U.S. stock futures edge higher before tech earnings and data
U.S. stock futures edge higher early Tuesday as investors await Nvidia and other tech earnings, while also weighing new U.S. sanctions against Iran and incoming housing and consumer data.
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U.S. stock futures edge higher early Tuesday as investors await Nvidia and other tech earnings, while also weighing new U.S. sanctions against Iran and incoming housing and consumer data.
U.S. stocks were mostly lower by midday Monday, while the New York Fed’s Empire State Manufacturing Index rose to 20.6 in August from 15.6, above the 11 consensus.
LIF U.S. equity close Monday, Aug. 10: Dow Jones Industrial Average down 61.30 pts (-0.11%) to 53,975.63; S&P 500 down 4.62 pts (-0.06%) to 7,753.02; Nasdaq Composite down 85.26 pts (-0.32%) to 26,605.36.
Gold ripped 4% higher to $4,233.89 an ounce on Wednesday, its biggest one-day advance since February, as a soft private payrolls report and easing energy costs knocked down the odds of another Federal Reserve rate hike. ADP said private employers added just 44,000 jobs in July, the weakest in six months and well below