futures Archives - theprimarymarket.com Tue, 09 Apr 2024 08:58:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Futures Stall as Markets Await Fresh Inflation Data https://theprimarymarket.com/futures-stall-as-markets-await-fresh-inflation-data/ Mon, 08 Apr 2024 14:19:00 +0000 https://theprimarymarket.com/?p=5204 Futures on the New York Stock Exchange remained stagnant during early trading on Monday as investors cautiously await inflation data to be released later in the week. With the Consumer Price Index (CPI) set to be released on Wednesday, markets will be waiting to determine the likelihood of the Federal Reserve introducing interest rate cuts […]

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Futures on the New York Stock Exchange remained stagnant during early trading on Monday as investors cautiously await inflation data to be released later in the week. With the Consumer Price Index (CPI) set to be released on Wednesday, markets will be waiting to determine the likelihood of the Federal Reserve introducing interest rate cuts in the near future.

Contracts listed on the tech-heavy Nasdaq Composite index rose 0.3% higher, with futures on the S&P 500 and the Dow Jones Industrial Average rising marginally higher. The 10-year Treasury Yield rose to 4.45%, with 4.5% being viewed as a potential tipping point by some investors as it appears to be on track to return to last year’s highs.

Wednesday’s CPI report is expected to provide a deeper indication of whether the central bank will indeed consider implementing three rate cuts this year as previously mentioned by Fed Chair Jerome Powell. Investor anxiety was stoked last Thursday when Minneapolis Fed president Neel Kashkari claimed that the Fed may even forego interest rate cuts entirely this year depending on the trajectory of price pressures.

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U.S. Futures Idle as Investors Assess Federal Reserve Outlook https://theprimarymarket.com/u-s-futures-idle-as-investors-assess-federal-reserve-outlook/ Tue, 02 Apr 2024 07:59:00 +0000 https://theprimarymarket.com/?p=5197 Futures on the New York Stock Exchange remained largely unchanged on Tuesday as investors await further economic data and Federal Reserve Chair Jerome Powell’s address on Wednesday before recalibrating their hopes for interest rate cuts later in the year. Futures on the S&P 500 slipped by 0.1%, as did Nasdaq 100 contracts. March jobs data, […]

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Futures on the New York Stock Exchange remained largely unchanged on Tuesday as investors await further economic data and Federal Reserve Chair Jerome Powell’s address on Wednesday before recalibrating their hopes for interest rate cuts later in the year. Futures on the S&P 500 slipped by 0.1%, as did Nasdaq 100 contracts.

March jobs data, set to be released later this week is expected to show that employment has continued to rise this past month. While Powell is expected to provide more insight in Wednesday’s speech, he previously mentioned that Fed policymakers are awaiting further evidence to suggest that prices are being contained before introducing interest rate cuts.

Oil edged towards a five-month high as Middle East tension continues and Mexican supplies remain tight. West Texas Intermediate rose 0.6% to $84.25 per barrel. Spot gold traded 0.2% higher at $2,255.31 an ounce.

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Fed Sticks to Rate Cut Agenda, Sending Stocks Higher https://theprimarymarket.com/fed-sticks-to-rate-cut-agenda-sending-stocks-higher/ Thu, 21 Mar 2024 10:25:00 +0000 https://theprimarymarket.com/?p=5173 The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they maintain their agenda for introducing three rate cuts this year. This development had a significant effect […]

The post Fed Sticks to Rate Cut Agenda, Sending Stocks Higher appeared first on theprimarymarket.com.

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The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they maintain their agenda for introducing three rate cuts this year.

This development had a significant effect on investor confidence, driving futures on the benchmark S&P 500 up by 0.4%. Futures on the Nasdaq 100 rose by as much as 0.8%, while contracts listed on the Dow Jones Industrial Average gained 0.3%. Across the Atlantic, the Stoxx Europe 600 advanced by 0.9%, while the MSCI Asia Pacific Index surged 2% higher.

“The Fed appears to have achieved a better balance around its dual mandate of price stability and maximum employment,” Banco Bilbao Vizcaya Argentaria analysts told clients in a written note. They added their expectation that the central bank would normalize its policy stance by June.

