Tag Archives: Stock

Stock futures traded slightly higher Tuesday evening as investors eyed a batch of stronger-than-expected earnings results with increasing optimism over the trajectory of corporate profits even in the face of supply chain constraints. Contracts on the S&P 500 edged up. The blue-chip index closed out a fifth straight session in positive territory on Tuesday, marking its longest winning streak since August. Bitcoin (BTC) prices topped $64,000 per share and closed in on an all-time high, after… Source link

Stock futures opened little changed on Monday evening, as investors awaited a slew of new earnings results to determine the impact of ongoing supply chain concerns and rising costs on corporate America.  A number of major companies are set to report earnings results Tuesday morning, including consumer giants Procter & Gamble (PG) and Johnson & Johnson (JNJ) before market open, and Netflix (NFLX) and United Airlines (UAL) after market close.  The latest quarterly results, guidance and executive… Source link

Stock futures fell Monday morning to give back some gains after the S&P 500’s best week since July, with investors’ concerns over elevated inflation offsetting hopes that more companies will follow the lead of the big banks last week and post strong quarterly earnings results.  Contracts on the Dow dropped about 100 points, or 0.3%, with about two hours until the opening bell. The S&P 500 and Nasdaq also headed for lower opens. The moves tracked a drop in overseas equities after China… Source link

Stock futures opened slightly higher to extend gains after a rally on Wall Street, with stronger-than-expected earnings and economic data helping lift the S&P 500 by the most in seven months.  Shares of big bank stocks including Bank of America (BAC), Citi (C) and Morgan Stanley (MS) steadied during the after-hours session. Each of these stocks had jumped earlier, after these banks posted much stronger-than-expected third-quarter earnings results. Peer banking titan Goldman Sachs (GS) is… Source link

Stock futures opened little changed Wednesday evening after another choppy session in the markets, with another batch of bank earnings and labor market and inflation data due for release on Thursday.  Contracts on the S&P 500 hugged the flat line. Earlier, both the blue-chip index and Nasdaq closed out the session higher, led by a jump in technology stocks as Treasury yields pulled back after a recent run-up. The drop in yields— with the benchmark 10-year yield pulling back below 1.55%… Source link

It’s time to go all in on shares of MGM Resorts (MGM), contends Credit Suisse analyst Benjamin Chaikin.  The analyst hiked his rating on the casino operator to out-perform from neutral on Tuesday, citing the market overlooking several key upside catalysts.  “MGM has gone through a transformation, recently announcing four transactions, and we believe the market is not giving full credit. Pro forma, we see three drivers of upside: (1) a cleaner more simplified organization with a more… Source link

Stock futures opened in slightly negative territory Monday evening, holding lower after a further rise in commodity prices escalated concerns over inflation heading into corporate earnings season. Contracts on the S&P 500 ticked down. The index ended Monday’s session in the red, weighed down by a drop in the communication services and utilities sectors. Both the Nasdaq and Dow also fell. Energy and commodity prices, meanwhile, extended a swift march higher. U.S. West Texas intermediate crude… Source link

* Asian stock markets: https://tmsnrt.rs/2zpUAr4 * US stocks futures slip as earnings season looms * Oil leads energy complex higher, stokes inflation risk * Dollar reaches highest on yen since April 2019 By Wayne Cole SYDNEY, Oct 11 (Reuters) – Asian shares slipped on Monday as global inflation angst favoured commodities as a hedge over U.S. equities, while rising U.S. bond yields lifted the dollar to two-and-a-half year peaks against the Japanese yen Nasdaq futures and S&P 500 futures were both… Source link

Stock futures opened higher Thursday evening, extending gains as investors awaited a key report on the labor market’s recovery. Contracts on the S&P 500 ticked up after the index logged a third straight session of gains during Thursday’s regular trading day. The move to the upside came after Senate leaders said they reached an agreement on raising the government borrowing limit into December, helping avert a default as soon as this month.  With concerns over the government debt ceiling… Source link

[unable to retrieve full-text content]Yandex Could Be An Undervalued Tech Stock  Seeking Alpha Source link