Stock futures inch higher ahead of key jobs report

U.S. stock index futures were little changed during overnight trading on Thursday, ahead of Friday’s key jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 65 points. S&P 500 futures advanced 0.2%, while Nasdaq 100 futures added 0.3%. During regular trading the Dow fell 170 points, or 0.47%, while the S&P declined … Read more

Stock futures are flat after Dow and S&P 500 close at records

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Monday after the Dow Jones Industrial Average and S&P 500 notched new record closes on the first trading day … Read more

Political change is coming to the EU’s big three economies. Here’s why it matters

French President Emmanuel Macron and Italy’s Prime Minister Mario Draghi. Alessandra Benedetti – Corbis | Corbis News | Getty Images The balance of power is changing in the European Union’s three largest economies which could have significant implications for financial markets. Germany has just turned the page on Angela Merkel’s 16 years of leadership, France … Read more

Weekly jobless claims total 198,000, less than expected and around 52-year low

Initial filings for unemployment insurance dipped last week and remained close to their lowest level in more than 50 years, the Labor Department reported Thursday. Jobless claims for the week ended Dec. 25 totaled 198,000, less than the 205,000 Dow Jones forecast and a dip of 8,000 from the previous period. When adjusting for weekly … Read more

Stock futures are flat after Dow, S&P 500 close at record

U.S. stock index futures were little changed during overnight trading Wednesday after the S&P 500 and Dow Jones Industrial Average closed at new records. Futures contracts tied to the Dow Jones Industrial Average inched higher, while S&P 500 futures were unchanged. Nasdaq 100 futures were slightly lower. During regular trading on Wednesday the S&P 500 … Read more

Turkish lira whipsaws from historic low after Erdogan announces rescue plan

A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Cagla Gurdogan | Reuters Turkey’s lira has charged back from record lows at breakneck speed, seeing wild swings after President Recep Tayyip Erdogan revealed a plan to support the battered currency and protect local … Read more

China’s property distress sours steel sector in warning sign for economy

Profits at China’s industrial firms grew at a faster pace in October, the statistics bureau said on Nov. 27, 2021, providing a buffer for a faltering economy battered by soaring raw material prices. Pictured here is a worker counting cast steel pipes to be shipped aboard at Lianyungang Port in Lianyungang, Jiangsu province of China. … Read more

Asia-Pacific markets set to trade cautiously as investors assess Fed decision to dial back bond buying

Employees wearing protective masks work in the trading room at the Daiwa Securities Group Inc. headquarters in Tokyo, Japan, on Thursday, Oct. 14, 2021. Toru Hanai | Bloomberg via Getty Images SINGAPORE — Asia-Pacific markets were set to trade cautiously as investors digest the U.S. Federal Reserve’s indications that its run of ultra-easy monetary policy … Read more

European stocks set for higher start to the week as monetary policy decisions take center stage

LONDON — European stocks look set to start the week higher as attention shifts from the omicron Covid variant to monetary policy decisions by some of the world’s largest central banks. The U.K.’s FTSE is seen opening 21 points higher at 7,319, the German DAX is seen up 71 points at 15,702 and France’s CAC … Read more

Asia-Pacific markets gain in early trade as investors focus on central bank meetings

The Tokyo Stock Exchange in Japan. Noriko Hayashi | Bloomberg via Getty Images SINGAPORE — Asia-Pacific markets jumped in morning trade on Monday as investors turn their focus to a number of monetary policy meetings happening this week. In Japan, the Nikkei 225 rose 0.86% while the Topix index added 0.51%. South Korea’s Kospi added … Read more