Monday morning witnessed a shift in U.S. stock futures‘ fortunes as they relinquished their early gains. Here’s a concise breakdown of the events: To recap Friday’s performance, the Dow Jones Industrial Average (DJIA) recorded a loss of 107 points, equating to a 0.31% decline, landing at 33,964. The S&P 500...
The U.S. Dollar Extends Its Winning Streak for the 10th Week in a Row, the Longest Since 2014 In a significant development, the U.S. dollar has achieved its first “golden cross” since July 2021, raising the possibility of further upward momentum and potential challenges for the stock market. As we...
U.S. stock index futures showed mainly positive movements on Friday, which was a change from their previous trend following the Federal Reserve’s recent announcement about a higher interest-rate forecast for the next year, made on Wednesday. What’s happening In English, the paragraph can be paraphrased as follows: Last Thursday, the...
U.S. stock futures are on a modest uptick as traders eagerly await the Federal Reserve’s decision and Chairman Powell’s remarks. In the meantime, oil prices have pulled back from their recent 10-month highs, and Treasury yields have eased from multi-year peaks. Current State of Stock Futures: Market Performance from Tuesday:...
The S&P 500 closed at approximately 4,450 points. Brent oil experienced initial gains but eventually fell after briefly reaching $95 per barrel on Monday, raising concerns about inflation. Apple Inc. witnessed a rise in stock value, whereas Tesla Inc. witnessed a decline due to Goldman Sachs Group Inc. reducing their...
On Monday, there was a slight increase in stability in the U.S. stock market. However, investors were still being careful because of the rise in bond yields and their anticipation for the Federal Reserve policy meeting that would conclude on Wednesday. How are stock-index futures trading The S&P 500 futures,...
