Turbine will with with Google Cloud partner SADA to implement Google’s business and cloud offerings to support growth. “By partnering… Source link