Stock futures slipped Wednesday evening heading into overnight trading after equities did an about-face in the earlier session, plummeting from record highs as investors mulled the likelihood of tighter Federal Reserve policy and interest rate hikes as soon as March. Contracts on all three major indexes were down to extend a bearish day, spurred by the release of minutes from the Federal Open Market Committee’s (FOMC) meeting December 15 that flagged concerns from policymakers about worsening… Source link
Read More »Ford shares rise 12% after news of production increase for electric F-150 Lightning pickup
Ford (F) shares closed at their highest level in 21 years after the automaker announced it would nearly double production capacity to meet demand for its upcoming F-150 Lightning electric pickup truck. Ford’s stock gained 12% and was the No. 1 trending ticker on Yahoo Finance during the trading session on Tuesday. The Dearborn, Michigan, based company has surpassed GM (GM) and Rivian (RIVN) in market capitalization as it pushes further into the EV space. “It’s very exciting to announce… Source link
Read More »Stock market news live updates: December 31, 2021
Futures ticked down Friday morning ahead of Wall Street’s last trading day of 2021, hinting at a quiet end to a strong year for the markets. Over the past two years, the final day of the year-end bull run known to investors as the Santa Claus Rally has typically been bearish, Probabilities Fund Management chief market strategist Jeffrey A. Hirsch points out in his Stock Trader’s Almanac. U.S. equity markets will be open regular hours this New Year’s Eve for the first time in a decade,… Source link
Read More »Stock market news live updates: December 30, 2021
U.S. stock futures ticked up ahead of open on Thursday after the S&P 500 and Dow each extended a rally to close at all-time highs amid a thinly-traded last week of 2021 on Wall Street. Contracts on the Dow, S&P, and Nasdaq were up modestly as the markets looked to build on earlier gains. This week’s market swings were exaggerated by the low trading volumes. Economic and earnings calendars remain light for the final two trading days of the year, though investors will turn their attention on… Source link
Read More »Stock market news live updates: December 29, 2021
U.S. stock futures were muted on Tuesday after the S&P 500 took a breather in earlier trading, closing out a choppy session day in the red after the index ceased a four-day climb toward its 70th all-time high. Contracts on the Dow, S&P and Nasdaq ticked up slightly but were mostly flat. Markets closed on a mixed note following seesaw action from all three major indexes as investors weighed rising coronavirus cases across the globe. After reaching an intraday high, the S&P 500 reversed course… Source link
Read More »Stock market news live updates: December 28, 2021
U.S. stock futures were up Tuesday morning after the S&P 500 closed at another record high in an all-around strong day for markets that jump-started the anticipated year-end bull run known to investors as the Santa Claus Rally. Contracts on the S&P 500, Dow, and Nasdaq were up modestly ahead of the day’s trading session. The Dow and Nasdaq were each up about 70 points, while the S&P inched about 10 points higher. For the second consecutive trading session, the S&P 500 soared past its previous… Source link
Read More »Stock market news live updates: December 27, 2021
Stock futures crept up on Monday as investors head into a quiet final week of the year, with lower trading volumes and light economic data and corporate earnings releases. Contracts on all three major indexes were in the green ahead of the trading session but ticked up only slightly after last week’s rally heading into the Christmas weekend. The S&P 500 closed at a record on Thursday, along with the Dow Jones Industrial Average and Nasdaq, buoyed by positive data that suggested the Omicron… Source link
Read More »Fox News, RFK Jr. attacks ‘accelerated’ death threats
Dr. Anthony Fauci says he and his family continue to receive death threats amid inflammatory statements made by critics including Robert F. Kennedy Jr., a prominent anti-vaxxer whose new book is filled with wild claims attacking the nation’s top infectious disease expert. “It’s very unfortunate because I don’t think he is inherently malicious,” Fauci said of Kennedy in a wide-ranging interview with Yahoo News on Tuesday. “I just think he’s a very disturbed individual.” The… Source link
Read More »Stock market news live updates: December 21, 2021
U.S. stock futures ticked up on Monday after a brutal day for markets in earlier trading, ignited by renewed investor fears that swelling Omicron case numbers could derail economic recovery and worsen inflationary pressures. Contracts on the Dow, S&P and Nasdaq turned green, creeping up declines in the daytime session. Futures for the Dow Industrial Average were up 102 points headed into overnight training, while the S&P and Nasdaq also changed course following drops of nearly 2% each for all… Source link
Read More »Hedge fund veteran cites ‘quite good’ news for the S&P 500
The S&P 500 is showing its strength amid concerns over the Omicron variant of COVID-19 casting a shadow over markets, morale, and hospitals this holiday season. Despite the uncertainties caused by this latest chapter of the pandemic, the index’s large caps are doing much better than their smaller counterparts, hedge fund veteran Nicholas Colas pointed out on Monday in the DataTrek newsletter. The returns since Nov. 24, when the variant first was reported to the World Health Organization,… Source link
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