Wall Street stocks were little changed in early trading Thursday as investors monitor valuations among companies in the AI space and mull the possible outcomes from a Supreme Court hearing on tariffs. Shortly after trading started, the Dow Jones Industrial Average was flat at 47,320.76, while the broad-based S&P 500 crept down less than 0.1 … Read more
In an insightful conversation with ET Now, Gautam Trivedi from Nepean Capital painted a balanced picture of both the American and Indian economies — one marked by surprising resilience in the US and temporary caution towards India. “The US economy is clearly not in slowdown mode right now,” Trivedi affirmed, underscoring the strength of American … Read more
US equity-index futures advanced in early Monday trading, indicating that the seven straight months of gains in global stocks may still have more room to run. Contracts for the S&P 500 and the Nasdaq 100 indexes rose 0.3% after gains on the underlying gauges Friday, with earnings optimism outweighing worries about a rally that’s heavily … Read more
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