The tech-heavy Nasdaq Composite concluded at 22,546.67, declining by 0.2% as a result of underwhelming performance from leading AI companies. The S&P 500 experienced a modest increase of 0.1%, concluding the session at 6,836.17. Eight of the eleven broad sectors of the market index concluded the day in negative territory, whereas three sectors finished in Read More
In January, U.S. consumer price increases moderated more than expected, approaching the Federal Reserve’s 2% target, largely due to a decline in energy prices. Headline U.S. consumer prices increased by 2.4% in the twelve months leading up to January, falling short of estimates of 2.5% and down from December’s rate of 2.7%. On a monthly Read More
Nasdaq futures declined on Friday, anticipating further losses following a widespread market sell-off as market awaited the latest consumer inflation data to guide expectations regarding the trajectory of interest rates. Contracts on the S&P 500 and the Dow Jones Industrial Average futures both dropped roughly 0.4%. Meanwhile, Nasdaq 100 futures fell 0.3%, signaling a return Read More
Equities were poised for a stronger start on Thursday, after a day when key market indexes faced a downturn. The Dow Jones Industrial Average concluded a three-day winning streak, during which it reached both intraday and closing records on each occasion. Futures for the Dow, S&P 500, and Nasdaq 100 were each up around 0.3% Read More
Nasdaq Stock futures experienced a modest increase on Wednesday in anticipation of the forthcoming U.S. employment report for January, which is projected to shed light on the labor market amidst the prevailing uncertainty regarding the economy’s direction. Recent trading saw the Nasdaq 100, Dow Jones Industrial Average, and S&P 500 futures each increase by 0.1%. Read More
Futures on the Nasdaq exhibited minimal fluctuations in anticipation of the U.S. retail sales figures for December, following the Dow Jones Industrial Average’s achievement of a record closing for the second consecutive day. S&P 500 futures experienced an increase of 0.2%, whereas Nasdaq 100 and Dow futures rose by 0.1% and showed a marginal uptick, Read More
Nasdaq Futures indicated a lower opening following a week of significant volatility, during which major indexes concluded sharply higher, highlighted by the Dow Jones Industrial Average exceeding the 50000 mark for the first time. Futures for the Nasdaq 100, S&P 500, and Dow indicated declines of 0.3%, 0.2%, and 0.1%, respectively. Major indexes experienced a Read More
Elon Musk utilized a recent extensive podcast discussion to articulate an audacious vision regarding the future of artificial intelligence and the potential locations for the world’s data centers, with SpaceX strategically positioned at the core of this transformation. Musk contended that energy, rather than chips, is emerging as the primary limitation on the expansion of Read More
Futures indicated an upward trajectory on Friday, following a decline in major indexes the previous day, which was characterized by a risk-off sentiment. Nevertheless, the Nasdaq and S&P 500 appeared set to record significant weekly declines. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average exhibited increases of 0.8%, 0.7%, and 0.6%, Read More
Nasdaq futures indicated a downward trend on Thursday, as market participants analyzed the quarterly performance of Google parent Alphabet and anticipated earnings from another member of the Magnificent Seven tech giants, Amazon. Meanwhile, bitcoin fell beneath $70,000, and silver declined. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average experienced declines of Read More
