TORONTO – The Toronto stock market was lower Wednesday, pressured by resource stocks as oil and gold prices fell. However, investors were encouraged by strong earnings results. The S&P/TSX composite index gave back 54.71 points to 14,779.17. The Canadian dollar was down 0.27 of a cent to 80.35 cents US. U.S. indexes were mixed as Read More
Author: Dow Futures
THERE has been a sharp decline in US wheat futures this year, as the runaway US dollar impedes the ability of American grain exports to remain competitive. However, with the Australian dollar falling in this period, Australian grain prices have remained relatively steady over the same period, as favourable shifts in currency and firming Read More
NEW YORK – US stock index futures rose on Wednesday, boosted by earnings including from Apple and Boeing, while focus could shift later in the day to the Federal Reserve’s first two-day policy meeting of the year. * The Fed is expected to signal it remains on track to begin raising interest rates later this Read More
* Apple posts largest corporate profit in history * Yahoo unveils plan to spin off Alibaba stake * Futures up: Dow 13 pts, S&P 6 pts, Nasdaq 43 pts (Updates prices, adds comment) By Rodrigo Campos NEW YORK, Jan 28 (Reuters) – U.S. stocks were set to rise at the open on Wednesday, boosted by Read More
U.S. stock futures were higher Wednesday, helped by Apple ( AAPL ) beating earnings expectations and Yahoo ( YHOO ) announcing a spin-off of its remaining holdings in Alibaba Group ( BABA ) into a newly formed investment company. At 2:00 p.m. E.T., the U.S. Federal Reserve’s Federal Open Market Committee is expected to Read More
* Apple posts largest corporate profit in history * Yahoo unveils plan to spin off Alibaba stake * Futures up: Dow 36 pts, S&P 9 pts, Nasdaq 51 pts By Rodrigo Campos NEW YORK, Jan 28 (Reuters) – Dow Futures rose on Wednesday, boosted by earnings including from Apple and Boeing, while focus could shift Read More
LONDON (ShareCast) – Dow Futures pointed towards a lower open on Tuesday, as disappointing earnings weighed on the markets. The Dow Jones Industrial Average is expected to open around 275 points lower than Monday’s close while the S&P 500 and the Nasdaq are expected to begin the session 24 and 60 points lower respectively. The Read More
* Durable goods data sharply below expectations * New York City mostly spared of snow storm * Caterpillar, Microsoft shares slide after results * Futures down: Dow 195 pts, S&P 15 pts, Nasdaq 37 pts (Updates prices, adds data, comment) By Rodrigo Campos NEW YORK, Jan 27 (Reuters) – U.S. stocks were set to open Read More
LONDON (ShareCast) – 1203: Dow Futures are lower with the S&P 500 and Dow Jones trading down 0.6% in pre-market trade. With quarterly results from Microsoft (NasdaqGS: MSFT – news) underwhelming investors last night, markets are turning nervous ahead of earnings from Apple (NasdaqGS: AAPL – news) this evening. Reports that Taiwanese Apple supplier Foxconn Read More
* New York City mostly spared of snow storm * Caterpillar shares slide as low oil prices hurt profit * Microsoft shares tumble a day after results * Futures down: Dow 195 pts, S&P 15 pts, Nasdaq 37 pts (Updates prices, adds Caterpillar) By Rodrigo Campos NEW YORK, Jan 27 (Reuters) – Dow Futures fell Read More