Tag Archives: Trade

President Donald Trump signs an executive order to withdraw the U.S. from the 12-nation Trans-Pacific Partnership (TPP) trade pact agreed to under the Obama administration in the Oval Office of the White House in Washington, January 23, 2017. (AP Photo/Evan Vucci, File) Remember the Trans-Pacific Partnership? A few years back, the TPP morphed form a wonky trade deal among the United States and 11 other Pacific nations into a litmus test of fealty to the American working class. As a 2016… 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 opened mixed Thursday evening, holding near record levels as investors digested the latest, mixed set of economic data and earnings results. Contracts on the Nasdaq and S&P 500 ticked lower, while Dow futures gained. Both the S&P 500 and Dow ended at record closing levels on Thursday, continuing to make new highs as optimism over both the pace of the economic recovery and strength in corporate earnings results lingered.   Disney (DIS) shares jumped in late trading after the Dow… Source link

Stock futures opened near the flat line Tuesday evening as investors looked ahead to more corporate earnings results and another batch of inflation data. Contracts on the S&P 500 was little changed. During Tuesday’s regular session, the blue-chip index rose to a record intraday high before pulling back and ending lower. Each of the Dow and Nasdaq also pulled back, with cyclical areas of the market like airline stocks and financials posting some of the biggest declines.  Concerns over the pace… Source link

U.S. stock futures hugged the flat line Monday evening after a record-setting session, with the prospect of strong earnings results helping fuel a rise to all-time highs for the major equity indexes. Each of the S&P 500, Dow and Nasdaq ended the session at record closing levels. The financial sector outperformed with big banks poised to be the first major companies out the gate to report second-quarter results, with JPMorgan Chase (JPM) and Goldman Sachs (GS) reports on deck Tuesday morning…. Source link

U.S. stocks traded mixed on Monday as investors awaited signs of a further rebound in corporate profits with the start of second-quarter earnings season this week. The Dow dropped to pull back from Friday’s record closing high. The S&P 500 also hovered just below an all-time high. The Nasdaq gained to reach a new record intraday high, however, as technology stocks outperformed. The 10-year Treasury yield steadied around 1.35%, recovering after dipping to a five-month low of below 1.3% last… Source link

(Reuters) -Shares of Meta Material Inc gave up premarket gains to fall 20% on Monday, the first day of trading after a merger that saw the niche hi-tech materials maker swallow Torchlight Energy Resources, which was at the center of huge speculative bets by small individual traders. Torchlight’s stock rose as high as 74% last Monday as retail investors piled into the stock with record volumes. The shares, however, gave up some of the gains after the company upsized its stock offering. In a… Source link

The Trade Desk, which went public in September 2016, helps other companies buy ads across the internet. Photo: CHRISTOPHER GALLUZZO/NASDAQ June 27, 2021 10:00 am ET The Trade Desk TTD 0.18% … Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, June 23, 2021 GameStop saves money by raising money The “meme trade” has been one of the market’s defining trades this year.  And while some investors have chosen to ignore the action we’ve seen in shares of GameStop (GME) or AMC (AMC) amid a value rotation, rising bond yields, and a booming economy, these retail-driven trading frenzies… Source link

Stock futures traded little changed Thursday evening as investors looked beyond a hotter-than-expected report on inflation.  Contracts on the S&P 500 hugged the flat line after the index set a new record high during the regular trading day. During the trading day, the health care, real estate and information technology sectors outperformed, while the cyclical financials and industrials sectors lagged. The 10-year yield erased earlier gains to come back below 1.5%.  The Bureau of Labor… Source link