US stock futures were barely changed Monday after the S&P 500 index closed at a historic high, as investors braced for the year’s first crucial inflation data and the next round of earnings reports. S&P 500 (^GSPC) futures remained unchanged after a record-setting week that saw the benchmark surpass 5,000 for the first time. Futures … Read more
The rise in Big Tech that drove the S&P 500 above 5,000 for the first time on Friday appeared to continue, as Amazon.com Inc., Nvidia Corp., and Tesla Inc. all rose in premarket trade. Moves outside those standouts were moderate in S&P 500 and Nasdaq 100 futures trading, as well as US Treasuries and the … Read more
Bonds sank despite a good $25 billion auction, which alleviated concerns about an overstock. Equities finished little changed after the S&P 500 momentarily exceeded 5,000 for the first time. Investors were cautious as they prepared for Friday’s consumer-price index adjustments, recalling what occurred a year ago: the update was substantial enough to throw doubt on … Read more
On Thursday, major US stock indexes maintained firm, with the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) narrowly touching record highs. Investors welcomed Disney’s (DIS) positive earnings report and reviewed other company results. The S&P 500 rose 0.06% to settle at 4,997.91, a new record high. The benchmark index came close to reaching … Read more
The United States is scheduled to reveal its yearly updates to the consumer price index at 8:30 a.m. New York time. Last year, the update was substantial enough to throw doubt on overall inflation progress, and traders were once again betting that the recalculations will influence views on when the Federal Reserve may lower interest … Read more
US market futures rose higher on Friday, signalling to another record-setting session, but a revision of 2023 inflation data might spoil the party. S&P 500 (^GSPC) futures climbed 0.2% on Thursday’s record closing, bringing the benchmark within three points of surpassing 5,000 for the first time. The Dow Jones Industrial Average (^DJI) futures remained above … Read more
US stocks fell on Monday as Federal Reserve Chair Jerome Powell tempered expectations for an early interest rate drop, boosting the stakes for a busy week of corporate reports to keep the recent surge going. The S&P 500 (^GSPC) concluded the day down 0.3%, indicating a minor reversal from the benchmark’s record-setting run. The Dow … Read more
The United States House of Representatives announced legislation on Saturday that would provide Israel with $17.6 billion in extra military support as it fights Hamas. A House Appropriations panel-sponsored financing plan might be voted on by the entire House next week, according to Speaker Mike Johnson’s message to members. The Republican-controlled House had earlier authorised … Read more
Phillip Green, Chairman of the Board and CEO, made the largest insider purchase in the recent 12 months. That single transaction involved US$1.0 million worth of shares at a price of US$107 per. That suggests an insider was willing to pay more for shares than the current market price of US$104. While their opinion may … Read more
Many Chinese are airing their dissatisfaction with the faltering economy and the dismal stock market on an unusual platform: the social media account of the US Embassy in Beijing. The US embassy’s post on Friday on saving wild giraffes on Weibo, a Chinese site similar to X, drew 130,000 comments and 15,000 reposts as of … Read more
