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US market | Futures Indicator: Dow futures extend losses following Wednesday's sell-off

  Fred Imbert, Jesse Pound 3-4 minutes - Source: CNBC U.S. stock futures traded slightly lower early Thursday on the heels of a market slide a day earlier as a recent rally lost steam. Futures tied to the Dow Jones Industrial Average slipped 62 points, or 0.2%. S&P 500 and Nasdaq 100 futures fell 0.1% and 0.3%, respectively. Futures were off their lows, however, after the release of preliminary data showed University of Oxford and AstraZeneca’s vaccine candidate triggered a similar immune response among all adults . Weakness in the futures follows a Wednesday session that finished on a sour note . After bouncing around the flat line for most of the day, the Dow Jones Industrial Average turned south in the final hour of trading to register a loss of 345 points, or 1.2%. The S&P 500 also dropped 1.2%, while the Nasdaq Composite shed 0.8%. The slide for stocks accompanied mixed news about the coronavirus crisis . On Wednesd

US Market | Futures Indictor: Dow futures rise 130 points as stocks look set to resume gains following a pause in the rally.

  Yun Li, Maggie Fitzgerald 3-4 minutes - Source: CNBC U.S. stock futures bounced on Wednesday a day after a pause in the market’s rally to records. Dow Jones Industrial average futures rose 130 points, or 0.4%. The move indicated an opening gain of about 130 points. Futures for the S&P 500 added 0.3%. Nasdaq-100 futures were slightly higher. Here’s what got futures moving in the positive direction Wednesday morning: Pfizer released the final data on its vaccine candidate with BioNTech and it was even better than the initial data. The companies said the vaccine was 95% effective in preventing Covid-19 and fended off severe infection in the trial. Dow-member Boeing jumped 4% in premarket trading as the company was set to win FAA approval to fly the 737 MAX again, according to Reuters . Target shares rose 2% after the retailer’s third quarter earnings topped estimates because of booming digital sales. Lowe’s shares dropped 6% aft

US Market | Futures Indicator ( Update): Dow futures extend losses, now down 250 points after weaker-than-expected retail sales

  Fred Imbert 3-4 minutes - Source: CNBC Dow Jones Industrial average and S&P 500 futures declined on Tuesday morning after the two major market benchmarks closed at record levels. Dow futures fell 250 points, or 0.8%. The move implied an opening loss of about 270 points. S&P 500 futures slid 0.7%. Nasdaq 100 futures were higher by 0.1%. Here’s what traders were watching Tuesday: Shares of pharmacy owner CVS Health and Dow member Walgreens Boots Alliance dropped in premarket trading after Amazon launched a pharmacy business , which allows free delivery of medications for Prime members. Walgreens shares dropped 10% and CVS lost 6%. Amazon shares popped 2.6% in premarket trading. Tesla shares jumped more than 13% in premarket trading after S&P Dow Jones Indices said the electric car maker would join the S&P 500 index, effective Dec. 21 . It was a long anticipated move for the surging stock. Before Monday, the shares

US Market | Futures Indicator: Stock futures slip a day after the Dow and S&P 500 close at records

  Fred Imbert 3-4 minutes - Source: CNBC Dow Jones Industrial average and S&P 500 futures declined on Tuesday morning after the two major market benchmarks closed at record levels. Dow futures fell 168 points, or 0.5%. The move implied an opening loss of about 160 points. S&P 500 futures slid 0.5%. Nasdaq 100 futures were higher by 0.1%. Here’s what traders were watching Tuesday: Shares of pharmacy owner CVS Health and Dow member Walgreens Boots Alliance dropped in premarket trading after Amazon launched a pharmacy business , which allows free delivery of medications for Prime members. Walgreens shares dropped 10% and CVS lost 6%. Amazon shares were slightly higher. Tesla shares jumped more than 12% in premarket trading after S&P Dow Jones Indices said the electric car maker would join the S&P 500 index, effective Dec. 21 . It was a long anticipated move for the surging stock. Before Monday, the shares had already

US Market | Futures Indicator: Dow futures jump 500 points as Moderna says it has a highly effective Covid vaccine as well

  Fred Imbert 4-5 minutes - Source: CNBC Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures jumped Monday after Moderna said preliminary trial data showed its coronavirus vaccine was more than 94% effective . The promising announcement makes the Massachusetts-based biotech firm the second drugmaker to say it has a potentially effective vaccine. Similar trial results last week from Pfizer and BioNTech drove investors into underperforming names dependent on a vaccine reopening the economy. The companies said at the time that their candidate was more than 90% effective in preventing Covid-19 among participants. Dow Jones Industrial Average futures added 500 points, or 1.7%. The move implied an opening gain of more than 500 points. S&P 500 futures rose 1.2% and Nasdaq 100 futures gained just 0.1%. The Dow is just about 72 points shy of a record close. Last week, the Dow climbed 4% for its s

