Daily Comment

Tuesday May 9th

U.S. stock index futures were under pressure Tuesday, with regional bank shares retreating, as investors readied for key inflation reports due later in the week and progress on the U.S. debt limit. Futures tied to the Dow Jones Industrial Average lost 69 points, or 0.2%. S&P 500 futures dipped 0.3% while Nasdaq-100 futures fell 0.5%. President Joe Biden is set […]

Monday May 8th

U.S. stock index futures tied to the Dow Jones Industrial Average rose slightly Monday as bank shares climbed, and investors looked ahead to a key inflation data release later in the week. Dow futures were up 93 points, or 0.4%. S&P 500 futures gained 0.2%. Nasdaq-100 futures were flat. Regional bank stocks rose broadly in the premarket, with the SPDR S&P […]

Friday May 5th

U.S. stock index futures rose Friday after tech giant Apple posted its latest quarterly figures, and investors looked ahead to the release of fresh U.S. jobs data. Futures tied to the Dow Jones Industrial Average gained 177 points, or 0.5%. S&P 500 futures gained 0.7% along with Nasdaq-100 futures. Apple posted beats on the top and bottom lines for the fiscal […]

Thursday May 4th

U.S. stock index futures declined Thursday, a day after the Federal Reserve hiked rates by another 25 basis points. Traders also grappled with returning contagion fears in the regional bank space. Futures tied to the Dow Jones Industrial Average fell 68 points, or 0.2%. S&P 500 futures dropped 0.2%, as Nasdaq-100 futures shed 0.1%. Shares of PacWest tanked by more than 35% in […]

Wednesday May 3rd

U.S. stock index futures rose Wednesday as investors looked ahead to the Federal Reserve’s latest policy decision. Dow Jones Industrial Average futures climbed by 14 points, or 0.05%. S&P 500 and Nasdaq-100 futures rose 0.13% and 0.16%, respectively. Ford Motor beat analysts’ expectations on the top and bottom lines in its latest quarter, as did coffee chain Starbucks. However, both stocks declined in the premarket. […]

Tuesday May 2nd

U.S. stock index futures fell slightly Tuesday as investors prepared for the Federal Reserve’s May policy meeting to kick off. Futures tied to the Dow Jones Industrial Average pulled back by 85 points, or 0.2%. S&P 500 futures traded 0.2% lower as well, while Nasdaq-100 futures fell marginally. The Fed’s two-day policy meeting is expected to conclude with the central […]

Monday May 1st

U.S. stock index futures hovered around the flatline Monday, the first day of the month, as traders assessed the takeover of failed bank First Republic. Futures tied to the Dow were up 5 points, or 0.01%, while S&P 500 and Nasdaq-100 futures fell 0.06% and 0.13%, respectively. JPMorgan Chase has acquired all of troubled lender First Republic’s deposits and a “substantial […]

Friday April 28th

U.S. stock index futures fell Friday as investors digested the latest round of corporate earnings, including results from Amazon. Dow Jones Industrial Average futures fell by 106 points, or 0.3%. S&P 500 and Nasdaq-100 futures slipped 0.2% each. Amazon shares were down more than 3% after initially rising. The online retailer said its cloud business decelerated when reporting first-quarter results, though it did beat […]

Thursday April 27th

U.S. stock index futures rose Thursday, boosted by strong results from Meta Platforms. Futures linked to the Dow Jones Industrial Average advanced by 151 points, or 0.5%. Nasdaq-100 futures gained 0.9%, while S&P 500 futures added 0.5%. Futures pared some gains after GDP data showed less economic growth than expected. The U.S. economy grew 1.1% in the first quarter, while economists polled […]

Wednesday April 26th

U.S. stock index futures advanced Wednesday morning after Microsoft earnings came in better than Wall Street expected. Futures tied to the Nasdaq 100 gained 1%. S&P 500 futures were up 0.2%, while Dow Jones Industrial Average futures added 52 points, or 0.2%. Microsoft added more than 7% after beating Wall Street’s expectations on the top and bottom lines in its latest quarter. The […]

Tuesday April 25th

U.S. stock index futures slipped Tuesday as traders assessed the latest quarterly figures from several major companies. Dow Jones Industrial Average futures fell 69 points, or 0.2%. S&P 500 and Nasdaq-100 futures dipped 0.3% each. Shares of First Republic Bank slid more than 20% after the regional bank posted its latest quarterly results. The bank said late Monday that deposits […]

Monday April 24th

U.S. stock index futures traded near flat on Monday as investors awaited a slew of corporate earnings from big tech companies, as well as fresh economic data releases. Dow Jones Industrial Average futures fell by 45 points, or 0.1%. S&P 500 and Nasdaq-100 futures were both down around 0.1%. The major indexes all fell last week as the earnings season began […]
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