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☆ S&P 500 futures are little changed as investors parse latest earnings reports: Live updates
▼ + stars: | 2024-01-29 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

S&P 500 futures are near flat Monday night as investors analyzed the latest corporate earnings with the Federal Reserve policy meeting on the horizon. These moves follow a winning day on Wall Street that brought the Dow and S&P 500 to their sixth record closes of the year. Monday marked the start of a busy week for corporate earnings, with 19% of companies in the S&P 500 set to report. Of the nearly one-quarter of S&P 500 members that have already reported, about 72% exceeded Wall Street expectations, according to FactSet. Elsewhere on Tuesday, investors will follow Microsoft and Alphabet , two of the mega-cap technology names set to report earnings this week.

Persons: Keith Buchanan, We've Organizations: New York Stock Exchange, Federal Reserve, Nasdaq, Dow Jones Industrial, Whirlpool, Dow, Globalt Investments, U.S . Treasury Department, Federal, Microsoft, Apple, General Motors, UPS, Starbucks Locations: New York City, U.S

☆ GLOBALT Investments' Keith Buchanan on his top stock picks: WMT, LLY, JPM
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGLOBALT Investments' Keith Buchanan on his top stock picks: WMT, LLY, JPMKeith Buchanan, GLOBALT Investments senior portfolio manager, joins 'Squawk Box' to discuss his top stock picks, including Walmart, Eli Lilly, and JPMorgan Chase.

Persons: Keith Buchanan, JPM Keith Buchanan, Eli Lilly Organizations: GLOBALT Investments, Walmart, JPMorgan Chase

The S&P 500 climbed 0.12% to end the session at 4,467.44 points. The Nasdaq gained 0.29% to 13,813.59 points, while the Dow Jones Industrial Average declined 0.20% to 34,575.53 points. The S&P 500 consumer discretionary index (.SPLRCD) climbed 0.9%, lifted as Ford Motor (F.N) rallied 1.5% on the vehicle maker's plans to double the production of its hybrid F-150 pickup trucks in 2024. Declining stocks outnumbered rising ones within the S&P 500 (.AD.SPX) by a 1.5-to-one ratio. The S&P 500 posted 10 new highs and 11 new lows; the Nasdaq recorded 20 new highs and 199 new lows.

Persons: Victoria Fernandez, Raindrops, Mike Segar, that's, Keith Buchanan, Jane Fraser, Xpeng, Ankika Biswas, Shristi, Shubham Batra, Noel Randewich, Savio D'Souza, Vinay Dwivedi, Deepa Babington Organizations: Citi, Nasdaq, Dow, Federal Reserve, Microsoft, Dow Jones, Ford, Crossmark Global Investment, Wall, New York Stock Exchange, REUTERS, GLOBALT Investments, Reuters Graphics Reuters, Citigroup, European Commission, Sprit Airlines, Moderna, Thomson Locations: Manhattan, New York City , New York, U.S, Atlanta, Bengaluru, Oakland, Calif

Megacap growth stocks Tesla (TSLA.O), Meta Platforms (META.O), Microsoft (MSFT.O) and Amazon.com (AMZN.O) gained for much of the session. According to preliminary data, the S&P 500 (.SPX) gained 5.87 points, or 0.13%, to end at 4,467.77 points, while the Nasdaq Composite (.IXIC) gained 39.96 points, or 0.29%, to 13,813.59. Data showed consumer prices increased by the most in 14 months in August as gasoline prices surged, but the annual rise in underlying inflation was the smallest in nearly two years. Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Reuters Graphics Reuters GraphicsThe Fed is unlikely to cut rates before the April-June period next year, a Reuters poll showed.

Persons: Victoria Fernandez, Mike Segar, that's, Keith Buchanan, Jane Fraser, Xpeng, Ankika Biswas, Shristi, Shubham Batra, Noel Randewich, Savio D'Souza, Vinay Dwivedi, Deepa Babington Organizations: Citi, Federal Reserve, Microsoft, Apple, Nasdaq, Dow Jones, Ford, Crossmark Global Investment, Wall, New York Stock Exchange, REUTERS, GLOBALT Investments, Reuters Graphics Reuters, Citigroup, European Commission, Sprit, Moderna, Thomson Locations: Manhattan, New York City , New York, U.S, Atlanta, Bengaluru, Oakland, Calif

The Labor Department's report showed the August unemployment rate rose to 3.8% while wage growth slowed. The most traded stock in the S&P 500 was Tesla Inc , with $32.6 billion worth of shares exchanged during the session. For the week, the S&P 500 rose 2.50%, the Dow added 1.43% and the Nasdaq climbed 3.25%. Advancing issues outnumbered falling ones within the S&P 500 (.AD.SPX) by a 2.1-to-one ratio. The S&P 500 posted 28 new highs and 20 new lows; the Nasdaq recorded 84 new highs and 90 new lows.