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U.S. Stocks Rise Ahead of Fed Rate Decision https://theprimarymarket.com/u-s-stocks-rise-ahead-of-fed-rate-decision/ Mon, 18 Mar 2024 14:20:00 +0000 https://theprimarymarket.com/?p=5166 Stock futures rose on Monday as investors gear up for the Federal Reserve’s latest interest rate decision due later in the week. Futures on the S&P 500 rose by 0.3%, while those on the tech-heavy Nasdaq Composite gained 0.7%. Contracts listed on the Dow Jones Industrial remained relatively unchanged. Fed Chair Jerome Powell revealed that […]

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Stock futures rose on Monday as investors gear up for the Federal Reserve’s latest interest rate decision due later in the week. Futures on the S&P 500 rose by 0.3%, while those on the tech-heavy Nasdaq Composite gained 0.7%. Contracts listed on the Dow Jones Industrial remained relatively unchanged.

Fed Chair Jerome Powell revealed that the U.S. central bank appears to be gaining the confidence to introduce interest rate cuts following the release of optimistic economic data. “The Fed may have less confidence on inflation than before, but it still has confidence in the disinflation trend,” Bank of America economists observed.

With attention remaining firmly on the US Federal Reserve, the Bank of Japan is also set to convene this week. It’s largely expected to bring an end to its negative-rate policy on Tuesday. The Bank of England is set to release its own interest rate policy decision later in the week as well.

The post U.S. Stocks Rise Ahead of Fed Rate Decision appeared first on theprimarymarket.com.

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Stocks Rise Following Relief Over Inflation Data https://theprimarymarket.com/stocks-rise-following-relief-over-inflation-data/ Fri, 01 Mar 2024 11:05:00 +0000 https://theprimarymarket.com/?p=5125 U.S. futures and European equities rose on Friday after the latest US PCE report largely met expectations, thereby doing little to rock the boat in terms of markets’ fears of an inflation resurgence and the pace at which the Federal Reserve introduces its interest rate cuts. “The data came as a relief for those who […]

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U.S. futures and European equities rose on Friday after the latest US PCE report largely met expectations, thereby doing little to rock the boat in terms of markets’ fears of an inflation resurgence and the pace at which the Federal Reserve introduces its interest rate cuts.

“The data came as a relief for those who were prepared for the worst,” noted Ipek Ozkardeskaya, senior analyst at Swissquote Bank.

Futures on the S&P 500 edged 0.1% higher, while those on the tech-heavy Nasdaq 100 gained 0.3%. Contracts listed on the Dow Jones Industrial Average remained little changed. Across the pond, the benchmark Stoxx Europe 600 index advanced by 0.5%, as did the MSCI Asia Pacific Index. The MSCI Emerging Markets Index gained 0.2%.

In Asia, the Japanese Nikkei 225 rose 1.9% to its strongest-ever close, edging close to the 40,000 mark. Bitcoin continued its recent rally, approaching the $62,000 mark amid rising demand from exchange-traded funds. BlackRock Inc.’s iShares Bitcoin Trust hit a record $612 million inflow.

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U.S. Futures Decline Ahead of Inflation Report https://theprimarymarket.com/u-s-futures-decline-ahead-of-inflation-report/ Thu, 29 Feb 2024 06:11:00 +0000 https://theprimarymarket.com/?p=5118 Futures on the New York Stock Exchange declined on Wednesday ahead of a crucial inflation report that is expected to provide insight into the Federal Reserve’s monetary policy, and in particular, the timing of its interest rate cuts. Contracts listed on the Dow Jones Industrial Average were down 0.3%, as were those on the benchmark […]

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Futures on the New York Stock Exchange declined on Wednesday ahead of a crucial inflation report that is expected to provide insight into the Federal Reserve’s monetary policy, and in particular, the timing of its interest rate cuts.

Contracts listed on the Dow Jones Industrial Average were down 0.3%, as were those on the benchmark S&P 500, while those on the tech-heavy Nasdaq 100 were down by as much as 0.4%. Stocks have stagnated in the latter stages of February after reaching record levels, with the S&P 500 exceeding 5,000 for the first time in its history.

While the market received a major boost from the artificial intelligence boom, this was cut short as economic data suggested that inflation is remaining more stubborn than expected even amid signs of cooling. This has thus influenced market bets on when the Federal Reserve will introduce its first interest rate cut following its aggressive rate-hiking agenda.

