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U.S. stocks look set to open in the red on Monday, with futures of the Dow Jones, S&P 500 and Nasdaq 100 indices falling following Friday’s higher close. Geopolitical uncertainty continues to weigh on markets after Iranian officials declared that the Strait of Hormuz will not fully reopen until Washington meets seven c
Cipher Mining shares climbed after bitcoin rebounded toward $79,000, lifting crypto-linked miners. The stock was up 7.94% at $17.20 in Friday trading.
The University of Michigan’s preliminary September consumer sentiment index fell to 47.8 from 51.7 in August, the second-lowest reading in the survey’s history. Expectations dropped more sharply than current conditions, while year-ahead inflation expectations rose to 4.6%.
The University of Michigan's consumer sentiment index declined to 51 in early August from 55.2 in the previous month, missing market estimates of 54.5.
US 1-year inflation outlook falls to 4.2%
Current Conditions: 54.9 (est 48.7; prev 47.7) - Expectations: 54.0 (est 51.9; prev 50.7) - 1-Year Inflation: 4.2% (est 4.4%; prev 4.6%) - 5-10 Year Inflation: 3.3% (est 3.3%; prev 3.3%)
University of Michigan surveys of consumers sentiment prelim July 54.4 (consensus 51.0) vs final June 49.5 University of Michigan surveys of consumers 1-year inflation outlook prelim July 4.2% vs final June 4.6% University of Michigan surveys of consumers current conditions index prelim July 54.9 (consensus 48.7) vs fi
Nasdaq falls for fifth session amid decline in chip shares, with the Fear & Greed Index in 'Extreme Fear' zone.
Crude oil prices fall 4% to $69.05, while US consumer sentiment rises to 49.5 in June
Current Conditions: 47.7 (est 49.0; prev 48.4) - Expectations: 50.7 (est 49.6; prev 49.3) - 1-Year Inflation: 4.6% (est 4.6%; prev 4.6%) - 5-10 Year Inflation: 3.3% (est 3.3%; prev 3.4%)
Michigan Consumer Sentiment for June comes in at 49.5, beating the estimated 48.9