Thursday, August 6

Tag: Stock Futures

U.S. stock futures sink after Dow falls for second straight day – MarketWatch
Stock News

U.S. stock futures sink after Dow falls for second straight day – MarketWatch

U.S. stock index futures fell late Wednesday, after the Dow and S&P 500 fell for a second straight day. As of midnight Eastern, Dow Jones Industrial Average futures YM00, -1.37% were last down more than 300 points, or 1.2%, while S&P 500 futures ES00, -1.09% and Nasdaq-100 futures NQ00, -0.71% fell too. The Dow DJIA, -1.03% and S&P 500 SPX, -0.53% closed lower Wednesday after the Fed said it will keep interest rates unchanged at near zero through 2022, while keeping up its current pace of bond-buying to support credit markets through the pandemic. The tech-heavy Nasdaq Composite COMP, +0.66% gained 66.59 points, or 0.7%, to close at a record high 10,020.35,
Dow extends losses, now down 300 points ahead of Fed update as Boeing drops 8% – CNBC
Stock News

Dow extends losses, now down 300 points ahead of Fed update as Boeing drops 8% – CNBC

The Dow Jones Industrial Average fell on Wednesday as investors awaited an update from the Federal Reserve on the state of the economy and status of any further stimulus from the central bank.  The 30-stock Dow dropped 250 points, or 0.9%, as Boeing shares slid more than 7%.The S&P 500 dipped 0.4%. The Nasdaq Composite hit a fresh record high, rising more than 0.5%, as gains in major tech stocks limited the broader market's decline.   Shares of Amazon and Apple gained more than 1% each. Facebook Alphabet and Netflix rose 0.7%, 0.6% and 1.1%, respectively.  The Fed is expected to keep policy unchanged, but investors will be watching for thoughts on possibly implementing yield caps and strengthening forward guidance on how long the Fed will keep c...
Stock futures rise as investors await Fed’s forecast on the economy – CNBC
Stock News

Stock futures rise as investors await Fed’s forecast on the economy – CNBC

U.S. stock futures rose in early morning trading as investors await clarity on the state of the economy and further stimulus from the Federal Reserve's policy meeting. Dow futures rose 165 points, implying a gain of about 169 points at the open Wednesday. The S&P 500 and Nasdaq were also set to open slightly higher, with gains of around 19 points and 43 points, respectively. The Dow Jones Industrial Average and S&P 500 were under pressure on Tuesday as stocks benefiting from the economic reopening fell broadly. The Dow fell 300 points or 1.1%, snapping a 6-day winning streak. The 30-stock average was dragged down by a 5.9% drop in Boeing. The S&P 500 lost 0.8%, retreating after briefly turning positive for the year in the previous session. "After such a ferocious run ...
Stock futures rise slightly as investors await Fed’s forecast on the economy – CNBC
Stock News

Stock futures rise slightly as investors await Fed’s forecast on the economy – CNBC

U.S. stock futures rose slightly in overnight trading as investors await clarity on the state of the economy and further stimulus from the Federal Reserve's policy meeting. Dow futures rose 70 points, indicating a gain of 0.26% at the open Wednesday. The S&P 500 and Nasdaq were also set to open slightly higher, with gains of 8 points and 35 points, respectively. The Dow Jones Industrial Average and S&P 500 were under pressure on Tuesday as stocks benefiting from the economic reopening fell broadly. The Dow fell 300 points or 1.1%, snapping a 6-day winning streak. The 30-stock average was dragged down by a 5.9% drop in Boeing. The S&P 500 lost 0.8%, retreating after briefly turning positive for the year in the previous session. "After such a ferocious run in recent wee...
Nasdaq Composite breaks above 10,000 for the first time as Amazon and Apple hit records – CNBC
Stock News

Nasdaq Composite breaks above 10,000 for the first time as Amazon and Apple hit records – CNBC

