U.S. stock futures slightly surged higher Wednesday night after the Dow Jones Industrial Average reclaimed a 459-point loss from earlier hours of the trading session as investor concerns on a debt ceiling deal eased.Dow Jones Industrial Average futures rose 42 points, or 0.1%. S&P 500 and Nasdaq 100 futures climbed …
Read More »Wall Street closes sharply higher over Big Tech gains
Facebook shares have bounced by 2.1% one day after taking a beating as services resumed following outage.Tech and financial companies Apple, Microsoft, Amazon and Alphabet are significantly among top advancers, each rose more than 1% following a selloff in growth stocks the day before. PepsiCo gains on raising annual revenue …
Read More »Facebook’s shares lose 6% in wake of whistleblower revelations
Facebook Inc. services experienced widespread outages Monday morning, adding to the social network’s worst and most miserable day.Facebook FB shares dropped as much as 6% to an intraday low of USD 323, which would be their worst single day decline since a 6.3% fall logged on 30 October 2020. The …
Read More »Wall Street rises after September volatility
Wall Street Stocks advanced on Friday, as equities try to regain after closing out volatile September in the red zone.The Dow rose and did better than compared to the other two major indexes, as shares of Merck jumped over positive data on its COVID-19 antiviral pill. Friday’s moves come following …
Read More »Canada’s Toronto futures fall over retreating oil prices
Retreating oil prices impacted the Canadian stock futures on Friday, with investors awaiting GDP data for signals about the pace of the country’s economic recovery.Oil has fallen below $78 a barrel on the prospect that OPEC+ producers might step up a planned increase in global production to ease supply concerns.December …
Read More »Dow drops 400 points as stocks face worst month in 2021
Wall Street reversed direction midday Thursday, with the Dow falling 400 points on the final trading day of the month and the quarter.Major indexes on Wall Street opened higher on Thursday but were unable to hold onto their gains. Around midday, the Dow (INDU) traded at 1.2%, or about 400 …
Read More »Wall Street stocks sharply lower over U.S. Treasury yield gains
The sharp lows on Tuesday of Wall Street stocks is deepening concerns over persistent inflation and price hikes, as debt ceiling negotiations continue in Washington.All three major U.S. stock indexes slid by nearly 2% or even more, with interest rate sensitive tech and tech adjacent stocks while investors lost risk …
Read More »Nasdaq Futures Drop 1.6% as Bond Yields Rise
US stock futures fell 1.6 percent on Tuesday, September 28, as the Nasdaq index futures suffered a sharp decline as rising bond yields pressured technology stocks. Nasdaq100 futures fell 1.6%, S&P500 futures fell 0.8%, while Dow Jones Industrial Average futures lost about 114 points or 0.3%. The 10-year Treasury yield …
Read More »Oil hits highest level as supply tightens
Brent has closed at highest since October 2018, driving NY ULSD futures to hit their highest up in almost three yearsU.S. oil/gas rig count has also risen for 14th month according to Baker Hughes, so, for a third successive week, oil prices have risen to a near three-year high on …
Read More »Wall Street Turns Red after a New Jump in U. S. Jobless Claims
Wall Street fell after disappointing jobs data, ignoring improvement in retail sales, as investors weigh mixed signals in the latest U.S. economic data. The Dow Jones Industrial Average lost 200 points and moved down 0.5%, coinciding with weekly jobless claims that rose and August’s retail sales unexpected jump. The S&P …
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