Tag Archives: retreat

Stock futures opened slightly lower Thursday evening after a record-setting session earlier in the day, with strong earnings results and more encouraging economic data helping support the latest leg higher in risk assets.  Contracts on the S&P 500 edged down, after the index closed at an all-time high of more than 4,200 earlier in the session. Dow and Nasdaq futures also retreated. Shares Amazon (AMZN) jumped in late trading after reporting first-quarter results and current-quarter guidance… Source link

(Bloomberg) — U.S. equities slipped from all-time highs as technology shares faltered ahead of a batch of earnings reports from industry heavyweights. The S&P 500 fell for the first time in three sessions, with Tesla Inc. and Alphabet Inc. the biggest contributors to the decline. The tech-heavy Nasdaq 100 fell the most among the major U.S. indexes. 3M Co. weighed down the Dow Jones Industrial Average after it warned that rising costs for raw materials and transportation is a worsening… Source link

(Bloomberg) — Futures followed stocks lower Monday as investors braced for a flood of earnings amid doubts about an uneven economic recovery. U.S. equity futures slipped across the board following a third straight week of gains and fresh records for the S&P 500 Index. In Europe, retailers and travel companies led declines on the Stoxx Europe 600 Index. The yield on 10-year Treasuries steadied before a round of auctions that will be widely watched for their potential to extend the rate surge… Source link

undefined Stock traded higher on Monday as technology stocks rose to recover some of last week’s declines. [Click here to read what’s moving markets heading into Tuesday, March 23] The Dow turned positive even as shares of component companies JPMorgan Chase (JPM) and Goldman Sachs (GS) lagged. Bank stocks, industrials and other cyclical shares including small caps underperformed, giving back some recent gains. Technology shares outperformed after another week of declines last week, and the… Source link

(Bloomberg) — Technology shares rose and Treasury yields retreated from the highest levels of the day as investors weighed the risk of inflation with economic growth accelerating. The yield on the benchmark 10-year Treasury had spiked earlier after the Federal Reserve let a capital break for big banks expire. Crude oil rebounded after tumbling Thursday. The S&P 500 edged higher, led by the energy and communication services sectors. JPMorgan Chase & Co. and other banks weighed on the Dow Jones… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

Stocks fell Monday morning as investors took a pause following last week’s record-setting rally. The S&P 500 dipped 0.8% after touching a fresh record closing high on Friday. The Dow dropped by more than 200 points, or 0.8%, while the Nasdaq underperformed and fell more than 1% as tech stocks came under pressure. Last week, stocks had kicked off 2021 on a strong note even amid last week’s violent protest at the U.S. Capitol, as markets looked through the near-term political turbulence and… Source link