S&P 500 futures rose in early trading, driven by a surge in Nvidia shares following the company's record revenue and optimistic guidance. Japan's Nikkei 225 hit a record high, propelled by strong earnings and investor-friendly measures. Additionally, shares of EV companies Lucid and Rivian dropped after reporting revenue misses and steep losses. Nvidia's Data Center business saw a remarkable 409% increase in fourth-quarter sales, driven by the success of its H100 graphics cards in powering generative artificial intelligence applications.
U.S. stock-index futures are trading lower as investors await earnings reports from big retailers like Walmart and Home Depot, as well as crucial results from Nvidia. The holiday-shortened week is starting on a cautious note, with potential catalysts including the release of the Federal Reserve’s minutes and economic updates. Nvidia's earnings, set to be released after Wednesday’s market close, are highly anticipated, with its performance likely to impact broader market sentiment.
S&P 500 futures show mixed movement as investors await U.S. inflation data, with S&P climbing 0.2% and Nasdaq-100 adding 0.6%, while Dow Jones slips 0.1%; market assesses U.S. economy direction after hotter-than-expected consumer price index data and decline in retail sales; DoorDash shares drop on wider-than-expected loss, while Trade Desk and Applied Materials see gains; China expert calls for clearer signals on policy easing, Japan's finance minister monitors yen's moves, and BlackRock's CIO expects solid equity returns; Coinbase, Applied Materials, and Toast see significant moves in after-hours trading.
S&P 500 futures bounced back after a two-day sell-off as investors await earnings reports from tech giants Apple, Amazon, and Meta. Disappointment over big tech earnings and uncertainty about the Federal Reserve's monetary policy trajectory have been driving market sentiment. Traders are closely watching the earnings releases and economic updates, while also considering the possibility of a delay in the Fed's rate cut.
S&P 500 futures remained largely unchanged after Federal Reserve Chair Jerome Powell indicated that a rate cut in March is unlikely, leading to a dismal day for major averages. Qualcomm shares slid despite beating earnings and revenue estimates, while Align Technology's stock surged after reporting strong fourth-quarter results. The Dow Jones Industrial Average fell 317 points, the S&P 500 slid 1.6%, and the Nasdaq Composite lost 2.2% following Powell's comments. Rate cut expectations for March decreased, with markets now pricing in a 36% chance, down from 40.4%, while the chances of a rate cut in May rose to 58%.
U.S. stock index futures are trading lower after a Samsung Electronics profit warning weighed on the technology sector, with S&P 500 futures dipping 0.4%. The dip follows a rally on Monday, driven by a brief drop in the 10-year Treasury yield and falling oil prices. Investors are eyeing upcoming inflation data and Fed speeches, while also considering the narrowed trade deficit and upcoming earnings season. Juniper Networks Inc. shares surged on reports of a potential acquisition, while Netflix Inc. shares dipped following a downgrade from Citi analysts.
S&P 500 futures and Nasdaq 100 futures inched higher after a breather in the recent market rally, with Micron's stock surging over 4% in postmarket trading following a strong earnings report. The previous day saw a drop in the S&P 500, Dow, and Nasdaq, marking their worst sessions since September and October, respectively. The market rally, which saw significant gains in major indices, may be experiencing a short-term consolidation phase as investors take profits. Investors are also keeping an eye on upcoming economic data and Nike's earnings report. Additionally, Warner Bros. Discovery and Paramount saw their stocks slide amid reported merger talks between the two companies.
S&P 500 futures were little changed as investors aimed to extend November's rally, with futures tied to the broad-market index inching lower. In after-hours trading, Cisco Systems dropped 11% after offering weak guidance, while Palo Alto Networks shed 5% due to a dismal forecast. The recent inflation data suggests the Federal Reserve may halt interest rate hikes, contributing to the market's positive sentiment. Hong Kong's Hang Seng index fell 1.81% after a previous session of gains. UBS expects the Fed to cut interest rates by 275 basis points next year. The U.S. and China have agreed to resume high-level military communication, with President Biden stating the need to ensure competition does not escalate into conflict. The major indexes are on track to finish the week higher, and Deutsche Bank warns that mega-cap banks could face challenges as rates fall. Goldman Sachs has released its official 2024 outlook.
