Tag Archives: gains

Wall Street aims to build on gains as COVID-era benefits expire

Stocks dipped in early trading on Tuesday, with Wall Street indices hovering close to last week’s record highs, with analysts closely watching the end of pandemic-era jobless benefits and its impact on the labor market as the COVID-19 pandemic clouds the outlook. Last week, the S&P 500 Index set an all-time high, and the Nasdaq Composite briefly hitting an intraday record, despite August’s jobs data falling far short of market expectations. While payrolls showed the economy creating a… Source link

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Stock futures rise as equities look to extend August gains

Stock futures opened higher Tuesday evening, with the major equity indexes holding near all-time highs heading into the first session of September.  Contracts on the S&P 500 rose. The index closed out a seventh straight monthly gain in August, rising nearly 3% during the month as strong earnings growth, an ongoing economic recovery and a still-accommodative Federal Reserve helped offset fresh concerns over the Delta variant’s spread. Still, the Nasdaq outperformed with a monthly rise of 4%,… Source link

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Stocks extend gains, S&P 500 and Nasdaq set record highs

Stock futures opened little changed Tuesday evening after another record-setting session, with investors looking ahead to a key Federal Reserve event later this week. Contracts on the S&P 500 were flat to slightly higher. The index set record intraday and closing highs during the regular trading day, with investors piling into stocks in the energy and consumer discretionary sectors that had lagged over the past month. The Nasdaq also gained another 1%, rising for a fourth straight session and… Source link

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Stock futures open higher, extending gains after record-setting session

Stock futures opened higher Monday evening, building on advances following a record-setting day.  Contracts on the S&P 500 edged up. The blue-chip index set a record intraday high earlier on Monday, but ended just short of a record close. The Nasdaq outperformed and rallied 1.6% to new highs, led by gains in Big Tech stocks including Amazon (AMZN). “Reopening” stocks including the airlines and cruise lines also added to gains after rising during the regular trading day, with optimism over a… Source link

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