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Uneven October: The S&P 500 and Nasdaq Composite dropped on Thursday due to disappointing earnings from major tech companies. The S&P 500 declined by 1.86%, Nasdaq Composite by 2.76%, and the Dow by 0.9%, wrapping up a volatile October.
Tech Divide: Amazon and Apple both reported earnings, with...
Stock futures are lower as Wall Street digests a mixed week of earnings and inflation data. Futures for the Dow, S&P 500, and Nasdaq are down, with major tech companies like Amazon and Apple set to report earnings today. The September personal consumption expenditures price index will be...
Tech Watch:
The Nasdaq Composite rose 0.78% Tuesday, reaching a new high as tech stocks strengthened. Alphabet shares increased over 5% in premarket trading after strong earnings. Meta and Microsoft are reporting earnings Wednesday, with Apple and Amazon following Thursday.
Alphabet’s Earnings...
1. Earnings Expectations
Stock futures were mostly stable as investors anticipated key corporate earnings. Nasdaq 100 futures rose slightly, while Dow Jones and S&P 500 futures fell slightly. Companies like Pfizer and McDonald's reported before the bell, while Alphabet, Snap, Reddit, Chipotle...
Tech Sector Leads Futures
Futures are trading higher, driven by tech. The Nasdaq 100 is up 0.8%, S&P 500 futures 0.6%, and Dow 0.5%. The Nasdaq Composite reached a new all-time high, while the Dow and S&P recently snapped six-week winning streaks.
Peak Earnings Week
This is the busiest week for...
Market Performance: The S&P 500 rebounded on Thursday, gaining 0.21% after a three-day losing streak, while the Nasdaq Composite rose 0.76%. The Dow, however, fell 140.59 points (0.33%), marking its first four-day losing streak since June. Treasury yields decreased after reaching three-month...
1. Boeing Strike Extended
Union machinists at Boeing rejected a contract proposal, prolonging their six-week strike. The rejected contract included a 35% pay increase over four years. Boeing's third-quarter loss also contributed to the company’s stock dropping by 4% in premarket trading.
2...
McDonald's Stock Sinks on E. Coli Outbreak:
McDonald's (MCD) shares are down 7% in premarket trading due to a fatal E. coli outbreak potentially linked to its Quarter Pounder. The CDC has reported 49 cases, including one death. McDonald's is pulling Quarter Pounders and slivered onions from...
Stock Market Trends:
Dow Jones ended its three-day winning streak, falling over 344 points on Monday. The S&P 500 declined 0.2%, while Nasdaq rose by 0.3%. Investors are focused on third-quarter earnings, with over 70% of reporting companies beating estimates.
GM Beats Earnings Expectations...
Stock Market Rally: The S&P 500 and Dow Jones Industrial Average are on six-week winning streaks, closing at record highs last Friday. Earnings reports and the upcoming presidential election will play a key role in determining whether stocks continue to rise.
Earnings Season: About 20% of S&P...
Markets: Stock futures are steady with small gains for S&P 500 (+0.12%) and Nasdaq 100 (+0.29%), while the Dow is flat. Earnings reports from American Express and Procter & Gamble are being watched closely.
Netflix Shares Jump: Netflix's third-quarter earnings beat expectations, reporting $5.40...
1. Markets
Stock futures remained relatively unchanged Wednesday morning. The Nasdaq 100 rose slightly, while the Dow Jones futures fell by 11 points. The Nasdaq Composite was down 1.01%, partly due to a hit in semiconductor stocks after ASML's earnings report but remained close to record highs...
US Stock Futures Hold Steady After Record Highs
Stock futures remain mostly unchanged following record highs in the S&P 500 and Dow Jones. Investors await corporate earnings from Citigroup and Goldman Sachs after positive reports from major banks last week.
Nvidia, AMD, and Intel Shares Drop...
NYSE and Nasdaq Open, Bond Market Closed
Despite the federal holiday (Columbus Day), the New York Stock Exchange and Nasdaq will operate normally, while the bond market and government offices remain closed.
US Stock Futures Steady After Last Week’s Rally
Stock futures show little movement as...
Market Updates
Stocks showed little change on Thursday as investors anticipated inflation data. S&P 500 futures fell 0.2%, Nasdaq-100 futures dropped 0.05%, and Dow Jones futures declined by 0.14%. September's Consumer Price Index rose 0.2%, increasing annual inflation to 2.4%.
TD Bank Pleads...
CPI Anticipation
Stock futures fell slightly as investors await the September CPI report, which is expected to show a 0.1% monthly increase. This data will guide the Federal Reserve's future decisions.
Federal Reserve's Split on Rate Cut
Federal Reserve officials were divided over a recent...
Market Performance
Stocks rose on Tuesday as investors remain hopeful for a "soft landing" in the economy. The S&P 500 gained nearly 1%, the Nasdaq Composite increased about 1.5%, and the Dow Jones Industrial Average rose by 0.3%. The upcoming release of the Federal Reserve's meeting minutes...
Manic Monday:
Stocks opened the week on a down note. The Dow Jones fell nearly 400 points (0.94%), the S&P 500 decreased by 0.96%, and the Nasdaq dropped 1.18%. U.S. crude oil prices rose over 3%, ending above $77 per barrel, and the 10-year Treasury yield surpassed 4% for the first time since...
1. Pfizer Shares Rise on Starboard's $1 Billion Stake Pfizer (PFE) shares increased by 3% in premarket trading after Starboard Value reportedly took a $1 billion stake in the company. The pharmaceutical giant has faced pressure after losing nearly half of its value since its pandemic peak.
2...
Shaky October:
The stock market experienced losses on Thursday, with the Dow down 184.93 points (0.44%) and the S&P 500 dropping 0.17%. The Nasdaq Composite had a slight gain of 0.04%, aided by Nvidia's rally. Overall, October is starting weakly, with major indices poised to break a three-week...
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