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Showing posts with the label US Futures Indication

US Futures Indication: Stocks Futures Slightly Lower Early Tuesday After S&P 500 Rallied more than 2%.

  cnbc.com Stock futures pull back after S&P 500 notches best day since June Thomas Franck 3 minutes Futures contracts tied to the major U.S. stock indexes traded slightly lower early Tuesday after the S&P 500 rallied more than 2% during regular trading hours Monday for its best day since June. Dow Jones Industrial Average futures implied an opening drop of about 65 points. S&P 500 futures and Nasdaq 100 futures also both traded in negative territory. U.S. equities began March on a strong note on Monday with the S&P 500 up 2.38%, the Dow Jones Industrial Average adding 1.95% and the tech-heavy Nasdaq Composite jumping just over 3% after shedding 4.9% last week. All 11 S&P sectors finished in the green and the S&P 500 posted its best day since June 5. Both the Dow and the Nasdaq clinched their best trading day since November. Economically sensitive, cyclical sectors like energ

US Futures Indication I Before The Bell I CNBC I Stocks' comeback rally set to pause as traders await the Fed rate decision

Fred Imbert, Silvia Amaro 3 minutes U.S. stock index futures were little changed on Wednesday morning as investors waited for the Federal Reserve’s latest decision on monetary policy. Around 7 a.m. ET, Dow Jones Industrial Average futures were up just 6 points, indicating a gain of 29 points. Futures on the S&P 500 and Nasdaq 100 were also flat. The Fed is scheduled to deliver its decision at 2 p.m. ET. The central bank is not expected to make any changes in terms of monetary policy, but investors will look for clues on whether the Fed will cut rates later this year. Fed Chair Jerome Powell will hold a news conference after the announcement. Traders are pricing in easier monetary policy as soon as July. They are also betting on rate cuts coming in September and December, according to the CME Group’s FedWatch tool. “The bottom line with today’s FOMC statement and Powell press conference is whether they confirm the markets expec

Futures Indication I CNBC I Dow futures rise 150 points ahead of Fed meeting

Fred Imbert, Sam Meredith 2-3 minutes U.S. stock index futures  rose on Tuesday as investors bet the Federal Reserve will set the stage for more accommodative monetary policy at this week’s meeting. Dow Jones Industrial Average futures traded 151 points higher, indicating a gain of 160 points at the open. S&P 500 and Nasdaq 100 futures also gained. Facebook was among the premarket leaders, rising more than 1% after launching a new cryptocurrency called Libra . The social media company partnered with Visa, PayPal and other companies that will accept Libra payments. The Fed is expected to leave rates unchanged after this meeting, which starts Tuesday. However, investors will monitor whether policymakers at the central bank lay the groundwork for rate cuts later in the year. Traders are pricing in three rate cuts before year-end, according to the CME Group’s FedWatch tool. Hope for looser monetary policy eased pressure in equities

US Futures Indication | Dow futures sharply lower amid intensifying fears about global growth

Sam Meredith 2 minutes U.S. stock index futures were sharply lower Wednesday morning, as ongoing trade tensions fueled worries about global growth outlook. At around 04:30 a.m. ET, Dow futures slipped 154 points, indicating a negative open of more than 130 points. Futures on the S&P and Nasdaq were both seen slightly lower. Risk aversion has increased in recent days, with disappointing economic data in major economies reawakening fears of a global recession. It comes at a time when the world’s two largest economies are locked in a protracted trade dispute. Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. Italy’s dispute with the European Commission over its budget, wins for europskeptic parties in EU elections and political turmoil in Austria and Greece have all added to the gloomy m

US Futures Indication | Dow futures slightly higher, gains capped by lingering trade worries

Sam Meredith 2 minutes U.S. stock index futures were slightly higher Tuesday morning, with financial markets on edge as trade worries remain high on investors’ list of concerns. At around 04:00 a.m. ET, Dow futures rose 22 points, indicating a positive open of more than 57 points. Futures on the S&P and Nasdaq were both seen slightly higher. Market focus is largely attuned to global trade developments, with the world’s two largest economies locked in a protracted dispute. On Monday, President Donald Trump said the U.S. was “not ready” to make a deal with China, before adding he expected one in the future. Washington and Beijing have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. Wall Street’s projected gains come after a relatively light trading session in global markets on Monday, with the U.S. and U.K. closed for holidays. On t

