JPMorgan profit beats estimates on M&A boost

JPMorgan Chase & Co reported a 14% fall in fourth-quarter earnings on Friday but sailed past analysts’ estimates, helped by a stellar performance at its investment banking unit that offset a slowdown in its trading arm. The country’s largest lender, whose fortunes are often seen as a barometer of the health of the U.S. economy, … Read more

Wall Street Week Ahead: Hawkish Fed gives value stocks a second wind

NEW YORK: Investors are recalibrating their portfolios to account for a more hawkish Federal Reserve, as signs that the central bank is ready to pull out the stops in its fight against inflation has shaken up markets in the first week of 2022. Yields on the benchmark 10-year U.S. Treasury are on track for their … Read more

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 mostly flat after Wednesday’s sell-off

A trader works on the trading floor on the last day of trading before Christmas at the New York Stock Exchange (NYSE) in Manhattan, New York City, December 23, 2021. Andrew Kelly | Reuters Stock futures were mostly flat in overnight trading Wednesday after the major U.S. stock averages fell sharply in the first losing … Read more

Stock futures are flat after the Dow notches a record close

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images Stock futures were flat in overnight trading Tuesday after the Dow Jones Industrial Average notched a record close as investors flocked to shares that stand to benefit … 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

The Fed’s moves pumped up stocks. In 2022, it may pull the plug

For two years, the stock market has been largely able to ignore the lived reality of Americans during the pandemic — the mounting coronavirus cases, the loss of lives and livelihoods, the lockdowns — because of underlying policies that kept it buoyant. Investors can now say goodbye to all that. Come 2022, the Federal Reserve … Read more

Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus

A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters It’s back to business in the week ahead with a busy economic calendar to start the new year, including the always important monthly jobs report. After a stellar 2021, stocks head into the 2022 with … 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

Stock futures rise slightly after Dow notches fifth straight day of gains

A trader works on the trading floor on the last day of trading before Christmas at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., December 23, 2021. Andrew Kelly | Reuters U.S. stock futures ticked higher Tuesday night following a mixed session as traders continued to assess the threat of the … Read more