Latest news with #Nasdaq-100
Economic Times
a day ago
- Business
- Economic Times
US stock market futures rise as S&P 500 nears record high on Fed rate cut hopes and China trade progress; Dow, Nasdaq rise too as Nike, Nvidia, Palantir surge
US Stock futures rise as hopes for a U.S.-China trade deal lift investor sentiment, pushing the S&P 500 close to its all-time high. President Donald Trump confirmed a new trade framework with China, while Commerce Secretary Howard Lutnick revealed similar deals with 10 key partners are underway. Markets reacted positively, with S&P 500 futures up 0.3% and Nasdaq-100 gaining 0.4%. Rare earth exports and tech restrictions from China are easing, while investors eye U.S. inflation data today. This combination of trade optimism, easing tensions, and strong rebound sets the tone for a potentially record-breaking day on Wall Street. Tired of too many ads? Remove Ads Which stocks are moving the most today? Gainers Nike (NKE) jumped nearly 10% after its quarterly earnings beat expectations. The athletic giant also offered a more upbeat outlook than analysts had projected, even as it warned of a modest revenue decline. jumped nearly after its quarterly earnings beat expectations. The athletic giant also offered a more upbeat outlook than analysts had projected, even as it warned of a modest revenue decline. Core Scientific (CORZ) rose 5.5% amid merger rumors involving AI-focused firm CoreWeave. rose amid merger rumors involving AI-focused firm CoreWeave. Oklo (OKLO) surged 5.4% , continuing its upward streak alongside strong speculative interest in nuclear energy plays. surged , continuing its upward streak alongside strong speculative interest in nuclear energy plays. AeroVironment (AVAV) , Trade Desk (TTD) , and NuScale Power (SMR) also saw gains of 4% or more . , , and also saw gains of . Palantir (PLTR) added 0.7% , boosted by renewed investor interest in artificial intelligence. added , boosted by renewed investor interest in artificial intelligence. Nvidia (NVDA) climbed around 0.5%, keeping its lead as one of the year's top-performing tech giants. Losers Concentrix (CNXC) slumped 7.2% after delivering mixed Q2 results and offering a cautious forward outlook. slumped after delivering mixed Q2 results and offering a cautious forward outlook. Bruker (BRKR) dropped 4.4% , while Darling Ingredients (DAR) fell 2.6% , likely on broader weakness in the industrials and commodities sectors. dropped , while fell , likely on broader weakness in the industrials and commodities sectors. Gold miners like Newmont and Barrick slipped 2%–2.3% as gold prices softened amid rising yields. Is a new U.S.-China trade deal finally coming together? Tired of too many ads? Remove Ads How close is the S&P 500 to a record-breaking rebound? 'There is so much money that wants to come into the market that didn't for a while. And I just think if you don't have any negative news, the natural gravitational pull is across all these assets.' Could U.S. inflation data stall the market rally? Tired of too many ads? Remove Ads Headline PCE: +0.1% month-over-month, +2.3% year-over-year Core PCE (excluding food and energy): +0.1% from April, +2.6% from a year ago US stock market futures today: S&P 500 and Nasdaq rise ahead of inflation data and trade optimism US stock futures: Index Change Current Level S&P 500 E-mini +13.5 points (+0.22%) ~6,209.5 Nasdaq-100 E-mini +63–92 points (≈0.3%–0.4%) ~22,735–22,760 What does this mean for rare earths and tech restrictions? What economic reports are traders watching? Final June consumer sentiment report from the University of Michigan from the University of Michigan Scheduled speeches from key Federal Reserve officials Continued speculation around the next Fed chair pick What's next for Wall Street as global trade shifts? S&P 500 futures rose 0.3%, with the index just 0.1% below its all-time high. U.S.-China trade framework finalized, says Commerce Secretary Howard Lutnick. President Trump confirms a new understanding with China tied to the Geneva agreement. Rare earth exports and tech trade restrictions to ease. Inflation data at 8:30 a.m. ET could steer Fed expectations and market direction. FAQs: Stock futures rose early Friday, pushing the S&P 500 closer to a new all-time high, as investors grew more optimistic about a potential U.S.