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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 Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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