Tag: S&P 500

U.S. futures edged higher on Thursday following bets that the Federal Reserve would cut interest rates in the near term. In contrast, European stocks slipped following persisting policy tightening moves in the region. Contracts on the S&P 500 were up 0.5% during the morning session,...

U.S. stocks wavered on Tuesday morning as investors await the Federal Reserve's interest rate decision as its two-day policy meeting continues. The decision, which is due to be announced on Wednesday, is expected to either be a 25 basis point hike or no move...

U.S. stocks fell on Monday following the news that UBS Group AG has closed a deal to purchase the struggling Credit Suisse investment bank. The state-backed takeover is worth over $3 billion. "This acquisition is attractive for UBS shareholders but, let us be clear, as...

U.S. stocks started the week on a somber note after suffering the aftereffects of the collapse of Silicon Valley Bank. U.S. regulators took control of SVB on Friday in a move to limit the effect of the tech-focused bank's failure. The S&P 500 declined by...

Shares in U.S. banks broadly declined on Friday with the failure of SVB Financial Group hitting the industry as a whole. The California banking regulator closed Silicon Valley Bank, with the company's stock being halted on Friday. The closure of SVB Financial Group has become...

U.S. stocks advanced on Friday morning following the release of February's better-than-expected jobs report. Futures on the S&P 500 edged higher by 0.1%, while those tied to the Nasdaq Composite were up 0.4%. Contracts on the Dow Jones Industrial Average remained relatively unchanged. Bond yields...