US Market | Futures Indicator: S&P 500 futures are flat as vaccine market rally pauses

  Fred Imbert, Jesse Pound 3 minutes - Source: CNBC Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures were mixed in early Thursday morning trading as markets continued to churn following big gains earlier in the week. Futures contracts tied to the Dow Jones Industrial Average fell 203 points, or 0.7%. S&P 500 futures slipped 0.4% and Nasdaq 100 futures were marginally higher. The move in futures came after the market bucked its recent trend on Wednesday , with the tech-heavy Nasdaq Composite leading while cyclicals and small caps lagged. The Dow slipped 23 points after adding nearly 1,100 in the two previous sessions. The Dow is still up 3.8% for the week. Earlier in the week, stocks dependent on an economic recovery rallied, sparked by an announcement from Pfizer and BioNTech that the companies’ Covid-19 vaccine candidate appeared to be more than 90% effective in its phase three trial. More positi

US Market | Futures Indicator: The Dow is set to jump 200 points as vaccine market rally stretches to a third day

Fred Imbert, Maggie Fitzgerald 3 minutes - Source: CNBC U.S. equity futures rose on Wednesday with the Dow Jones Industrial average set to gain for a third day after news of an effective Pfizer Covid-19 vaccine earlier this week sparked hopes of a return to normal economic activity. Dow futures added 209 points, or 0.7%. The move implied an opening gain of about 200 points. S&P 500 futures were up 0.7%. What was different on Wednesday was that technology stocks were bouncing back. Nasdaq 100 futures were up 0.9%. Alphabet and Microsoft both traded 1% higher in the premarket. Apple gained 0.9%. Netflix climbed 0.6%. Facebook and Amazon rose 0.7% each. The Dow was coming off two back-to-back strong sessions, jumping 262 points on Tuesday and surging more than 800 points on Monday following Pfizer and BioNTech’s announcement about their more than 90% effective Covid-19 vaccine. The news caused investors to move out of t

US Market | Futures Indicator (Update): The Dow is set to surge 5% to a record as Pfizer says Covid-19 vaccine is 90% effective

  Yun Li 6-8 minutes - Source: CNBC Investors cheered on Monday after drugmakers Pfizer and BioNTech said trial data indicated their Covid-19 vaccine is 90% effective . Many on Wall Street applauded the announcement as a sign that the pharmaceutical industry may soon have a viable way to control a disease that has derailed the U.S. economy for much of 2020 and has killed more than 230,000 Americans. Futures on the Dow Jones Industrial Average surged 1,500 points, or 5.2%, implying an opening gain of more than 1,400 points. The Dow’s previous intraday record was 29,568.57, about 1,245 points from Friday’s close. S&P 500 futures jumped 3.4%. Tech-heavy Nasdaq 100 futures fell 0.5% as traders left crowded growth and stay-at-home stocks in favor of cyclical companies that could outperform if the Pfizer vaccine is approved for widespread use. Stocks were already set to continue their big post-election rally Monday as Democrat Jo

US Market | Futures Indicator: Dow futures jump 1,400 points as Pfizer, BioNtech say Covid-19 vaccine is 90% effective

  Yun Li 5-7 minutes - Source: CNBC Stock futures surged after Pfizer and BioNTech said trial data indicated their Covid-19 vaccine is 90% effective . Futures on the Dow Jones Industrial Average surged 1,201 points, or 4.3%, implying an opening gain of more than 1,200 points. S&P 500 futures jumped 3.6%. Nasdaq 100 futures climbed 2%. Stocks were already set to continue their big post-election rally Monday as Democrat Joe Biden defeated incumbent Donald Trump in the U.S. presidential race to become president elect, according to NBC projections. Dow futures were up about 400 points before the vaccine news. The 90% effective rate from Pfizer and Germany’s BioNTech was better than what the market was expecting. Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, has said that a vaccine that was 50% to 60% effective would be acceptable. “Amazing news from Pfizer with 90% efficacy. This h

US Market | Futures Indicator: Dow futures jump more than 300 points as Wall Street extends post-election rally

  Fred Imbert, Pippa Stevens 4-5 minutes - Source: CNBC U.S. stock index futures were sharply higher early Thursday on hopes the winner of the U.S. presidential election would soon be determined. Futures contracts tied to the Dow Jones Industrial Average rose 353 points, or 1.3%. S&P 500 futures and Nasdaq 100 futures gained 1.7% and 2.5%, respectively. Late Wednesday, NBC News projected that former Vice President Joe Biden was the winner in Wisconsin and Michigan , both states that President Donald Trump won in the 2016 presidential election. Biden would then be just 17 Electoral College votes away from winning, NBC News reported Wednesday. “Markets are reacting very positively to the fact that a great deal of the election uncertainty has passed. Not all of it, but at least the worst outcomes seem to have been avoided. Markets hate uncertainty, and this is likely to be a tailwind for a while,” said Brad McMillan, chief inves

