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US Stocks Poised To Gain A Day After Tech Stocks Dragged Nasdaq Down: Analyst Calls Markets 'Overly Optimistic' As S&P 500 Trades At 23x Forward Earnings
Tuesday, January 14, 2025 - 7:23am | 1523U.S. stock futures advanced on Tuesday following Monday’s mixed close. Futures of all four major indices rose in premarket trade. Technology stocks dragged the Nasdaq down on Monday, whereas Dow Jones which has the least number of tech constituents rose in trade. Members of President-elect...
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US Stocks Could Open On A Tentative Note; Nvidia, AMD And Toyota On Investors' Radar: Experts Flag Over Reliance On AI, Tech Stocks
Tuesday, January 7, 2025 - 9:00am | 1294U.S. stocks could open on a tentative note on Tuesday after the averages closed on a mixed note on Monday. Despite a rally in AI stocks and chip-making companies, futures were mixed on Tuesday, pointing at cautiousness among investors. On investors' radar will be AI bellwether Nvidia Corp. (NASDAQ:...
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US Stocks Likely To Open Higher After Plunging On Powell's Hawkish Comments: Analyst Calls It A 'Healthy' Reaction From An 'Overly Optimistic' Market
Thursday, December 19, 2024 - 8:21am | 1679U.S. stock futures climbed on Thursday in premarket hours after the indices declined in the previous session following a hawkish cut from the Federal Reserve. The futures of all four major indices were trading higher. The 10-year and two-year Treasury notes yielded 4.54% and 4.32%, respectively. On...
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Wharton's Jeremy Siegel Calls Stock Sell-Off A 'Healthy' Reality Check: 'Market Was Overly Optimistic'
Thursday, December 19, 2024 - 5:11am | 659Jeremy Siegel, professor emeritus at the University of Pennsylvania’s Wharton School, described the stock market’s recent downturn as a “healthy” reaction to the Federal Reserve’s cautious approach to future interest rate cuts. What Happened: The Federal Reserve’...
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US Stocks Likely To Open Lower As Traders Await Slew Of Data: US-Listed Chinese Stocks In Focus Following Stimulus Pledge
Tuesday, December 10, 2024 - 7:07am | 1591U.S. stock futures declined on Tuesday in premarket hours and the dollar rose to 106.357 level. The 10-year and two-year Treasury notes yielded 4.21% and 4.13%, respectively. Expectations of a further 25 basis point rate cut in December increased to 86.1% from 72.9% a week ago, according to CME...
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US Stocks May Have A Slow Start As Trump's Tariff Threat Begins To Thwart Relief Rally: Analysts Remain Optimistic About AI-Linked Sectors Stocks
Tuesday, November 26, 2024 - 8:06am | 1319U.S. stocks could open on a sluggish note on Tuesday after ending in green on Monday as President-elect Donald Trump threatened to hit two of U.S.’s largest trading partners – Canada and Mexico – with tariffs. The Dollar Index strengthened and was hovering around the 107 level....
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US Stocks Likely To Open In Red Amid Mounting Geopolitical Tensions: Wharton Economist Says Market Trajectory Will 'Heavily Depend' On Trump's Tariff Plans
Tuesday, November 19, 2024 - 7:35am | 1332U.S. stocks could open on a negative note on Tuesday after the averages maintained a cautious stance last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. Economic data and Federal Reserve chair Jerome Powell's comments about...
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US Futures Marginally Up As Investors Process Inflation Data Ahead Of Jerome Powell's Speech On Economy: Expert Says Fed Should 'Continue Recalibrating To Neutral' On Softer Inflation
Thursday, November 14, 2024 - 7:28am | 1354U.S. stocks could open on a tentative note on Thursday after the averages scaled record highs last week. Futures of all three major indices were slightly up as investors processed the crucial Consumer Price Index (CPI) data released on Wednesday. After scaling a peak of 44,000 on Monday, Dow Jones...
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S&P 500, Dow Futures Dip As Investors Brace For Key Inflation Data: Expert Says 'Strong Productivity' Will Cap Inflation Despite Fed's Rate Cuts
Wednesday, November 13, 2024 - 7:31am | 1346U.S. stocks could open on a negative note on Wednesday after the averages scaled record highs last week. Futures of all three major indices were slightly down as investors await the crucial Consumer Price Index (CPI) print scheduled to be released on Wednesday. Nasdaq, S&P 500, and Dow Jones...
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Wall Street Futures Show Weakness As Investors Look To Lock In Gains After Strong Post-Election Rally: 'Bull Market Sentiment Remains Intact,' Says Wharton Economist
Tuesday, November 12, 2024 - 7:41am | 1216U.S. stocks could open on a negative note on Tuesday after the averages scaled record highs last week. Futures of all three major indices were slightly down on Tuesday, pointing to a cautious sentiment on Wall Street. The three major indices surged over 4% last week after the GOP sweep and the...
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Trump Is The 'Most Pro-Stock Market President,' Says Wharton Professor Jeremy Siegel
Tuesday, November 12, 2024 - 3:26am | 588President-elect Donald Trump‘s pro-business policies could potentially drive the stock market to unprecedented levels, according to Jeremy Siegel, a finance professor at the Wharton School of the University of Pennsylvania. What Happened: Siegel, speaking on CNBC’s “Squawk Box,...
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Dow, Nasdaq Futures Race Higher As Trump Wins White House: DJT, Tesla Shares Surge — Veteran Investor Predicts US Economy Could 'Take Off'
Wednesday, November 6, 2024 - 7:46am | 1544U.S. stocks could witness a strong opening on Wednesday after former President Donald Trump emerged victorious after a long-drawn battle with Joe Biden and Kamala Harris. With Trump returning as the U.S. President, futures of all three major indices were strongly in the green on Wednesday, pointing...
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Republican Win Likely To Lift Magnificent 7 Stocks, Democratic Sweep 'Better For Bonds,' Says WisdomTree
Tuesday, November 5, 2024 - 12:11pm | 1025Investors are zeroing in on what potential political outcomes in the U.S. elections Tuesday could mean for the markets. WisdomTree's Global CIO, Jeremy Schwartz and Senior Economist Jeremy Siegel have shared insights on how a Republican or Democratic win could shape sectors across both the equity...
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US Stocks Set For Cautious Start As Investors Brace For Volatility On Election Day: Expert Points To 'Pretty Well Overall' Historical Performance
Tuesday, November 5, 2024 - 7:38am | 1198U.S. stocks could open on a tentative note on Tuesday after the averages registered a mixed October. Futures of all three major indices were slightly up on Tuesday, pointing to a cautious sentiment on Wall Street. While the S&P 500 and Dow Jones snapped their six-week winning streak, the Nasdaq...
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US Stocks Likely To Open Higher After 'Mag 7' Wrap Up Busy Week, Apple, Amazon And Intel On Radar: Investors Eye Monthly Jobs Report, Economist Says Earnings Won't Trump Bonds
Friday, November 1, 2024 - 7:20am | 1269Investors on Wall Street could see some respite after major indices registered a downbeat session on Thursday. Index futures point to a positive start on Friday, ahead of the crucial monthly report on jobs data. Thursday was a busy day as far as tech earnings are concerned, with Apple Inc. (NASDAQ:...