The post U.S. Futures Decline Ahead of Inflation Report appeared first on theprimarymarket.com.

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Stock Futures Rise Following CPI Inflation Data https://theprimarymarket.com/stock-futures-rise-following-cpi-inflation-data/ Thu, 15 Feb 2024 06:49:00 +0000 https://theprimarymarket.com/?p=5084 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 rate cut by the Federal Reserve following its next policy meeting. […]

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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 rate cut by the Federal Reserve following its next policy meeting.

Futures listed on the S&P 500 rose by 0.2% during premarket trading in New York, while those on the Nasdaq 100 advanced by 0.4%. Contracts listed on the Dow Jones Industrial Average edged higher by 0.1%. In Europe, the Stoxx 600 gained 0.1% while the MSCI World index remained relatively stagnant.

The dollar remained steady after its gains in the previous session, with the Bloomberg Dollar Spot index remaining unchanged. The euro was also little changed at $1.0702, while the greenback strengthened against the pound, with the British currency slipping 0.3% to $1.2557.

The post Stock Futures Rise Following CPI Inflation Data appeared first on theprimarymarket.com.

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Futures Hold Steady Following S&P 500’s Record Close https://theprimarymarket.com/futures-hold-steady-following-sp-500s-record-close/ Tue, 13 Feb 2024 06:20:00 +0000 https://theprimarymarket.com/?p=5078 U.S. equity futures remained stable on Monday, thereby sustaining gains after the S&P 500 closed at an all-time high last week, exceeding 5,000 for the first time. Futures across the S&P 500, Dow Jones Industrial Average, and the tech-heavy Nasdaq Composite index remained relatively unchanged. Stocks were largely driven upward last week due to the […]

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U.S. equity futures remained stable on Monday, thereby sustaining gains after the S&P 500 closed at an all-time high last week, exceeding 5,000 for the first time. Futures across the S&P 500, Dow Jones Industrial Average, and the tech-heavy Nasdaq Composite index remained relatively unchanged.

Stocks were largely driven upward last week due to the wave of incoming corporate earnings that largely exceeded Wall Street analysts’ expectations. Investors now await the next batch of corporate earnings this week, with the likes of Airbnb, Coca-Cola, John Deere, and Kraft Heinz headlining the incoming reports.

On Tuesday, the Consumer Price Index for January is set to be released, thus providing investors with their first insight this year into how low inflation is running. This report will provide a critical look at how the Federal Reserve may decide to approach its fiscal policy at its next meeting.

The post Futures Hold Steady Following S&P 500’s Record Close appeared first on theprimarymarket.com.

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Futures Fall Ahead of Fed Decision, Tech Earnings https://theprimarymarket.com/futures-fall-ahead-of-fed-decision-tech-earnings/ Tue, 30 Jan 2024 06:22:00 +0000 https://theprimarymarket.com/?p=5047 U.S. futures remained stagnant on Monday morning as investors braced themselves for the Federal Reserve’s policy decision due later this week along with a host of tech earnings. Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft are all set to report their earnings starting Tuesday, along with major firms outside of tech including Chevron, ExxonMobil, Qualcomm, […]

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U.S. futures remained stagnant on Monday morning as investors braced themselves for the Federal Reserve’s policy decision due later this week along with a host of tech earnings. Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft are all set to report their earnings starting Tuesday, along with major firms outside of tech including Chevron, ExxonMobil, Qualcomm, and Boeing.

Dow e-minis slipped 29 points, or 0.08% during Monday’s early trading, S&P 500 e-minis edged 1 point higher, or 0.02%, and Nasdaq 100 e-minis gained 34.5 points, or 0.2%.

“With the market at record highs and valuations near the upper-end of its range over the last 20 years, any disappointments from the MAGMAN (big tech) names will likely lead to increased volatility over the coming weeks,” Larry Adam, the chief investment officer of Private Client Group observed. Still, with the US economy exhibiting resilience amid cooling inflation, markets are largely expecting the Federal Reserve to introduce rate cuts in June, with some analysts anticipating cuts as soon as March.

The post Futures Fall Ahead of Fed Decision, Tech Earnings appeared first on theprimarymarket.com.

