Tag Archives: futures

Stock futures hold onto gains after Nasdaq’s best day since August

Stock futures opened in slightly positive territory on Tuesday, holding onto gains after a tech-led rebound rally during the regular session. Contracts on the S&P 500 ticked up. Earlier, Big Tech stocks led the blue-chip index higher, with investors swooping in to buy a dip in growth and technology names after a rout on Monday. That sent the Nasdaq higher by 1.3% in the index’s best day since August.  So far in October, equities have see-sawed between steep gains and losses, with investors… Source link

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Stock futures steady after technology stock rout

Stock futures opened slightly higher Monday evening after a technology-led drawdown during the regular trading day, with a rotation away from growth names picking up steam as concerns over inflation lingered.  Contracts on the Nasdaq edged up after the index dropped more than 2% Monday afternoon. Shares of technology heavyweight Facebook (FB) steadied in late trading after shedding nearly 5% earlier, with an hours-long platform outage adding to a string of negative coverage raising further… Source link

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Stock futures fall ahead of data-heavy week

Stock futures pointed to a lower open on Monday, giving back some of Friday’s gains as traders awaited new economic and earnings data this week to confirm or assuage concerns over supply chain challenges, inflation and the pace of the labor market’s recovery.  Contracts on the S&P 500 fell by 0.4% with about two hours to go until the opening bell. Last Friday, the first day of October and the fourth quarter, the blue-chip index logged its best start to the month since 2007 with a jump of… Source link

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European Futures Rise; Evergrande Hits Asia Stocks: Markets Wrap

(Bloomberg) — Asian stocks and U.S. equity futures started the week on the back foot, as investors weighed the prospects for growth against concern over inflationary pressures. Most Read from Bloomberg Japanese and Hong Kong shares dropped. Earlier gains vanished after trading of China Evergrande Group shares was suspended in Hong Kong, along with those of its property management unit. Mainland Chinese markets are closed through Thursday for the Golden Week holidays. Australian shares bucked… Source link

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Stocks, Futures Begin New Quarter With Declines: Markets Wrap

(Bloomberg) — U.S. and European futures started October on the back foot alongside Asian stocks, after overnight losses in the S&P 500 capped its biggest monthly selloff since March 2020. Most Read from Bloomberg Shares slumped in Japan and Australia, and a gauge of Asian stocks hit its lowest in more than a month. China began a week-long holiday and Hong Kong’s market was shut Friday. The S&P 500 closed at the lowest level since July, extending its September losses to almost 5%…. Source link

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Stock futures edge up after September slump

Stock futures opened slightly higher Thursday evening after dropping during the regular session, with equities ending a volatile month in the red. The S&P 500 ended a seven-month winning streak in September, posting an about 4.8% monthly decline. The Dow ended September lower by 4.4%. The Nasdaq underperformed, shedding 5.4% amid a broad rotation away from growth and technology stocks as expectations for elevated inflation and higher rates took holding.  “As I look at my ‘what am I going to… Source link

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Stock futures open slightly higher

Stock futures opened higher Wednesday evening heading into the final session of September and the third quarter, with investors continuing to eye moves in Treasury bond yields and debates in Washington as a possible government shutdown looms.  Contracts on the S&P 500 ticked above the flat line. The index was on track to post its first monthly decline since January, with concerns around fiscal and monetary policy, inflation, regulations in China and the ongoing pandemic all colliding to… Source link

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Stock futures steady after tech-led selloff

Stock futures opened flat to slightly higher Tuesday evening after a tech-led selloff during the regular trading day. Concerns over rising Treasury yields and sparring among Washington lawmakers over the debt ceiling and government funding weighed heavily on equities. Contracts on the Nasdaq ticked up. The index closed out Tuesday’s regular session lower by 2.8%, posting its biggest drop since March. The S&P 500 and Dow also fell sharply. The decline in technology stocks came as Treasury… Source link

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Stock futures drop, Nasdaq sinks as Treasury yields climb

Stock futures sank Tuesday morning, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields.  Futures on the Nasdaq, a proxy for technology and growth stocks, underperformed against the other two major stock indexes, dropping 1.5% ahead of the opening bell.  The rapid rotation away from growth and technology stocks came as Treasury yields added to recent gains. The yield on the benchmark 10-year note jumped more than 5 basis points to top… Source link

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Stock futures steady after S&P 500’s best day since July

Stock futures held onto gains after equities’ best day since July, with the major indexes looking to shake off earlier volatility and end the week on a high note. The S&P 500 paced toward a weekly gain of 0.4% as of Thursday’s close.  Equity investors have managed to look past concerns over China Evergrande’s debt crisis, uncertainty over monetary and fiscal policy and ongoing debates in Washington over the debt ceiling to trade higher.  Cyclical stocks including the industrials, energy and… Source link

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