Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, rose to 4.7% YoY in November, the US Bureau of Economic Analysis reported on Thursday. That was above the consensus forecast for an inflation rate of 4.5% and marked a substantial acceleration from October’s inflation rate …
Read More »US Stock Futures Are Rising
US stock index futures rose in Thursday morning’s trading to offset yesterday’s losses. This rise in US stocks came after the US Food and Drug Agency (USFDA) announced that it had granted emergency approval to a drug developed by Pfizer to treat people infected with the Coronavirus, which has a …
Read More »US: Weekly Initial Jobless Claims Rises to 206K
There were 206,000 initial claims for unemployment benefits in the US during the week ending December 11, data published by the US Department of Labor (DoL) revealed on Thursday. This reading followed last week’s print of 188K (revised up from 184K), which was the lowest reading since 1969, and came …
Read More »US Stock Futures Are Rising
US stock index futures continued to rise with this week’s opening on Monday morning, especially the “S&P 500” index, which reached its highest level ever last Friday. Today’s gains came after a positive end last week on “Wall Street,” with US investors ignoring the data of the most significant annual …
Read More »US Stock Futures Rise With Ahead of Inflation Data
The futures contracts for US stock indices recorded a slight increase today, Friday morning, before the opening of trading, after falling yesterday evening, as the markets’ fears about the new Omicron parameter subsided, at the same time that investors awaited the report of the US Consumer Price Index (CPI) for …
Read More »White House: US, Allies Will Respond To Russia’s Aggression
“US and its allies would respond to Russia’s aggression,” said the White House early Friday. The news came after chatters that Russia rejected Ukraine’s proposal to strengthen the July 2020 ceasefire.The White House communiqué also mentioned that US President Joe Biden reaffirmed the United States’ unwavering commitment to Ukraine’s sovereignty …
Read More »US Stock Futures Drop After 3 Straight Days of Rally
US stock index futures fell slightly in trading on Thursday, after major indexes posted gains for the third day yesterday, as traders are betting that the economic impacts of the Omicron pivot will not be as severe as initially thought. The Dow Jones Industrial Average futures declined 109 points, the …
Read More »US Stock Futures Continue to Rise During Today’s Trading
US stock futures rose in morning trading on Wednesday, after shares continued their recovery in the main market trading yesterday. Dow Jones Industrial Production futures rose 14 points, S&P 500 futures rose 0.1%, and Nasdaq 100 futures rose 0.3%. During Tuesday’s trading, the S&P 500 and Nasdaq recorded their best …
Read More »US: Weekly Initial Jobless Claims Rises to 222K
There were 222,000 initial claims for unemployment benefits in the US during the week ending November 27, data published by the US Department of Labor (DoL) revealed on Wednesday. This reading followed last week’s print of 194,000, revised from 199,000, lower than the market’s expectation for 240,000.
Read More »The Collapse of US Futures Contracts Ahead of The Opening
The futures contracts of US stock indices recorded a very negative performance before the opening of trading in light of global concerns about the new Coronavirus, which led to strong fluctuations in global financial markets. The futures contracts for the DOW JONES index decreased by 2.20% and settled at the …
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