-China trade deal and awaited new U.S. inflation data that could impact the Federal Reserve's next move. With President Donald Trump confirming a recent agreement with China and top officials signaling progress on multiple trade fronts, Wall Street reacted tied to the S&P 500 climbed 0.3%, the Dow Jones Industrial Average gained by the same margin, while Nasdaq-100 futures advanced 0.4%. The S&P 500, now up 23.3% from its April low, is just 0.1% below its all-time intraday high of 6, are Friday's top stock movers as of premarket trading:Trade optimism surged after Commerce Secretary Howard Lutnick told Bloomberg that a framework between the U.S. and China had been finalized. Lutnick added that the Trump administration expects to close trade deals with 10 major partners in the near Trump added to the momentum by saying Thursday, 'we just signed with China yesterday.' While that statement caused brief confusion, a White House official later clarified it referred to 'an additional understanding of a framework to implement the Geneva agreement.'Meanwhile, China's Ministry of Commerce confirmed that both nations had agreed on a framework allowing rare earth exports to the U.S., and would also ease certain technology S&P 500 has staged a remarkable comeback since hitting its lowest closing point on April 8. Back then, markets were rattled by fears that Trump's tariffs on Chinese goods could hurt earnings and possibly drag the economy into a since that low, the index has risen 23.3%, fueled by improved earnings expectations, stronger economic data, and increased global trade optimism. As of Friday morning, it sits only 0.1% away from its all-time intraday peak of 6, Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, told CNBC's Closing Bell:Before the S&P 500 can hit new records, investors are watching for fresh inflation data. The Personal Consumption Expenditures (PCE) price index—a key inflation measure watched closely by the Federal Reserve—is due at 8:30 a.m. surprises here could sway sentiment sharply, especially with markets already pricing in potential Fed rate cuts later this stock market futures climbed early Friday, boosted by growing confidence in a U.S.-China trade breakthrough and ahead of the release of key inflation data. The S&P 500 E-mini futures rose by 13.5 points, or 0.22%, reaching around 6,209.5, while Nasdaq-100 futures gained between 63 to 92 points, trading near 22,735 to 22, uptick comes as investors anticipate the May PCE inflation report at 8:30 a.m. ET, which could shape the Federal Reserve's next move. Market sentiment is also supported by President Donald Trump's confirmation of a new trade framework with China, including the resumption of rare earth exports and relaxed tech restrictions.A lower inflation reading could strengthen expectations for a potential Fed rate cut in July. As of now, traders see a 20.7% chance of a rate reduction, according to futures standout detail in the China-U.S. agreement is Beijing's move to resume rare earth exports to the U.S. These minerals are crucial for electronics, EVs, and military hardware. Restrictions on them were a major concern for tech companies and defense China's promise to ease tech trade restrictions could benefit American chipmakers and hardware suppliers, many of whom rely on Chinese parts or markets for a large share of their development may lift sectors that had lagged during earlier trade tensions, potentially boosting both technology and industrial May PCE inflation report, due this morning, is the key focus for Wall Street. Analysts expect core PCE to rise around 2.6% year-over-year, slightly up from 2.5% in April. This figure will heavily influence future Fed policy decisions. Any indication of softening inflation would further boost rate-cut bets and risk-on on deck:The market is now watching for actual deals to be signed, especially with the Trump administration reportedly working on agreements with 10 major trading partners. If finalized, these could open new export markets and lift overall business are also closely tracking the Fed's response to inflation data, which could dictate the pace of future rate cuts or changes in monetary now, however, Wall Street appears focused on trade optimism, a resilient economy, and the potential for record highs in major futures rose on optimism about a U.S.-China trade deal and easing tech restrictions The S&P 500 is just 0.1% below its all-time high as markets rebound.
