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US open: Futures rise ahead of Fed announcement
Stocks on Wall Street look set to open higher as the Evergrande can is kicked down the road and as the Fed announcement is awaited. With expectations of a hint towards tapering, the risk is that the Fed fails to provide sufficient details.
US open: Stocks set to rise but book losses across the week
US stocks rebound after falling across the week. Slowing growth, rising covid cases and uncertainty over when the Fed could make its move to taper have dragged on sentiment. Expectations of an imminent move have eased.
US open: Futures steady, jobless claims at fresh pandemic low
US stocks look set for a very mildly softer open. US jobless claims hit a fresh pandemic low. The upbeat data has't managed to disperse the cloud hanging over the markets this week.
US open: Wall Street heads lower, jobs data in focus
Investors can't shake off concerns over the health of the economic recovery amid rising covid cases. JOLTS job openings data could continue raising more questions than bring answers.
US open: Futures edge lower after long weekend
US stocks are set for a slightly softer start, easing off record highs following the extended weekend break. Upbeat Chinese & EU GDP revision could limit losses.
US open: Futures mixed after huge NFP miss
US futures are set for a mixed start after NFP report missed expectations by a mile. 253K jobs were added in August well below the 750k forecast. The data pushes back on the Fed tapering bond purchases.
US open: Futures charge higher, ADP payrolls miss
US futures advance and the US Dollar falls after weaker than expected ADP payroll data cools bets of the Fed reining in monetary policy.
US open: Wall Street looks to softer open, Zoom plunges
Futures head lower but August is still set to be a strong month with the S&P set to book a 3% rally and the seventh straight winning month. Zoom tumbles on weakening outlook.
US open: Stocks to head lower in worst weekly performance in 2 months
Stocks look set to resume losses putting the Dow & S&P500 on track for the worst performance since mid May. Risk off dominated this week amid fears that the Fed could start tapering support as rising covid cases globally start to hamper the economic recovery.
Index in focus: Was that a fakeout breakout on the DJIA (US30)?
Astoundingly, the Dow Jones Industrial Average (DJIA, US30) has gone nearly ten months without even a pedestrian 5% pullback...
US open: US futures tumble amid COVID & taper fear risk off trade
US stocks are set to fall on a double whammy of fears. Rising covid concerns combined with Fed taper fears is creating a strong risk off environment.
US open: Futures trade lower as retail sales slump
Stocks point to a softer start as retail sales tumble more than expected. The impact of rising covid cases are starting to be reflected in macro data.
Two trades to watch: EUR/GBP, Dow Jones
EUR/GBP rises despite encouraging UK labour market data. Dow Jones eases from all time highs ahead of US retail sales & Powell.
US open: Wall Street points lower as Chinese growth slows, covid concerns rise
Oil prices are tumbling lower at the start of the week amid rising concerns over the strength of the Chinese economic recovery.
US open: Wall Street opens mixed as virus concerns linger
Wall Street opens mixed after Friday's strong jobs report. COVID concerns hover over the market as cases rise in China.
US open: Stocks mixed as NFP beats
US stocks trade mixed after US NFPs beat forecast. 943k jobs were added to the economy in July, up from 850k in June
US open: Futures rise as jobless claims fall
US futures pushed higher with jobs data, earnings and covid cases in focus.
US open: Futures under pressure as ADP report misses, covid cases rise
Just 330K private sector jobs were added in July, less than half the 695k forecast. A slowing labour market recovery supports the Fed's belief that the US economy still has a way to go before support can be tapered. Rising covid cases & earnings are also in focus.
US open Wall Street set to rise as upbeat earnings overshadow rising covid cases
Wall Street is set to open higher as upbeat earnings overshadow rising covid cases.
US open: Wall Street points higher as infrastructure package advances
US futures look set to extend gains as infrastructure stimulus bill advances in the Senate. A dovish Fed and upbeat corporate earnings add to the positive mood ahead of US ISM manufacturing PMI.
DJIA: Bulls still in charge despite Delta-driven 1,000-point plunge and recovery
Traders are still trying to wrap their heads around the popular index’s 1,000-point collapse on Monday and subsequent 1,000-point recovery over the last day and a half...
US open: Futures advance as retail sales unexpectedly rise
US stocks are looking to a firmer end to the week after broadly upbeat earnings and better than expected retail sales.
US open: Stocks decline as China growth slows, oil slumps
US stocks are slipping lower after reaching all time highs in the previous session. Slowing Chinese growth and sliding oil prices weigh, whilst initial jobless claims came in as forecast.