U.S. stock markets and index futures rose on Monday, extending their recent rally, as investors focused on upcoming inflation data and insights from Federal Reserve officials set to speak this week. In early trading, Dow Jones futures were up about 175 points, up 0.4%, S&P 500 futures were up about 21 points, up something close […]
U.S. Stock Markets Steady After Tech Sector Losses, Earnings in Focus
U.S. equity markets stabilized on Wednesday after losses in technology stocks, driven by weak results from leading chipmaker ASML (ASML), pulled Wall Street away from its all-time highs. Losses in the semiconductor sector hit Wall Street on Tuesday, with the NASDAQ Composite down nearly 1%, while both the S&P 500 and Dow Jones Industrial Average […]
U.S. Stock Markets Stabilize Ahead of Quarterly Earnings Results
U.S. stock index futures and equities stabilized on Tuesday, consolidating after a rally in technology stocks hit all-time highs on Wall Street during the previous session, ahead of major company earnings data. The major indexes posted solid gains on Monday, supported by strong performances in major technology shares, with market favorite Nvidia (NVDA) reaching an […]
Market Highlights for the Week: Inflation, Earnings, Oil
A busy week awaits the markets, with US inflation data that could cement expectations of a rate cut in September. Earnings season gathers momentum with the release of the results of major companies and many European banks. Meanwhile, Eurozone PMI data will highlight the run-up to the European Central Bank’s next rate cut. Here’s what […]