Tag Archives: steady

Stocks steady after S&P 500’s landmark close

Stocks steady after S&P 500’s landmark close

US stocks opened trading little changed on Monday after the S&P 500 index notched a historic close, as investors prepared for the first key inflation update of the year and the next wave of earnings reports. The S&P 500 (^GSPC) clung to the flatline following a record-setting week that saw the benchmark end above 5,000 for the first time. The Dow Jones Industrial Average (^DJI) was steady, while the tech-heavy Nasdaq (^IXIC) rose about 0.2%. Stocks have gained as the market embraces a clutch… Source link

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Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

Stocks Steady Before Inflation; Oil Halts Climb: Markets Wrap

(Bloomberg) — Stocks and bonds steadied with many investors clinging to sidelines ahead of a key US inflation report. Oil erased gains. Most Read from Bloomberg Mining shares and travel stocks led a small decline in Europe’s Stoxx 600 index, while US equity futures were little changed. Brent gained halted a climb at $78 a barrel following more attacks on vessels in the Red Sea raised the risk that Middle East supply could be disrupted. Investor focus is on Thursday’s US inflation figures… Source link

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Stocks Churn in Choppy Session, Treasuries Steady: Markets Wrap

Stocks Churn in Choppy Session, Treasuries Steady: Markets Wrap

(Bloomberg) — US stocks swung between gains and losses as markets digested upbeat corporate news and data on producer prices that will keep pressure on the Federal Reserve to tighten policy. Treasuries held steady, while UK markets were roiled once again by policy concerns. Most Read from Bloomberg The S&P 500 fluctuated as the benchmark attempted to stage a comeback after a five-day losing streak. Consumer staples and health care topped the leaderboard with gains in PepsiCo Inc. and Moderna… Source link

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US economy adds 372,000 jobs, unemployment rate steady at 3.6%

US economy adds 372,000 jobs, unemployment rate steady at 3.6%

The U.S. labor market remained a bright spot in the economy last month despite mounting talks of a recession, data from the Labor Department showed Friday. Here are the key numbers from Friday’s report: Non-farm payrolls: +372,000 vs. +268,000 expected and a revised +384,000 in May Unemployment rate: 3.6% vs. 3.6% expected and 3.6% in May Average hourly earnings, month-over-month: +0.3% vs. +0.3% expected and a revised +0.4% in May Average hourly earnings, year-over-year: +5.1% vs. +5.0%… Source link

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Stock futures steady after sell-off

Stock futures steady after sell-off

U.S. stock futures opened little changed Thursday evening after a sharp sell-off on Wall Street, as concerns over the Federal Reserve’s ability to bring down inflation while maintaining solid economic activity resurged. Contracts on the S&P 500 drifted sideways. This came after the index shed 3.6% during the regular trading day, as technology stocks underperformed. The Nasdaq dropped 5% for its worst day since June 2020, and the Dow lost more than 1,000 points. Stocks’ violent swing from gains… Source link

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Stock futures open lower to steady after gains

Stock futures opened slightly lower Tuesday evening after rising during the regular trading day, as investors contemplated the potential for the Federal Reserve to take an even more aggressive approach to reining in inflation. Contracts on the S&P 500 edged lower. The index rose more than 1% during Tuesday’s regular session after sliding on Monday. Technology stocks outperformed, and the Nasdaq Composite rose by nearly 2%. U.S. stocks rose for a fifth time in six sessions on Tuesday as… Source link

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Stock futures steady after rally

Stock futures opened slightly lower Wednesday evening to steady after rallying during the regular trading day. Affirmation from Federal Reserve Chair Jerome Powell that the central bank will take a measured approach to raising interest rates amid geopolitical uncertainty helped to momentarily appease volatile markets. Contracts on the S&P 500 edged lower. The index ended higher by 1.9% Wednesday afternoon to close marginally below 4,400 during the regular trading day. Treasury yields also… Source link

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Stock futures steady after tech shares pull back

U.S. stock futures kicked off the overnight session near the flat line Tuesday evening, following a drop in technology shares during the regular trading day.  Contracts on the S&P 500 were little changed. Nasdaq futures also drifted after the index dropped more than 1% during the regular trading day. Apple (AAPL) shares steadied following a decline earlier, which pulled the stock back after reaching a $3 trillion market capitalization for the first time ever at the start of the week.  In the… Source link

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Stock futures steady after sell-off in tech shares

Stock futures opened slightly higher Thursday evening after a rout in technology stocks earlier during the regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year. Contracts on the S&P 500 ticked up. Earlier, the index closed lower, with the tech-heavy information technology and consumer discretionary sectors leading the way lower. The Nasdaq underperformed to drop 2.5% to give back all gain after a rally on Wednesday. The Dow… Source link

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