Stocks were mixed on Monday as investors eyed the escalating threat of Russian invasion in Ukraine alongside ongoing concerns over inflation and an aggressive move toward policy tightening by the Federal Reserve. The S&P 500 fluctuated between small gains and losses after last week’s roller-coaster sessions on Thursday and Friday. Treasury yields rose and the 10-year yield hovered back near 2%. Oil prices steadied after a recent run-up as Russia’s Foreign Minister Sergey Lavrov said he was… Source link
Read More »Stocks mixed ahead of busy week of earnings, data
Stocks were mixed Monday as traders looked ahead to another packed week of corporate earnings results and economic data in the wake of the Federal Reserve’s latest monetary policy pivot. The S&P 500 and Dow declined, while the Nasdaq gained just after the opening bell. Treasury yields edged slightly higher on the long end of the curve, with the benchmark 10-year yield edging back above 1.8%. U.S. crude oil prices built on recent gains after rising for a sixth straight week. January marked a… Source link
Read More »Stock futures open mixed, Nvidia jumps after earnings
Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results. Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high. Nvidia (NVDA) shares jumped in… Source link
Read More »Stock futures open mixed to hover below records
Stock futures traded mixed Wednesday morning as investors digested a set of mixed corporate earnings results from more major retailers. Contracts on the S&P 500 and Nasdaq were slightly higher, while the Dow pointed to a lower open. Tesla (TSLA) shares extended gains in early trading after jumping 4% for their first rise in four sessions on Tuesday. Peloton (PTON) shares dipped after surging by nearly 16% on Tuesday in its best day since May 2020, after the company announced a secondary… Source link
Read More »Stocks trade mixed as investors eye DC votes
Stocks were mixed Monday as investors closely monitored developments in Washington, D.C., as lawmakers rush to try and avert a government shutdown and advance a bevy of new measures. The S&P 500 fell to give back some gains after the blue-chip index posted a three-day winning streak at the end of last week. The Nasdaq lagged with a drop of more than 0.8% as Treasury yields climbed. The benchmark 10-year yield extended last week’s gains to top 1.48%, reaching its highest level since June as… Source link
Read More »Stock futures trade sideways after mixed economic data
Stock futures opened little changed Thursday evening after a mixed session earlier, with investors digesting a slew of mixed economic data and its implications for monetary policy. Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and the Dow ended lower, coming off session lows by market close but failing to break into positive territory. The latest set of U.S. economic data out Thursday painted a more upbeat than anticipated picture of the U.S. consumer…. Source link
Read More »Stock futures open mixed ahead of Fed’s Jackson Hole event
Stock futures traded sideways Wednesday evening to hold near record levels, as traders anxiously awaited the start of a key Federal Reserve event on Thursday. Contracts on the S&P 500 opened little changed after the index reached a new record level during the regular trading day and logged a fifth consecutive session of gains. The Nasdaq had also reached a fresh record high. Shares of Dow component Salesforce.com (CRM) edged higher in late trading after the software company boosted its… Source link
Read More »Stock futures fall after retail sales disappoint, earnings come in mixed
Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending. The S&P 500 declined after closing at an all-time high by the end of Monday’s session. That marked the index’s fifth consecutive record close. The Dow and Nasdaq also traded lower. Shares of Dow component Walmart ( Source link
Read More »Stock futures trade mixed, hovering near all-time highs
Stock futures opened mixed Thursday evening, holding near record levels as investors digested the latest, mixed set of economic data and earnings results. Contracts on the Nasdaq and S&P 500 ticked lower, while Dow futures gained. Both the S&P 500 and Dow ended at record closing levels on Thursday, continuing to make new highs as optimism over both the pace of the economic recovery and strength in corporate earnings results lingered. Disney (DIS) shares jumped in late trading after the Dow… Source link
Read More »Stock futures mixed after S&P 500, Dow set records
Stock futures opened little changed Wednesday evening after another record-setting session, as investors took into account a report pointing to contained inflationary pressures and considered the likelihood of more government spending on infrastructure. Contracts on the S&P 500 hugged the flat line. Both the blue-chip index and the Dow rose to record intraday and closing levels for a second straight session on Wednesday. One of the latest sources of fuel for equities came after the Labor… Source link
Read More »