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World markets are in the red to start the new trading week. Overseas, the Hang Seng fell 2.0%, while in Europe this morning, the Dax is down 1.0% and the FTSE is down 0.9%. US index futures are currently down
Today’s US employment numbers were very strong. US nonfarm payrolls were far above analyst expectations (517K vs street 185K) and just as importantly, last month’s number was revised upward (260K from previous 223K). Average hourly earnings (4.3% vs street 4.9%
Stock markets around the world are up this morning, building on yesterday afternoon’s late US market rally. Investors have reacted positively to central bank news and commentary over the last 24 hours. NASDAQ futures are up 1.4%, adding to yesterday
The strong finish to January that saw US indices climb 1.0%-1.7% yesterday continued overnight with the Hang Seng gaining 1.0%. Momentum has faded this morning, however, with the Dax up 0.3% and the FTSE up 0.2%, while US index futures
The last day of January finds world markets sluggish which could be a combination of month-end positioning and investors sitting on their hands awaiting tomorrow’s Fed decision. US index futures have clawed back some of their overnight losses, but they
The new trading week finds stocks in reverse, with US index futures down 0.5%-1.1%, giving back Friday’s US market gains of 0.0%-1.0%. In overseas action, the Hang Seng fell 2.75%, the Dax is down 0.5% and the FTSE is flat.
Intel (INTC) rocked the markets last night after it missed on earnings ($0.10 vs street $0.20), missed on sales ($14.0B vs street $14.5B), and forecast a $0.15 per share loss for Q1. Management blamed its struggles on customers reducing demand
Coming off of a day of digestion that saw US indices shrug off early losses and finish pretty much flat, US equities have been marching forward again this morning. NASDAQ futures are up 0.7% while Dow futures are up 0.2%.
With investors digesting a mixed round of earnings reports from North America, US index futures are down across the board with Dow futures falling 0.6% and NASDAQ futures diving 1.3%. In Europe today, the Dax is down 0.5% and the
Yesterday’s positive momentum which saw major US indices gain 0.75% to 2.0% yesterday has faded overnight and a moderate correction appears to be underway this morning with US index futures down 0.25% to 0.45%. Despite positive economic news, European markets
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