General Market U.S. stocks are seen opening higher Wednesday, rebounding after the previous session’s rout, with U.S. debt ceiling negotiations and Micron’s downbeat guidance in focus. The Dow Futures contract was up 155 points, or 0.5%, S&P 500 Futures traded 24 points, or 0.6%, higher, while Nasdaq 100 Futures climbed 90 points, or 0.6%. The […] More
General Market U.S. stocks are seen opening lower Tuesday, with the tech-heavy Nasdaq Composite particularly hard hit by climbing Treasury yields. At 7:05 AM ET (1105 GMT), the Dow Futures contract was down 140 points, or 0.4%, S&P 500 Futures traded 35 points, or 0.8%, lower, while Nasdaq 100 Futures dropped 220 points, or 1.5%. […] More
General Market Futures tracking the Dow and the S&P 500 index edged higher on Monday, as investors pivoted towards economically sensitive sectors, with focus turning towards upcoming economic readings and ongoing talks over increased government spending. Oil majors Exxon Mobil (NYSE:XOM) and Chevron Corp (NYSE:CVX) rose 1.5% and 1.2% in premarket trade, respectively, tracking crude […] More
General Market U.S. stock index futures edged lower on Friday, led by banking and technology shares following a sharp rally in the past two days after the Federal Reserve kept its policy stance largely in line with market expectations. Big banks including JPMorgan (NYSE:JPM), Citigroup (NYSE:C), Morgan Stanley (NYSE:MS) and Bank of America Corp (NYSE:BAC) […] More
General Market Wall Street was set to rise on Thursday after investors largely brushed off concerns over the Federal Reserve’s plans for tapering, while forecast raises from Accenture (NYSE:ACN) and Salesforce added to the positive mood. The Fed said on Wednesday it could begin reducing its monthly bond purchases by as soon as November, and […] More
General Market U.S. stocks are seen opening higher Wednesday, with investors eagerly awaiting the conclusion of the latest Federal Reserve policy-setting meeting. At 7:05 AM ET (1105 GMT), the Dow Futures contract was up 180 points, or 0.5%, S&P 500 Futures traded 20 points, or 0.5%, higher, while Nasdaq 100 Futures climbed 50 points, or […] More
General Market U.S. stocks are seen opening sharply higher Tuesday, bouncing back from the previous session’s major selloff, ahead of the start of the Federal Reserve’s latest policy-setting meeting. At 7:05 AM ET (1105 GMT), the Dow Futures contract was up 300 points, or 0.9%, S&P 500 Futures traded 35 points, or 0.9%, higher, while […] More
General Market U.S. stocks are seen opening sharply lower Monday, extending recent losses as investors fret about the Federal Reserve possibly starting to wind down its pandemic-era bond-buying program this week. At 7 AM ET (1100 GMT), the Dow Futures contract was down 545 points, or 1.6%, S&P 500 Futures traded 60 points, or 1.3%, […] More
General Market U.S. stocks are seen opening marginally lower Friday, with investors ending the week on a cautious note ahead of key sentiment data and with an eye on next week’s Federal Reserve meeting. At 7 AM ET (1100 GMT), the Dow Futures contract was down 70 points, or 0.2%, S&P 500 Futures traded 10 […] More
General Market China’s stock markets fall again on disappointing economic data and the seemingly imminent default of a major real estate developer. Europe’s energy prices are now above their record in 2008, while a big drop in stockpiles is also supporting crude oil. U.S. industrial production data for August are due. Here’s what you need […] More
General Market U.S. inflation data for August are due, as is Apple (NASDAQ:AAPL)’s annual iPhone unveiling. Hurricane Nicholas makes landfall east of Houston, putting fresh pressure on LNG markets that are already overheated. Stocks are becalmed, but Oracle (NYSE:ORCL) is in the spotlight after weak growth numbers on Monday. Here’s what you need to know […] More
General Market World stock markets edged lower on Monday on inflation worries, as well as tax and regulatory pressures on the world’s biggest companies. Leading Democrats in the U.S. House of Representatives said on Monday they are seeking to raise the tax rate on corporations to 26.5%, up from the current 21%. The MSCI world […] More