S&P 500 and Nasdaq 100 index futures slipped as the US government neared a shutdown after a stopgap funding bill to avoid the closure failed. Contracts for the S&P 500 fell 0.2% after the index had its best September in 15 years, fueled by optimism over artificial intelligence and lower rates. A gauge of the … Read more
Asian equities looked set to follow Wall Street lower Tuesday as investors were on edge that a looming key US inflation report may derail the pace of Federal Reserve rate cuts. Stock futures in Japan, Hong Kong and Australia all slipped, while contracts for Chinese shares bucked the trend with the Nasdaq Golden Dragon China … Read more
The Nasdaq and S&P 500 fell on Wednesday as investors sold tech stocks and moved into less highly valued sectors, as they also awaited remarks from Federal Reserve officials at their Jackson Hole symposium this week. Tech stocks, which drove much of the recovery from Wall Street’s April selloff, have been pulling back. The S&P … Read more
Asian stocks edged up at the open Friday, poised for a fifth consecutive day of gains, as technology shares lifted Japanese equities. The MSCI Asia Pacific Index rose 0.5%, helped by a 1.3% rise in the Nikkei-225 index. Sony Group Corp. and Softbank Group Corp. led the gains after reporting earnings. Contracts for US stocks … Read more
Stock-index futures climbed after the European Union struck a deal with President Donald Trump that will see the bloc face 15% tariffs on most exports, averting a potentially damaging trade war. S&P 500 contracts rose 0.4% and those for European stocks jumped 1%. The euro was slightly stronger against the dollar after the US-EU deal. … Read more
NEW YORK – The S&P 500 ended a volatile session little changed on Friday as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal, but the benchmark index tallied its biggest monthly increase since November 2023. The Nasdaq also registered its biggest monthly percentage gain since November 2023. May was … Read more
US stock futures jumped and the dollar strengthened after President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court. Upbeat earnings from Nvidia Corp. also boosted investor sentiment. Contracts for the S&P 500 and Nasdaq 100 gained 1.4% and 1.7% respectively. The ruling can now be appealed by the Trump … Read more
U.S. stocks fell on Friday, notching a weekly loss, after President Donald Trump recommended 50% tariffs on European goods, reopening a new front in global trade tensions and unleashing a fresh wave of market uncertainty. All three main Wall Street indexes pared early losses but each still ended lower and shed more than 2% for … Read more
Asian shares rose for the first time in four days, mirroring gains in the US that placed the S&P 500 index on the brink of a bull market. A regional stock gauge gained 0.4% with advances in Australia, Japan and South Korea after the S&P 500 index climbed for a sixth straight day. Treasuries were … Read more
Wall Street‘s main indexes rose on Friday for their fifth straight day, buoyed by the U.S.-China tariff truce earlier in the week even as economic survey data showed a deterioration in consumer sentiment. The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan … Read more