Stock futures opened higher Thursday evening as investors took in earnings results from some major tech companies at the end of another volatile week. Contracts on the S&P 500 gained. Dow futures also advanced, as component stock Apple (AAPL) jumped in late trading after the iPhone-maker reported record quarterly sales and better-than-expected profits despite supply chain challenges. Meanwhile, Robinhood (HOOD) shares sank after the trading platform missed on quarterly revenue, posted a… Source link
Read More »Stock futures add to losses ahead of Fed decision
Stock futures opened lower Tuesday evening after another volatile session on Wall Street, as investors looked to the Federal Reserve’s latest monetary policy meeting and press conference to remove some uncertainty on the outlook for monetary policy. Contracts on the S&P 500 sank. The index closed lower for a fifth time in six sessions on Tuesday, in a session which saw stocks rebound off their lows but fail to break into positive territory, as had been the case during Monday’s rollercoaster… Source link
Read More »Stock futures open lower, Netflix slides after subscribers miss
Stock futures opened lower after another slide in equity markets during the regular trading day, with investors rotating further away from growth and technology stocks that had outperformed early on during the pandemic. Earlier, the Nasdaq dropped another more than 1%, adding to losses after sinking into a correction earlier this week. The Nasdaq Composite has now fallen nearly 12% from its most recent record high from November. Shares of Netflix (NFLX) sank in late trading after the Source link
Read More »Stock futures recover some losses amid solid earnings
Stock futures gained Wednesday morning to steady after a broad sell-off a day earlier, as investors nervously eyed soaring bond yields and mixed earnings results from some major index components. Contracts on the S&P 500, Dow and Nasdaq gained. The Nasdaq Composite had closed out Tuesday’s session with a drop of 2.6%, bringing it to its lowest level since October. The index also came within striking distance of a correction, typically defined as a closing level at least 10% below a recent… Source link
Read More »Stocks, Futures Fall as Treasury Yields Surge: Markets Wrap
(Bloomberg) — Most stocks fell Tuesday amid a jump in global bond yields as investors girded for the removal of central bank support to quell high inflation. Most Read from Bloomberg Europe’s Stoxx 600 Index declined, with energy the only sector to advance. U.S. equity futures slipped before the market reopens later from a holiday. Asian shares struggled. Treasuries dropped across the curve, pushing two-year and 10-year yields up to levels last seen before the pandemic roiled markets. Even… Source link
Read More »Stock futures edge higher after tech selloff
Stock futures rose Thursday evening to steady after a tech-driven selloff during the regular trading day. Contracts on the Nasdaq gained after the Nasdaq Composite sank by 2.5% during the earlier session. Investors this week have been weighing concerning signs of lingering price pressures across the U.S. economy against assertions from key central bank officials that the Federal Reserve is ready to take action to bring down inflation. In Fed Governor Lael Brainard’s hearing before the… Source link
Read More »Stock futures rise before December jobs report
Stock futures opened higher Thursday evening as investors looked ahead to a key report on the U.S. labor market recovery at the end of a volatile week. Contracts on the S&P 500, Dow and Nasdaq gained as the overnight session began. On Friday, investors are set to receive the Labor Department’s December jobs report, providing an update on the extent to which labor supply shortages were still impacting the economy at the end of last year. Economists expect to see more than 400,000 non-farm… Source link
Read More »Stock futures steady after tech shares pull back
U.S. stock futures kicked off the overnight session near the flat line Tuesday evening, following a drop in technology shares during the regular trading day. Contracts on the S&P 500 were little changed. Nasdaq futures also drifted after the index dropped more than 1% during the regular trading day. Apple (AAPL) shares steadied following a decline earlier, which pulled the stock back after reaching a $3 trillion market capitalization for the first time ever at the start of the week. In the… Source link
Read More »Stock futures unchanged after Dow, S&P 500 start year at all-time highs
U.S. stock futures were sideways Monday evening after a momentous first trading day of 2022. Contracts on the Dow Jones Industrial Average, S&P 500, and Nasdaq were mostly flat after all three indexes rallied in Monday’s session. The Dow jumped nearly 250 points to notch a record close, and the S&P 500 gained 0.6% to 4,796.56, topping its previous high. The Nasdaq drew strength from a great day for tech to end 1.2% up but fell short of its last record close in November. “When I think about… Source link
Read More »Stock futures flat after strong economic data helps ease Omicron concerns
Contracts on the Dow, S&P, and Nasdaq were sideways heading into overnight trading on Wednesday, building on back-to-back sessions of gains as fears the Omicron variant would derail economic growth cooled among investors who sold-off risky assets at the start of the week on reports of swelling case numbers. Futures on all three major indexes were in the green Wednesday evening. The moves follow positive economic data that curbed worries of Omicron’s impact on the economy and inflation… Source link
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