EUR/USD 1.16053
-0.059%
Gold 4069.29
1.443%
Oil 59.395
1.605%
USD/JPY 152.206
0.404%
GBP/USD 1.33368
-0.094%
GBP/JPY 202.997
0.308%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The three major U.S. stock index futures rose, with Nasdaq 100 futures up 2%, Dow futures up 1.05%, and S&P 500 futures up 1.5%.Futures data from October 13th indicated that international oil prices fell 4% last Friday, driven by a de-escalation in the Gaza situation and signs that Trump was escalating the Sino-US trade dispute. The continued stalemate in Eastern Europe and persistent supply concerns stemming from the Iranian nuclear issue are currently supporting the oil market. However, the escalating trade dispute has heightened economic concerns, and the prospect of oversupply is also weighing on the market. This combination of bullish and bearish news suggests continued volatility in the short term, with downside risks in the medium to long term.Germanys DAX30 index opened up 129.20 points, or 0.53%, at 24,396.00 points on October 13 (Monday); Britains FTSE 100 index opened up 15.03 points, or 0.16%, at 9,442.50 points on October 13 (Monday); Frances CAC40 index opened up 48.97 points, or 0.62%, at 7,966.97 points on October 13 (Monday); Europes The STOXX 50 index opened up 41.83 points, or 0.76%, at 5,573.15 points on Monday, October 13; the Spanish IBEX 35 index opened up 91.00 points, or 0.59%, at 15,577.20 points on Monday, October 13; and the Italian FTSE MIB index opened up 261.50 points, or 0.62%, at 42,309.00 points on Monday, October 13.European stocks rose across the board at the opening, with the Euro Stoxx 50 index up 0.74%, the German DAX index up 0.58%, the UKs FTSE 100 index up 0.15% and the French CAC40 index up 0.58%.Saudi payments and shopping app unicorn Tabby will use Nvidia (NVDA.O) HGX systems to securely host and train its artificial intelligence models.

Increases in Dow Futures and Inflation Concerns

Charlie Brooks

Jul 15, 2022 10:28

7.png


Futures for U.S. equities were trading higher on Thursday evening, as key benchmark averages ended the regular session in a mixed way amid stronger-than-expected producer price data and disappointing profit reports from major banking institutions.


Dow Jones Futures increased 0.2 percent by 7:00 p.m. ET (11:00 p.m. GMT), while S&P 500 Futures and Nasdaq 100 Futures both rose 0.3 percent.


In extended trading, Pinterest Inc (NYSE:PINS) shares surged 15.8 percent following a Wall Street Journal article revealed Elliott Management's 9 percent stake.


Prior to the end of the day, investors will focus on June's retail sales, import and export prices, the June industrial production report, and preliminary July consumer sentiment data. Wells Fargo & Company (NYSE:WFC) and Citigroup Inc (NYSE:C) are expected to deliver their quarterly earnings results in the interim.


During Thursday's usual trading day, the Dow Jones Industrial Average fell 142.6 points, or 0.5 percent, to 30,630.2, the S&P 500 fell 11.4 points, or 0.3 percent, to 3,790.4, and the NASDAQ Composite increased just 3.6 points to 11,112.1.


Morgan Stanley (NYSE:MS) declined 0.4% after reporting Q2 EPS of $1.44 vs $1.57 forecasted and sales of $13.13 billion versus $13.39 forecasted.


JPMorgan Chase & Co (NYSE:JPM) fell 3.5 percent after announcing Q2 earnings per share of $2.76 compared to $2.94 forecasted and revenue of $30.72 billion compared to $31.84 forecasted.


In terms of data, producer prices increased by 11,3 percent year-over-year in June as energy prices jumped, adding to concerns of rapid rate hikes after the CPI result surpassed expectations in the previous session.


On the bond markets, the 10-Year United States interest rate was 2.958%.


Suggestion