On Thursday, Nasdaq futures took a downward turn, indicating the possibility of entering a correction phase. This decline was fueled by disappointing earnings reports from major Big Tech companies and the simultaneous rise in bond yields, which continued to exert pressure on the stock market. Contracts linked to the Nasdaq...
S&P 500 and Nasdaq Achieve Back-to-Back Weekly Gains U.S. stock markets closed the week with mostly positive outcomes, as the Dow Jones Industrial Average and S&P 500 experienced slight increases. These gains were driven by a rise in Treasury yields following the release of a new report on August’s job...
“Nasdaq’s Impressive 34.1% Gain in the 8 Months Leading Up to Labor Day, Its Best Performance Since 2003” As Labor Day approaches, it’s worth noting that the U.S. stock market, as well as the approximately $25 trillion Treasury market, will be closed on Monday, September 4th, in observance of the...
In the early hours of Thursday, U.S. stock index futures demonstrated a positive trend, led by Nasdaq futures, as Nvidia’s exceptional quarterly earnings performance exceeded high expectations. In contrast, Dow futures experienced a slight decline due to a drop in Boeing shares. Here’s a snapshot of the current stock-index futures...
The Nasdaq-100, being the leading performer among key U.S. stock indices this year, has just encountered its toughest two-week period since December, according to data from Dow Jones Market. On Friday, the tech-focused index ended a fortnight slide of 4.6%, dropping 100.77 points or 0.7%, to close at 15,028. This...
In expectation of Federal Reserve Chair Jerome Powell’s testimony to Congress, the American stock markets have experienced a slight drop. During the testimony, Powell is expected to respond to inquiries about the central bank’s efforts to tackle inflation by adjusting interest rates. On Wednesday morning, the United States markets remained...
