Showing posts with the label US Futures market Indication.
Source: cnbc.com Stock futures fall as rates rise to start the week Sarah Min, Jesse Pound 3 minutes Stock futures were lower early Monday morning as Wall Street looks to shake off a losing week. Futures tied to the S&P 500 dipped 0.7%, and Nasdaq 100 futures slid 1.2%. Dow Jones Industrial Average futures dropped 130 points, or 0.4%. Those moves came as U.S. Treasury yields hit a new 3-year high overnight. On Sunday evening, the 10-year Treasury yield hit 2.7741%, and topped 2.76% Monday morning to start the week. Yields move inversely to prices and 1 basis point is equal to 0.01%. Twitter's stock price fell in premarket trading Monday after CEO Parag Agrawal revealed that Elon Musk abandoned his plan to join the company's board. Shares for the social media company dropped more than 8% before recovering some losses. At 7:56 a.m. ET, shares were down 2.4%. Wall Street is coming off a negative we
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Source: cnbc.com Stock futures rise slightly following two-day Fed sell-off Yun Li 3 minutes Stock futures rose Thursday as the market tried to recover from back-to-back losing sessions, while traders digested the Federal Reserve's plans to tighten monetary policy. Futures on the Dow Jones Industrial Average rose 30 points, or 0.1%. S&P 500 futures climbed 0.2%, and Nasdaq 100 futures advanced 0.4%. Shares of HP Inc surged 15% in the premarket after Warren Buffett's Berkshire Hathaway disclosed a stake in the tech hardware maker . The Fed on Wednesday released the minutes from its March meeting , which showed that officials planed to reduce their trillions in bond holdings with a consensus amount around $95 billion. Meanwhile, policymakers indicated that one or more 50 basis-point interest rate hikes could be warranted to battle surging inflation. "The minutes from the latest FOMC meeting portray a highe