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Showing posts with the label DowJonesFutMar23

Stock futures inch higher as Wall Street awaits another inflation report: Live updates

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[ad_1] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 13, 2024.  Brendan McDermid | Reuters U.S. stock futures inched higher on Wednesday night as traders looked ahead to another inflation reading. Dow Jones Industrial Average futures rose 32 points, or less than 0.1%. S&P 500 futures advanced 0.1%, and Nasdaq 100 futures climbed 0.2%. In after-hours action, trading platform Robinhood popped 10% after the company reported a 16% increase in assets under custody in February from the prior month. Troubled electric vehicle startup Fisker tumbled 46% after The Wall Street Journal reported that the company has hired restructuring advisors to prepare for a potential bankruptcy filing. These moves come after the major stock indexes ended Wednesday's session with mixed activity. A sharp decline in the technology sector — particularly as Nvidia dropped 1.1% — pulled the S&P 500 and the Nasdaq Composite lower, with the two b

Stock futures are little changed Tuesday: Live updates

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[ad_1] Traders on the floor of the NYSE, Oct. 21, 2022. Source: NYSE Stock futures were little changed Tuesday after the S&P 500 posted its third positive session in a row and banking sector concerns continued to ease. Futures tied to the Dow Jones Industrial Average rose 35 points, or 0.1%. Meanwhile, S&P 500 futures traded around the flatline, and Nasdaq-100 futures dipped 0.1%. Lyft shares gained 4% in the premarket after the ridesharing company announced a new CEO and that its cofounders would step away from their day-to-day roles. PVH Corp. shares popped 12% on strong quarterly results. The moves follow a mixed session on Monday. Investors fought to extend last week's gains, but tech shares came under pressure. The Dow Jones Industrial Average added 194.55 points, or 0.6%, while the S&P 500 gained 0.16%. The Nasdaq Composite dipped 0.47% as tech stocks moved lower. A slew of positive news reports helped lift sentiment on Wall Street, including First

Stock futures are little changed as traders await Tuesday debt ceiling negotiations: Live updates

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[ad_1] Traders work on the floor of the New York Stock Exchange during morning trading on April 10, 2023 in New York City.  Michael M. Santiago | Getty Images U.S. stock futures were little changed on Monday evening, as all eyes on Wall Street turn to a Tuesday meeting between congressional leaders and President Joe Biden. Futures tied to the S&P 500 slipped 0.04%, while Nasdaq 100 futures inched lower by 0.05%. Dow Jones futures lost 15 points, or 0.04%. Investors are anxiously awaiting progress on a deal to raise the debt ceiling before June 1, which is the earliest date the Treasury Department has said the U.S. could default on its debt obligations. Treasury Secretary Janet Yellen said last week that a lack of a deal could spur an "economic catastrophe." On Monday , Yellen reaffirmed that the U.S. faced the possibility of default as early June 1, the so-called "X date," if a deal isn't reached between the White House and Congress. "Waiting u