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Search resuls for: "Dylan Kremer"


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Stock futures were calm on Sunday evening ahead of the first trading day in June. Futures for the Dow Jones Industrial Average ticked up 25 points, or less than 0.1%. S&P 500 futures were flat, and Nasdaq 100 futures were down 0.1%. The Nasdaq fell 1.1% last week as chip stocks, including Nvidia , stumbled. The first week of June is brimming with economic updates, including manufacturing data on Monday and a key jobs report on Friday.
Persons: Dylan Kremer Organizations: Dow Jones, Nasdaq, Dow, Nvidia, Federal Reserve
Stock futures were flat on Wednesday evening as Wall Street looked to build on a modest rebound with key economic data on deck. Futures tied to the Dow Jones Industrial Average ticked down one point, or less than 0.1%. S&P 500 futures were little changed, and Nasdaq 100 futures dipped less than 0.1%. Stocks rallied on Wednesday but did not erase all of the losses from Tuesday's sell-off, which came on the heels of a hotter-than-expected inflation report. Fast-food company Shake Shack is scheduled to report earnings before the bell Thursday.
Persons: Stocks, Dylan Kremer, Tripadvisor Organizations: Dow Jones, Nasdaq, Federal Reserve, Investors, Cisco Locations: U.S, America
Stock futures were calm on Tuesday evening as Wall Street geared up for the latest interest rate decision and economic update from the Federal Reserve. S&P 500 futures and Nasdaq 100 futures ticked up less than 0.1% each. The muted moves come before the Federal Open Market Committee's policy decision, which is due out on Wednesday afternoon. Trading has been mostly quiet so far this week, seemingly on hold ahead of the Fed meeting. On Tuesday, the Dow shed just over 100 points, or 0.3%, while the S&P 500 and Nasdaq Composite dropped 0.2% each.
Persons: Jerome Powell, Dylan Kremer Organizations: Federal Reserve, Dow Jones, Nasdaq, Dow
Futures tied to the Dow Jones Industrial Average ticked higher by 6 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures oscillated near the flat line. The Nasdaq Composite added 0.6%, and S&P 500 closed higher by 0.9%. Roughly 85% of S&P 500 stocks have reported quarterly results, and nearly 80% of them have beaten Wall Street's expectations, according to FactSet. The inflation metric could put Wall Street's belief in a soft landing to the test.
Persons: Dow, Armour, Dylan Kremer, Dow Jones Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Technologies, Educational, Companies, United Parcel Service, Disney, Wynn Resorts
Lifted by gains in market heavyweights including increases in both Amazon (AMZN.O) and Tesla (TSLA.O), the S&P 500 has now recovered over 20% from its October 2022 lows. "The further out the October lows get in the rear view mirror, the more confident investors become. According to preliminary data, the S&P 500 (.SPX) gained 40.33 points, or 0.94%, to end at 4,339.19 points, while the Nasdaq Composite (.IXIC) gained 202.78 points, or 1.53%, to 13,461.92. The U.S. Labor Department's consumer price index reading on Tuesday is expected to show inflation cooled slightly in May, with core prices likely remaining sticky. Goldman Sachs on Friday raised its year-end price target for the benchmark S&P 500 (.SPX) to 4,500 from 4,000, citing the broadening of the market rally.
Persons: that's, Jake Dollarhide, Tesla, There's, Dylan Kremer, Goldman Sachs, Morgan, Shristi Achar, Sruthi Shankar, Noel Randewich, Vinay Dwivedi, Sriraj Kalluvila, David Gregorio Our Organizations: Nasdaq, Oracle, Longbow, Management, Dow Jones, U.S, Labor, Traders, Nasdaq Inc, FDA, Broadcom, Reuters, VMware, Thomson Locations: Tulsa , Oklahoma, megacap, Philadelphia, Bengaluru, Oakland, Calif
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