Stock futures opened higher Tuesday evening to recover some losses after a selloff earlier, when more hawkish remarks from Federal Reserve Chair Jerome Powell compounded with lingering uncertainty around the Omicron variant and its impacts on the economy. Contracts on the S&P 500 rose after the index closed lower by nearly 2% Tuesday afternoon. The S&P 500 closed out November with a monthly drop of 0.8%, with volatility over the past week wiping out prior gains following the discovery of… Source link
Read More »Stock futures extend gains as virus fears ease
Stock futures opened higher on Monday to hold onto gains after a recovery rally, with investors at least temporarily shaking off concerns over a new coronavirus variant and looking ahead to new market catalysts. Contracts on the S&P 500, Dow and Nasdaq rose. Each of the three major indexes had ended the regular trading day solidly in the green, with technology stocks leading the way higher and helping pull the Nasdaq up by nearly 2%. Investors were heartened by remarks from the White… Source link
Read More »Stock futures edge lower ahead of inflation data
Stock futures dipped Tuesday evening, holding lower following an extended rout in technology stocks. Investors also anxiously awaited a packed slate of economic data results out Wednesday before a holiday market closure. Rising interest rates coincided with a selloff in tech and growth stocks for a second day this week, with the Nasdaq dropping another 0.5% after Monday’s more than 1% decline. The Dow held up strongly and added nearly 200 points, with energy and financials stocks… Source link
Read More »Stock futures open slightly higher as tech-led drop
Stock futures opened slightly higher Monday evening after a mixed session, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank. Contracts on the S&P 500 rose. Earlier, the blue-chip index set an all-time intraday high before pulling back to end in the red, with a drop in technology stocks dragging on the index. The Nasdaq underperformed with a drop of more than 1%, while the Dow ended narrowly in the green. Shares of… Source link
Read More »Stock market news live updates: Stock futures open higher
U.S. stock futures opened higher Thursday night, with contracts on the Dow, S&P 500 and Nasdaq each moving to the upside. U.S. stocks closed Thursday’s session mixed, with technology and retail shares leading the S&P 500 (^GSPC) and Nasdaq (^IXIC) higher while economic data pointed to a recovering labor market. The Dow (^DJI) slipped 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterly results after the bell Wednesday that fell… Source link
Read More »Stock futures open mixed, Nvidia jumps after earnings
Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results. Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high. Nvidia (NVDA) shares jumped in… Source link
Read More »Stock futures open mixed to hover below records
Stock futures traded mixed Wednesday morning as investors digested a set of mixed corporate earnings results from more major retailers. Contracts on the S&P 500 and Nasdaq were slightly higher, while the Dow pointed to a lower open. Tesla (TSLA) shares extended gains in early trading after jumping 4% for their first rise in four sessions on Tuesday. Peloton (PTON) shares dipped after surging by nearly 16% on Tuesday in its best day since May 2020, after the company announced a secondary… Source link
Read More »Stock futures edge higher ahead of retail sales
Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green. Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link
Read More »Futures rise on tech strength; Tesla extends losses
By Ambar Warrick and Devik Jain (Reuters) – U.S. stock index futures rose on Monday as major technology stocks advanced, while investors awaited a slew of retail earnings and economic data this week to gauge the health of consumer spending. The three major Wall Street indexes had fallen between 0.3% and 0.7% last week on concerns over high inflation and weakening consumer sentiment. Investors had begun pivoting into economically resilient sectors, mainly technology, towards the end of the… Source link
Read More »Stock futures open slightly higher
Stock futures opened higher Thursday evening after a mixed session in the markets, with both earnings and inflation data remaining at the center of investor attention. Contracts on the S&P 500 edged higher. Earlier Thursday, the index rose for the first time in three sessions, buoyed by a jump in technology stocks that posted a rebound after a drop on Wednesday. The index was on track to end the week marginally lower after five straight weeks of gains, but still held just slightly below… Source link
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