Key Points to Watch Out For: Lowe’s (LOW), TJX (TJX), Target (TGT) and Analog Devices (ADI): Reports before the open Lowe’s is set to release results before the bell. TJX, the parent of T.J. Maxx, will also report ahead of the open. Target is due to publish its earnings before the open, as is Analog […]
U.S stock futures dip slightly in advance of Fed minutes; Jackson Hole in crosshairs
U.S. stock index futures slipped slightly on Wednesday as investors remained risk-averse ahead of key economic signals and central bank commentary from this week’s Jackson Hole Symposium. At 05:40 ET (09:40 GMT), Dow Jones futures were down 72 points, or 0.2%, S&P 500 futures fell 7 points, or 0.1%, and Nasdaq 100 futures declined 33 […]
Dollar rises marginally prior to the Fed minutes; the pound sterling gains ground following the CPI increase
The U.S. dollar edged higher on Wednesday as traders looked ahead to the release of the Federal Reserve’s July meeting minutes, followed by the annual Jackson Hole symposium, both expected to provide fresh signals on the central bank’s monetary policy outlook. At 04:55 ET (08:55 GMT), the Dollar Index, which tracks the greenback against six […]
Today’s Stocks to Watch: Intel, Palo Alto, and Home Depot
Key Points to Watch Out For: Intel (INTC): SoftBank Investment and Possible U.S. Stake Shares gained 6% in premarket trading after SoftBank agreed to invest $2 billion. The announcement coincides with reports of a potential U.S. government bailout that could involve a 10% ownership stake. SoftBank shares slipped 4% in Tokyo following the news. Medtronic […]
SEC Pushes Back Decisions on Crypto ETFs to October
The U.S. Securities and Exchange Commission (SEC) has once again delayed rulings on multiple cryptocurrency exchange-traded fund (ETF) applications, moving most deadlines into October 2025. The extensions affect filings tied to Bitcoin, Ethereum, Solana, XRP, Litecoin, and Dogecoin, underscoring the regulator’s cautious approach as it evaluates how to integrate digital assets into the broader financial […]
U.S. Stock Futures Hold Firm After Washington Meeting, Focus Turns to Jackson Hole and Home Depot
U.S. stock index futures were little changed Tuesday, with investors holding back ahead of the Federal Reserve’s Jackson Hole Symposium and a wave of retail earnings later this week. At 05:50 ET (09:50 GMT), Dow Jones Futures edged up 10 points, or 0.1%, while S&P 500 Futures dipped 3 points, or 0.1%, and Nasdaq 100 […]
Dollar Falls Modestly Ahead of Jackson Hole, Euro Gains Momentum
The U.S. dollar edged lower Tuesday, giving back early gains as caution prevailed following the White House summit on Ukraine. At 04:40 ET (08:40 GMT), the Dollar Index, which measures the greenback against six major peers, slipped 0.1% to 97.920 after modest overnight gains. Dollar Trades in Narrow Range U.S. President Donald Trump assured President […]
Japan Set to Approve First Yen-Pegged Stablecoin
Japan’s top financial regulator is preparing to authorize the issuance of yen-denominated stablecoins as early as this fall, paving the way for the country’s first domestically backed digital currency tied to fiat, according to Nikkei. Tokyo-based fintech JPYC is expected to spearhead the launch, with its registration as a money transfer provider scheduled for completion […]
Today’s Stocks to Watch: Novo Nordisk and UnitedHealth
Key Points to Watch Out For: Novo Nordisk (NVO): FDA Approval for Wegovy The FDA approved Wegovy for the treatment of a form of liver disease. Shares gained nearly 5.5% in Denmark. Wegovy, already known as a weight-loss drug, is now cleared for this additional indication, strengthening Novo Nordisk’s market position. Soho House (SHCO): Move […]
U.S. Stock Futures Fall as Attention Turns to Jackson Hole and Zelensky Meeting
U.S. stock index futures edged lower Monday, consolidating after last week’s gains as investors looked ahead to a meeting between Ukraine President Volodymyr Zelensky and U.S. President Donald Trump in Washington, alongside the closely watched Jackson Hole Symposium. At 05:35 ET (09:35 GMT), Dow Jones Futures slipped 33 points, or 0.1%, S&P 500 Futures declined […]