Wed, April 24, 2024

Stock Markets

Defensive stocks vs cyclical stocks

Stock News: Dow Up 0.11%; Lyft Jumps 16%, Airbnb Falls 4%

Quick Look Dow Jones Industrial Average futures are up by 0.11%, with S&P 500 and Nasdaq 100 futures also in the green. Lyft shares surge over 16% after-hours on strong Q4 earnings, while Airbnb dips more than 4% despite revenue beat. The U.S. stock market faced significant declines in the previous session, with Dow Jones …

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Skepticism Looming Over the US Stocks? Again?

S&P 500 Hits 5000 in Historic Market Milestone

Quick Look During intraday trading, the S&P 500 crossed the historic 5000 mark for the first time. Dow Jones Industrial Average dipped slightly, while S&P 500 and Nasdaq 100 futures saw marginal declines. A disappointing forecast impacted the tech sector’s outlook on Pinterest shares fell 9% after hours. The transition of Hong Kong Exchange’s CEO …

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Skepticism Looming Over the US Stocks? Again?

Stock Market: Mid-Season Earnings Impact & Fed’s Stance

Quick Look Stock market exhibits minimal change, reflecting investor analysis of mid-season earnings. Dow Jones shows a slight increase; S&P 500 and Nasdaq 100 futures remain steady. Earnings reports from Snap and Ford underline their impact on stock movements. Federal Reserve Chair Jerome Powell hints at a cautious approach towards interest rate adjustments. Anticipation builds …

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The majority of Southeast Asian stock markets closed in red

Chinese Stocks Soar as Government Fund Boosts Confidence

Chinese Stocks Rally Significantly as State Investment Fund Bolsters Confidence Chinese stock markets have experienced their most significant rally in years despite ongoing concerns over a persistent market decline that has wiped out trillions in market value over the past three years. The rally has been sparked by Central Huijin Investment’s declaration to increase its …

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US Stocks Rally Following Powell Speech

Powell’s Rate Comments Fuel Market Caution Amid Earnings Wave

Market Caution Amidst Rate Uncertainty: Futures Respond Cautiously to Powell’s Commentary Investor sentiment remained guarded as stock futures showed tepid reactions to Federal Reserve Chair Jerome Powell’s comments, which dampened expectations for immediate interest rate reductions. The upcoming week, filled with corporate earnings reports, is set to inject further uncertainty into the markets. Futures linked …

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Stocks in Asia-Pacific

Stock Market Roars Back: S&P 500 Up 1.2%, Dow Jumps 1%

The US stock market showed remarkable resilience, bouncing back strongly from its deepest sell-off in 2024. The Standard & Poor’s 500 (S&P 500) index, a crucial benchmark for US equities, climbed by an impressive 1.2%. The Dow Jones Industrial Average also saw gains, rising nearly 1%. The Nasdaq Composite, which had experienced a significant drop …

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Stock

Stock Markets React as Fed Hints No March Rate Cut

Key Points: -US stock markets experienced a significant downturn on Wednesday in response to the Federal Reserve’s decision to maintain interest rates at their current level. The Fed maintained the benchmark federal funds rate within the range of 5.25% to 5.50%. Chairman Jerome Powell cast doubt on the likelihood of a rate cut at the …

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NASDAQ

Tech Earnings Impact Nasdaq Futures Ahead of Fed Verdict

Subdued Futures Reflect Tech Giants’ Performance In the aftermath of tech juggernauts Alphabet and Microsoft revealing their quarterly results, Nasdaq 100 futures witnessed a decline of 0.8% during Tuesday night trading. Simultaneously, futures linked to the S&P 500 slid by 0.4%, while the Dow Jones Industrial Average stocks hovered near the flatline. The pullback in …

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Warren Buffett is Hopeful in the Midst of Gloomy US Economy

Stock Futures Slip as Big Tech Earnings Loom

Investors Tread Cautiously Amid Stock Futures’ Corporate Earnings and Federal Reserve Meeting Anticipation In early trading on Tuesday, stock futures saw a decline as investors scrutinized corporate earnings, particularly in the tech sector, in anticipation of the Federal Reserve policy meeting. Notable movements included a 0.1% decrease in S&P 500 futures, slight drops in Nasdaq …

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Skepticism Looming Over the US Stocks? Again?

Tech Earnings, Fed Talks: Global Stock Market Moves

As Wall Street approaches a pivotal week, U.S. stock futures paint a nuanced picture. Dow Jones futures show a marginal decline of 0.15%, while S&P 500 and Nasdaq 100 futures remain relatively stable. This week is poised to be dominated by a flurry of earnings reports, especially from major tech companies, coupled with the Federal …

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European Equities Rally as ECB Hikes Price in

Dow Slips 0.3%, Nasdaq Down 0.8% Amid Inflation Worries

U.S. stock market futures took a cautious step back from recent highs in premarket trading, reflecting apprehensions about inflation and the imminent decisions of the Federal Reserve. The Dow Jones Industrial Average futures slipped 0.3%, S&P 500 futures eased by 0.4%, and Nasdaq futures showed a more pronounced 0.8% dip. These movements come as investors …

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Stock market update

Asia Rallies: Hong Kong Up 1.8%, Shanghai Climbs 3%

The Asian market rally showcased resilience on Thursday, with a wave of positive sentiment sweeping across the region, largely driven by strategic economic measures. Hong Kong led the surge with a significant 1.8% increase, while Shanghai drew attention with a notable 3% jump. Tokyo and Seoul also posted modest gains, reflecting this optimism. Similarly, U.S. …

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Stocks and earnings reports

Stock Market: S&P 500 Soars, Nasdaq Surges & Dow Stumbles

A Comprehensive Analysis of the Day’s Market Trends and Earnings Performance In a day-marked market movement, the S&P 500 solidified its standing by reaching a remarkable record-high close at 4,864.61. As a result, it underscores the ongoing resilience of the stock market. Simultaneously, the Nasdaq Composite displayed strength, witnessing a 0.4% rise. Meanwhile, the Dow …

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