Yahoo
2 days ago
- Business
- Yahoo
VOO Hits Record High, Joins QQQ in Full Recovery
The S&P 500 surged to all-time highs on Thursday, completing a full rebound from the correction it experienced in March and early April. Midday, the benchmark index traded as high as 6,146.52—slightly above its previous record close of 6,144.15 set on February 19. It also inched closer to its intraday record of 6,147.43 established that same index closed the session at 6,141.02, just a few points short of the all-time highs. With this move, the S&P 500 joins the Nasdaq-100, which hit a new record high of its own earlier this week. The tech-heavy Nasdaq index is tracked by the widely held Invesco QQQ Trust (QQQ), while the S&P 500 is mirrored by some of the largest ETFs in the world, including the Vanguard S&P 500 ETF (VOO), the SPDR S&P 500 ETF Trust (SPY) and the iShares Core S&P 500 ETF (IVV). Both indexes have now fully shaken off the steep declines sparked by trade war tensions and tariff fears earlier this year. At its lowest point, the S&P 500 had dropped 18.9% on a closing basis and more than 20% intraday—flirting with bear market territory, though it never officially entered one. The index was down as much as 15% year to date as of April 8. Today, it's up more than 5% for the year. As with the Nasdaq-100, the recent gains have been led by a handful of mega-cap tech names. Microsoft Corp. (MSFT), Nvidia Corp. (NVDA) and Broadcom Inc. (AVGO) have all hit record highs in recent days, helping drive the rebound. However, the rally hasn't been evenly distributed. The Invesco S&P 500 Equal Weight ETF (RSP), which assigns the same weight to each of the index's constituents, is still 4% below its peak and up only 3.6% year to date. Unlike the traditional S&P 500, RSP is far less influenced by the performance of the largest stocks. Meanwhile, not all tech giants are sharing in the gains. Apple Inc. (AAPL), currently the third-largest U.S. company by market cap, remains 23% below its highs amid concerns over its exposure to China and growing investor anxiety that it's falling behind in the AI race. Tesla Inc. (TSLA) is down even more—32% off its December highs—as the company grapples with a rocky rollout of its robotaxi initiative in Austin this | © Copyright 2025 All rights reserved
Economic Times
2 days ago
- Business
- Economic Times
US stock futures rise: Dow, S&P 500, and Nasdaq edge higher as Nvidia, BlackBerry, and QuantumScape rally
US Stock futures ticked higher early Thursday, with the S&P 500 now just shy of its all-time high, gaining 0.3% in pre-market trading. The Nasdaq 100 futures rose 0.4%, while Dow Jones futures added 126 points. This rally follows a 22% rebound since April's low, driven by easing tariff fears and calming geopolitical tensions. President Donald Trump's ceasefire deal between Israel and Iran and focus on economic policies like the 'One Big Beautiful Bill Act' are in the spotlight. Investors now await jobless claims data and major earnings from Walgreens and Nike. Can the rally hold? Here's everything to watch. US Stock futures rose early Thursday as the S&P 500 nears its record high. With easing trade tensions, Trump's economic policies, and key earnings from Walgreens and Nike ahead, markets look hopeful. Get the full picture of today's market action. Tired of too many ads? Remove Ads Dow Jones futures are up 109 points , signaling a positive open. are up , signaling a positive open. S&P 500 futures are higher by 20.5 points , pointing to more record-chasing. are higher by , pointing to more record-chasing. Nasdaq-100 futures gained 109 points, fueled by fresh momentum in tech stocks. U.S. Stock Market Futures Overview Pre-market futures are up around 0.31–0.37% , trading near all‑time highs—about 22% higher since April lows , trading near all‑time highs—about E-mini S&P 500 futures are currently around 6,169.75, a rise of ~0.01% in the past 24 hours Tired of too many ads? Remove Ads E-mini Nasdaq‑100 futures have gained approximately 0.44%, now trading in the 22,560–22,570 range Dow futures are up by about 0.21–0.29% in pre-market activity Which major earnings are on the radar today? Walgreens is set to report before the bell, giving a glimpse into the health of the retail