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U.S. Futures Rise, Extending S&P 500 Record https://theprimarymarket.com/u-s-futures-rise-extending-sp-500-record/ Tue, 23 Jan 2024 06:29:00 +0000 https://theprimarymarket.com/?p=5032 U.S. futures rose on Monday, thereby extending the record high achieved by the S&P 500 on Friday. The benchmark index surpassed its previous closing high of 4,796.56, thereby surging 35% since hitting a low point in October 2022. S&P 500 futures rose 0.3% on Monday morning, while those on the Nasdaq 100 advanced by 0.6%. […]

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U.S. futures rose on Monday, thereby extending the record high achieved by the S&P 500 on Friday. The benchmark index surpassed its previous closing high of 4,796.56, thereby surging 35% since hitting a low point in October 2022.

S&P 500 futures rose 0.3% on Monday morning, while those on the Nasdaq 100 advanced by 0.6%. Contracts listed on the Dow Jones Industrial Average posted a 0.2% gain. Across the pond, the Stoxx Europe 600 rose by 0.8% while the MSCI Asia Pacific Index edged 0.1% higher.

“We are heading into an environment where the economic slowdown seems to be more of a soft landing, at the same time we are talking about rate cuts,” Jun Bei Liu, a fund manager at Tribeca Investment Partners observed, suggesting that developments for equities are positive. Investors remain confident that the Federal Reserve will soon introduce interest rate cuts, even if later than initially hoped.

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ersion="1.0" encoding="UTF-8"?> futures Archives - theprimarymarket.com Tue, 09 Apr 2024 08:58:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 Futures Stall as Markets Await Fresh Inflation Data https://theprimarymarket.com/futures-stall-as-markets-await-fresh-inflation-data/ Mon, 08 Apr 2024 14:19:00 +0000 https://theprimarymarket.com/?p=5204 Futures on the New York Stock Exchange remained stagnant during early trading on Monday as investors cautiously await inflation data to be released later in the week. With the Consumer Price Index (CPI) set to be released on Wednesday, markets will be waiting to determine the likelihood of the Federal Reserve introducing interest rate cuts […]

The post Futures Stall as Markets Await Fresh Inflation Data appeared first on theprimarymarket.com.

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Futures on the New York Stock Exchange remained stagnant during early trading on Monday as investors cautiously await inflation data to be released later in the week. With the Consumer Price Index (CPI) set to be released on Wednesday, markets will be waiting to determine the likelihood of the Federal Reserve introducing interest rate cuts in the near future.

Contracts listed on the tech-heavy Nasdaq Composite index rose 0.3% higher, with futures on the S&P 500 and the Dow Jones Industrial Average rising marginally higher. The 10-year Treasury Yield rose to 4.45%, with 4.5% being viewed as a potential tipping point by some investors as it appears to be on track to return to last year’s highs.

Wednesday’s CPI report is expected to provide a deeper indication of whether the central bank will indeed consider implementing three rate cuts this year as previously mentioned by Fed Chair Jerome Powell. Investor anxiety was stoked last Thursday when Minneapolis Fed president Neel Kashkari claimed that the Fed may even forego interest rate cuts entirely this year depending on the trajectory of price pressures.

The post Futures Stall as Markets Await Fresh Inflation Data appeared first on theprimarymarket.com.

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U.S. Futures Idle as Investors Assess Federal Reserve Outlook https://theprimarymarket.com/u-s-futures-idle-as-investors-assess-federal-reserve-outlook/ Tue, 02 Apr 2024 07:59:00 +0000 https://theprimarymarket.com/?p=5197 Futures on the New York Stock Exchange remained largely unchanged on Tuesday as investors await further economic data and Federal Reserve Chair Jerome Powell’s address on Wednesday before recalibrating their hopes for interest rate cuts later in the year. Futures on the S&P 500 slipped by 0.1%, as did Nasdaq 100 contracts. March jobs data, […]

The post U.S. Futures Idle as Investors Assess Federal Reserve Outlook appeared first on theprimarymarket.com.

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Futures on the New York Stock Exchange remained largely unchanged on Tuesday as investors await further economic data and Federal Reserve Chair Jerome Powell’s address on Wednesday before recalibrating their hopes for interest rate cuts later in the year. Futures on the S&P 500 slipped by 0.1%, as did Nasdaq 100 contracts.

March jobs data, set to be released later this week is expected to show that employment has continued to rise this past month. While Powell is expected to provide more insight in Wednesday’s speech, he previously mentioned that Fed policymakers are awaiting further evidence to suggest that prices are being contained before introducing interest rate cuts.

