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On Friday, Wall Street futures actually pointed to a flat to lower start because American equities were brace for taking another breather at record peaks, with the Nasdaq reportedly intending to break a 10-day winning streak, which is its best outcome since February 2015. It’s because market participants are ready to price in big moves on earnings. They’re also awaiting a bunch of outcomes next week.
The blue-chip Dow futures declined 0.13%, the S&P 500 futures tumbled 0.05%, and the tech-heavy Nasdaq 100 futures sagged 0.13%.
With no key economic reports set for publication on Friday, investors paid attention to the ongoing flow of quarterly earnings, especially the outcomes of three Dow Jones components.
Visa Inc looked braced for leading the blue-chip index higher because equities reported profits of almost 2% in pre-market trade Friday right after the credit card company raised its earnings forecast because revenues beat estimates.
On Thursday, American equities headed south due to the fact that gloomy earnings reports from industrials backed fears about soaring expenses as well as the impact of levies, contributing to worries over higher borrowing costs after hawkish remarks from…
On Wednesday, American equities lost in their value in rather a choppy trading session, unable to proceed with their surge from the previous trading marathon because IBM snapped a run of firm blue-chips profits and gloomy housing data suppressed Home…
On Tuesday, American equities surged after the close because profits in the Healthcare, Technology as well as Consumer Services sectors backed stocks…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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