Persons: Keith Buchanan, Walt Disney, Brendan McDermid, Lululemon, Rosalind Brewer, Shristi Achar, Noel Randewich, Sruthi Shankar, Shounak Dasgupta, Richard Chang Organizations: Dell, Nasdaq, Dow, Disney, Charter Communications, Labor, Federal Reserve, GLOBALT Investments, ESPN, Charter's, Warner Bros Discovery, Paramount Global, Fox Corp, Tesla Inc, New York Stock Exchange, REUTERS, Dow Jones, Broadcom, Dell Technologies, Walgreens Boots Alliance, Thomson Locations: Atlanta, U.S, New York City, Bengaluru, Oakland , California

☆ Stock futures are little changed as Wall Street looks beyond losing session: Live updates
▼ + stars: | 2023-08-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are near flat Tuesday night as investors came off a losing session that marked the latest leg down in an August slump. S&P 500 and Nasdaq 100 futures were also both little changed. The moves follow a losing session on Wall Street, with all three of the major indexes finishing more than 1% lower on Tuesday. Meanwhile, the S&P 500 ended the session below its 50-day moving average, which could signal a downturn ahead. The Nasdaq Composite and S&P 500 are on track to end 5% and 3.3% lower, respectively, while the Dow is slated to drop 1.7%.

Persons: Dow, Wells, Fitch, Neel Kashkari, Keith Buchanan, It's Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, JPMorgan, Bank of America, Minneapolis Federal, Regional Banking, Globalt Investments, Target, TJX Companies Locations: New York City, Cava, Wells Fargo, China

☆ Stock futures are little changed as Wall Street's busiest earnings week continues: Live updates
▼ + stars: | 2023-07-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures traded near the flat line Monday night as investors await a flood of corporate earnings reports. Futures linked to the S&P 500 and Nasdaq 100 futures each inched higher by 0.04%. The Dow rose 0.28%, while the S&P 500 and the Nasdaq Composite edged up 0.15% and 0.21%, respectively. In July, the S&P 500 and the Dow each gained more than 3%, while the tech-heavy Nasdaq advanced about 4.1%. More than 160 S&P 500 constituents are slated to report their latest quarterly results this week.

Persons: Dow, Keith Buchanan, Buchanan Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Globalt Investments, Pharmaceutical, Merck, Pfizer, Caterpillar

☆ Stock futures are down slightly on Monday evening after rally takes a breather: Live updates
▼ + stars: | 2023-06-05 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

S&P 500 and Nasdaq-100 futures slipped 0.1% and 0.2%, respectively. The Dow finished Monday down about 0.6%, while the S&P 500 and Nasdaq Composite lost about 0.2% and 0.1%, respectively. Elsewhere, bank stocks slid following news that regulators are contemplating increasing capital requirements for large banks. Goldman Sachs and Bank of America each lost about 0.6% on Monday, while Morgan Stanley slipped around 0.7% and JPMorgan shares slid nearly 1%. The SPDR S&P Bank ETF dropped about 2.2%.

Persons: Apple, —, Keith Buchanan, Goldman Sachs, Morgan Stanley Organizations: New York Stock Exchange, New York Stock, Dow Jones, Nasdaq, Dow, Big Tech, Intel, Apple, Globalt Investments, Bank of America, JPMorgan, P Bank Locations: New

Wall Street's main indexes climbed to session highs by early afternoon trading as shares of Tesla Inc (TSLA.O) extended gains to rise 3.9% after its annual shareholder meeting on Tuesday. U.S. regional banks rose, led by a 14.0% rise in Western Alliance Bancorp (WAL.N) as the lender's deposit growth exceeded $2 billion and brokerage Bank of America Global Research resumed coverage of the bank with a "buy" rating. The KBW Regional Banking Index (.KRX) jumped 5.4% after losing 1.8% in the previous session, while S&P 500 banks (.SPXBK) added 3.4%. The S&P 500 retail index (.SPXRT) rose 1.3%. The S&P index recorded 12 new 52-week highs and 14 new lows, while the Nasdaq recorded 46 new highs and 99 new lows.

☆ CNBC Daily Open: Markets are playing a waiting game
▼ + stars: | 2023-05-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. President Joe Biden, likewise, expressed optimism that a deal with Republicans to raise or suspend the debt ceiling could be reached. Biden will meet congressional leaders today to continue talks about the debt ceiling. Subscribe here to get this report sent directly to your inbox each morning before markets open.

☆ CNBC Daily Open: Investors are playing a waiting game
▼ + stars: | 2023-05-16 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. President Joe Biden, likewise, expressed optimism that a deal with Republicans to raise or suspend the debt ceiling could be reached. The S&P 500 added 0.3%, the Dow Jones Industrial Average gained 0.14% to snap a five-day losing streak and the Nasdaq Composite rose 0.66%. Biden will meet congressional leaders today to continue talks about the debt ceiling. Subscribe here to get this report sent directly to your inbox each morning before markets open.

