Latest news with #EquityFutures
Bloomberg
6 days ago
- Business
- Bloomberg
Asia Eyes Cautious Open on Tariff Deals, Oil Falls: Markets Wrap
Asian equities were set for a cautious start as investors awaited further details on US import duties ahead of a July 9 deadline. Oil fell after OPEC lifted output. The dollar was steady against major peers in early trading while US equity futures slipped. Contracts for Asian equities indicated Australian, Japanese and Hong Kong markets may open steady when trading resumes Monday.
Yahoo
27-06-2025
- Business
- Yahoo
Breaking: S&P 500 and Nasdaq Futures Hit New Highs Ahead of PCE
June 27 - Equity futures climbed as Wall Street awaited Friday's core Personal Consumption Expenditures report. S&P 500 futures inched up about 0.4%, matching gains for Nasdaq 100 futures and Dow futures. U.S. 10-year Treasury yields ticked higher by three basis points to 4.27%, while two-year yields rose two basis points to 3.75%. Earlier, SPX futures briefly reached 6,202.00 points, eclipsing the prior intraday record of 6,147.43 set on Feb. 19. Markets seem to have found a rare pause amid Middle East calm, said Jim Reid of Deutsche Bank, noting that traders appear unfazed by the looming July 9 tariff deadline. Analysts expect May's core PCE index to show a 0.1% month-on-month rise, lifting the year-on-year rate to around 2.6%, up from 2.5% in April. Headline PCE is forecast at a 2.3% annual gain. Paul Donovan at UBS observed that May income and spending data may soften after consumers front-loaded purchases ahead of trade taxes, with tariff impacts likely to appear in coming months. With the PCE reading and June consumer sentiment, seen steady at about 60.5, due before the opening bell, markets may hold their breath for fresh cues. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
10-06-2025
- Business
- Bloomberg
Chinese Stocks Lead Sudden Dip in Risk Assets Before Trade Talks
Chinese stocks erased earlier gains before the second day of trade talks with the US, as investors awaited progress on some thorny issues between the world's largest economies. A gauge of Chinese stocks in Hong Kong fell as much as 0.9%, after earlier rising 0.5%. The CSI 300 Index, a benchmark for onshore shares, also flipped to a loss. US equity futures retreated from the day's high.
Bloomberg
29-05-2025
- Business
- Bloomberg
Asian Markets Face Soft Start as US Rally Fades: Markets Wrap
Asian markets were set to decline in early trading Friday as curbed market optimism was driven by a slowing US economy and legal uncertainties around President Donald Trump's trade war. US equity futures slipped after the S&P 500 Index pared most of an advance that earlier approached 1%. Contracts for Australia, Japan and Hong Kong pointed to a loss when cash markets reopen Friday. The dollar was mixed in early trading against major currencies.
Yahoo
22-05-2025
- Business
- Yahoo
Closing Bell Movers: Snowflake jumps 7% on earnings
In the opening hour of the evening session, U.S. equity futures are down modestly, extending Wednesday's broader declines. S&P 500 is down 0.1% at 5,855, Nasdaq 100 is off by 0.1% at 21,139, and Dow Industrials are slipping 0.2% below 41,900 level. In commodities, WTI Crude Oil is down 0.4% at $61.31 as rumors of escalation in the Middle East are replaced by worries over global growth, while Gold is up another 0.2% at $3,321 per ounce. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Fiscal debt and deficit worries amid Congressional budget deliberations took center stage in U.S. hours today, punctuated by weak demand in the 20-year U.S. Treasury auction mid-day. The yield on the 10-year rose to three-month highs of 4.6% and that of the 30-year eclipsed the 5% threshold. Stocks were likewise spooked by the Treasury selloff as higher rates contributed to Real Estate being the worst performing sector on the S&P 500, followed by Health Care and Financials. Communication Services sector outperformed however thanks to strength in shares of Alphabet. Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGS – Urban Outfitters (URBN) up 14.3% LiveRamp Holdings (RAMP) up 7.3% Snowflake (SNOW) up 6.9% American Superconductor (AMSC) up 4.2% Domo (DOMO) up 3.5% Zoom Communications (ZM) up 0.3% ALSO HIGHER – Lumen Technologies (LUMN) up 11.0% after selling its Mass Markets fiber business to AT&T for $5.75B Pitney Bowes (PBI) up 9.9% after naming new CEO, announcing strategic actions DOWN AFTER EARNINGS – EnerSys (ENS) down 2.9% ALSO LOWER – Eastman Kodak (KODK) down 4.1% after equity offering Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on URBN: Disclaimer & DisclosureReport an Issue Urban Outfitters reports Q1 EPS $1.16, consensus 83c Urban Outfitters options imply 8.6% move in share price post-earnings Gap price target raised to $29 from $26 at Jefferies Urban Outfitters price target raised to $46 from $42 at Jefferies Urban Outfitters price target raised to $73 from $59 at Barclays
