Activity in the U.S. services sector experienced an acceleration in August, indicating a shift in growth momentum within the world’s largest economy toward this crucial sector, as opposed to manufacturing, based on a preliminary estimate. The flash U.S. services purchasing managers’ index increased to 56.8 this month, marking the highest level in 20 months and Read More
Major U.S. stock indexes were poised for a higher opening on Friday, buoyed by stabilising bond yields and oil prices following a tumultuous week for markets. Futures contracts linked to the Dow Jones Industrial Average experienced an increase of 0.5% in early trading, while S&P 500 futures saw a rise of 0.4%, and Nasdaq 100 Read More
Nasdaq futures exhibited minimal variation on Thursday following a notable rebound in major indexes the previous day, which effectively ended a three-session decline. Meanwhile, bitcoin, oil prices, and Treasury yields experienced an upward movement. Futures for the Dow Jones Industrial Average and S&P 500 indicated a decline of 0.2% and a fractional decrease, respectively, whereas Read More
Nasdaq futures exhibited a mixed performance and remained largely unchanged on Wednesday, following three consecutive sessions of declines for the major indexes. Meanwhile, oil prices continued to increase due to the absence of diplomatic advancements between the U.S. and Iran regarding the reopening of the Strait of Hormuz to shipping. Nasdaq 100 futures declined by Read More
Nasdaq futures indicated a lower opening on Tuesday, with technology shares at the forefront of the declines. Concurrently, Treasury yields experienced an upward trend as stagnation in discussions regarding the reopening of the Strait of Hormuz heightened concerns over persistently elevated oil prices. Futures for the Nasdaq 100 and S&P 500 indicated declines of 1.2% Read More
Nasdaq futures exhibited a mixed performance on Monday, with technology shares driving the gains, following a third consecutive week of increases for both the S&P 500 and Nasdaq Composite. Futures for the Nasdaq 100 and S&P 500 indicated increases of 0.5% and 0.1%, respectively, whereas futures for the Dow Jones Industrial Average showed a decline Read More
Cisco Systems projected fiscal 2027 revenue and profit exceeding Wall Street estimates, anticipating that the increasing demand for networking equipment and artificial intelligence infrastructure will support growth into the upcoming year. However, the company’s stock experienced a decline exceeding 9% during early U.S. trading on Thursday, as analysts observed that the returns, although strong, were Read More
Nasdaq futures exhibited a mixed performance and remained relatively stable as the opening bell approached on Friday, following the S&P 500’s record close the previous day, alongside rising oil prices and Treasury yields. Futures for the Nasdaq 100 and S&P 500 increased by 0.2% and 0.1%, respectively, whereas futures for the Dow Jones Industrial Average Read More
Nasdaq futures edged higher while Treasury yields declined in anticipation of the monthly Producer Price Index reading on Thursday. Traders are increasingly convinced that the Federal Reserve will refrain from raising interest rates at its upcoming meeting. Futures for the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 experienced increases of 0.2%, 0.2%, and Read More
Nasdaq futures indicated an upward trajectory on Wednesday in anticipation of a report on U.S. consumer inflation, with technology companies spearheading the advances after robust performances from CoreWeave and Super Micro Computer. Futures for the Nasdaq 100, S&P 500, and Dow Jones Industrial Average experienced increases of 0.7%, 0.3%, and 0.2%, respectively, in recent trading. Read More
