US stock futures nudged up on Tuesday as investors eyed the prospects for interest-rate cuts ahead of marquee inflation readings later in the week, with Apple’s (AAPL) annual iPhone event in closer view. Futures attached to the Dow Jones Industrial Average (YM=F) hovered above the flat line, while those on the S&P 500 (ES=F) inched…
US stock futures edged up as Wall Street counted down to Apple (AAPL)’s annual iPhone event ahead of the release of critical economic data later this week. Futures attached to the Dow Jones Industrial Average (YM=F), the benchmark S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) rose roughly 0.1%. Stocks rose on Monday, lifting…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Help wanted Last week’s salvo of job market data was weaker-than-expected across the board. While that raised some investors’ hopes for a forthcoming interest rate cut from…
US stocks reversed course on Friday as investors took in a softer-than-expected jobs report, with imminent interest-rate cuts seen as certain after this week’s run of weak labor data. The S&P 500 (^GSPC) fell 0.3%, backing off the all-time closing high hit on Thursday, while the Dow Jones Industrial Average (^DJI) lost 0.5%. The tech-heavy…
The stock market kicked off the historically tough month of September on a rocky note as Wall Street speculated about the magnitude of the Federal Reserve’s next interest rate decision. Initially, the S & P 500 and Nasdaq hit all-time intraday highs Friday morning as investors digested a slower-than-expected August jobs growth . The weak…
Wall Street will have to contend with the fallout from the latest jobs data next week, with investors keeping an eye on troubling signals in the bond market. Inflation data is also on deck. Stocks vacillated Friday, with the major averages falling during midday trading after making a move to all-time highs earlier in the…
US stocks reversed course sharply on Friday as investors took in a softer-than-expected jobs report, with imminent interest-rate cuts seen as certain after this week’s run of weak labor data. The S&P 500 (^GSPC) fell 0.4%, backing off the all-time closing high hit on Thursday, while the Dow Jones Industrial Average (^DJI) lost 0.5%. The…
The US labor market continues to show signs that it entered a lower gear over the summer. ADP’s private payrolls report for August out Thursday morning showed there were just 54,000 private sector jobs created last month, fewer than the 73,000 that were expected and the 106,000 jobs added to the private sector last month….
U.S. stock markets closed mixed on Wednesday after a choppy session. A favorable court ruling of an Internet giant lifted the entire tech sector. However, tariff-related concerns continue to hurt investor’s sentiment. A weak labor market data further aggravated the situation. The Nasdaq Composite and the S&P 500 ended in positive territory while the Dow…
Tesla (TSLA) stock rose 1.6% ahead of the opening bell on Wednesday in a choppy week of trading for the electric vehicle maker. Shares fell Tuesday after Tesla’s sales data from around the world highlighted the company’s challenges with rising competition and brand weakness in certain regions. Musk has seemed to pay little mind to…