Daily Comment

S&P 500 rises slightly as investors await economic data in run-up to month, quarter end

Stock futures were mostly higher Tuesday as investors looked toward the next batch of economic data and readied for the end of the second quarter and first half. The S&P 500 and Nasdaq-100 futures gained about 0.2% and 0.5%, respectively. Futures tied to the Dow Jones Industrial Average were little changed.

Stock futures are little changed to start the final week of trading in June

Stock futures were little changed Monday as Wall Street looked to see if the market rally could find more momentum in the final week of June. Futures tied to the Dow Jones Industrial Average ticked up 3 points. S&P 500 futures and Nasdaq-100 futures hovered near the flatline.

Stock futures fall as Wall Street heads for losing week

Stock futures were lower Friday as Wall Street headed for a losing week. Futures tied to the S&P 500 slid by 0.74%, while Nasdaq-100 futures lost 0.98%. Futures connected to the Dow Jones Industrial Average fell 190 points, or 0.56%. All three major averages are set to break multiweek win streaks. The Dow and S&P 500 have lost 1% and 0.6%, respectively, since the start of the week. The Nasdaq is down 0.4%, on pace to snap an eight-week win streak and post its worst weekly stretch since April.

Stock futures slide for a fourth day as market rally stalls

Stock futures were lower Thursday after the market suffered three consecutive days of declines as the tech-powered rally faded. Futures on the Dow Jones Industrial Average fell 70 points, or 0.2%. S&P 500 futures were down by 0.2%, and Nasdaq-100 futures were 0.3% lower. Investors this week are taking profits on some of the winners that have been leading the stock market’s breakout.

Stock futures fall for a third day as market rally loses steam

U.S. stock futures were lower on Wednesday as investors took a breather from last week’s market rally, and weighed Federal Reserve Chair Jerome Powell’s latest comments on inflation. Futures tied to the Dow Jones Industrial Average dipped 83 points, or about 0.2%. S&P 500 and Nasdaq-100 futures also nudged lower by 0.3% and 0.4%, respectively.

Stock futures fall as investors kick off holiday-shortened week of trading

Stock futures fell Tuesday as Wall Street struggled to carry over the positive momentum from last week. Futures tied to the Dow Jones Industrial Average slid 118 points, or 0.3%, while S&P 500 futures pulled back 0.3%. Nasdaq 100 futures declined 0.4%. Markets were closed Monday due to the Juneteenth holiday. Investors are coming off of a strong week, even as the major averages had slipped on Friday. The S&P 500 and the Nasdaq Composite posted their best weekly performances since March, with the broad-market benchmark rising 2.6% and the tech-heavy index adding 3.25%.

European stocks drop as market jitters remain

U.S. markets will be closed Monday for the Juneteenth holiday. European markets fell at the start of the new trading week as investors remained jittery over the economic outlook.

S&P 500 futures inch higher as benchmark heads for best week since March

S&P 500 futures inched higher Friday as Wall Street closes out a huge week after investors got the pause in rate hikes from the Federal Reserve they were hoping for and encouraging inflation data. S&P 500 futures rose about 0.2%. Futures tied to the Dow Jones Industrial Average added 43 points, or 0.1%. Nasdaq 100 futures added 0.3%. 

S&P 500 futures rise as Wall Street counts down to Fed decision

S&P 500 futures traded higher Wednesday as investors looked ahead to the Federal Reserve’s policy decision and subsequent press conference slated for the afternoon. S&P 500 futures climbed 0.13%. Nasdaq-100 futures rose by 0.1%, while futures tied to the Dow Jones Industrial Average lost 86 points, or about 0.3%. Aside from the Fed’s policy announcement, investors are preparing for Chair Jerome Powell’s remarks to the media, where he may give insight into the state of the economy and the central bank’s path forward.

S&P 500 closes at highest level since April 2022 as traders hope the Fed will skip a rate hike

The S&P 500 jumped to its highest level in 13 months on Monday as traders hoped the Federal Reserve will skip hiking rates when the central bank decides on policy Wednesday.

Stock futures gain as hope builds Fed will pause rate hikes this week

Stock futures rose Monday as traders hope the Federal Reserve will skip hiking rates when the central bank decides on policy Wednesday. S&P 500 futures added 0.2%. The benchmark is up four weeks in a row and has rallied more than 20% off its October low close. Dow Jones Industrial Average futures rose by 33 points, or 0.1%, while Nasdaq-100 futures advanced 0.5%.

Stock futures are flat after S&P 500 notches highest close for 2023

U.S. stock futures were flat Friday after the S&P 500 notched its highest close for 2023, as investors looked ahead to new inflation data set for release next week, along with the Federal Reserve’s latest policy announcement. Dow Jones Industrial Average futures fell by 65 points, or 0.2%. S&P 500 futures ticked up 0.07%, while Nasdaq-100 futures rose 0.3%.
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