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U.S. Futures Fall Ahead Of Nvidia Earnings

U.S. futures slipped early Wednesday as investors awaited the quarterly earnings report from chipmaker Nvidia Corporation. Contracts listed on the tech-heavy Nasdaq 100 slipped by as much as 0.4%, while those on the S&P 500 fell 0.2%. Futures on the Dow Jones Industrial Average...

Caesars Misses Quarterly Revenue Target

Caesars Entertainment shares dropped by 1.5% in extended training on Tuesday after the company reported lower-than-expected earnings for the fourth quarter. The Casino operator, which runs Caesars Atlantic City and Caesars Palace, saw its Las Vegas casino operations hit by higher costs. Revenue for the...

Goldman Sachs Lifts S&P 500 Target Amid Rising Performance

Goldman Sachs has decided to lift their 2024 target for the S&P 500 Index for the second straight month after the index exceeded 5,000 points for the first time in its history this month. The team of analysts, led by David Kostin, lifted its...

Stocks Snap Five-Week Winning Streak

U.S. stocks closed lower on Friday, resulting in the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average bringing an end to their five-week winning streaks. The Dow Jones Industrial Average edged 0.1% lower for the week, while the benchmark S&P 500 slipped 0.4%...

Stock Futures Rise Following CPI Inflation Data

U.S. equity futures rose on Wednesday after inflation data from the previous day came in hotter than expected. January's Consumer Price Index rose 3.1% on an annual basis, with a 0.3% increase from the previous month. This has lowered investors' expectations for an interest...

Atlanta Fed President Dashes Hopes for Interest Rate Cut

Atlanta Fed President Raphael Bostic has lowered hopes of an interest rate cut in the near term. The central bank policymaker, who is voting on the Federal Open Market Committee’s policy decisions this year, explained that he only expects inflation to fall to the...