Stock futures opened slightly higher Thursday evening as investors considered the latest batch of earnings and economic data and continued to contemplate the path forward for monetary policy. Contracts on the S&P 500 edged up. Earlier, the index narrowly eked out its first positive trading session in three days. Technology stocks led the way higher, and the Nasdaq outperformed. Traders this week have watched a number of market concerns unfold, with infections related to the Delta variant… Source link
Read More »Stock futures open TK after Fed minutes point to taper talk
Stock futures opened slightly lower Wednesday evening after a selloff during the regular trading day, driven by jitters over a potential shift in monetary policy that might remove some of the stimulus underpinning equity markets. Contracts on the S&P 500 ticked lower. Earlier, both the S&P 500 and Dow dropped more than 1% to post a back-to-back session of gains. Shares of Robinhood (HOOD) dropped more than 8% after the trading platform delivered its first earnings report since going… Source link
Read More »U.S. Futures Slip Amid Caution Over Covid, Fed: Markets Wrap
(Bloomberg) — U.S. equity-index futures fell and the dollar weakened as investors assessed the outlook for economic recovery and awaited the latest Federal Reserve minutes to gauge the direction of monetary policy. Contracts on the S&P 500 Index slipped 0.1% after the underlying gauge fell on Tuesday by the most in four weeks. The dollar halted a two-day rally and Treasury yields were steady. Oil rebounded from a four-day slump a U.S. industry report pointed to a drop in domestic crude… Source link
Read More »Stock futures extend declines after S&P 500’s worst day in a month
Stock futures opened lower Tuesday evening to extend declines after a steep drop earlier in the day, after a weaker-than-expected print on U.S. retail sales called into question the strength of the ongoing economic recovery. Contracts on the S&P 500 dipped. The index dropped 0.7% during the regular trading day on Tuesday to end a five-session winning streak and post its biggest decline in a month. Cyclical and reopening stocks including cruise lines and airlines sold off, and the small-cap… Source link
Read More »Stock futures fall after retail sales disappoint, earnings come in mixed
Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending. The S&P 500 declined after closing at an all-time high by the end of Monday’s session. That marked the index’s fifth consecutive record close. The Dow and Nasdaq also traded lower. Shares of Dow component Walmart ( Source link
Read More »Stocks, Futures Fall as Traders Await Fed Signals: Markets Wrap
(Bloomberg) — U.S. stock-index futures fell and Treasuries climbed amid concern the economic recovery from the pandemic is faltering and investor nervousness in the run-up to the Federal Reserve’s Jackson Hole symposium in late August. September contracts on the S&P 500 Index declined 0.3% after the underlying gauge notched up another record high on Friday. Ten-year U.S. yields slid three basis points and the dollar rose. Chinese stocks gave up gains as the country’s retail sales and… Source link
Read More »Stock futures trade mixed, hovering near all-time highs
Stock futures opened mixed Thursday evening, holding near record levels as investors digested the latest, mixed set of economic data and earnings results. Contracts on the Nasdaq and S&P 500 ticked lower, while Dow futures gained. Both the S&P 500 and Dow ended at record closing levels on Thursday, continuing to make new highs as optimism over both the pace of the economic recovery and strength in corporate earnings results lingered. Disney (DIS) shares jumped in late trading after the Dow… Source link
Read More »Stock futures mixed after S&P 500, Dow set records
Stock futures opened little changed Wednesday evening after another record-setting session, as investors took into account a report pointing to contained inflationary pressures and considered the likelihood of more government spending on infrastructure. Contracts on the S&P 500 hugged the flat line. Both the blue-chip index and the Dow rose to record intraday and closing levels for a second straight session on Wednesday. One of the latest sources of fuel for equities came after the Labor… Source link
Read More »Stock futures hover near all-time highs
Stock futures opened near the flat line Tuesday evening after another record-setting day for Wall Street, with the S&P 500 and Dow each rallying to all-time highs on the back of the U.S. Senate passage of a major infrastructure bill. Contracts on the S&P 500 drifted sideways. Earlier, the blue-chip index and the Dow each both reached record intraday and closing highs, with shares of industrials and materials companies, as well as other names closely tied to the economic recovery leading the… Source link
Read More »Stock futures gain as traders eye virus risks
Contracts on the S&P 500 ticked up. Earlier, both the blue-chip index and the Dow sank, dragged down by energy stocks amid concerns over reinstated travel restrictions in China due to rising coronavirus infections. U.S. West Texas intermediate crude oil futures fell on Monday to add to last week’s losses, bringing prices to the lowest level in three weeks. Shares of AMC Entertainment (AMC) gained in late trading after the movie theater operator topped second-quarter revenue estimates, with… Source link
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