Mixed Markets Digest Weak Earnings and Soft Flash PMI Reports

US index futures are mixed this morning with NASDAQ futures falling 0.3% as investors digest poor numbers from social media stocks, while Dow futures are up 0.2%. Over in Europe today, the Dax is up 0.3% while the FTSE is

Social Media Stocks Slammed By Snap Selloff

Picking up where major retailers left off last week, social media stocks are getting crushed in premarket action this morning. The catalyst for this selloff was poor earnings from Snap, parent of Snapchat, which announced last night that sales and

Opposing Employment Surprises; Social Media Stocks Strike Back

US equity markets appear poised to continue their declines as investors consider rising wage inflation and another mixed round of earnings reports. Dow futures are down over 200 points or 0.5% and NASDAQ futures have slipped into the red as

Mega Meta Miss Meltdown and UK Rate Hike Drag Markets Downward

The market rebound of the last few days appears to have run out of gas. Although US indices finished with gains of 0.5% to 1.0%, there were cracks with Alphabet failing to close above its previous highs near $3,000 and

Social Media Earnings, Flash PMI and Retail Sales In The Spotlight

Stock markets around the world continue to rebound this morning with investors responding positively to earnings reports and economic news. US index futures are up 0.3%-0.5%, while the FTSE is up 0.8% and the Dax is up 1.0%. Oil is