Oil edged towards a five-month high as Middle East tension continues and Mexican supplies remain tight. West Texas Intermediate rose 0.6% to $84.25 per barrel. Spot gold traded 0.2% higher at $2,255.31 an ounce.

The post U.S. Futures Idle as Investors Assess Federal Reserve Outlook appeared first on theprimarymarket.com.

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Fed Sticks to Rate Cut Agenda, Sending Stocks Higher https://theprimarymarket.com/fed-sticks-to-rate-cut-agenda-sending-stocks-higher/ Thu, 21 Mar 2024 10:25:00 +0000 https://theprimarymarket.com/?p=5173 The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they maintain their agenda for introducing three rate cuts this year. This development had a significant effect […]

The post Fed Sticks to Rate Cut Agenda, Sending Stocks Higher appeared first on theprimarymarket.com.

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The Federal Reserve held its March meeting on Wednesday, keeping its interest rates unchanged. Fed Chair Jerome Powell announced later in the day that while officials would like to see more evidence of falling prices before taking action, they maintain their agenda for introducing three rate cuts this year.

This development had a significant effect on investor confidence, driving futures on the benchmark S&P 500 up by 0.4%. Futures on the Nasdaq 100 rose by as much as 0.8%, while contracts listed on the Dow Jones Industrial Average gained 0.3%. Across the Atlantic, the Stoxx Europe 600 advanced by 0.9%, while the MSCI Asia Pacific Index surged 2% higher.

“The Fed appears to have achieved a better balance around its dual mandate of price stability and maximum employment,” Banco Bilbao Vizcaya Argentaria analysts told clients in a written note. They added their expectation that the central bank would normalize its policy stance by June.

The post Fed Sticks to Rate Cut Agenda, Sending Stocks Higher appeared first on theprimarymarket.com.

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U.S. Stocks Rise Ahead of Fed Rate Decision https://theprimarymarket.com/u-s-stocks-rise-ahead-of-fed-rate-decision/ Mon, 18 Mar 2024 14:20:00 +0000 https://theprimarymarket.com/?p=5166 Stock futures rose on Monday as investors gear up for the Federal Reserve’s latest interest rate decision due later in the week. Futures on the S&P 500 rose by 0.3%, while those on the tech-heavy Nasdaq Composite gained 0.7%. Contracts listed on the Dow Jones Industrial remained relatively unchanged. Fed Chair Jerome Powell revealed that […]

The post U.S. Stocks Rise Ahead of Fed Rate Decision appeared first on theprimarymarket.com.

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Stock futures rose on Monday as investors gear up for the Federal Reserve’s latest interest rate decision due later in the week. Futures on the S&P 500 rose by 0.3%, while those on the tech-heavy Nasdaq Composite gained 0.7%. Contracts listed on the Dow Jones Industrial remained relatively unchanged.

Fed Chair Jerome Powell revealed that the U.S. central bank appears to be gaining the confidence to introduce interest rate cuts following the release of optimistic economic data. “The Fed may have less confidence on inflation than before, but it still has confidence in the disinflation trend,” Bank of America economists observed.

With attention remaining firmly on the US Federal Reserve, the Bank of Japan is also set to convene this week. It’s largely expected to bring an end to its negative-rate policy on Tuesday. The Bank of England is set to release its own interest rate policy decision later in the week as well.

The post U.S. Stocks Rise Ahead of Fed Rate Decision appeared first on theprimarymarket.com.

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Stocks Rise Following Relief Over Inflation Data https://theprimarymarket.com/stocks-rise-following-relief-over-inflation-data/ Fri, 01 Mar 2024 11:05:00 +0000 https://theprimarymarket.com/?p=5125 U.S. futures and European equities rose on Friday after the latest US PCE report largely met expectations, thereby doing little to rock the boat in terms of markets’ fears of an inflation resurgence and the pace at which the Federal Reserve introduces its interest rate cuts. “The data came as a relief for those who […]

The post Stocks Rise Following Relief Over Inflation Data appeared first on theprimarymarket.com.

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U.S. futures and European equities rose on Friday after the latest US PCE report largely met expectations, thereby doing little to rock the boat in terms of markets’ fears of an inflation resurgence and the pace at which the Federal Reserve introduces its interest rate cuts.

