Tag Archives: Waver

Stocks waver as inflation, consumer sentiment surprise

Stocks waver as inflation, consumer sentiment surprise

Stocks were searching for direction on Friday afternoon, with economic data on inflation and consumer sentiment sending somewhat mixed signals to investors. Near 1:15 p.m. ET on Friday, the S&P 500 and Nasdaq were unchanged, while the Dow was down 0.2%. All three major averages have spent time on both sides of the flatline during Friday’s session as investors look to build on momentum built Thursday after the S&P 500 snapped a five-day losing streak on Thursday. Data on producer prices out… Source link

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Stocks waver to start holiday-shortened week

Stocks waver to start holiday-shortened week

U.S. stocks were mixed at Monday’s open as Wall Street barreled into a holiday-shortened trading week. Equity and bond markets will be closed for Thanksgiving on Thursday and end trading at 1 p.m. ET on Friday. The S&P 500 (^GSPC) sank 0.2%, while the Dow Jones Industrial Average (^DJI) added roughly 80 points, or 0.3%. The technology-heavy Nasdaq Composite (^IXIC) declined 0.4%. Shares of Disney (DIS) roared 9% to start the day after the media giant made a surprise announcement late Sunday… Source link

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Stocks Pare Gains, Futures Waver After China Rout: Markets Wrap

Stocks Pare Gains, Futures Waver After China Rout: Markets Wrap

(Bloomberg) — Stocks in Europe pared gains and US futures turned lower as a rout in Chinese shares weighed on global equities. Treasury yields fell and the dollar gained. Most Read from Bloomberg The Stoxx Europe 600 Index held an advance of about 0.6% after rising as much as 1.4% at the open. Prosus NV slumped more than 11%, while basic resources and energy stocks weighed on the benchmark amid a fall in crude oil and gas prices. Contracts on the S&P 500 and Nasdaq 100 fluctuated before… Source link

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Stocks waver as earnings roll in, yields charge ahead

Stocks waver as earnings roll in, yields charge ahead

U.S. stocks continued a streak of choppy trading Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. The S&P 500 (^GSPC) was down about 0.2% in the early afternoon, while the Dow Jones Industrial Average (^DJI) moved up by the same margin, or 50 points. The technology-heavy Nasdaq Composite (^IXIC) was 0.1% above breakeven. Meanwhile, Treasury yields edged toward new multi-year highs, with the… Source link

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Stock futures waver amid earnings reports from financial heavyweights

Stock futures waver amid earnings reports from financial heavyweights

U.S. stocks erased gains Friday as Wall Street’s biggest banks reported earnings and investors digested more inflation expectations. The S&P 500 (^GSPC) fell 1.7%, while the Dow Jones Industrial Average (^DJI) was down nearly 1%. The technology-heavy Nasdaq Composite (^IXIC) fell by 2%. Stocks turned sharply lower as a consumer survey from the University of Michigan showed inflation expectations increasing, marking the highest level in six months. “The uptick in inflation expectations probably… Source link

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Stocks waver after rally sputters, jobless claims rise

Stocks waver after rally sputters, jobless claims rise

U.S. stocks were mixed at the start of trading Thursday after a dramatic two-day rally that kicked off the quarter fizzled. The S&P 500 edged down 0.1%, while the Dow Jones Industrial Average sank 90 points, or 0.3%. The technology-heavy Nasdaq Composite was an outlier — up a modest 0.2%. The moves early Thursday came after fresh data from the Labor Department showed a jump in the number of Americans filing for first-time unemployment insurance last week. Initial jobless claims rose sharply… Source link

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Stocks waver in choppy trading after the S&P 500 touches new lows

Stocks waver in choppy trading after the S&P 500 touches new lows

U.S. stocks struggled to find their footing in choppy trading Friday after a vicious sell-off that sent the S&P 500 to lows not seen since 2020. The bellwether index hovered around the flatline, while the Dow Jones Industrial Average sank 120 points, or 0.4%. The technology-focused Nasdaq Composite gained 0.3%. Investors will close out a brutal month and quarter on Friday. The S&P 500’s 2.1% drop on Thursday marked its 49th decline of 1% or more this year, marking the most downside… Source link

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Stocks waver as investors await Fed rate clarity

Stocks waver as investors await Fed rate clarity

U.S. stocks struggled for direction at Wednesday’s open as investors awaited clarity from Federal Reserve policymakers on their monetary tightening plans against a backdrop of downbeat economic data. The S&P 500 was just below breakeven at the start of trading after the benchmark index fell for three straight sessions. The Dow Jones Industrial Average slipped 50 points, or roughly 0.2%, while the Nasdaq Composite was flat. Peloton (PTON) shares surged as much 13% in after the company said it… Source link

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Stocks waver as earnings season picks up

Stocks waver as earnings season picks up

U.S. stocks turned lower Monday following a report Apple (AAPL) plans to slow hiring and spending growth next year to prepare for a possible recession. Bloomberg News reported Monday afternoon that the hiring slowdown and cuts to spending will take place across certain divisions and stem from a move to “be more careful during uncertain times,” citing people familiar with the matter who asked to remain anonymous. Shares slid roughly 1.5%. The S&P 500 dipped 0.2%, while the Dow Jones Industrial… Source link

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