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US Stocks Set For Strong Start, Micron Jumps, China Commits More Stimulus: Strategist Flags 'Tremendous' Gains Near Term
Thursday, September 26, 2024 - 6:59am | 1561Read More...Micron, Inc.’s (NASDAQ:MU) earnings could revitalize the sagging market momentum, with the index futures trading notably higher early Thursday. The risk-on mood was evident across the global markets as China’s commitment to stimulate the domestic economy encouraged traders. The markets...
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Wall Street Eyes Strong Finish To The Week Despite Futures Suggesting Moderation In Tech Buying: Strategist Cautions Against Factoring Rapid, Steep Cuts Ahead Of Next Week's Fed Meeting
Friday, September 13, 2024 - 6:35am | 1435Read More...Now that the twin inflation reports are in the rearview mirror, U.S. stocks are hanging onto the slender optimism as traders look ahead to the Federal Reserve’s rate-setting meeting. The numbers did little to belie expectations of a cut at next week’s meeting, although they did pour...
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Peter Schiff Warns Dollar On 'Verge Of A Total Collapse' As Greenback Succumbs To Rising Rate Cut Bets: 'You're Gonna See Some Serious S**t'
Thursday, August 22, 2024 - 8:12am | 707Read More...Rising rate cut bets have proved negative for the U.S. dollar, with an index measuring the performance of the greenback against a basket of major global currencies having weakened in recent sessions. Economist and gold bull Peter Schiff on Thursday weighed in on the development. What Happened: The...
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US Stocks Poised For Tepid Start Ahead Of Private Sector Activity Data And Jackson Hole Symposium: Analyst Says Market Is Focused On Nvidia Earnings And 'Waiting Is The Hardest Part'
Thursday, August 22, 2024 - 6:41am | 1664Read More...Index futures trading point to a slightly positive start on Thursday, with some key Main Street data likely directing the market. Sentiment could remain guarded as traders look ahead to the 3-day Jackson Hole Symposium that kickstarts on Thursday, with Federal Reserve Chairman Jerome Powell...
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Wall Street Jittery Ahead Of Key Inflation Data After Delta Air Lines, Pepsi Disappoint: Strategist Recommends Sector Picks Amid Evolving Election Dynamics
Thursday, July 11, 2024 - 7:03am | 1440Read More...The futures market on Thursday reflected jitteriness as traders awaited the all-important consumer price inflation data. The broader market is amid a multi-session winning run and has been breaking records session after session, sending the valuation of especially some mega-cap stocks to...
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Wall Street On 'Wait-And-Watch' Mode Ahead Of Jobs Data, Bitcoin Plummets, Tesla Extends Climb: Analyst Flags 2 Factors That Pose Risk To Rally
Friday, July 5, 2024 - 7:28am | 1154Read More...U.S. index futures are trading in a listless manner, as traders look ahead to the all-important monthly non-farm payrolls data. ADP’s private payrolls survey showed that job gains slowed more than expected. In the eventuality of the number coming in line or softer than expected, the market...
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Wall Street Looks Set For Modestly Lower Start Ahead Of Key Data, Tech Stocks Muted In Premarket: Analyst Says 'Bearish Sentiment Has Become Understandably Quiet'
Friday, June 21, 2024 - 7:25am | 1235Read More...Wall Street is on track for a lackluster open after the S&P 500’s back-to-back record performances in the first two sessions of the week. The major index futures were all uniformly lower in early trading. Given the wall of worry over growth, traders are expected to closely watch data on...
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US Stock Futures Tread Water As Indices Perch At Record Highs: Amid Nvidia Spike And ECB Rate-Cut Hopes, Analyst Sees More Volatility In Summer
Thursday, June 6, 2024 - 7:24am | 1360Read More...Early indications from the futures market suggest caution after Wednesday’s exhilarating run. Earnings news continues to be positive, reinforcing the strength in corporate profit growth. The rate-cut premise based on which the market has been rallying could be put to the test with a couple of...
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Wall Street Looks To Snap 4-Day Losing Streak As Traders Eye Fed Speeches, Netflix Earnings: Analyst Pencils S&P 500's Next 'Major' Downside Support
Thursday, April 18, 2024 - 6:55am | 1691Read More...Cautious optimism hangs in the air on Thursday morning as index futures traded up moderately in early hours. The earnings season also heats up with more financial companies and streaming giant Netflix, Inc. (NASDAQ:NFLX) scheduled to release quarterly results. Economic data on the...
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US Stocks At Risk Due To Rising De-Dollarization Trend, Warns Morgan Stanley Wealth CIO
Wednesday, March 20, 2024 - 6:11am | 817Read More...The stability and dominance of the US dollar, a cornerstone of the global economy, may be facing significant challenges, according to Morgan Stanley Wealth Management’s Chief Investment Officer Lisa Shalett. These emerging threats could have profound implications for the U.S. stock market....
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Nasdaq Futures Surge As TSMC Sets Positive Tone To Tech Earnings Season: Analyst Cautions New Bull Market Needs 'Heavier Lifting'
Thursday, January 18, 2024 - 8:31am | 1322Read More...U.S. stocks may open Thursday’s session mostly higher, attempting to break out of the current lackluster phase. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) provided a much-needed boost for tech stocks with its optimistic first-quarter forecast, just in time for the tech...
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S&P 500 Nears Record Territory Even As Momentum Slows: Why This Analyst Says Investors May Need To 'Proceed With Caution'
Thursday, December 28, 2023 - 8:28am | 969Read More...U.S. stocks appeared poised for a mixed start in the penultimate session of the year, as major averages sought to reach new highs. Opinions are divided on the sustainability of the rally. Analysts adopting a cautious stance point to the potential for a growth slowdown and a profit recession....
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S&P 500, Nasdaq Futures Rise On Euphoria Over Fed's Dovish Pivot: Small Caps Set For Another Cheery Session
Thursday, December 14, 2023 - 8:21am | 1322Read More...The Federal Reserve-induced rally appears set to continue, with the stock futures firmly in the green early Thursday. The small-cap party may have started following the group’s relative underperformance for much of the year. Traders may look ahead to the economic report on jobless claims and...
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Green Wave Boosts Stocks, Bonds As Traders Embrace Fed's Stance, Await Apple Earnings: What's Driving Markets Thursday?
Thursday, November 2, 2023 - 1:58pm | 1428Read More...Risk appetite is surging again Thursday on Wall Street, with investors welcoming the Federal Reserve’s decision to keep rates unchanged and Fed Chair Jerome Powell‘s cautious remarks. Traders flocked to rate-sensitive tech stocks and bonds as expectations grew that the Federal Reserve...
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Stocks Mixed While Dollar, Treasury Yields Surge After CPI Data: What's Driving Markets Thursday?
Thursday, October 12, 2023 - 1:18pm | 1289Read More...Wall Street had a mixed morning session as investors carefully assessed the implications of another strong inflation report, pondering how it might influence future decisions by the Federal Reserve regarding interest rates. In September, the Consumer Price Index (CPI) surged by 3.7% year-on-year,...
















