US stock index futures edge higher as oil slips
US stock index futures rose slightly on Friday as oil prices fell after eased Middle East supply concerns, while telecoms stocks stayed under pressure tied to SpaceX spectrum acquisition concerns.
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US stock index futures rose slightly on Friday as oil prices fell after eased Middle East supply concerns, while telecoms stocks stayed under pressure tied to SpaceX spectrum acquisition concerns.
U.S. stocks slipped by midday Thursday as oil surged more than 5% on fresh Persian Gulf tanker attacks, while Treasury yields climbed back toward their highest levels since 2002 and the Federal Reserve’s hawkish minutes kept rate-hike bets alive. President Donald Trump said he no longer wants a deal with Iran, while no
Bitcoin edged lower to about $85,600 per token as U.S. stocks closed higher and Treasury yields fell. The move is a market update without a specific catalyst in the article.
The S&P 500 slipped at midday Thursday as Micron Technology Inc. (NASDAQ: MU ) fell 1.6% despite a record quarter, with the 10-year Treasury yield hovering near 5.25% and oil climbing back above $92. Micron reported fiscal fourth-quarter revenue above $54 billion and guided first-quarter revenue to $61.5 billion, but t
August PCE inflation rose 0.3% month-on-month and 3.4% year-on-year, below expectations. Core PCE rose 0.2% monthly and 3.3% annually, also cooler than predicted. Second-quarter GDP was revised up to a 2.2% annualized rate, while September private sector jobs added by ADP surged to 90,000, exceeding forecasts.
Major U.S. stock indexes traded higher as a softer-than-expected PCE inflation report increased hopes the Federal Reserve might hold off on further rate hikes. Headline PCE rose 0.3% in August, below forecasts, while core PCE rose 0.2%.
Reuters Asia morning markets round-up for Sept. 30 showed global equities mostly lower, with major bond yields elevated and currencies mixed. Gold rose 1% after a recent low, while Brent crude fell.
ASX 200 futures rose 0.2%, while New Zealand's S&P/NZX 50 fell 0.3% in early trade.
Bank of America analysts said higher borrowing costs have yet to attract a broad enough buyer base for US Treasuries. They cited bearish positioning, bank selling and outflows from long-duration bond funds.
U.S. stock futures were mixed on Tuesday, as the Dow Jones and S&P 500 indices rose and the Nasdaq 100 index fell, following Monday’s higher close. U.S. Treasury Secretary Scott Bessent announced that Iranian airlines will be "shut down" worldwide by Wednesday, warning foreign entities that providing fuel or landing se
European session reporting shows U.S. index futures firm, with S&P 500 up 0.21% and Nasdaq 100 up 0.53%, while EUR/USD slips 0.06% and WTI falls 0.66%.
Canada stock-index futures edge lower on Tuesday amid rising global bond yields, Middle East uncertainty, and energy/trade-driven macro concerns, while oil rises, gold slips, and home sales undershoot expectations.
U.S. stock futures were mixed on Monday, as the Dow Jones index advanced, while the Nasdaq 100 and S&P 500 indices fell, following Friday’s higher close. Late Sunday, global markets turned cautious after the U.S. launched another round of strikes against Iran, fueling a rally in crude oil prices and weighing on U.S. st