US Futures Indication | Dow futures fall more than 250 points as trade war concerns persist

Sam Meredith 2 minutes U.S. stock index futures were sharply lower Thursday morning, as market participants continue to monitor an intensifying trade war between the world’s two largest economies. At around 6 a.m. ET, Dow futures indicated a negative open of more than 250 points. Futures on the S&P and Nasdaq were both also seen lower. Late Wednesday, two separate media reports suggested the U.S. administration was considering restricting Hikvision — a Chinese surveillance equipment provider — from buying U.S. components. The move would mark another escalation in already fraught ties between Washington and Beijing. The U.S. and China have imposed tariffs on billions of dollars’ worth of one another’s goods since the start of 2018, battering financial markets and souring business and consumer sentiment. Meanwhile, investors are likely to monitor a flurry of economic data reports on Thursday. The latest weekly jobless claim

US Futures Indication: Dow futures are flat amid ongoing trade anxiety

Sam Meredith 2 minutes U.S. stock index futures were little changed Wednesday morning, as market participants continue to monitor an intensifying trade war between the world’s two largest economies. At around 5:35 a.m. ET, Dow futures indicated a positive open of less than 10 points. Futures on the S&P and Nasdaq were both also flat. Market focus is largely attuned to global trade developments, at a time when negotiations between the U.S. and China have faltered. President Donald Trump followed through with his threat to increase tariffs on $200 billion in Chinese goods from 10% to 25% earlier this month. China immediately responded by upping the tariffs on $60 billion of U.S. goods to as high as 25%. The U.S. recently added Chinese telecoms giant Huawei to a trade blacklist, which puts curbs on its ability to do business in America. However, some of those restrictions were eased on Monday. Relief over Washington’s relaxa

US Futures Indication I Dow futures are flat as investors focus on Huawei fallout

Sam Meredith 2 minutes U.S. stock index futures barely moved Monday morning, as concerns about an intensifying fallout from a U.S. crackdown on Huawei weighed on market sentiment. At around 5:45 a.m. ET, Dow futures indicated a nearly flat open. Futures on the S&P and Nasdaq were both seen slightly lower. Last week, President Donald Trump ’s administration added Chinese telecom company Huawei to a trade blacklist. The announcement prompted Alphabet’s Google to suspend business with Huawei that involves the transfer of hardware, software and key technical services. It means Huawei can no longer license Google’s proprietary Android operating system and other services that it offers. Instead, Huawei is now only able to use a public version of Google’s operating system through the Android Open Source Project. Google said Monday it made the move to comply with Washington’s decision to put Huawei on the so-called “Entity List,” mea

US Futures Indication I Futures lower as US-China trade tensions return

Spriha Srivastava 2 minutes U.S. stock index futures pointed to a lower start to the trading day after President Donald Trump declared a national emergency over threats against American technology. At 03:30 a.m., Dow futures were down 56 points, pointing to a lower open of 19 points. Futures on the S&P 500 and Nasdaq indexes were also in the negative territory. Trade tensions continue to weigh on investor sentiment. On Wednesday, the U.S. Department of Commerce announced the addition of Huawei Technologies and its affiliates to the Bureau of Industry and Security (BIS) Entity List, making it more difficult for the Chinese telecom giant to conduct business with U.S. companies. Meanwhile, multiple sources told CNBC Wednesday that Trump plans to postpone auto tariffs by up to six months . The White House faces a Saturday deadline to decide whether to slap duties on car and auto part imports over national security concerns. On

US Futures Indication I US stock futures point to a lower open after weak data out of China