pharmacy sector. Nike will announce its results after market close, with investors eager to see how the brand is handling changing consumer spending trends. Which stocks are moving the most today? Top gainers: Nvidia (NVDA) jumped 4.3% , hitting yet another all-time high after analysts boosted their price targets amid soaring AI demand. jumped , hitting yet another all-time high after analysts boosted their price targets amid soaring AI demand. QuantumScape (QS) soared 31% following positive developments in its battery technology, reviving EV excitement. soared following positive developments in its battery technology, reviving EV excitement. BlackBerry (BB) rallied 13% after beating earnings estimates and raising its guidance. rallied after beating earnings estimates and raising its guidance. AeroVironment (AVAV) surged 22% , driven by strong revenue and defense-sector optimism. surged , driven by strong revenue and defense-sector optimism. Yum! Brands (YUM) got a nice bump after receiving a key analyst upgrade. Stocks under pressure: Paychex (PAYX) tumbled nearly 10% after missing revenue forecasts and issuing cautious commentary. tumbled nearly after missing revenue forecasts and issuing cautious commentary. FedEx (FDX) dropped around 4% — despite beating earnings, the company's weak outlook spooked investors. dropped around — despite beating earnings, the company's weak outlook spooked investors. General Mills (GIS) fell over 5% as consumer demand appeared soft despite an earnings beat. fell over as consumer demand appeared soft despite an earnings beat. Tesla (TSLA) slid nearly 4%, pressured by declining EV sales in Europe and ongoing price cut concerns. What are the key ETFs doing right now? SPDR S&P 500 ETF (SPY) is trading around $607.12 , up slightly in pre-market action. is trading around , up slightly in pre-market action. Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100, is sitting near $541.16, reflecting strong demand for tech. Why is the S&P 500 rallying again and how close is it to the record? Are tensions in the Middle East easing and what's Trump's stance? Tired of too many ads? Remove Ads What do Wall Street experts say about the stock market momentum? What economic data are investors waiting for today? Can stock futures lead to a new S&P 500 record? FAQs: US Stock futures nudged upward early Thursday as Wall Street eyes another potential record for the S&P 500, which is now less than 1% below its all-time high. After a quiet session on Wednesday, where the index closed nearly flat, investors are watching closely as market momentum builds. As of the early morning hours, S&P 500 futures rose 0.3%, Nasdaq 100 futures climbed 0.4%, and Dow Jones Industrial Average futures added 126 points or 0.2%.Markets have gained steadily in recent months, with the S&P 500 up more than 22% since its April low, which was triggered by tariff fears at the time. While those trade worries have cooled, some experts remain cautious about how long the current rally can uptick comes as markets digest cooling inflation data and encouraging signs from Federal Reserve Chair Jerome Powell, who hinted at flexibility in upcoming policy season continues, and two big names are in the spotlight today:Strong earnings could help sustain the current rally, especially as the market tests new S&P 500 has been riding a steady upward wave, now within less than 1% of its record set in February. The rally has been fueled by easing geopolitical fears, improved investor sentiment, and better-than-expected corporate earnings. The benchmark index has recovered more than 22% from its April closing low when fears over U.S. tariffs spooked return of market optimism comes as the One Big Beautiful Bill Act, championed by President Donald Trump, continues to stir debate over fiscal policy and its long-term economic key reason behind the recent calm in the markets is the perceived de-escalation in the Middle East. President Trump confirmed on Tuesday that a ceasefire between Israel and Iran is now in place, even though he expressed frustration, saying he's 'not happy' with how both sides have handled the situation. Despite these concerns, the ceasefire seems to be holding for diplomatic efforts continue. A U.S.