Tag Archives: higher

Stock futures rose Wednesday evening to steady after dropping earlier, with investors assessing the latest headlines on the Omicron variant and mulling lingering concerns around inflation. Contracts on each of the S&P 500, Dow and Nasdaq traded higher as the overnight session kicked off. The three major indexes slid during the regular trading day, after the Centers for Disease Control and Protection announced that the first confirmed case of the Omicron variant had been identified in the U.S…. Source link

Stock futures opened slightly higher Monday evening after a mixed session, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank. Contracts on the S&P 500 rose. Earlier, the blue-chip index set an all-time intraday high before pulling back to end in the red, with a drop in technology stocks dragging on the index. The Nasdaq underperformed with a drop of more than 1%, while the Dow ended narrowly in the green. Shares of… Source link

U.S. stock futures opened higher Thursday night, with contracts on the Dow, S&P 500 and Nasdaq each moving to the upside. U.S. stocks closed Thursday’s session mixed, with technology and retail shares leading the S&P 500 (^GSPC) and Nasdaq (^IXIC) higher while economic data pointed to a recovering labor market.  The Dow (^DJI) slipped 230 points (0.2%), pressured by a drop in shares of Cisco (CSCO). The computer networking company posted quarterly results after the bell Wednesday that fell… Source link

Sweetgreen (SG) shares closed 76% higher — at $49.50 each — on their first day of trading on the New York Stock Exchange. The salad restaurant chain almost doubled its valuation during its public debut. Shares opened at $52 each after the IPO was priced at $28.  Sweetgreen sold 13 million shares, raising $364 million in the initial public offering.  The company has been expanding beyond urban areas into suburban communities. It also has a growing online order presence.  “We built out a… Source link

The White House has made a pivot in recent weeks to frame the president’s current economic agenda as one that won’t exacerbate inflation and might even help ease the ongoing price pressures. Experts tend to back them up, noting that the just-signed infrastructure bill and the still-being-negotiated Build Back Better Act, Biden’s social policy legislation, are largely paid for and would not be expected to infuse a huge amount of money into the economy quickly. But that isn’t exactly true… Source link

Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green.  Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link

Stock futures opened higher Thursday evening after a mixed session in the markets, with both earnings and inflation data remaining at the center of investor attention. Contracts on the S&P 500 edged higher. Earlier Thursday, the index rose for the first time in three sessions, buoyed by a jump in technology stocks that posted a rebound after a drop on Wednesday. The index was on track to end the week marginally lower after five straight weeks of gains, but still held just slightly below… Source link

Stock futures rose Friday morning as traders eyed the Labor Department’s October jobs report, which showed a better-than-expected pick-up in payroll growth and another improvement in the unemployment rate.  Contracts on the S&P 500 advanced. A day earlier, the blue-chip index rallied to a record high, logging a sixth straight record close as technology stocks advanced. The Nasdaq also jumped amid the broad move higher in tech shares, while the Dow closed lower for the first time in six… Source link

Stock futures opened slightly higher Wednesday evening after a mixed day in the markets, with the major equity indexes pulling back from record levels. Traders looked ahead to more earnings and economic reports on Thursday.  Contracts on the S&P 500 ticked up. The blue-chip index dropped on Wednesday after posting two consecutive days of record closing highs. The Dow also declined, while the Nasdaq ended slightly higher.  Investors on Thursday are set to receive more earnings data, as well… Source link

Tesla’s (TSLA) record profits for the fourth quarter are sending shares toward record highs. The next catalyst to take the stock up could be the electric vehicle giant’s autonomous program, Oppenheimer analyst Colin Rusch told Yahoo Finance Live. “Valuation is pretty substantial for the company, and it’s really predicated in our view, around their ability to deliver on the autonomous program,” he said. “We think the EV program where they’ve done a tremendous job and are continuing to make… Source link