“The data came as a relief for those who were prepared for the worst,” noted Ipek Ozkardeskaya, senior analyst at Swissquote Bank.

Futures on the S&P 500 edged 0.1% higher, while those on the tech-heavy Nasdaq 100 gained 0.3%. Contracts listed on the Dow Jones Industrial Average remained little changed. Across the pond, the benchmark Stoxx Europe 600 index advanced by 0.5%, as did the MSCI Asia Pacific Index. The MSCI Emerging Markets Index gained 0.2%.

In Asia, the Japanese Nikkei 225 rose 1.9% to its strongest-ever close, edging close to the 40,000 mark. Bitcoin continued its recent rally, approaching the $62,000 mark amid rising demand from exchange-traded funds. BlackRock Inc.’s iShares Bitcoin Trust hit a record $612 million inflow.

The post Stocks Rise Following Relief Over Inflation Data appeared first on theprimarymarket.com.

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U.S. Futures Decline Ahead of Inflation Report https://theprimarymarket.com/u-s-futures-decline-ahead-of-inflation-report/ Thu, 29 Feb 2024 06:11:00 +0000 https://theprimarymarket.com/?p=5118 Futures on the New York Stock Exchange declined on Wednesday ahead of a crucial inflation report that is expected to provide insight into the Federal Reserve’s monetary policy, and in particular, the timing of its interest rate cuts. Contracts listed on the Dow Jones Industrial Average were down 0.3%, as were those on the benchmark […]

The post U.S. Futures Decline Ahead of Inflation Report appeared first on theprimarymarket.com.

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Futures on the New York Stock Exchange declined on Wednesday ahead of a crucial inflation report that is expected to provide insight into the Federal Reserve’s monetary policy, and in particular, the timing of its interest rate cuts.

Contracts listed on the Dow Jones Industrial Average were down 0.3%, as were those on the benchmark S&P 500, while those on the tech-heavy Nasdaq 100 were down by as much as 0.4%. Stocks have stagnated in the latter stages of February after reaching record levels, with the S&P 500 exceeding 5,000 for the first time in its history.

While the market received a major boost from the artificial intelligence boom, this was cut short as economic data suggested that inflation is remaining more stubborn than expected even amid signs of cooling. This has thus influenced market bets on when the Federal Reserve will introduce its first interest rate cut following its aggressive rate-hiking agenda.

The post U.S. Futures Decline Ahead of Inflation Report appeared first on theprimarymarket.com.

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Stock Futures Rise Following CPI Inflation Data https://theprimarymarket.com/stock-futures-rise-following-cpi-inflation-data/ Thu, 15 Feb 2024 06:49:00 +0000 https://theprimarymarket.com/?p=5084 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 rate cut by the Federal Reserve following its next policy meeting. […]

The post Stock Futures Rise Following CPI Inflation Data appeared first on theprimarymarket.com.

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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 rate cut by the Federal Reserve following its next policy meeting.

Futures listed on the S&P 500 rose by 0.2% during premarket trading in New York, while those on the Nasdaq 100 advanced by 0.4%. Contracts listed on the Dow Jones Industrial Average edged higher by 0.1%. In Europe, the Stoxx 600 gained 0.1% while the MSCI World index remained relatively stagnant.

The dollar remained steady after its gains in the previous session, with the Bloomberg Dollar Spot index remaining unchanged. The euro was also little changed at $1.0702, while the greenback strengthened against the pound, with the British currency slipping 0.3% to $1.2557.

The post Stock Futures Rise Following CPI Inflation Data appeared first on theprimarymarket.com.

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Futures Hold Steady Following S&P 500’s Record Close https://theprimarymarket.com/futures-hold-steady-following-sp-500s-record-close/ Tue, 13 Feb 2024 06:20:00 +0000 https://theprimarymarket.com/?p=5078 U.S. equity futures remained stable on Monday, thereby sustaining gains after the S&P 500 closed at an all-time high last week, exceeding 5,000 for the first time. Futures across the S&P 500, Dow Jones Industrial Average, and the tech-heavy Nasdaq Composite index remained relatively unchanged. Stocks were largely driven upward last week due to the […]

The post Futures Hold Steady Following S&P 500’s Record Close appeared first on theprimarymarket.com.

