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
Read More »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
Read More »Stock futures steady after reaching records as traders mull Fed taper
Stock futures opened little changed Wednesday evening to hold near record highs, with investors contemplating the the Federal Reserve’s decision to begin paring back some of its monetary policy support as the economic recovery progresses further. Earlier during the regular session, each of the S&P 500, Dow and Nasdaq set record intraday and closing highs yet again, with the Fed’s latest monetary policy decision compounding with optimism over a slew of stronger-than-expected quarterly… Source link
Read More »Stock futures steady after technology stock rout
Stock futures opened slightly higher Monday evening after a technology-led drawdown during the regular trading day, with a rotation away from growth names picking up steam as concerns over inflation lingered. Contracts on the Nasdaq edged up after the index dropped more than 2% Monday afternoon. Shares of technology heavyweight Facebook (FB) steadied in late trading after shedding nearly 5% earlier, with an hours-long platform outage adding to a string of negative coverage raising further… Source link
Read More »Stock futures steady after tech-led selloff
Stock futures opened flat to slightly higher Tuesday evening after a tech-led selloff during the regular trading day. Concerns over rising Treasury yields and sparring among Washington lawmakers over the debt ceiling and government funding weighed heavily on equities. Contracts on the Nasdaq ticked up. The index closed out Tuesday’s regular session lower by 2.8%, posting its biggest drop since March. The S&P 500 and Dow also fell sharply. The decline in technology stocks came as Treasury… Source link
Read More »Stock futures steady after S&P 500’s best day since July
Stock futures held onto gains after equities’ best day since July, with the major indexes looking to shake off earlier volatility and end the week on a high note. The S&P 500 paced toward a weekly gain of 0.4% as of Thursday’s close. Equity investors have managed to look past concerns over China Evergrande’s debt crisis, uncertainty over monetary and fiscal policy and ongoing debates in Washington over the debt ceiling to trade higher. Cyclical stocks including the industrials, energy and… Source link
Read More »Bill Gates is hanging on to these stocks for steady income — you can too
Bill Gates is hanging on to these stocks for steady income — you can too In a world of historically low interest rates, investors would be wise to look out for dividend stocks offering solid — but stable — dividend yields. Healthy dividend stocks have the potential to: Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P 500 over the long haul. Today, let’s take a look at three dividend plays… Source link
Read More »Asia Stocks Steady as Traders Mull Powell Remarks: Markets Wrap
(Bloomberg) — Asian stocks were steady Monday and Treasuries held an advance as traders weighed Jerome Powell’s signal that pandemic-era Federal Reserve policy support will be withdrawn cautiously and gradually. Shares gained in Japan, slipped in Hong Kong and fluctuated in China, where Beijing’s regulatory broadside remains in focus. U.S. futures were steady after a record Wall Street close in the wake of Chair Powell’s Jackson Hole speech. Powell said the Fed may start paring bond… Source link
Read More »Stocks Steady as Commodities Retreat on Taper Bets: Markets Wrap
(Bloomberg) — Stocks were steady with U.S. futures on Monday, while commodities slumped as investors weighed concerns about a pullback in stimulus and a resurgence in the fast-spreading delta virus variant. The Stoxx 600 Index opened little changed as gains in technology firms offset declines in energy shares and miners. Crude oil extended last week’s decline — its worst since October — on concern the delta virus strain will hamper demand growth. Precious metals sold off, with gold… Source link
Read More »Asian Stocks Rise; Treasuries Steady After Slide: Markets Wrap
(Bloomberg) — Asian stocks started the week higher after their U.S. peers chalked fresh records and Treasury yields stabilized after jumping Friday. Shares in Japan outperformed and Hong Kong opened higher. China rose after the central bank cut the amount of cash most banks must hold in reserve to buttress a slowing economic expansion. Australia saw a more modest advance amid a prolonged lockdown in the largest city, Sydney. U.S. contracts fluctuated. The S&P 500 finished last week at… Source link
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