US stocks rose Friday morning, with the S&P 500 on track to end a three-week losing streak as investors digested the Federal Reserve officials’ latest affirmations that they remained committed to bringing down inflation. Contracts on the S&P 500 rose by about 0.8% in early trading, setting the index up for a back-to-back day of gains and its first weekly advance since late May. Dow futures rose by more than 200 points, or 0.7%, while Nasdaq futures increased by nearly 1% ahead of the opening… Source link
Read More »Futures sink after biggest rally in weeks
Stocks were higher, but ultimately little changed, near midday on Wednesday, reversing losses seen shortly after the opening bell. Near 12:00 pm. ET, the S&P 500 and Dow were up about 0.1%, while the Nasdaq was higher by about 0.2%. All three averages had fallen more than 1% at the opening bell. On Tuesday, the first day of this holiday-shortened trading week, each of the three major indexes rose more than 2%, the S&P 500 logging its best day since early June with the Dow gaining the most… Source link
Read More »Stock futures slide amid renewed recession concerns
U.S. stock futures fell Thursday morning as investors weighed the potential economic costs of the Federal Reserve’s ongoing fight with inflation. Contracts on the S&P 500 fell by more than 2% in early trading, reversing course after rising 1.5% on Wednesday. Contracts on the Nasdaq declined by more than 2.5%, and Dow futures sank by more than 500 points, or 1.8%. The 10-year Treasury yield rose to about 3.44%, hovering near its highest level since 2011. Stocks, which moved initially to the… Source link
Read More »Stock futures slide as inflation, rate hike jitters mount
U.S. stock futures traded sharply lower Monday morning, with traders betting a fresh decades-high print on inflation will force the Federal Reserve to get even more aggressive than previously anticipated to help ease rising prices. Contracts on the S&P 500 and Nasdaq 100 slid more than 2% and touched the lowest levels since November 2020 during the overnight session. Dow futures sank by more than 500 points, or about 1.7%. Treasury yields rose across the curve, and the benchmark 10-year yield… Source link
Read More »Stock futures mixed before key inflation report
U.S. stock futures struggled for direction Friday morning as investors awaited an update on inflation, which is expected to hover near a 40-year high amid elevated prices for gas, food and a variety of other goods and services. Contracts on the S&P 500 and Dow were each off by about 0.2% in pre-market trading. Nasdaq futures traded flat to slightly higher. Treasury yields rose along the short-end of the curve, while the benchmark 10-year yield steadied around 3.03%. U.S. crude oil prices rose… Source link
Read More »Stock futures drift lower before Fed minutes
U.S. stock futures traded lower Wednesday morning, as investors looked to shake off the latest wave of selling sparked amid growing concerns about the impact of inflation on company profits and the broader economy. Traders also awaited the Federal Reserve’s meeting minutes later in the day, which may help further clarify the path of monetary policy in the near-term. Contracts on the S&P 500 edged lower, steadying after Tuesday’s renewed rout. Dow and Nasdaq futures were each also off slightly… Source link
Read More »Stock futures rise to recover from bear market brink
U.S. stock futures rose Monday morning, with equities coming off a seven-week losing streak on more solid footing as investors shook off some recent volatility and digested fresh trade-related remarks from the Biden administration. Contracts on the S&P 500 gained more than 1% in early trading. The index had closed out Friday’s session flat on the day but down 18.7% from its Jan. 5 record closing high to come within striking distance of a bear market, defined once an index closes at least 20%… Source link
Read More »Stock futures rise to extend gains after Powell comments
U.S. stock futures opened higher Tuesday afternoon after rallying during the regular trading day, as investors took in reassurances from Federal Reserve Chair Jerome Powell that the central bank was set on using its policies to bring down inflation still running at multi-decade highs. Contracts on the S&P 500 edged higher. The blue-chip index ended Tuesday’s regular trading day higher by 2% to settle at at 4,088.85. Technology and growth stocks that had been beaten down over the past month… Source link
Read More »Stock futures rise as indexes aim to pare weekly losses
U.S. stock futures gained Friday morning, though the major indexes are still headed for losses for the week after concerns over persistent inflation and the resilience of the U.S. economy stirred up further volatility in recent sessions. Contracts on the S&P 500 and Nasdaq rose more than 1%, and Dow futures added more than 200 points during the pre-market sessions. The sharp move higher came after Federal Reserve Chair Jerome Powell reaffirmed in an interview with Marketplace public radio on… Source link
Read More »Stock futures drift ahead of inflation data
U.S. stock futures opened flat Tuesday evening, as investors looked ahead to a key report on the state of inflation in the U.S. to help clarify the path forward for monetary policy. A key datapoint due for release Wednesday morning will be the Labor Department’s April Consumer Price Index (CPI), offering an update on price increases across the U.S. economy. Economists expect the report will show some deceleration in inflation rates and confirm that March was the peak for price gains this… Source link
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