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European cash markets finished higher: the Euro Stoxx 50 closed up 1.4 percent, the DAX closed up 1.35 percent, the CAC 40 closed up 1.06 percent and the FTSE 100 closed up 0.19 percent. UK volume leaders were Lloyds Banking Group up 1.32 percent, Barclays up 0.08 percent, BP up 1.87 percent, HSBC up 0.97 percent and S
3M reported adjusted EPS of $2.50, up 12% year over year and above the $2.39 estimate. Adjusted sales rose 4.2% to $6.6 billion, slightly below consensus, while the company raised its FY26 adjusted EPS guidance above estimates.
Citizens Financial Group reported third-quarter earnings of $1.41 per share, above the $1.38 analyst consensus. Revenue was $2.322 billion, below the $2.336 billion consensus.
M&T Bank reported third-quarter earnings of $5.08 per share and revenue of $2.536 billion, above analyst estimates of $4.96 per share and $2.533 billion, respectively.
U.S. producer prices rose 1.3% month over month in September, versus economists’ 0.5% estimate. Annual producer inflation accelerated to 6.3% from August’s revised 5.6%, the highest since December 2022.
Citi said Novo Nordisk's third-quarter sales could come in 1% above consensus, helped by a strong Wegovy pill launch in the U.K. The bank cut its target price to 296 kroner from 310 kroner and kept a neutral rating.
U.S. equity futures indicated a softer open as Treasury yields and oil prices climbed. The note also pointed to lower premarket trading in mega-cap and technology names.
European cash markets finished higher: the Euro Stoxx 50 closed up 0.48 percent, the DAX closed up 0.77 percent, the CAC 40 closed up 0.4 percent and the FTSE 100 closed up 0.42 percent. UK volume leaders were Lloyds Banking Group up 1.63 percent, BP down 0.41 percent, Barclays up 0.13 percent, HSBC up 0.9 percent and
U.S. stocks traded higher midway through trading, with the Dow Jones index surging around 350 points on Tuesday. The Dow traded up 0.69% to 51,622.17 while the NASDAQ jumped 0.79% to 27,694.08. The S&P 500 also rose, gaining, 0.86% to 7,840.48. Leading and Lagging Sectors Utilities shares jumped by 1.9% on Tuesday. In
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 100 points on Monday. The Dow traded up 0.20% to 51,277.22 while the NASDAQ jumped 0.84% to 27,418.49. The S&P 500 also rose, gaining, 0.62% to 7,770.45. Leading and Lagging Sectors Materials shares jumped by 1.2% on Monday. In tr
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining over 1% on Friday. The Dow traded up 0.45% to 51,157.95 while the NASDAQ jumped 1.27% to 27,212.06. The S&P 500 also rose, gaining, 0.79% to 7,726.77. Leading and Lagging Sectors Consumer discretionary shares jumped by 1.4% on Friday. I
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Friday. The Dow traded up 0.63% to 51,246.54 while the NASDAQ jumped 1.74% to 27,338.20. The S&P 500 also rose, gaining, 1.07% to 7,748.68. Leading and Lagging Sectors Consumer discretionary shares jumped by 1.9% on Friday.
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 100 points on Thursday. The Dow traded up 0.06% to 50,936.24 while the NASDAQ rose 0.37% to 26,960.69. The S&P 500 also rose, gaining, 0.30% to 7,674.30. Leading and Lagging Sectors Energy shares jumped by 1.3% on Thursday. In tr
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index falling over 200 points on Wednesday. The Dow traded down 0.42% to 51,135.81 while the NASDAQ rose 0.86% to 27,028.35. The S&P 500 also rose, gaining, 0.32% to 7,695.23. Leading and Lagging Sectors Information technology shares jumped by 1.2%
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining over 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.09% to 51,398.68 while the NASDAQ rose 0.48% to 26,926.89. The S&P 500 also rose, gaining, 0.27% to 7,691.35. Leading and Lagging Sectors Information techno
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U.S. stocks traded higher midway through trading, with the S&P 500 gaining over 1% on Monday. The Dow traded up 0.45% to 51,917.33 while the NASDAQ climbed 1.77% to 26,992.96. The S&P 500 also rose, gaining, 1.16% to 7,739.48. Leading and Lagging Sectors Communication services shares jumped by 3% on Monday. In trading
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 200 points on Monday. Following the market opening Monday, the Dow traded up 0.50% to 51,940.52 while the NASDAQ climbed 0.82% to 26,740.27. The S&P 500 also rose, gaining, 0.59% to 7,695.90. Leading and Lagging Sectors Communication services
U.S. pending home sales increased 0.3% month over month in August after a revised 2.6% decline in July. The reading compared with estimates for a 2.0% increase.
U.S. equities traded higher Thursday, with the Nasdaq up about 400 points and the S&P 500 and Dow also advancing. Initial jobless claims fell by 10,000 to 196,000 in the second week of September, versus estimates of 208,000.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.1% on Wednesday. The Dow traded down 0.07% to 52,058.51 while the NASDAQ climbed 0.72% to 26,168.28. The S&P 500 also rose, gaining, 0.33% to 7,610.98. Leading and Lagging Sectors Information technology shares jumped by 0.9% on W
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining more than 100 points on Wednesday. Following the market opening Wednesday, the Dow traded up 0.02% to 52,103.62 while the NASDAQ climbed 0.45% to 26,099.29. The S&P 500 also rose, gaining, 0.25% to 7,604.83. Leading and Lagging Sectors Uti
Kroger gained about 3% after reporting second-quarter adjusted earnings of $1.09 per share and sales of $34.621 billion, both above estimates.
The US economy created 162,000 jobs in August, above estimates of 56,000. Unemployment held at 4.1%, while average hourly earnings rose 0.3% month over month and 3.1% year over year.
The ISM services PMI surged to 55.4 in August from 54.1 previously, above the 54.3 market estimate and its strongest pace in six months.
U.S. factory orders rose 0.9% month-over-month in July, compared with estimates for a 0.7% gain.
Elastic shares rose 17% to $98.31 after the company reported better-than-expected first-quarter financial results and raised FY27 guidance.
The Chicago Business Barometer dipped to 47.1 in August from 57.6 previously, missing market estimates of 58.3.
Dollar General shares gained more than 5% after reporting second-quarter earnings of $2.23 per share on sales of $11.290 billion and raising FY26 guidance above estimates.
The Dow Jones fell more than 150 points Wednesday, while J.M. Smucker shares rose about 3% after better-than-expected first-quarter results and raised FY27 guidance above estimates.