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US stock futures advanced as strong SpaceX earnings revived confidence in AI investment following recent concerns over valuations and funding pressures. S&P 500 futures rose 0.2%, while Nasdaq 100 contracts gained 0.4%. SpaceX surged 9% in premarket trading after strong growth in its AI and satellite internet businesse
Global stocks advanced as strong tech earnings revived confidence in the AI trade following last week's selloff, while oil climbed on renewed supply concerns. South Korea's Kospi rose 2.6% and Taiwan's Taiex gained 0.9%, supported by better-than-expected results from SpaceX and Super Micro Computer. SpaceX advanced 8.1
US stocks edged higher as investors remained cautious ahead of September CPI and a wave of corporate developments. S&P 500 futures rose 0.2%, while Treasuries and the Dollar were little changed. Money markets continued to price at least three 25 bps Fed rate hikes over the next 12 months, while Fed's Williams said one
US stock futures were little changed on Monday, with the S&P 500 hovering near record highs as investors weighed expectations for strong corporate earnings against escalating tensions in the Middle East. Brent crude fluctuated amid renewed concerns over Houthi attacks on Saudi Arabia from Yemen, while traders assessed
US stock futures advanced as oil prices retreated and concerns over the sustainability of AI investment eased. S&P 500 futures rose 0.4%, while Nasdaq 100 contracts gained 0.8%, signalling a potential rebound after two consecutive sessions of losses. An exchange-traded fund tracking chipmakers climbed 1.5% in premarket
Stock futures rose Friday as AI-related shares recovered and oil prices fell. The rebound followed Thursday's tech selloff, while investors also looked ahead to next week's earnings season and later U.S. consumer sentiment data.
Reuters market wrap says U.S. indexes were mixed, with the Nasdaq down about 0.9% and the S&P 500’s communication services sector weakest. It also noted the U.S. 10-year Treasury yield rose to about 5.26%, while Bitcoin fell more than 1% and gold slid about 4%.