Morning Brief

Headline News: U.S. stock futures are higher to start the week as the S&P 500 looks set to open at another new all-time high. Growing optimism about interest rates remaining low for longer the expected has investors in a bullish mood. Meanwhile, Chevron Corp(CVX), Occidental Petroleum Corp(OXY), and Exxon Mobile(XOM) were all higher by 1%… Read More

Morning Brief

Headline News: U.S. stock futures are lower after the April nonfarm payroll report came in lower than expected. The Labor Department said payrolls only increased by 266,000, much lower than the one million economists had predicted. The unemployment rate rose to 6.1%. Following the report’s release, the 10-year Treasury yield dropped by five basis points… Read More

Morning Brief

Headline News: Wall Street is set for a higher open after a better-than-expected report on last week’s jobless claims. Initial claims for state unemployment benefits totaled 498,000 for the week ended May 1 compared to 590,000 the prior week. That was the lowest level since March of 2020, when mandatory shutdowns of nonessential business were… Read More

Morning Brief

Headline News: U.S. stock futures are set for a higher open as investors appear to be buying the dips with megacap stocks. Apple(AAPL), Facebook(FB), and Alphabet Inc(GOOGL) were all higher in pre-market trading. Meanwhile, Treasury Secretary Janet Yellen said she sees no inflation problem brewing for the U.S economy. Investors will also be watching the… Read More

Morning Brief

Headline News: U.S. stock futures are lower as investors continue to move out of mega-cap stocks with high valuations. The rotation appears to be into stocks that will benefit from the reopening of the U.S. economy. Also, the “pandemic winners” stocks appear to be falling out of favor, dragging markets lower to start the day.… Read More

Morning Brief

Headline News: Wall Street is set for a higher open after a good week of corporate earnings showed continued growth in S&P 500 companies. More than half of the 500 companies have reported, and the profits have risen 46%, according to IBES data from Refinitiv. So far, improving economic data, strong corporate earnings, fiscal stimulus,… Read More

Morning Brief

Headline News: U.S. stock futures are substantially higher after the release of the first-quarter GDP. Gross Domestic Product, the sum of all goods and services produced in the U.S., rose to 6.4%. Consumers, who account for 68.2% of the economy, increased spending by 10.7%, and durable good spending jumped 41.4%. The report shows an expanding… Read More

Morning Brief

Headline News: U.S. stock futures are lower after a mixed bag of results from large tech companies. Microsoft (MSFT) met quarterly sales expectations and beat profit estimates, but the stock was lower by 2% in pre-market trading. Alphabet Inc (GOOGL) reported a record profit and a $50 billion share buyback program, which had the stock… Read More

Morning Brief

Headline News: Wall Street is set for a muted open as investors await earnings from Microsoft (MSF) and Alphabet Inc. (GOOGL) after the close today. Meanwhile, the Nasdaq completed a full recovery from an 11% correction back in February. The recent increase in major equity indexes has been due to increased vaccine rollouts and historical… Read More

Morning Brief

Headline News: U.S. stock futures were higher as investors continued to evaluate earnings from major S&P 500 companies. Tesla (TSLA) is one of the companies that will release results after the closing bell today. Meanwhile, Apple (AAPL) announced plans to invest $1 billion on a new campus in Raleigh, North Carolina, and they will employ… Read More

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