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U.S. equity futures remained stable on Monday, thereby sustaining gains after the S&P 500 closed at an all-time high last week, exceeding 5,000 for the first time. Futures across the S&P 500, Dow Jones Industrial Average, and the tech-heavy Nasdaq Composite index remained relatively unchanged.

Stocks were largely driven upward last week due to the wave of incoming corporate earnings that largely exceeded Wall Street analysts’ expectations. Investors now await the next batch of corporate earnings this week, with the likes of Airbnb, Coca-Cola, John Deere, and Kraft Heinz headlining the incoming reports.

On Tuesday, the Consumer Price Index for January is set to be released, thus providing investors with their first insight this year into how low inflation is running. This report will provide a critical look at how the Federal Reserve may decide to approach its fiscal policy at its next meeting.

The post Futures Hold Steady Following S&P 500’s Record Close appeared first on theprimarymarket.com.

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Futures Fall Ahead of Fed Decision, Tech Earnings https://theprimarymarket.com/futures-fall-ahead-of-fed-decision-tech-earnings/ Tue, 30 Jan 2024 06:22:00 +0000 https://theprimarymarket.com/?p=5047 U.S. futures remained stagnant on Monday morning as investors braced themselves for the Federal Reserve’s policy decision due later this week along with a host of tech earnings. Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft are all set to report their earnings starting Tuesday, along with major firms outside of tech including Chevron, ExxonMobil, Qualcomm, […]

The post Futures Fall Ahead of Fed Decision, Tech Earnings appeared first on theprimarymarket.com.

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U.S. futures remained stagnant on Monday morning as investors braced themselves for the Federal Reserve’s policy decision due later this week along with a host of tech earnings. Alphabet, Amazon.com, Apple, Meta Platforms, and Microsoft are all set to report their earnings starting Tuesday, along with major firms outside of tech including Chevron, ExxonMobil, Qualcomm, and Boeing.

Dow e-minis slipped 29 points, or 0.08% during Monday’s early trading, S&P 500 e-minis edged 1 point higher, or 0.02%, and Nasdaq 100 e-minis gained 34.5 points, or 0.2%.

“With the market at record highs and valuations near the upper-end of its range over the last 20 years, any disappointments from the MAGMAN (big tech) names will likely lead to increased volatility over the coming weeks,” Larry Adam, the chief investment officer of Private Client Group observed. Still, with the US economy exhibiting resilience amid cooling inflation, markets are largely expecting the Federal Reserve to introduce rate cuts in June, with some analysts anticipating cuts as soon as March.

The post Futures Fall Ahead of Fed Decision, Tech Earnings appeared first on theprimarymarket.com.

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U.S. Futures Rise, Extending S&P 500 Record https://theprimarymarket.com/u-s-futures-rise-extending-sp-500-record/ Tue, 23 Jan 2024 06:29:00 +0000 https://theprimarymarket.com/?p=5032 U.S. futures rose on Monday, thereby extending the record high achieved by the S&P 500 on Friday. The benchmark index surpassed its previous closing high of 4,796.56, thereby surging 35% since hitting a low point in October 2022. S&P 500 futures rose 0.3% on Monday morning, while those on the Nasdaq 100 advanced by 0.6%. […]

The post U.S. Futures Rise, Extending S&P 500 Record appeared first on theprimarymarket.com.

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U.S. futures rose on Monday, thereby extending the record high achieved by the S&P 500 on Friday. The benchmark index surpassed its previous closing high of 4,796.56, thereby surging 35% since hitting a low point in October 2022.

S&P 500 futures rose 0.3% on Monday morning, while those on the Nasdaq 100 advanced by 0.6%. Contracts listed on the Dow Jones Industrial Average posted a 0.2% gain. Across the pond, the Stoxx Europe 600 rose by 0.8% while the MSCI Asia Pacific Index edged 0.1% higher.

“We are heading into an environment where the economic slowdown seems to be more of a soft landing, at the same time we are talking about rate cuts,” Jun Bei Liu, a fund manager at Tribeca Investment Partners observed, suggesting that developments for equities are positive. Investors remain confident that the Federal Reserve will soon introduce interest rate cuts, even if later than initially hoped.

The post U.S. Futures Rise, Extending S&P 500 Record appeared first on theprimarymarket.com.

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