Stock index futures extended their losses early on Monday, mirroring a selloff in Asian and European stocks on mounting worries the equities' recent surge had run ahead of the global economic recovery.
The Commodity Futures Trading Commission held the last of a three hearings on Wednesday apparently approving the imposition of hard limits on speculators in energy markets, Dow Jones reports.
Stock index futures pointed to a higher open on Wall Street on Monday, tracking gains in Asia and Europe on mounting hopes that the global recession is abating.
Stock index futures pointed to a lower start on Tuesday as Wall Street reopens following a long weekend, with investors rattled by mounting tensions surrounding North Korea.
Stock index futures pointed to a lower start on Tuesday as Wall Street reopens following a long weekend, with investors rattled by mounting tensions surrounding North Korea.
Stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
U.S. stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
U.S. stock index futures traded lower, suggesting a weaker start for Wall Street later on Monday as worries linked to a global swine flu outbreak added to U.S. bank stress-test jitters.
The number of newly laid off U.S. workers filing claims for unemployment aid rose last week and sales of previously owned homes fell in March, according to data on Thursday that showed the economy still sliding downward.
Nestle, the world's biggest food group, reported first-quarter sales down 2.1 percent as a strong Swiss franc and a late Easter weighed, but said strong brands should help it meet its full-year target.
U.S. stock index futures pointed to a lower open on Wall Street on Friday following the previous session's strong gains, with futures for the S&P 500 down 0.6 percent, Dow Jones futures down 0.6 percent and Nasdaq 100 futures down 0.7 percent at 1000 GMT (6 a.m. EDT).
U.S. corporate profits plunged a record $120.1 billion in the fourth quarter as the economy shrank at its fastest pace since 1982, depressed by a slump in consumer spending and exports, government data showed on Thursday.
- Stock index futures pointed to a lower open on Wall Street on Tuesday, as the market reopens after a long holiday weekend, with investors bracing for quarterly results from retail behemoth Wal-Mart .
At 4:48 a.m. EST, futures for the S&P 500 were down 2.1 percent, Dow Jones futures were down 1.8 percent and Nasdaq 100 futures were down 1.9 percent.
Wal-Mart, the world's bigg...
- The FOMC decided today to leave unchanged its funds rate at 0.25% as industrial production, housing starts and employment have continued to decline steeply, as consumers and businesses have cut back spending, as well as the Committee expects that inflation pressures will remain subdued in coming quarters. FOMC expects a gradual recovery in economic activity will begin later this year.Fed is prepared to buy longer-term Treasury securities if evolving circumstances indicate such transactions would be particularly effective in improving conditions in private credit markets. US Government will continue purchasing large quantities of agency debt and mortgage-backed securities to provide support to the mortgage and housing markets.USD and Dow Jones reacted positively. Wall Street is growing above 8,350 pts, winning 177 points today. EURUSD is falling quickly after the FED decision, touching the 1.3105, the low of the day. USDJPY is climbing up to 90.75, the session's high.According to Nick Nasad, analyst at CMS Forex: I think risk appetite is fueling a bit the Dollar strength, which seems sort of paradoxal in terms of the EUR/USD, but from the way price action was behaving the last two session, the EUR/USD looked ready for a dip... the EUR/USD is responding with a knee-jerk Dollar strength as well as the USD/JPY.
Crude prices rose to $111 on Wednesday as the government reported crude, gasoline and distillate fuel stockpiles in the U.S. dropped larger than expected last week.
Wall Street ended higher on Wednesday after a choppy session, helped by gains in technology shares after Hewlett-Packard Co posted higher-than-expected earnings.
U.S. wheat dropped on Wednesday as traders awaited agricultural reports due this week that will update the status of the U.S. and global crop production and stockpiles.
The dollar fell against major currencies on Tuesday amid concerns about company earnings, a lower U.S. market, an interest rate cut in Canada and the latest address from the Federal Reserve.
US stocks surged on Wednesday as all three major indexes climbed more than 2 percent and Dow Jones industrials rose more than 200 points for the second consecutive day. The climb came after a Federal Reserve official hinted that it may lower interest rates.
Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve's aggressive interest rate cut that eased fears over the outlook for the economy.
U.S. index futures pointed to a firmer start on Wall Street on Monday, building on gains in the previous session after the Federal Reserve cut the discount rate it charges banks, and with little scheduled news on the agenda.
Belgian-Dutch financial services group Fortis reported a 16 percent year-on-year rise in second-quarter net profit on Thursday, beating analysts' expectations due to strong banking results.
Stock futures eased on Friday suggesting a fall on Wall Street after the Federal Reserve kept interest rates unchanged on Thursday but flagged persistent price pressures, reducing the chances of a rate cut.