S&P 500 futures were little changed as investors reacted to the quarterly results of tech giants Microsoft and Alphabet. Microsoft's shares rose after reporting stronger-than-expected results, driven by revenue growth in its Azure cloud segment. However, Alphabet's shares fell over 6% as its cloud business missed estimates, overshadowing its revenue growth and earnings beat. The Dow Jones Industrial Average futures gained, breaking a four-day losing streak, while the S&P 500 and Nasdaq Composite also saw gains. Traders are closely watching other key quarterly reports, including those from Boeing, IBM, and Meta. Additionally, concerns about a potential government shutdown next month were discussed, with experts suggesting that Wall Street would likely shrug it off.
S&P 500 futures and other U.S. stock futures slid as investor sentiment was impacted by an upsurge of violence in the Middle East, with Hamas attacking Israel. Concerns over a broader conflict and potential disruption of oil supplies from the region led to a risk-off mode in global markets. Traders sought havens such as gold, the U.S. dollar, and government bonds. While geopolitical risk may not have a long-lasting impact on markets, traders will soon shift their focus to monetary and corporate issues, including upcoming U.S. producer and consumer prices data, as well as the start of the third-quarter company earnings season.
S&P 500 futures edged slightly higher as Wall Street prepares for the final trading days of a weak month and quarter. The Dow Jones Industrial Average and Nasdaq 100 futures also saw slight gains. Micron Technology slid after offering weak earnings guidance, while Peloton Interactive jumped following news of a partnership with Lululemon. The 10-year U.S. Treasury yield hit a 15-year high, pressuring equities. The month and quarter are expected to end with losses for major indexes. Investors are watching economic data and negotiations on a U.S. spending bill, while European markets opened choppy and Australia's retail sales grew less than expected. Sea shares surged after Indonesia banned e-commerce transactions on social media platforms, impacting TikTok. Toyota plans to build a third car plant in India, and high yield bonds are seen as attractive but require caution.
S&P 500 futures dipped as concerns over the Federal Reserve's interest rate policy resurfaced, with investors worried about a potential rate hike this year. The broader market index futures declined 0.2%, while Nasdaq 100 futures fell 0.5%. The previous day, U.S. stock benchmarks sold off due to higher Treasury yields pressuring tech stocks and increasing concerns about inflation. Traders also analyzed corporate earnings, with C3.ai reporting lower-than-expected gross margin and GameStop reporting positive second-quarter results. Additionally, China's trade figures for August showed a smaller decline than expected, while Australia's trade surplus for July was lower than anticipated. A report by BMI predicted that India's consumer market would become the world's third-largest by 2027, driven by rising middle- to high-income households. West Texas crude oil futures reached their highest level for the year, with WTI crude trading at $88.08 per barrel.
S&P 500 futures opened little changed after another losing week for the major averages. Palo Alto Networks jumped 11% in extended trading after reporting earnings results that exceeded analysts' estimates. Chinese financial regulators discussed resolving local debt risks and adjusting policy for real estate loans. Chinese real estate company Country Garden Holdings will be removed from Hong Kong's Hang Seng Index, while pharmaceutical firm Sinopharm will be added. The People's Bank of China cut its one-year loan prime rate but left the five-year rate unchanged.
S&P 500 futures remained relatively unchanged in overnight trading, with Nasdaq-100 futures rising slightly and Dow Jones Industrial Average futures inching down. Homebuilder stocks, including D.R. Horton and Lennar, gained after Warren Buffett's Berkshire Hathaway revealed new positions in the companies. However, Discover Financial shares fell over 5% following the resignation of its CEO. The stock market rebounded on Monday after last week's selloff, with technology and semiconductor stocks leading the way. Wall Street is anticipating a busy earnings week for major retailers, as well as economic data on retail sales and housing market indicators.
Stocks are showing signs of recovery as general equities sentiment shifts, with tech stocks leading the way. Nasdaq futures are up 0.6% after being down 0.3% earlier, while S&P 500 futures and Dow futures are also up. European indices are also seeing gains. The question remains whether dip buyers will face losses again, as they did last week.
