Tag Archives: Rise

Stock futures rise after economic data tops estimates, stoking rise in reopening stocks

Stock futures rise after economic data tops estimates, stoking rise in reopening stocks

Stock futures opened higher Thursday evening as investors awaited new economic data on consumer spending, income and inflation out Friday morning and considered stronger-than-expected data reports out earlier this week. Contracts on the S&P 500 advanced after the blue-chip index closed out a back-to-back session of gains on Thursday. Contracts on the Dow added more than 100 points, while contracts on the Nasdaq also increased in late trading.  Shares of Dow-component Salesforce (CRM) gained… Source link

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Stock futures rise, extending gains ahead of jobless claims data

Stock futures rise, extending gains ahead of jobless claims data

TipRanks 3 “Strong Buy” Stocks Under $10 With Triple-Digit Upside Potential You don’t have to pay three-digit sums to find compelling investing opportunities. It’s time to look outside the box at some cheap stocks top analysts are cheering right now. Among the stocks that are getting the thumbs up are three that show a strongly attractive profile for retail investors: an initial price below $10 per share, a Strong Buy rating from the Street, and a triple digit upside potential. We’ve… Source link

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Stocks rise, adding to gains as tech shares extend rebound

Stocks rise, adding to gains as tech shares extend rebound

Stocks rose on Tuesday to extend a rally from a day earlier, with technology stocks outperforming as concerns over rising inflation were at least temporarily pushed to the side.  The S&P 500 ticked up after the index closed out Monday’s session higher by 1%. The Nasdaq and Dow also rose. The move higher in technology stocks came alongside a move lower in Treasury yields, with the yield on the benchmark 10-year note hovering just below 1.6%. Cryptocurrency prices steadied, and Bitcoin prices… Source link

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Stocks Dip, Futures Rise as Traders Mull Inflation: Markets Wrap

Stocks Dip, Futures Rise as Traders Mull Inflation: Markets Wrap

(Bloomberg) — U.S. equity futures climbed and stocks in Asia dropped Monday as investors assessed inflation risks amid improving economic activity. The dollar held onto gains. Hong Kong led losses amid low volumes with Japan and China, as well as the U.K., among markets closed for holidays. U.S. and European futures edged higher after the S&P 500 dropped from a record Friday, amid data pointing to price pressures and talk of a possible pullback in central bank support. Still, the U.S. gauge… Source link

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Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021

Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y – April 29, 2021

Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of… Source link

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Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y

Yandex (YNDX) Q1 Earnings Miss Estimates, Revenues Rise Y/Y

Yandex N.V. YNDX reported first-quarter 2021 adjusted earnings of 8 centsper share, missing the Zacks Consensus Estimate by 75.7%. Further, the figure declined 65.2% sequentially and 57.9% year over year. Revenues were $966.1 million. In ruble terms, the figure stands at RUB 73.1 billion,whichrose 56% on a year-over-year basisand 2.1% from the previous quarter. The reported revenue figure includes the consolidated financial results of Yandex.Market. Improving momentum across the company’s… Source link

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Stock futures rise after Biden unveils ambitious proposals, earnings top estimates

Stock futures rise after Biden unveils ambitious proposals, earnings top estimates

Stock futures pointed to a higher open Thursday morning as investors considered a batch of stronger-than-expected earnings results from major companies and a sweeping set of proposals from President Joe Biden aimed at revamping the country’s infrastructure and supporting families, children and students.  Contracts on the S&P 500 added 0.7%, and the index was on pace to open at an all-time high. Dow futures gained more than 150 points, or 0.5%, while contracts on the Nasdaq gained about… Source link

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Treasury Yields Rise on Growth Bets, Dollar Falls: Markets Wrap

Treasury Yields Rise on Growth Bets, Dollar Falls: Markets Wrap

(Bloomberg) — U.S. Treasury yields rose amid confidence the Federal Reserve will remain accommodative even as robust growth takes the world’s largest economy back to pre-pandemic levels. Stock-index futures were mixed. Havens including the dollar and government bonds were under pressure while copper, seen as a barometer of growth, surged to the highest in a decade. The U.S. 10-year rate bounced back from its 50-day moving average, underscoring the reflation trade is still alive, but… Source link

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Stock futures rise after indexes sell off amid capital gains tax increase concerns

Stock futures rise after indexes sell off amid capital gains tax increase concerns

Bloomberg Twitter Has ‘Scary Amount of Power,’ Co-Founder Biz Stone Says (Bloomberg) — Twitter Inc. co-founder Biz Stone believes the social media company made the right decision when it banned then-President Donald Trump from its service in January, but that doesn’t mean he’s comfortable with it.“It’s a scary amount of power,” Stone said during an interview for the Collision Conference on Thursday. “The CEO of a company in San Francisco can quiet the president of the United… Source link

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U.S. Futures Steady as Stocks Rise on Earnings: Markets Wrap

U.S. Futures Steady as Stocks Rise on Earnings: Markets Wrap

(Bloomberg) — U.S. futures were steady, while stocks advanced, as traders turned their attention to earnings reports from companies including JPMorgan Chase & Co. and Goldman Sachs Group Inc. Treasury yields rose. European equities got a boost from positive updates by LVMH and SAP SE, while some of the biggest U.S. banks are due to release results later on Wednesday. Most Asian stocks climbed, although shares dipped in Japan amid concerns about the slow vaccine rollout. Discovery Inc…. Source link

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