-Iran meeting is scheduled for next week, which could further stabilize global markets if progress is everyone is convinced that this bullish trend will last. Komal Sri-Kumar, president of Sri-Kumar Global Strategies, told CNBC's Power Lunch on Wednesday, 'The various macro factors that I'm looking at seem to suggest that there's no way this situation can continue.'ongoing global tensions, Trump's tariffs, and the potential fiscal consequences of new legislation. There's growing concern that fiscal deficits might widen under the current administration's economic plans, adding pressure on the long-term are closely watching weekly jobless claims data, set to be released at 8:30 a.m. ET Thursday. This report offers a key look at how the labor market is performing — a crucial factor in shaping Fed policy and investor expectations. A stronger-than-expected number could boost confidence, while a weak showing might add pressure on stock futures ticking higher, all eyes are on whether the S&P 500 can break through its February peak. While recent gains are encouraging, concerns about global politics, U.S. fiscal health, and corporate performance still should remain alert as key earnings and data releases continue to shape the market's next move. Whether this rally can hold or falter will depend on how the economy and policy decisions play out in the coming weeks — and how much risk appetite investors still have futures are up due to easing global tensions and upcoming economic S&P 500 is now within 1% of its all-time peak.
Yahoo
3 days ago
- Business
- Yahoo
Best-Performing Dividend ETFs of 1H
The first half of 2025 has witnessed massive market turbulence, largely driven by the new Trump administration's aggressive trade policies. After hitting a record high on Feb. 19, the S&P 500 tumbled sharply, nearing bear market territory by April 8. However, markets rebounded strongly in recent weeks. SPDR S&P 500 ETF Trust SPY has gained about 1.7% in the first half, SPDR Dow Jones Industrial Average ETF Trust DIA has lost about 0.5%, the Nasdaq-100 ETF Invesco QQQ Trust, Series 1 QQQ has added about 3.3% and iShares Russell 2000 ETF IWM has retreated about 5.3% (as of June 20, 2025). The U.S. long-term bond market faced pressure in the early phase of 1H, along with equities. Fears of China's treasury selling, inflation risks amid trade war, chances of a less-dovish Fed, and basis trade unwind hit the bond market in early April (read: ETFs to Play Amid Long-Term Yields' Best Week Since 1982). Moody's has also downgraded the U.S. sovereign credit rating by one notch, citing concerns over the country's ballooning $36-trillion debt burden. This move, following similar actions by Fitch in 2023 and S&P in 2011, raised alarm among investors about the nation's long-term fiscal sustainability (read: ETF Strategies to Follow on Moody's Downgrade of U.S. Debt). The market bottomed on April 8, but optimism over trade negotiations, strong corporate earnings, easing inflation and AI momentum triggered a sharp rebound. Technology stocks, especially the "Magnificent Seven," led the rally, making it the fastest S&P 500 recovery since 1982 (read: S&P 500 Turns Green in 2025: ETFs to Buy on Upbeat Prospects). Economic data reflects a stable growth outlook. Consumer sentiment rose in June for the first time in six months, indicating easing concerns over inflation and tariffs. The job market remained strong, with 139,000 new jobs added in May and unemployment steady at 4.2%. Inflation trends continue to improve. May's Consumer Price Index rose just 0.1% year over year, bringing the annual rate to 2.4%. Core inflation remained flat at 2.8%, with monthly core prices rising only 0.1%, undercutting expectations. Despite recent optimism, investor sentiment remains fragile. The Israel-Iran conflict reignited geopolitical fears, and uncertainty around Trump's trade direction and interest rate policy continues to rattle markets. In late June, the United States also attacked Iran's nuclear infrastructure, triggering fears of large-scale unrest in the Middle East. Defensive assets like gold and silver have seen renewed interest amid this backdrop. SPDR Gold Trust GLD has surged 26.4% so far this year (as of June 20, 2025), while iShares Silver