Stock futures edged up Tuesday evening as investors looked ahead to the Federal Reserve’s final monetary policy decision of 2021 and weighed the central bank’s potential response to persistent inflationary pressures. Contracts on the S&P 500 ticked higher. The blue-chip index closed out Tuesday’s session in the red for a second straight session, with technology stocks leading the way lower. The Nasdaq ended the session down by more than 1%. All eyes on Wednesday will be on the Federal… Source link
Read More »Google-backed neobank Open acquires Finin for $10 million – TechCrunch
Open has acquired consumer neo-banking startup Finin for $10 million as the Bangalore-based, Google-backed business-focused neobanking platform looks to broaden its offerings and deepen relationships with banks. The deal involves both cash and stock, the two said. Launched in 2019, Finin is among the first consumer-focused neobanking startups in India. The startup, which had raised about $1 million from Unicorn India Ventures and others, will see key executives… Source link
Read More »Futures open flat as Omicron concerns subside
Stock futures opened relatively flat on Wednesday evening, though sustaining gains posted by a three-day recovery rally that was led by cooled investor concerns around the Omicron variant. Dow futures inched up 0.02%, while contracts on the tech-focused Nasdaq Composite ticked up 0.10%. All major indexes closed up, with the S&P 500 gaining 14.46 points to close the session at 4,701.21, just 0.5% shy of the trading session on Nov. 24, a day before the latest COVID-19 variant was announced by… Source link
Read More »Stock futures open higher, recovering some losses
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
Read More »Stock futures open slightly higher as tech-led drop
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
Read More »Stock market news live updates: Stock futures open higher
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
Read More »Starbucks, Amazon team up to open cashier-less store, cafe in NYC
Starbucks (SBUX) has teamed up with Amazon (AMZN) Go to deliver a new store concept to consumers in New York City — one without any cashiers. The new Starbucks Pickup, located at 59th Street between Park & Lexington Avenue, is set to open to the public on Thursday, November 18th. The retail experience uses the order ahead feature on the Starbucks app and Amazon Go’s Just Walk Out technology to create a touch-less experience, the companies announced on Thursday. The team-up is part of the… 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 »Stock futures open slightly higher
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
Read More »