By Johann M Cherian and Sanchayaita Roy (Reuters) -U.S. stock index futures wavered on Monday, pausing after a recent rally as investor focus shifted to earnings from big box retailers and an annual central bank conference at Jackson Hole, all of which are lined up later this week. Geopolitics was also in the spotlight as…
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The dollar is on course for its best week of the year, as unfolding U.S. trade deals are succeeding in raising tariffs without attracting much retaliation or causing major economic damage so far. A…
US stock futures steadied near all-time highs on Friday as investors assessed a packed week of major earnings, trade deals, and President Trump’s unusual visit to the Federal Reserve. Dow Jones Industrial Average futures (YM=F) ticked up 0.1%, while S&P 500 futures (ES=F) traded flat on the heels of notching its fourth record close in…
Tech led US stocks on Tuesday as a key consumer inflation print showed inflation accelerated in June, big banks kicked off earnings season, and Nvidia (NVDA) looked set to receive a green light for trade with China from the Trump administration. The S&P 500 (^GSPC) traded below the flat line after opening higher, while the…
Nvidia (NVDA) is moving to reestablish its foothold in the Chinese market, announcing late Monday night that it plans to restart sales of its H20 AI chips in the region. The company has also unveiled a new GPU model specifically engineered to align with US export regulations. In a company blog post, Nvidia said it…
Nvidia (NVDA) is moving to reestablish its foothold in the Chinese market, announcing late Monday night that it plans to restart sales of its H20 AI chips in the region. The company has also unveiled a new GPU model specifically engineered to align with US export regulations. In a company blog post, Nvidia said it…
(Bloomberg) — The looming impacts of tariffs will be in focus for a second-straight earnings season, prompting investors to position for more volatility. Most Read from Bloomberg Trade tensions have ratcheted up again as US President Donald Trump threatens higher levies on a slew of trading partners — including 50% on Brazil and 30% on…
(Bloomberg) — In just three months, US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America’s report cards justify the optimism priced into equity markets. Most Read from Bloomberg Expectations aren’t high: Wall Street is bracing for the weakest earnings season since mid-2023. Analysts…
Consumer inflation (CPI) was higher than expected in January. One of the culprits was airfare, with … [+] used car prices and auto insurance premiums adding to the rise. (Photo by Tim Boyle/Getty Images) Getty Images Earnings season is nearing the finish line, with over three-quarters of the fourth-quarter earnings season complete. The pace of…
(Bloomberg) — Beneath a solid fourth-quarter earnings season, there’s a worrisome development that may put a dent in the bull case for US stocks: Corporate America’s profit outlook is souring. Most Read from Bloomberg Among companies that have issued guidance for next quarter and beyond, more have provided estimates that trail analysts’ expectations. A gauge…