U.S. stock index futures extended gains on Tuesday as a moderation in February's consumer prices kept hopes alive that the Federal Reserve would pause interest rate hikes at its next meeting. The Labor Department's report showed the consumer price index (CPI) rose 0.4% in February on a monthly basis, in line with expectations. Traders' bets […]
Bailouts are back. Tech bros and crypto firms breathe a sigh of relief as the Feds step in to guarantee all of the deposits at Silicon Valley Bank and Signature Bank, as well as setting up a new liquidity program to stop contagion to the wider banking sector. That hasn't stopped other west coast banks […]
U.S. stock index futures dipped Thursday as traders continue to process comments from Federal Reserve Chairman Jerome Powell and await key employment data. Dow Jones Industrial Average futures fell by 45 points, or 0.1%. S&P 500 futures and Nasdaq-100 futures slipped 0.3% and 0.6%, respectively. Those moves come a day after Powell reiterated his warning […]
U.S. stock index futures were little changed Wednesday, a day after comments from Federal Reserve Chairman Jerome Powell’s indicated that interest rates may need to go higher for longer, spurring a broad-based market selloff. Dow Jones Industrial Average futures ticked 30 points, or 0.1%, higher. S&P 500 and Nasdaq-100 futures added about 0.1% each. The Dow closed […]
U.S. stock index futures traded marginally higher on Tuesday as traders await Federal Reserve Chair Jerome Powell’s latest comments on the state of the economy. Dow Jones Industrial Average futures traded flat. S&P 500 futures gained 0.1%, while Nasdaq-100 futures added 0.2%. Dick’s Sporting Goods shares popped in premarket trading on a strong holiday quarter. WW International, […]
U.S. stock index futures were flat Monday as Wall Street looked ahead to a week filled with economic data and the latest commentary from the Federal Reserve. Dow Jones Industrial Average futures fell 43 points, or 0.1%. S&P 500 and Nasdaq-100 hovered around the flatline. Traders are coming off a positive week for the major […]
U.S. stock index futures rose Friday as investors pondered the Federal Reserve’s rate-hiking path in light of fresh commentary from central bank speakers. Nasdaq-100 futures were up 0.3%, and S&P 500 futures advanced 0.2%. Dow Jones Industrial Average futures were up 33 points. Those moves come as U.S. Treasury yields retreated. The benchmark 10-year yield […]
U.S. stock index futures slid Thursday, as traders fretted over a continued rise in interest rates. Futures tied to the S&P 500 fell 0.5%, while Nasdaq-100 futures dropped 0.8%. Dow Jones Industrial Average futures bucked the trend, eking out a small gain as Salesforce shares popped on a strong quarter and forward guidance. Along with Salesforce, Okta shares jumped in overnight trading […]
U.S. stock index futures rose Wednesday, the first day of March, as traders tried to recover their footing following a losing month. Futures tied to the Dow Jones Industrial Average gained 64 points, or 0.2%. S&P 500 futures advanced 0.3%, while Nasdaq-100 futures climbed 0.4%. Sentiment got a boost after the release of much stronger-than-expected data out of China. The […]
U.S. stock index futures rose Tuesday as investors braced for the final trading day of February. Futures tied to the Dow Jones Industrial Average climbed 88 points, or 0.3%, while S&P 500 and Nasdaq 100 futures climbed 0.3% and 0.4%, respectively. Zoom Video popped 6.4% on strong earnings, while Target rose 1.3% after the retailer posted its latest quarterly figures. The moves followed a positive session […]
U.S. stock index futures fell Friday morning as traders looked to the release of key inflation data. Dow Jones Industrial Average futures fell by 141 points, or 0.4%. S&P 500 and Nasdaq-100 futures slid 0.5% and 0.9%, respectively. The core personal consumption expenditures price index, the Fed’s preferred measurement of inflation, is slated for release at […]
U.S. stock index futures rose Thursday as traders weigh earnings from chipmaker Nvidia and assess future potential Federal Reserve moves. Futures tied to the Dow Jones Industrial Average added 80 points, or 0.2%. S&P 500 futures gained 0.5%, and Nasdaq-100 futures jumped 0.9%. Nasdaq futures got a boost from Nvidia, which rose more than 8% on better-than-expected fourth quarter earnings and revenue. The […]
Tuesday March 14th