Fred Imbert, Silvia Amaro 2 minutes U.S. stock index futures  fell on Wednesday after the release of weak China data stoked worries that the global economy is slowing down. At around 7:06 a.m. ET, Dow Jones Industrial Average futures fell 62 points, indicating a loss of 12 points at the open. S&P 500 and Nasdaq 100 futures also pointed to slight losses. Industrial production in China increased by 5.4% in April on a year-over-year basis, notching the slowest pace of growth since May 2003 . Economists polled by Refinitiv expected an expansion of 6.5%. The slowdown in Chinese industrial production comes as trade tensions between China and the U.S. have reignited. Earlier this week, China hiked tariffs on $60 billion worth of U.S. goods. The move came after the U.S. raised levies on $200 billion worth of Chinese imports. The U.S. also raised the possibility of slapping tariffs on an additional $300 billion in goods from China. Preside

US Futures Indications I Dow futures point to a 100-point gain at the open following Monday's market rout

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Kate Rooney, Eustance Huang 3-4 minutes Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images U.S. equity futures were in the green in premarket trading Tuesday as investors weighed the impact of the escalating trade war between the United States and China. As of 6 a.m. ET, Dow Jones Industrial Average futures indicated a positive open of more than 100 points. S&P 500 and Nasdaq futures also pointed to early gains. Major U.S. indexes tumbled Monday after news that China plans to raise tariffs on $60 billion worth of U.S. imports , beginning on June 1. The list of targeted goods ranges from TV cameras to tequila , and includes a range of agricultural products. Beijing’s move comes after Washington announced last week it would increase tariffs from 10% to 25% on a bulk of Chinese imports. The Dow and S&P 500 suffered their worst days since early January, and

US Futures Indication | Dow futures fall more than 150 points as trade worries persist

Fred Imbert, Silvia Amaro 2-3 minutes U.S. stock index futures were lower on Tuesday as market participants continued to monitor trade relations between the U.S. and China. At around 7:16 a.m. ET, Dow Jones Industrial Average futures fell 161 points, indicating a drop of 163 points at the open. Futures on the S&P 500 and Nasdaq 100 were also lower. Wall Street ended Monday’s session moderately lower after a sharp initial drop. Traders are optimistic that Beijing and Washington will reach a deal despite the latest escalation of tariffs, however continued uncertainty about the outcome of the talks continues to weigh on the markets. “I expect that the US and China will settle their differences on trade issues sooner rather than later,” said Ed Yardeni, president and chief investment strategist at Yardeni Research, in a note. “The Trump administration seems to have concluded that it is time to get it done. In other words, it’s either deal or no deal.” Pr

US Futures Indication on Tuesday 30, April 2019 | US futures mixed ahead of more earnings, Fed meeting

Silvia Amaro 1-2 minutes U.S. stock index futures were pointing in different directions Tuesday morning, as market participants prepared for another day of corporate earnings and fresh data releases. At around 01:50 a.m. ET, Dow futures fell 5 points, indicating a positive open of about 7 points. Futures on the S&P and Nasdaq both indicated a lower open. The S&P 500 reached an all-time high on Monday on the back of better-than-expected results. Investors are set to keep a close eye on further corporate earnings Tuesday with some major tech companies reporting. General Electric , Mastercard , Merck, Pfizer and McDonald’s are among the companies reporting before the bell. Apple and Mondelez International will update investors after the bell. On the data front, there will be an employment costs index out at 8:30 a.m. ET; while pending home sales and consumer confidence numbers are due at 10:00 a.m. ET. The Federal Reserve

US Futures Indication on April 26, 2019 I Dow futures slightly lower as investors await GDP data, corporate earnings

Sam Meredith 2 minutes U.S. stock index futures were slightly lower Friday morning, as market participants prepared for another deluge of corporate earnings and awaited key economic data. At around 03:15 a.m. ET, Dow futures slipped 27 points, indicating a negative open of more than 35 points. Futures on the S&P and Nasdaq were both seen marginally lower. Market focus is largely attuned to economic developments, amid speculation that figures later in the session could show the U.S. economy outperforming the rest of the developed world. A string of robust numbers for the world’s largest economy has prompted analysts to revise up their forecasts for expansion and the latest Reuters poll is for annualized growth of 2%. Meanwhile, the closely-watched projection of gross domestic product ( GDP ) from the Atlanta Federal Reserve is expecting an outcome of 2.7%, a massive turnaround from a few weeks ago when it stood at 0.5%. Offici