US Market | Futures Indicator: S&P 500 futures rise as tech shares jump, but gains are capped as investors await election winner

  Fred Imbert 6-7 minutes - Source: CNBC U.S. stock futures rose on Wednesday, led by tech shares, but the gains were kept in check as the results of the presidential contest so far failed to yield a clear winner. S&P 500 futures traded 0.7% higher and Nasdaq 100 futures popped 2.6% as investors crowded back into the trade that’s been working for most of this tumultuous year. Dow Jones Industrial Average futures climbed 22 points, or less than 0.1%. At one point, Dow futures were down sharply; they also posted strong gains earlier in the session. “I think the big news for the markets right now at least as it looks preliminary is that there’s not going to be a blue wave, which is generally supportive for markets,” said Mike Lewis, managing director of U.S. equity cash trading at Barclays, on CNBC’s “ Squawk Box .” “I think that the outlook going forward for markets is this is going to be more about policy and the Fed than it

US Market | Futures Indicator: Dow futures rise nearly 400 points on U.S. Election Day

  Maggie Fitzgerald 4-5 minutes - Source: CNBC U.S. stock futures rose sharply early Tuesday as investors waited for the results of the presidential election between incumbent Donald Trump and former Vice President Joe Biden . Dow futures pointed to an opening gain of nearly 400 points. S&P 500 futures and Nasdaq 100 futures also traded in positive territory. Stocks rebounded on Monday from an October sell-off driven by a spike in Covid-19 cases, a breakdown in economic stimulus talks, and uncertainty about the outcome of the presidential election. On Monday , the Dow Jones Industrial Average climbed 423 points, or 1.6%. The S&P 500 also registered a gain of 1.23%. The Nasdaq Composite was the relative underperformer, adding just 0.4% as Facebook, Amazon, Apple and Microsoft all closed lower. “Today’s strong stock market gain was fueled by technical support — a stock market which bounced decisively from its recent low

US Market | Futures Indicator: The Dow is set to jump 400 points, rebounding from worst week since March

  Yun Li 3-4 minutes - Source: CNBC U.S. stock futures rallied in early trading Monday as the stock market looked to bounce back from a brutal week and month. Futures on the Dow Jones Industrial Average rose 435 points, or 1.7%. The move pointed to an opening gain of more than 400 points. S&P 500 futures rose 1.48% and Nasdaq-100 futures gained 1.31%. The market’s comeback came even as England adopted a stay-at-home order to fight the coronavirus and as traders braced for Tuesday’s U.S. presidential election. Prime Minister Boris Johnson announced Saturday England is closing all nonessential businesses for the next four weeks after more than 22,600 weekly Covid-19 cases were reported for the U.K., far higher than its first peak of 4,800 average weekly cases in the spring. People will be ordered to stay at home unless it’s for essential purposes, Johnson said. The U.S. is also grappling with rising new coronavirus infections

US Market | Futures Indicator Update: Futures are flat as Wall Street tries to recover from the worst sell-off in months

  Jesse Pound 4-5 minutes - Source: CNBC U.S. stock futures were little changed on Thursday after the worst day for the market in months. Futures tied to the Dow Jones Industrial Average dipped 30 points, or 0.1%. Futures for the S&P 500 added 0.1% and Nasdaq 100 futures rose 0.5%. Apple, Amazon, Alphabet and Facebook, which all report earnings on Thursday, were higher in premarket trading. U.S. gross domestic product for the third quarter is out at 8:30 a.m. ET. Economists surveyed by Dow Jones expect growth of 32% on an annualized basis, a huge comeback that still leaves the economy far below where it was before the coronavirus hit. “I recognize the carnage, but I do think the carnage is reversible,” said CNBC’s Jim Cramer after Wednesday’s steep declines. The move in futures comes after a sharp sell-off during Wednesday’s session that extended Wall Street’s losing streak. The Dow lost 934 points, or 3.4%, for its fourth-st

US Market | Futures Indicator: Futures rise slightly as Wall Street tries to recover from the worst sell-off in months

  Jesse Pound 4-5 minutes - Source: CNBC U.S. stock futures rebounded slightly on Thursday after the worst day for the market in months. Futures tied to the Dow Jones Industrial Average gained 50 points, or 0.2%. The move implied an opening gain for the Dow of about 40 points. Futures for the S&P 500 added 0.3% and Nasdaq 100 futures rose 0.7%. Apple, Amazon, Alphabet and Facebook, which all report earnings on Thursday, were higher in premarket trading. U.S. gross domestic product for the third quarter is out at 8:30 a.m. ET. Economists surveyed by Dow Jones expect growth of 32% on an annualized basis, a huge comeback that still leaves the economy far below where it was before the coronavirus hit. “I recognize the carnage, but I do think the carnage is reversible,” said CNBC’s Jim Cramer after Wednesday’s steep declines. The move in futures comes after a sharp sell-off during Wednesday’s session that extended Wall Street’s lo