On February 9, Singapore Exchange (SGX) launched a new contract – MSCI Malaysia Index Futures and registered first day turnover of US$ 8 million. Trading activity was vibrant and came from diversified international participants such as Credit Suisse and Macquarie. Southeast Asia is one of the most rapidly-growing economic regions in the world. The growth Read More
Author: Dow Futures
NEW YORK: A robust US jobs report on Friday (Mar 6) sent the dollar soaring, driving a sell-off in the oil market that left the Dow Futures benchmark back below US$ 50 a barrel. West Texas Intermediate for delivery in April slid US$ 1.15 to US$ 49.61 on the New York Mercantile Exchange, ending near Read More
* Feb payrolls top expectations * International trade deficit narrows * Foot Locker climbs in premarket after results * Bank of America climbs after Fed stress tests * Futures off: Dow 45 pts, S&P 5.5 pts, Nasdaq 2 pts (Adds data, quote) By Chuck Mikolajczak NEW YORK, March 6 (Reuters) – U.S. stocks were poised Read More
LONDON (ShareCast) – Dow Futures fell after the release of the February non-farm payrolls report which smashed estimates on the headline front. Traders cite the strong release pushes rate hike expectations forward as the driver behind the decline in Dow Futures. After the release of the payrolls data, the S&P500 front month futures contract slid Read More
* Initial jobless claims climb more than expected * Factory orders data due * AbbVie to buy Pharmacyclics for about $ 21 bln * Costco climbs in premarket after results * Futures up: Dow 39 pts, S&P 4 pts, Nasdaq 9.75 pts (Adds claims data, ECB decision) By Chuck Mikolajczak NEW YORK, March 5 (Reuters) Read More
* Initial jobless claims, factory orders data due * AbbVie to buy Pharmacyclics for about $ 21 bln * Costco climbs in premarket after results * Futures up: Dow 30 pts, S&P 3.5 pts, Nasdaq 7.75 pts By Chuck Mikolajczak NEW YORK, March 5 (Reuters) – Dow Futures edged up on Thursday, after two days Read More
Ferguson policies targeted blacks, created toxic environment: U.S. attorney general By Lisa Lambert and Carey Gillam WASHINGTON/KANSAS CITY, Mo. (Reuters) – A U.S. probe found systemic racial bias targeted blacks and created a “toxic environment” in Ferguson, Missouri, but cleared a white officer in the fatal shooting of an unarmed black teenager there, Attorney General Read More
View photo . (Melia Robinson/Business Insider) Good morning. Via Dave Lutz at JonesTrading, here’s a super quick guide to what traders are talking about this morning. Morning! US Futures are retreating, led by a 50bp drop in the Russell, nearly a double from S&Ps early losses – so let’s watch today to see if that Read More
U.S. Supreme Court justices weigh challenge to Obamacare By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court heard arguments on Wednesday on a second major challenge to President Barack Obama’s healthcare law, but no clear majority was immediately apparent in the case that takes aim at a pivotal part of the statute providing tax Read More
LONDON (ShareCast) – US markets are set to open lower Wednesday following declines in European and Asian sessions as investors cut positions ahead of Thursday’s European Central Bank meeting and Friday’s US monthly jobs report. The S&P 500 front month futures contract is indicating a soft open on Wall Street, off 0.44% at 2108 while Read More