Showing posts with the label Futures

U.S. Futures Indication: Futures Rebound as Yields Pull Back Stock futures rebound after Thursday's sell-off as yields pull back Jesse Pound 3 minutes U.S. stock futures pointed to a slight rebound on Friday as yields reversed some of the gains which caused a sell-off for tech stocks in the prior session. Futures contracts for the Dow Jones Industrial Average implied an opening gain of about 41 points. Futures for the S&P 500 rose 0.2%. Futures for the tech-heavy Nasdaq 100 bounced 0.5%. The moves come after the stock market struggled on Thursday, with tech stocks being particularly hard hit . The Nasdaq Composite fell 3%, with Apple and Amazon seeing slightly larger losses. The Dow and S&P 500 slipped 0.5% and 1.5%, respectively. The 10-year Treasury yield fell 3 basis points to 1.69%, retreating from a 14-month high a day earlier (1 basis point equals 0.01%). Shares of Zoom Video and Peloton, speculative tech shares that have been hit by

US Market | Futures Indicator: Dow futures drop 300 points to start the week, airline stocks fall on Buffett sale

Yun Li,Fred Imbert 4-5 minutes - Source: CNBC Stock futures fell early Monday morning as traders weighed the reopening of the economy along with brewing tensions between China and the U.S. Dow Jones Industrial Average futures  fell 300 points, or 1.2%, pointing to an opening decline of more than 290 points.  S&P 500  futures lost 1%. Nasdaq-100 futures fell 0.8%. Warren Buffett   said his Berkshire Hathaway  sold all of its airline holdings because of the coronavirus outbreak. While the legendary investor was optimistic over the long term about the outlook for America, the move shows his concern that the pandemic has changed certain industries permanently and could be a sign that other investors are too optimistic about the economy returning to normal quickly. Airline shares were the biggest losers in the S&P 500 in the premarket. Delta, United Airlines, American Airlines and Southwest Airlines all lost more than 10%, wh

US Market | Futures Indicator: Stock futures point to little changed open as investors digest signs coronavirus pandemic is easing

Maggie Fitzgerald 4-5 minutes - Source: CNBC Stock futures were lower in early morning trading Wednesday following a big rally in the previous session fueled by optimism that the coronavirus outbreak is improving in the U.S. Dow futures fell, indicating a loss of about 80 points at the open on Wednesday. The S&P 500 and Nasdaq were also slated to open in the red.  Signs that the coronavirus pandemic is easing drove stocks higher on Tuesday, even as the first batch of quarterly earnings showed the outbreak is taking a toll on corporate profits. The Dow climbed about 560 points, helped by Johnson & Johnson, Microsoft and Apple which rose 4.5%, 4.9% and 5%, respectively. The S&P 500 also registered a significant gain, rising more than 3%. The tech heavy Nasdaq Composite rose 4%, led by Amazon, which notched an all-time high as investors bet on increased demand amid the nationwide shutdown. The Nasdaq is less than

US Market | Premarket | Futures Indicator: US futures point to lower open

Sam Meredith 2 minutes - Source: CNBC U.S. stock index futures  were lower Monday morning. At around 02:20 a.m. ET,  Dow  futures fell 100 points, indicating a negative open of more than 88 points. Futures on the  S&P  and  Nasdaq  were both slightly lower. The moves in pre-market trade come after a media report suggested Chinese officials were increasingly reluctant to agree to a broad trade deal pursued by President Donald Trump . Trade talks between the U.S. and China are set to resume in Washington, D.C., on Thursday. Vice Premier Liu He, who will lead negotiations for China, told dignitaries that his offer to the U.S. will not include commitments on reforming Chinese industrial policy or government subsidies, Bloomberg reported Sunday, citing sources familiar with the matter. The world’s two largest economies have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financ

Futures | Corn & Soybean Futures: Corn futures fall 6% after bearish USDA crop report; soybeans down 1.3%.

William L. Watts 2-3 minutes - Source: MarketWatch Corn and soybean futures both fell sharply Monday after the U.S. Department of Agriculture's August production estimates projected larger-than-expected crops following an extremely wet spring that severely delayed corn planting, followed by dry conditions across much of the Midwest. Corn for December delivery CZ19, -5.98% on the Chicago Board of trade fell 25 cents to $3.9275 a bushel, a decline of 6%. November soybeans

Futures point to a slightly higher open amid corporate earnings, data I CNBC Futures point to a slightly higher open amid corporate earnings, data Sam Meredith