Stock futures opened in slightly negative territory Monday evening, holding lower after a further rise in commodity prices escalated concerns over inflation heading into corporate earnings season. Contracts on the S&P 500 ticked down. The index ended Monday’s session in the red, weighed down by a drop in the communication services and utilities sectors. Both the Nasdaq and Dow also fell. Energy and commodity prices, meanwhile, extended a swift march higher. U.S. West Texas intermediate crude… Source link
Read More »Stock futures edge higher, steadying amid earnings, lingering virus concerns
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 »Stocks mixed amid lingering inflation concerns, S&P 500 hovers near record high
Stock futures opened near the flat line Monday evening after a meandering session during the regular trading day. Contracts on the S&P 500 ticked up. Earlier, the index ended just a tick below the flatline and was less than half a percent below its all-time high. The Dow also ended lower, while the Nasdaq pushed into positive territory. Investors this week have been digesting signals from officials over the path forward for monetary and fiscal policies, and what these might suggest for… Source link
Read More »Stocks mixed amid lingering inflation concerns, S&P 500 hovers near record high
Stocks struggled for direction Monday morning as investors weighed the prospects of higher inflation and rates in the U.S. against Friday’s solid print on the U.S. labor market recovery. The Dow turned slightly lower, while the Nasdaq pushed into positive territory. The S&P 500 was little changed, and the index hovered just below its record high. On Sunday, U.S. Treasury Secretary Janet Yellen suggested higher interest rates “would actually be a plus for society’s point of view and the… Source link
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