Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market fell slightly Thursday amid talk of a Fed rate-cut “pause.” Nvidia (NVDA) resumed its strong run, with several tech plays making bullish moves. All eyes will be on Elon Musk and the Tesla robotaxi event tonight, with big
Here’s what to read on Thursday: Fed tends to look past hurricanes, although that is getting harder ‘Bond king’ Bill Gross says stock market’s record-setting run will slow. Here are 4 options for playing defense. Higher 10-year Treasury yields were Enemy No. 1 for markets for years. Why things look different now. S&P 500 SPX
US stocks were lower on Thursday after the latest consumer inflation print came in hotter than anticipated, further blurring the picture of the Federal Reserve’s next interest rate decision in November. The Dow Jones Industrial Average (^DJI) dropped around 0.1%, or just less than 60 points, while the S&P 500 (^GSPC) fell 0.2% after both
First Solar Sinks After Price Target Cut by Jefferies 6 minutes ago First Solar (FSLR) was the worst performer in the S&P 500 intraday Thursday after securities analysts at Jefferies lowered their price target on concerns that delays will negatively affect its current-quarter results. Jefferies dropped its price outlook for First Solar to $266 from $271, while maintaining a
October 10th, 2024, 2:37 PM GMT+0000 Mike Wilson, Morgan Stanley chief US equity strategist, talks about his call to upgrade cyclical stocks after Friday’s strong US jobs report. He also talks about what could lead to growth in the market, possible tariffs from Washington and how the presidential election could impact stocks. He’s on “Bloomberg
US stocks drifted lower on Thursday after the latest consumer inflation print came in hotter than anticipated, setting up expectations for the path of interest rates. The Dow Jones Industrial Average (^DJI) slipped nearly 0.2%, while the S&P 500 (^GSPC) shed roughly 0.3%, after both clinched fresh record highs. The tech-heavy Nasdaq Composite (^IXIC) also
US stock futures drifted lower on Thursday as investors waited for the latest reading on consumer inflation to help set expectations for the path of interest rates. Dow Jones Industrial Average futures () slipped 0.1%, while S&P 500 futures (^GSPC) shed roughly 0.2%, after both clinched fresh record highs. Contracts on the tech-heavy Nasdaq 100
European markets moved lower Thursday morning as investors await the latest U.S. inflation data for more signs that price pressures are easing. The pan-European Stoxx 600 was down 0.14% by 9:35 a.m. London time, with most sectors and major bourses shifting into the red. Insurance stocks led gains, up 0.49%, as Hurricane Milton’s devastating hit
TOKYO (AP) — Asian shares mostly rose Thursday, as market optimism got a perk from the record highs set on Wall Street. Japan’s benchmark Nikkei 225 edged up 0.3% in afternoon trading to 39,390.33. Australia’s S&P/ASX 200 rose 0.4% to 8,223.00. South Korea’s Kospi added 0.5% to 2,607.45. Hong Kong’s Hang Seng jumped 3.7% to
By Niket Nishant (Reuters) – Venture capital investors in the United States remained cautious about dealmaking amid economic uncertainty, according to a PitchBook-NVCA report released on Thursday, underscoring challenges in the industry despite a rally in public markets. About $37.5 billion of deals were clinched in the third quarter ended Sept. 30, nearly 32% lower