Trust SLV has advanced 21.5%. However, President Trump announced a ceasefire between Israel and Iran on June 23. The fragile ceasefire between Israel and Iran has appeared to hold, at the time of writing. In such a volatile market, dividend ETFs normally come to the rescue. The hunt for dividends in the equity market is always on, irrespective of how it is behaving. If investors are mired in a web of equity market uncertainty, global growth worries and geopolitical crisis, the lure for dividend investing increases further. Note that SPDR S&P Dividend ETF SDY (up 2%) topped SPY so far this year (as of June 20, 2025). Investors should note that not all dividend stocks serve the same purpose. While the high-yield ones are known for offering hefty current income, stocks with dividend growth point to quality investing, a prerequisite to making money in this volatile environment. Against this backdrop, below we highlight a few of the dividend ETFs that have topped the S&P 500 so far this year (as of June 20, 2025). International dividend ETFs showed strength this time around. First Trust STOXX European Select Dividend Index Fund FDD – Up 37.2% Global X MSCI SuperDividend EAFE ETF EFAS – Up 30.9% iShares International Select Dividend ETF IDV – Up 26.5% WisdomTree International High Dividend Fund DTH – Up 23.3% WisdomTree Europe SmallCap Dividend Fund DFE – Up 22.8% Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco QQQ (QQQ): ETF Research Reports SPDR Gold Shares (GLD): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports iShares Russell 2000 ETF (IWM): ETF Research Reports iShares Silver Trust (SLV): ETF Research Reports SPDR S&P Dividend ETF (SDY): ETF Research Reports WisdomTree International High Dividend ETF (DTH): ETF Research Reports iShares International Select Dividend ETF (IDV): ETF Research Reports WisdomTree Europe SmallCap Dividend ETF (DFE): ETF Research Reports First Trust STOXX European Select Dividend ETF (FDD): ETF Research Reports Global X Msci SuperDividend Eafe ETF (EFAS): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
CNBC
3 days ago
- Business
- CNBC
BMO hikes S&P 500 target to 6,700 with benchmark on the cusp of a record high
The S & P 500 is close to its all-time high, and BMO thinks there are more gains to be made above that February level. Strategist Brian Belski hiked his S & P 500 year-end target to 6,700 — his original 2025 forecast — from 6,100. The new forecast signals upside of 10% from Tuesday's close. Belski highlighted two reasons for the target increase: "Markets are transitioning TO 'show me' FROM 'scare me'. We believe performance is broadening, reactions from daily rhetoric are calming, and actual corporate guidance will increase coming out of the 2Q earnings reporting period." "Facts over feelings WIN AGAIN. … The death of 'American Exceptionalism' was widely exaggerated and too vehemently applauded to hold any merit or duration … That is why the relative performance of other markets that so many investors have been chasing and applauding for emotional reasons [is] already beginning to wane." .SPX YTD mountain S & P 500 year to date The change came as stocks rallied Tuesday following a ceasefire between Iran and Israel, easing tensions in the Middle East. Week to date, the S & P 500 is up 2% and sits less than 1% below its record high set in February. Belski's target is now the highest among those included in the CNBC Market Strategist Survey . Technology is BMO's favorite sector going forward, with the firm recommending a 33% allocation to the space. Indeed, tech has been a leader in the market's rebound from the tariff scare. Since April 2, the day President Trump announced higher tariffs, the sector is up 18%. Already, the tech-heavy Nasdaq-100 index made a fresh all-time high on Tuesday. Others on the Street echo Belski's market enthusiasm. "In my view, we hit new highs sooner rather than later," Mark Gibbens, founder and CIO of Gibbens Capital Management, told me during a phone call. "All things considered, assuming the economy still grows at a 2% clip, the consumer remains healthy, … there's a lot to look forward to in the back half of the year." On Tuesday, JPMorgan's trading desk told clients that it's "time to get bulled up again."
