Business

Futures slip as U.S. calls for pause in J&J's single-dose COVID-19 vaccine

(Reuters) -U.S. stock index futures fell on Tuesday as U.S. federal health agencies recommended pausing the use of Johnson & Johnson’s single-dose COVID-19 vaccine, while investors awaited a reading on a key inflation report.FILE PHOTO: A U.S flag is seen on the New York Stock Exchange in the Manhattan borough of New York City, New […]

Business

S&P 500 scales new record high on tech boost

(Reuters) -The S&P 500 hit a record peak on Thursday, helped by gains in tech-related stocks as weaker-than-expected jobless claims data bolstered the Federal Reserve’s stance to keep interest rates lower for a longer period.FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March […]

Business

Futures rise as tech stocks gain ahead of weekly jobless claims data

(Reuters) – U.S. stock index futures rose on Thursday as technology shares, led by chipmakers, gained following an upbeat earnings outlook by Micron, while investors awaited weekly jobless claims data to gauge the pace of a recovery in the labor market.FILE PHOTO: A child leaps off a bench outside the New York Stock Exchange (NYSE) […]

Business

Banks, energy stocks drag Wall St lower; Biden's presser in focus

(Corrects typo in paragraph 14)FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri(Reuters) – Wall Street’s main indexes fell on Thursday, dragged down by economically sensitive bank and energy stocks and shrugging off […]

Business

Futures muted as Fed takes center stage

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., March 1, 2021. REUTERS/Brendan McDermid(Reuters) – Futures tied to the S&P 500 and the Dow were subdued on Wednesday as investors held their breath ahead of the Federal Reserve’s policy statement which could provide hints on whether […]

Business

Dow, S&P 500 muted at open as Fed meeting begins

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid(Reuters) – The S&P 500 and the Dow saw a muted open on Tuesday as investors remained on the sidelines ahead of the Federal Reserve’s two-day policy meeting against the backdrop of rising […]

Business

U.S. stocks close mixed as Dow notches fifth straight record high

NEW YORK (Reuters) – The blue-chip Dow powered to its fifth consecutive record high on Friday and the S&P 500 closed slightly higher as investors bought shares that should benefit from a strong reopening of the U.S. economy, an outlook signaled by rising yields in the bond market.FILE PHOTO: The front facade of the New […]

Business

Nasdaq futures drop as spike in bond yields hurts tech stocks

(Reuters) – Futures tracking the S&P 500 and the Dow slipped on Friday after ending at record closing highs in the prior session as a spike in U.S. bond yields reignited inflation worries and dented appetite for high-growth stocks.FILE PHOTO: The Nasdaq logo is displayed at the Nasdaq Market site in New York, U.S., May […]

Business

S&P 500, Nasdaq fall as high-flying tech stocks slide

(Reuters) – The S&P 500 and the Nasdaq fell on Wednesday as investors sold off high-flying technology shares and pivoted to sectors more likely to benefit from an economic recovery on the back of more fiscal stimulus and vaccination programs.FILE PHOTO: FILE PHOTO: A view of the exterior of the Nasdaq market site in the […]

Business

Futures dip after S&P 500's best day in nine months

FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 12, 2021. REUTERS/Brendan McDermid(Reuters) – U.S. stock index futures retreated on Tuesday after Wall Street’s strong start to March as investors closely monitored the bond market as well as progress on the next round of fiscal […]