Stock futures ticked up Thursday evening after a mixed session earlier, when the Nasdaq ended within striking distance of a record high while the Dow posted a fourth straight session of losses. Technology stocks rallied during Thursday’s regular session as Treasury yields fell. Traders piled back into bonds after selling immediately following the Federal Reserve’s monetary policy decision and updated projections on Wednesday, which suggested two interest rate hikes could take place by… Source link
Read More »Stock futures extend declines after Fed outlook signals rate hikes
Stock futures opened lower Wednesday evening as investors contemplated the Federal Reserve’s latest monetary policy decision and updated projections, which signaled a quicker path to higher interest rates than previously anticipated. Contracts on the S&P 500, Dow and Nasdaq added to earlier losses. Each of the three major stock indexes ended Wednesday’s session lower after the Fed’s new projections pointed to two rate hikes by year-end 2023. Federal Open Market Committee members also upgraded… Source link
Read More »Stock futures drift higher ahead of Fed decision
Stock futures traded slightly higher Tuesday evening as investors looked ahead to a key monetary policy decision from the Federal Reserve. Contracts on the S&P 500 edged up. Earlier, the three major U.S. stock indexes closed out the session lower, with both the S&P 500 and Nasdaq pulling back from record highs logged earlier this week. Traders are anxiously awaiting the conclusion of the Federal Reserve’s latest monetary policy meeting, which will culminate with a policy statement Wednesday… Source link
Read More »Stock futures mixed as investors digest retail sales, inflation data
Stock futures were mixed Tuesday morning investors considered a spate of new economic data, including a weaker-than-expected print on consumer spending during the recovery. Contracts on the S&P 500 and Nasdaq rose, while contracts the Dow fluctuated between gains and losses. Investors considered another batch of key economic data out Tuesday morning, offering looks at both the strength of the consumer and extent of price increases across the supply chain. The Commerce Department’s May… Source link
Read More »Stock Futures Are Off to Positive Start Ahead of Monday’s Session
After finishing last week on a high note, with the S&P 500 back in record territory and posting its third week in a row of gains, all eyes are on the Fed. The S&P 500 finished last week at 4,247.44, a gain of more than 8% on the day and up slightly for the week. The Dow Jones Industrial Average, meanwhile, closed higher on Friday but declined slightly for the week. S&P 500, Dow and Nasdaq futures are all trading slightly in the green in early evening on Sunday, as is the oil price. DeMark… Source link
Read More »Stock futures trade flat after strong inflation data
Stock futures traded little changed Thursday evening as investors looked beyond a hotter-than-expected report on inflation. Contracts on the S&P 500 hugged the flat line after the index set a new record high during the regular trading day. During the trading day, the health care, real estate and information technology sectors outperformed, while the cyclical financials and industrials sectors lagged. The 10-year yield erased earlier gains to come back below 1.5%. The Bureau of Labor… Source link
Read More »Stock futures gain ahead of inflation data
Stock futures opened slightly higher Wednesday evening as traders looked ahead to a key print on consumer price changes, which will help elucidate the path forward for monetary policymakers during the recovery coming out of the pandemic. Contracts on the S&P 500 rose slightly. During the regular session, the index came within 1 point of its recent all-time high, but ultimately failed to set a new record. Dow and Nasdaq futures were also higher in the after-hours session. Shares of GameStop… Source link
Read More »Stock futures struggle for direction
Stock futures traded mixed Wednesday morning as investors considered more mixed data on the U.S. economic recovery and a resurgence in the social media-fueled “meme stocks.” Contracts on the S&P 500 ticked higher. The index closed out Tuesday’s regular session within half a percent of its all-time high, with traders searching for new catalysts to send the broader market higher. Worries over heightened inflation lingered, and concerns over supply-side shortages were fanned further after new… Source link
Read More »Stock futures drift higher ahead of May jobs report
Stock futures opened slightly higher Thursday evening, ticking up as investors awaited a key print on the U.S. labor market. Contracts on each of the S&P 500, Dow and Nasdaq rose after declining during the regular trading day. Traders are awaiting the May jobs report out Friday morning, which will offer another look at the strength of the labor market recovery and whether the economy has recovered enough to warrant a pivot in monetary policy stance from the Federal Reserve. Consensus… Source link
Read More »Stock futures drift higher ahead of jobs data
TipRanks 2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’ Let’s talk about defending your portfolio. It’s a common impulse for most investors, when the economy starts to turn sour. We’re in a growth phase now, with economic activity rebounding strongly from the corona-crisis shutdowns, and with reopening getting into full stride, economists are predicting up to 8% GDP expansion this year. But there are clouds on the horizon. Inflation is rising, and the April jobs report was,… Source link
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