US Futures Indication on April 25, 2019 | Dow futures sink more than 150 points after ugly 3M earnings miss

Silvia Amaro 1-2 minutes This is breaking news. Please check back for updates. U.S. stock index futures were mixed on Thursday morning, as market participants digested geopolitical news and looked ahead to another day of corporate earnings. At around 6: 30 a.m. ET, Dow futures indicated a negative open of more than 150 points. Futures on the S&P and Nasdaq were both marginally higher. Wall Street ended Wednesday’s session lower on the back of mixed corporate results. Earnings will remain the biggest market focus Thursday with Comcast and UPS due to report before the bell. Amazon, Ford, Inter, Starbucks and T-Mobile are set to update investors after the bell. In terms of data, there will be jobless claims and durable goods at 8:30 a.m. ET and housing vacancies due at 10:00 a.m. ET. Meanwhile, Russian President Vladimir Putin received the leader of North Korea Thursday. One expert told CNBC the meeting aims to show Kim Jong Un

US Futures Indication on April 11, 2019 US | futures edge higher as investors digest Fed minutes

Spriha Srivastava 2 minutes U.S. stock index futures pointed to a slightly higher start to the trading day Thursday as investors digested minutes from the Federal Reserve’s latest meeting. At 5:50 a.m. E.T., Dow futures pointed to a rise of about 20 points at the open. Futures for Nasdaq and S&P 500 were little changed. The Federal Reserve released the minutes of its March monetary policy meeting on Wednesday. Last month, the U.S. central bank decided to maintain interest rates and hold off an any further increases this year. The minutes revealed that Fed officials are leaving room for possible interest rate increases by the end of the year but currently do not expect to make any changes. Meanwhile, on the U.S.-China trade front, U.S. Treasury Secretary Steven Mnuchin told CNBC that Washington and Beijing have “pretty much agreed on an enforcement mechanism” for when a deal is struck. In Europe, talks between EU leaders an

US Futures Indication on Wednesday 10, April, 2019: Dow futures slightly higher ahead of inflation data, Fed minutes

Sam Meredith 2 minutes U.S. stock index futures were slightly higher Wednesday morning, as market participants await inflation data and minutes from the Federal Reserve’s latest meeting. At around 5:40 a.m. ET, Dow futures indicated a positive open of more than 30 points. Futures on the S&P and Nasdaq were both seen slightly higher. The Federal Reserve will release the minutes of its March monetary policy meeting later in the session. Last month, the U.S. central bank decided to maintain interest rates and hold off an any further increases this year. Meanwhile, global economic growth was a sore point for risk asset markets. The International Monetary Fund ( IMF ) cut its forecast for world economic growth this year, saying a slowdown could force world leaders to coordinate stimulus measures. The fund said it expects the world economy to grow by 3.3% this year. That’s down from its previous outlook of 3.5%, which was also a d

US Futures Indication | Stocks set to open slightly lower despite strong manufacturing data

Ryan Browne 1-2 minutes U.S. stock futures were under pressure Tuesday, despite data from the U.S. and China showing a rebound in manufacturing activity. As of 3:15 a.m. ET, Dow futures traded 32 points lower, indicating a lower open of -40 points, while the S&P 500 and Nasdaq indexes were also in negative territory. Strong manufacturing data out of the U.S. and China raised sentiment during Monday’s session , with the Dow closing above 26,000 points for the first time since Feb. 26. U.S. manufacturing activity expanded last month, data showed, rebounding from its lowest level since late 2016. A separate survey showed China’s factory activity also rebounded, expanding at its fastest pace in eight months. The figures gave some much-needed relief to traders wary of a potential global economic slowdown on Monday. In other data news, the U.S. durable goods report is due to be released Tuesday at 8:30 a.m. ET. On the corporate front,