Tag Archives: sideways

Stock futures steadied Thursday evening after a rally on Wall Street, with the three major U.S. stock indexes closing sharply higher as investors further mulled the path forward for interest rates and a host new sanctions against Russia. Contracts on the S&P 500 hugged the flat line. The S&P 500, Dow and Nasdaq each closed out Thursday’s regular session higher by more than 1%. Despite some losses earlier this week, the S&P 500 and Nasdaq headed for a second straight week of gains, if levels… Source link

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

Stock futures traded sideways Wednesday evening as investors awaited more data on the labor market’s recovery, which will serve as crucial information in determining the path forward for the monetary policies underpinning risk assets over the past year. Contracts on the S&P 500 were little changed as the overnight session kicked off. Nasdaq futures also hovered near the flat line, after the index set an all-time high during Wednesday’s regular trading day. The indexes’ latest march to record… Source link

Stock futures opened little changed Monday evening on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday. Contracts on the S&P 500 drifted after the blue-chip index eked out a record closing and intraday high during the regular trading day. The Dow and Nasdaq also closed at records and moved sideways in late trading.  On Tuesday, investors are set to receive quarterly earnings results from… Source link

Bloomberg Oracle’s Years-Long Washington Offense Ends in Trio of Defeats (Bloomberg) — Oracle Corp. Executive Chairman Larry Ellison has spent the better part of a decade waging battle in U.S. courts and forging political alliances in Washington to win lucrative business and thwart adversaries.It’s all part of a high-stakes gamble to revive Oracle’s anemic revenue growth, which has averaged about 1% a year since 2012, and regain relevance in the face of a widening phalanx of upstarts… Source link

Bloomberg Turkish Markets Slide as Agbal’s Exit Stokes Lira Turmoil (Bloomberg) — Turkey’s stocks, bonds and the lira tumbled as the shock dismissal of the central bank chief triggered concern the country is headed for a fresh bout of currency turbulence.In one of the sharpest selloffs in years, the Borsa Istanbul Index lost more than 9%, triggering circuit breakers that halted trading. The lira also weakened more than 9%, while yields on Turkish local and dollar bonds soared.Investors… Source link

Benzinga 3 Biotech Stocks That Could Double In 12 Months Biotech stocks are risky investment bets that can swing an investor’s fortunes in a big way. An investment decision backed by careful scrutiny and analysis — of a company’s pipeline, collaborations, fundamentals, key make-or-break events and cash runway — can fetch disproportionate returns. Here are three biopharma stocks that have the potential to more than double from current levels: Immatics (NASDAQ: IMTX) FibroGen, Inc. (NASDAQ:… Source link