Wall Street ticked higher on Monday as technology stocks recovered some of their losses from late last week. The Standard & Poor’s 500 added 0.3%. The Dow Jones industrial average rose 68 points, or 0.1%, and the Nasdaq composite climbed 0.5%. All three are near their all-time highs set a week ago. Big Tech stocks…
US stock futures held steady with Wall Street worried a government shutdown could begin as soon as Wednesday. 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) hovered around the baseline. President Trump met with Democrats in the Oval Office on Monday, but both…
A stop sign is seen at a security checkpoint at the US Capitol in Washington, DC on March 24, 2019. Andrew Caballero-reynolds | Afp | Getty Images Prediction markets are pricing in about a 70% chance that the federal government will shut down on Wednesday, reflecting growing skepticism that lawmakers will strike a last-minute deal to keep…
By Laura Matthews, Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) -Wall Street is preparing for disruption to economic data if a looming U.S. government shutdown goes ahead, which could cause investors to rely more on alternative data or take on more defensive positions as they anticipate volatility in asset prices. The U.S. Labor Department…
A trader works on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were little changed in overnight trading Sunday following a losing week on Wall Street with the AI trade losing steam. Futures tied to the Dow Jones Industrial Average edged up 17 points. S&P 500 futures…
With the S&P 500 (^GSPC) trading near record highs and valuations approaching levels last seen during the dot-com bubble, strategists are rethinking what normal looks like for today’s market. Bank of America equity strategist Savita Subramanian is among those making the case. “Perhaps we should anchor to today’s multiples as the new normal rather than…
Wall Street is set for a busy week with a plethora of economic data releases scheduled. The primary focus for market participants will centre on the September non-farm payrolls report and the August job openings numbers. Beyond these key employment figures, traders will be closely monitoring releases covering S&P final manufacturing and services PMIs, consumer…
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump posted on Saturday a cartoon image depicting him firing Federal…
The consistently higher returns of the U.S. stock market compared with its European and Asian counterparts year after year have led investors across much of the world to focus their attention on Wall Street, closely scrutinizing the performance of its indices and quarterly earnings seasons. With the S&P 500 delivering a return of over 100%…
Final results for the University of Michigan’s September consumer sentiment survey released Friday showed sentiment slipped more than expected over the past month. The index of consumer sentiment fell to 55.1 — lower than the 55.4 projected by economists tracked by Bloomberg as well as the 58.2 in August and 70.3 the prior year. Preliminary…