Daily Comment

Stock futures rise to close out strong first half on encouraging inflation data

U.S. equity futures rose Friday as Wall Street looked to cap off a banner start to 2023 and the latest inflation data showed continued easing. Futures tied to the Dow Jones Industrial Average gained 105 points, or 0.3%. S&P 500 futures ticked higher by 0.4%, and Nasdaq 100 futures advanced 0.6%.

Dow futures gain 100 points as bank and tech shares advance

Stock futures ticked higher on Wednesday, boosted by technology and bank names, as the market approached the end of the second quarter and first half. Futures on the Dow Jones Industrial Average gained 150 points, or 0.45%. S&P 500 futures gained 0.4%, and Nasdaq-100 futures jumped 0.4%.

S&P 500 futures inch lower after Tuesday’s tech-fueled rally

S&P 500 futures inched lower Wednesday as traders digested a broad market rally in the previous session. S&P 500 and Nasdaq-100 futures dipped 0.2% and 0.4%, respectively. Dow Jones Industrial Average futures were little changed. Chip stocks fell in the premarket after The Wall Street Journal reported that the U.S. was considering new export restrictions to China. Nvidia shares lost 4%, while AMD fell more than […]

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.
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