Weekly Giveaway for our active users.
N50,000 per Week.
Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
US Stock Futures Decline After Labor Day
U.S. stock futures are lower in premarket trading following the Labor Day weekend, with Nvidia (NVDA) shares leading the decline. Investors await key jobs data later this week, which could influence Federal Reserve interest rate decisions.
Intel to...
END OF AUGUST TRADING: Stock futures were up as the major indices approach the final trading day of August. The S&P 500 and Dow Jones are both up about 1.2% for the month, while the Nasdaq Composite is down nearly 0.5%, facing potential back-to-back monthly losses.
INFLATION GAUGE UPDATE: Wall...
Major Indexes See Pullback
On Wednesday, all three major U.S. stock indexes closed lower, with the Nasdaq Composite leading the decline at a 1.12% drop. The S&P 500 fell 0.6%, and the Dow Jones Industrial Average dipped 0.39%. Nvidia's 2.1% decline, as investors awaited its quarterly results...
MARKET PERFORMANCE:
All major indexes closed slightly higher on Tuesday, with the S&P 500 and Nasdaq Composite each gaining 0.16%, and the Dow Jones Industrial Average rising by 0.02%. The Dow achieved its second consecutive record close.
NVIDIA’S ANTICIPATED RESULTS:
Investors are focused on...
Dow Jones Hits Record High: The Dow Jones Industrial Average reached a new intraday record and closed up 65.44 points, despite the S&P 500 and Nasdaq Composite declining.
Apple CFO Replacement: Apple announced that its CFO, Luca Maestri, will be replaced by Kevan Parekh on January 1, 2025...
1. IBM Withdraws from China: IBM is reportedly closing its China R&D department, moving operations overseas as U.S. companies face increased scrutiny from Beijing. The move affects over 1,000 employees and marks another major U.S. company pulling back from China.
2. Nvidia's Q2 Results...
Reversing Course: Stock futures are up Friday after a down day, with the Dow Jones, S&P 500, and Nasdaq seeing losses on Thursday. The Nasdaq is slightly negative for the week, while the Dow and S&P are holding onto weekly gains.
Powell Speech: Federal Reserve Chair Jerome Powell will speak at...
Rate Rally: U.S. stock markets have been largely steady, with major indices rising on expectations of a Federal Reserve interest rate cut in September. Investors are closely watching Fed Chair Jerome Powell's upcoming comments at the Jackson Hole symposium.
September Rate Cut Expected: Minutes...
Market Pause: On Tuesday, the stock market rally slowed, with all major indexes slightly declining. The Dow Jones fell by 61.56 points, the S&P 500 dipped 0.2%, and the Nasdaq Composite dropped 0.33%. Investors are now awaiting the Federal Reserve's July policy meeting minutes.
Target's Strong...
Market Momentum Continues: The S&P 500 and Nasdaq Composite both recorded their eighth consecutive winning day, with gains of 0.97% and 1.39% respectively. The Dow Jones Industrial Average also rose by 236.77 points. Market volatility has decreased significantly since the beginning of August...
Market Gains: The S&P 500 and Nasdaq Composite secured six-day winning streaks, with the S&P up 1.61% and the Nasdaq up 2.34% on Thursday. The Dow Jones also rose 1.39%, marking three consecutive positive sessions. The market rebound, driven by positive economic data, continues to gain momentum...
Market Rebound: Stock futures rose on Thursday following a positive trading day on Wednesday for the major indexes, driven by encouraging U.S. inflation data. The Dow Jones gained 0.61%, the S&P 500 increased by 0.38%, and the Nasdaq Composite edged up by 0.03%. Inflation slowed to 2.9% in July...
Market Rally: Stocks surged on Tuesday following positive inflation data. The Nasdaq gained 2.43%, the S&P 500 increased by 1.68%, and the Dow rose by 408 points. All major indices are now above their levels from the August 2nd close, recovering from the early August sell-off.
Starbucks CEO...
Minor Momentum: The S&P 500 and Nasdaq showed modest gains in Monday's session, with the S&P 500 closing nearly flat and the Nasdaq up 0.21% due to Nvidia's 4% rise. The Dow Jones dropped by 0.36%. Investors are awaiting the release of the Producer Price Index for July.
Retail Earnings: Home...
Inflation Data and Retail Earnings in Focus
U.S. stock futures are showing slight gains as investors prepare for a significant week, focusing on consumer inflation data and retail earnings from major companies like Walmart and Home Depot. The market remains cautious after a volatile week marked...
Market Gains: U.S. stock indexes saw significant gains on Thursday, with the S&P 500 jumping 2.3%, the Dow Jones rising 1.76%, and the Nasdaq surging 2.87%.
Jobless Claims Drop: Weekly jobless claims fell to 233,000, lower than expected, providing optimism despite recent concerns about the...
Markets Decline: Major indexes closed lower on Wednesday. The Dow Jones dropped 0.60%, the S&P 500 fell 0.77%, and the Nasdaq Composite decreased by 1.05%. This decline follows a positive Tuesday where the indexes had rebounded.
Warner Bros. Discovery Results: Warner Bros. Discovery missed...
Trending Down
Global market sell-off sparked by recession fears.
Dow Jones fell 2.6%, S&P 500 down 3%, and Nasdaq dropped 3.43%.
Nikkei 225 in Japan plunged 12.4%, its worst day since 1987.
Europe's Stoxx 600 fell 2.2%, and Bitcoin declined 8%.
Fix-it Fed
Chicago Federal Reserve President...
Market Decline
Major indexes fell on Friday, with the S&P 500 down 1.84%, Nasdaq Composite down 2.43%, and Dow Jones down 1.51%. The July jobs report showed weaker-than-expected growth, with nonfarm payrolls increasing by only 114,000 and the unemployment rate rising to 4.3%.
Earnings Season...
Sell-off:
All major indexes saw losses on Thursday due to recession fears.
The Dow Jones dropped nearly 500 points, the S&P 500 fell 1.37%, and the Nasdaq declined 2.3%.
Jobs Data:
July’s nonfarm payrolls report will be released, expecting 185,000 new jobs and an unemployment rate of...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.