Shares of PayPal Holdings (PYPL.O) dropped 12% and led declines on the benchmark S&P 500 index (.SPX) after the company cut its margin forecast. They were also among the top drags on the Nasdaq Composite index (.IXIC). Shares of other Apple suppliers including Qualcomm (QCOM.O), Broadcom (AVGO.O), Qorvo (QRVO.O) and Corning (GLW.N) fell between 1.2% to 2%. The action-packed week will see the release of the much-awaited inflation data on Wednesday. The S&P index recorded 13 new 52-week highs and 12 new lows, while the Nasdaq recorded 52 new highs and 130 new lows.

☆ Stock futures are flat Monday as March inflation reports loom ahead: Live updates
▼ + stars: | 2023-04-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures were little changed on Monday night as investors look toward the release of economic data later this week. Dow Jones Industrial Average futures ticked higher by 29 points, or 0.09%. And that can't be determined until we get those data points start coming in in real time. But I think that's what the market is waiting on," said Keith Buchanan, senior portfolio manager at GLOBALT Investments. Several central bank speakers will make appearances on Tuesday: Chicago Fed President Austan Goolsbee, Philadelphia Fed President Patrick Harker and Minneapolis Fed President Neel Kashkari will be speaking that afternoon and evening.

☆ S&P 500 futures are flat following a volatile session on Wall Street: Live updates
▼ + stars: | 2023-03-15 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

U.S. stock futures were mixed on Wednesday night after investor fears of a widespread banking crisis led to a volatile trading session. Dow Jones Industrial Average futures fell by 29 points, or 0.09%. S&P 500 futures were down just 0.03%, while Nasdaq 100 futures climbed 0.14%. During the regular trading session, the Dow at one point fell 725 points before ending the day down by 280.83 points, or 0.87% lower. The S&P 500 dropped 0.7%, and the tech-heavy Nasdaq Composite edged 0.05% higher.

☆ Stock futures slip after investors wrap up a losing February: Live updates
▼ + stars: | 2023-02-28 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Stock futures inched down as investors came off a losing month. Futures tied to the Dow Jones Industrial Average lost 70 points, or 0.2%. S&P 500 futures slid 0.3%, while Nasdaq-100 futures dipped 0.4%. Investors will watch for economic data on construction and manufacturing coming after the market opens Wednesday. Consumer-focused companies including Lowe's and Kohl's are set to report before the bell.

☆ This asset class is outperforming U.S. stocks in 2023, and you may be missing out
▼ + stars: | 2023-01-19 | by ( Ryan Ermey | ) www.cnbc.com time to read: +3 min

It's a continuation of a relatively strong 2022 in which foreign stocks shed 14.5% compared with an 18% loss for U.S. names . "International stocks are set up quite well," says Ross Mayfield, an investment strategy analyst at Baird Private Wealth Management. Investing experts point to a handful of factors that have boosted the performance of international stocks of late. "Now that it's come back down, it's relieved a lot of the pressure on international stocks." "The sector mix for international stocks is more compatible with the economy we've seen," says Mayfield.

☆ Stock futures are flat as investors digest Fed minutes, look ahead to labor data
▼ + stars: | 2023-01-04 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are flat Wednesday night as investors looked beyond the hawkishness of the Federal Reserve's meeting minutes released in the afternoon toward labor data coming later this week. Markets had been down early in the day on the back of a mixed bag of economic data, but stock rose into the closing bell. Investors have "wounds that are still fresh" following 2022, which brought the worst year for the stock market since 2008, said Keith Buchanan, a portfolio manager at GLOBALT Investments. He said investors are attempting to balance what each new piece of economic data or Fed commentary can indicate with broader concerns about the future. Since the report could have a big impact on the Fed's next moves, it has the potential to impact the market.

☆ Wall St ends firmer, growth stocks lead in thin trading
▼ + stars: | 2022-12-29 | by ( Echo Wang | ) www.reuters.com time to read: +3 min

All 11 S&P 500 sector indexes rose, with communication service (.SPLRCL) and technology (.SPLRCT) as the biggest winner with gains of nearly 3%. The Fed's aggressive interest rate hikes have hammered equities this year, with the benchmark S&P 500 (.SPX) shedding 19.3% and the tech-heavy Nasdaq tumbling nearly 33%. Tesla Inc (TSLA.O) shares rose after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness." For 2022, Tesla's 66% slump and Amazon.com's 50% drop played a big part in the S&P 500 consumer discretionary sector's 38% loss. The S&P 500 posted one new 52-week high and no new lows; the Nasdaq Composite recorded 75 new highs and 160 new lows.

Some top equity strategists predict no profit growth or even a decline in earnings. For the U.S. benchmark S&P 500, analysts project full-year 2023 profit growth of 4.7% following estimated growth of 5.7% for all of 2022, based on Refinitiv data. Jonathan Golub, chief U.S. equity strategist at Credit Suisse Securities in New York, recently lowered his profit forecast and expects a decline in year-over-year S&P 500 earnings in 2023. "Our analysis shows that both earnings and margins typically contract when global GDP (gross domestic product) growth ran below trend". Earnings breakdown by regionEarnings growth by global sectorBlackRock in its 2023 global outlook said earnings expectations are not yet pricing in a recession.

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