The Nasdaq Composite rallied to a record high on Tuesday, breaking above 10,000 for the first time, as traders loaded up on major technology names while taking profits from stocks that benefit from the economy reopening. The tech-heavy Nasdaq rose more than 0.7%. Amazon and Apple gained 2.1% and 1.8%, respectively, to hit all-time highs. Facebook traded 3.1% higher and Netflix rose 2.7%. Google-parent Alphabet was also up 1%. Meanwhile, the 30-stock Dow Jones Industrial Average slid 174 points, or 0.6% and was on pace to snap a six-session winning streak. The S&P 500 dropped 0.4%. United Airlines and Delta Air Lines each dropped more than 6%. Cruise lines Carnival and Royal Caribbean both declined more than 5.7%. Retail-related trades Gap and Simon Property Group dropped as ...
Dow futures drop 300 points as comeback rally pauses, Airlines and other reopening plays decline – CNBC
Stock News

Dow futures drop 300 points as comeback rally pauses, Airlines and other reopening plays decline – CNBC

Stock futures fell on Tuesday as investors took some money off the table following a relentless comeback rally that pushed the S&P 500 into positive territory for the year amid a recession from the coronavirus pandemic. Dow Jones Industrial Average futures lost 306 points, or 1.1%. The move suggested an opening decline of 330 points. S&P 500 futures lost 0.9%. Nasdaq-100 futures dropped 0.5%. The speculative trades that have led the latest leg of the market's comeback on optimism about the reopening of the economy were lower in early trading Tuesday. United Airlines, Delta Air Lines each dropped more than 6% in premarket trading. Cruise lines Carnival and Royal Caribbean declined more than 5%. Retail-related trades Gap and Simon Property Group dropped as well.&n...
Stock futures hold steady after S&P 500 turns positive for the year – CNBC
Stock News

Stock futures hold steady after S&P 500 turns positive for the year – CNBC

Futures contracts tied to the major U.S. stock indexes held steady during the overnight session Monday evening as investors hoped to extend the S&P 500's gains after the index returned to positive territory for the year during the regular session. Dow Jones Industrial Average futures rose 29 points, suggesting a flat open when regular trading resumes on Tuesday. S&P 500 futures pointed to an opening slip of 0.2% while Nasdaq-100 futures indicated a similar move. The overnight moves Monday evening followed sharp gains on Wall Street on Monday as the S&P 500 returned to positive territory for 2020 as fears over the coronavirus continued to give way to optimism about the reopening of the American economy. The S&P 500 leaped 1.2%, or 38.46 points, t...
U.S. Stocks Edge Higher After Last Week’s Rally – The Wall Street Journal
Stock News

U.S. Stocks Edge Higher After Last Week’s Rally – The Wall Street Journal

U.S. stocks rose Monday, extending gains across all three major indexes, as investors continued to assess the pace of the economic recovery. The Dow Jones Industrial Average added 246 points, or 0.9%, to 27356, and the S&P 500 gained 0.4%. The Nasdaq Composite, meanwhile, turned positive after tumbling in early trading. The technology-laden index rose 0.2%, on track to set its first record close since February. Friday’s...
Stock futures tread lightly after rally, oil climbs above $40 – Fox Business
Stock News

Stock futures tread lightly after rally, oil climbs above $40 – Fox Business

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. U.S. equity futures bounced between gains and losses to start a new week, following Friday's jobs report inspired rally set off by the better-than-expected report. Continue Reading Below The major futures indexes are pointing to a gain of 0.3 percent at 4:30 a.m. ET. GET FOX BUSINESS ON THE GO BY CLICKING HERE Oil  rose as high as 2 percent on Sunday night, touching a 3-month high and trading above $40 for the first time since March 6. The gains come as OPEC, Russia and others agreed to extend record output cuts until the end of July. Also supporting prices was the fact that about one-third of oil production in the Gulf of Mexico w...
Stock futures continue rally, oil climbs above $40 – Fox Business
Stock News

Stock futures continue rally, oil climbs above $40 – Fox Business

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. U.S. equity futures bounced between gains and losses overnight before finally moving solidly higher. This follows Friday's jobs report rally set off by the better-than-expected numbers. Continue Reading Below The major futures indexes are pointing to a gain of 0.7 percent. GET FOX BUSINESS ON THE GO BY CLICKING HERE Oil  rose as high as 2 percent on Sunday night, touching a 3-month high and trading above $40 for the first time since March 6. The gains come as OPEC, Russia and others agreed to extend record output cuts until the end of July. Also supporting prices was the fact that about one-third of oil production in the Gulf of Mexico was cut be...