DOW Futures indicate a positive trajectory, as investors appear to dismiss the uncertainties surrounding a prolonged U.S. government shutdown, which is expected to result in the delay of important economic data releases. Markets will have to rely on a private measure of services sector activity. In other developments, shares of chip equipment manufacturer Applied Materials Read More
Dow futures indicate a predominantly upward trajectory, as disappointing private-payrolls data enhances expectations for forthcoming interest rate cuts by the Federal Reserve. However, overall sentiment is still overshadowed by the ongoing U.S. government shutdown. OpenAI, the creator of ChatGPT, has reportedly achieved a valuation of $500 billion following a recent secondary share sale, positioning it Read More
Dow futures experienced a significant decline on Wednesday following the U.S. government’s decision to halt operations, which led to increased demand for safe haven gold as investors expressed concerns regarding the possible impact on economic growth. Nike, however, presented some positive developments as its turnaround strategy seemed to yield results in the first quarter. The Read More
Dow futures are experiencing a slight decline, as focus remains on Congressional lawmakers engaged in a contentious policy dispute just hours ahead of a potential federal government shutdown. A meeting involving leaders from both the Republican and Democratic parties, along with President Donald Trump, does not yield any significant progress, exacerbating an already uncertain economic Read More
Dow futures are showing a slight increase as the trading week approaches, which is anticipated to present significant economic data alongside potential turmoil regarding a federal government shutdown. The monthly nonfarm payrolls report has the potential to provide valuable insights into the American labor market, which may influence the Federal Reserve’s monetary policy decisions in Read More
Shares of Intel and GlobalFoundries experienced an uptick in U.S. trading on Friday, following a report indicating that the Trump administration is considering measures to significantly reduce U.S. dependence on semiconductor imports by enhancing domestic manufacturing capabilities. At 10:32 AM, Intel experienced an increase of approximately 2.7%, whereas GlobalFoundries saw a rise of 5.6%. European Read More
Dow Futures show a slight increase as the market anticipates the release of a significant inflation report, which may influence Federal Reserve policymakers’ outlook on the trajectory of interest rates for the remainder of the year. President Donald Trump has announced a new set of tariffs, which include duties on branded or patented pharmaceuticals. Reports Read More
Dow futures exhibit a subdued stance in anticipation of a series of crucial economic indicators, as investors strive to decipher the Federal Reserve’s path regarding interest rates. Accenture and Jabil are poised to report a series of earnings prior to the market’s opening, while President Donald Trump is allegedly preparing to sign an executive order Read More
Dow futures remain near the flatline, as attention turns to remarks from Federal Reserve Chair Jerome Powell and the earnings report from semiconductor company Micron. Powell presents an ambiguous perspective on the future direction of interest rates, with the forecast obscured by weak employment figures and persistently high inflation. Micron’s forecast for the current quarter Read More
Dow futures remained near the flatline as investors awaited significant earnings reports from chipmaker Micron, alongside a series of addresses from Federal Reserve officials. Sentiment surrounding Micron appears optimistic as it approaches the upcoming figures, driven by robust anticipated demand for its processors utilized in artificial intelligence infrastructure. In the interim, an initial assessment of Read More
