Tech led gains in US stock futures on Monday, after the Senate took a big step toward ending the record-breaking government shutdown that has clouded the picture of the economy. S&P 500 futures (ES=F) rose nearly 1%, while those on the tech-heavy Nasdaq 100 (NQ=F) climbed 1.5%. Contracts on the Dow Jones Industrial Average (YM=F),…
Tech led gains in US stock futures on Monday, after the Senate took a big step toward ending the record-breaking government shutdown that has clouded the picture of the economy. S&P 500 futures (ES=F) rose 0.8%, while those on the tech-heavy Nasdaq 100 (NQ=F) climbed 1.4%. Contracts on the Dow Jones Industrial Average (YM=F), which…
US stock futures climbed Sunday night as signs of progress pointed toward the end of the record-breaking federal government shutdown. Futures tied to the S&P 500 (ES=F) rose 0.5%, while Nasdaq 100 futures (NQ=F) gained 0.7%. Dow Jones Industrial Average futures (YM=F) added 0.3%. The move higher comes as investors watch closely for a deal…
Data showig a fall in producer prices last month came ahead of key consumer figures due Thursday and boosted rate cut hopes (Frederic J. BROWN) Asian equities mostly rose Thursday as investors built on this week’s rally after US data ramped up expectations for a string of interest rate cuts. Markets have enjoyed a healthy…
US stock futures were mixed as Wall Street readied for the main event of the week: Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium in Wyoming. 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) ticked up 0.1%. Stocks swung last…
Markets ended the week largely unfazed by a hotter wholesale inflation print and signs of firming consumer prices, but some economists warn the underlying story is more concerning than investors seem to believe. The Producer Price Index (PPI) for July surged to a three-year high, with services inflation playing a key role in the gains….
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell’s crucial Jackson Hole speech. The Producer Price Index (PPI) for July showed inflation for businesses rose 0.9% over the prior month, well ahead of the…