A batch of inflation data this week did not provide justification for the Federal Reserve to adopt a more hawkish position on interest rates at its September meeting, analysts suggest. In a note to clients, the analysts highlighted that underlying U.S. consumer price growth is trending down and oil prices are likely to moderate from Read More
Dow Futures remain largely stable, fluctuating around the neutral point. Artificial intelligence chip gear supplier Applied Materials provides robust fourth-quarter revenue guidance; however, the stock faces heightened expectations from Wall Street. Meanwhile, shares of Semiconductor Manufacturing International Corp experienced a notable increase following the Chinese chip foundry’s announcement of a significant rise in second-quarter revenue Read More
Dow Futures show a slight increase, as market participants anticipate a fresh set of crucial inflation metrics and upcoming corporate earnings reports. Cisco Systems shares experienced a decline in after-hours trading, as the networking equipment provider’s robust earnings driven by artificial intelligence faced high expectations. Meanwhile, AI chip gear supplier Applied Materials is set to Read More
Dow Futures indicate an upward trend in anticipation of significant inflation data for July. Analysts suggest that the figures may provide a framework for understanding the narrative surrounding central bank interest rate decisions in the upcoming months. Shares of the cloud-computing firm CoreWeave has experienced a spike in revenue, driven by the burgeoning demand for Read More
Dow Futures remain subdued following a recent increase in oil prices that negatively impacted sentiment in the previous session. U.S. President Donald Trump dismisses Iranian demands for war reparations, further undermining prospects for an immediate resolution in the conflict. Shares of Riot Platforms experience a significant increase in after-hours trading subsequent to the announcement of Read More
Futures associated with the benchmark S&P 500 and the tech-heavy Nasdaq 100 are both indicating an upward trajectory. After Tehran outlined a number of demands it claims must be fulfilled before it agrees to open the Strait of Hormuz, hopes for an impending agreement to end the Iran War were further dashed. Greg Abel, CEO Read More
The U.S. economy experienced an unexpected decline of 23,000 jobs in July, with significant downward revisions to gains from the previous two months, potentially undermining expectations for an interest rate hike by the Federal Reserve in the near future. Analysts had projected an increase in nonfarm payrolls of 85,000 for the previous month. Over the Read More
Dow Futures remain near unchanged levels, as traders brace for essential job market data anticipated to illustrate a robust, albeit somewhat lacklustre, American labour market. Elsewhere, a new assault by Houthi militants on Saudi Arabia intensifies concerns regarding an expanding conflict in the Middle East, while reports indicate that Iran and Oman are nearing a Read More
Dow Futures fluctuate around the neutral point, as discussions regarding a new Middle East peace initiative and a series of corporate earnings reports capture attention. U.S. President Donald Trump asserts that discussions with Iran are advancing positively, while Iran and Oman have reached an agreement on the coordinates of a shipping route through the Strait Read More
Dow Futures inch up, as investors maintain a cautious optimism for a sustainable resolution in the Middle East conflict. Shares of SpaceX and Advanced Micro Devices experienced a decline in premarket trading, as traders analysed remarks made by Elon Musk that influenced both equities. Elsewhere, shares of Novo Nordisk listed in Copenhagen decline following sales Read More
