Global stock markets and Wall Street futures are rising as traders await signals on interest rate plans from the Federal Reserve conference, with investors hoping that the Fed officials will signal an end to interest rate hikes despite concerns about inflation not being fully under control yet.
US stock futures are higher as Treasury yields back up slightly after reaching a 16-year high, with the Dow and S&P 500 both up and Nasdaq futures leading with over 0.7% as investors await results from Nvidia and a speech from Fed Chair Jay Powell.
Gold and silver prices rise as the weaker U.S. dollar index and dip in U.S. Treasury yields attract futures traders and bargain hunters, while anxieties build over upcoming speeches from the Fed and ECB on future monetary policy direction and the potential shift in the Fed's inflation goal.
Oil prices edge higher in an uncertain market as US crude futures rise 0.1% to $78.94 a barrel, despite a 2% drop for the week, due to production cuts by major oil producers and a mixed US economy.
Oil futures rose to a one-week high due to a surge in U.S. diesel prices, a decrease in oil rigs, and a fire at a Louisiana refinery, despite weak economic data and a stronger dollar.
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were higher ahead of Tuesday's open as the stock market rally attempt continues, with upcoming earnings reports and economic data in focus.
U.S. stock futures edge lower as investors analyze weaker job opening data and anticipate additional labor market figures, while Nvidia shares reach a record high and Bitcoin surges after a court ruling on an exchange-traded fund.
Stock futures rise as recent economic data sparks hopes that the Federal Reserve is approaching the end of its rates-hiking cycle.
Wall Street rises ahead of new inflation and jobs data that could impact Federal Reserve's policy decisions, as futures for the Dow Jones and S&P 500 increase, while Dollar General falls 16% and software company Salesforce rallies 6% in premarket.
U.S. stock futures are mixed as investors await economic data and assess the possibility of the Federal Reserve ending its interest rate hiking campaign, while Chinese manufacturing contracts, increasing pressure for stronger economic support from Beijing.
The US dollar's influence in the oil markets is diminishing as more oil is being transacted in non-dollar currencies, according to JPMorgan.
Oil prices jumped over 2.5% after OPEC+ members extended supply reductions, with Brent International topping $90 per barrel and West Texas Intermediate hovering above $87 per barrel, as Saudi Arabia announced an extension of its production cut and Russia reduced its exports. Despite slow recovery and increased production, crude futures have rallied more than 25% since late June, with experts predicting prices to continue rising unless a recession occurs. China's demand for petrochemicals has been dampened, but their mobility demand post-lockdowns has offset this.
Stock futures decline as higher oil prices and rising bond yields grab investors' attention, with Zscaler, GitLab, Asana, and more stocks experiencing significant movement.
Rising WTI crude oil prices are raising concerns about higher inflation, which the Federal Reserve is trying to avoid, according to Moody's Analytics Chief Economist Mark Zandi.
Stock index futures were slightly lower on Wednesday due to concerns about oil prices at a 10-month high, with S&P futures and Dow futures down 0.2% each and Nasdaq 100 futures down 0.3%.
Renewed concern over the Federal Reserve's interest rate policy and the potential for another hike this year has led to lower S&P 500 futures and Nasdaq 100 futures, while Dow Jones Industrial Average futures are slightly up.
Oil prices edged higher on Thursday as markets refocused on expectations of tight crude supply for the rest of 2023, following the extension of oil output cuts by Saudi Arabia and Russia and the International Energy Agency's forecast of a substantial market deficit through the fourth quarter.
US crude oil prices have surged and the futures strip has moved into a sharp backwardation as inventories have drained away from the NYMEX delivery point at Cushing in Oklahoma, but this may be exaggerating the tightness of supplies across the rest of the country and the world.
Treasury yields rise and stocks fall as traders anticipate longer-lasting higher rates to prevent inflation, while Brent oil briefly surpasses $95 a barrel; the Federal Reserve's decision on interest rates is eagerly awaited by investors.
Asian stocks struggle as surging oil prices contribute to inflation and the possibility of higher interest rates, while Brent crude futures remain high and 10-year US Treasury yields reach 16-year highs.
US stock futures rise as investors await Fed decision on rates; US debt rises to $33 trillion as government shutdown looms; Federal Reserve expected to pause rate hikes; Impact of government shutdown, autoworkers strike, and rising oil prices on the economy; Biden reshapes the Federal Reserve.
Crude oil prices rose as inventories declined and demand from Asia and Europe decreased, threatening higher gas prices in the US and potentially impacting the Federal Reserve's interest rate decisions.
Stock futures traded lower as the Federal Reserve held interest rates steady but hinted at the possibility of a rate hike later this year.
Stock futures in the US edged higher after a sell-off triggered by the Federal Reserve's indication of higher interest rates, with the S&P 500 on track for a rebound after its worst day since March.
European markets are set to open lower as investors consider recent central bank decisions and the possibility of higher interest rates, while U.S. stock futures show a slight increase following substantial losses this month.
Oil traders have been heavily buying crude and fuel futures over the past four weeks, leading to a ratio of bullish to bearish bets on oil and fuels of almost 8:1, indicating that oil prices may be due for a correction.
Stock futures are falling as oil prices surge and the yield on the 10-year Treasury remains near levels last seen in 2007.
Stock futures open slightly higher as investors prepare to end a challenging September, with the S&P 500 set to finish the month down 4.6% and the Dow down 3%.
Stock futures are rising as investors await a new measure of U.S. inflation after the worst month of the year for equities.
U.S. stock futures slide in Asia as conflict in the Middle East boosts oil and Treasuries and the September U.S. jobs report raises the stakes for inflation figures later this week.
Bitcoin futures prices are lower in early U.S. trading, but the bulls still have the advantage and are keeping the price uptrend alive.
Oil futures are being watched closely as Western leaders and diplomats warn Iran against getting involved in the Israel-Hamas conflict, which has the potential to lead to a ground invasion of Gaza, causing volatility in the energy markets and prompting investors to trade options and seek classic hedges such as gold and Treasuries.
Bitcoin futures prices are higher in early U.S. trading, with bulls and bears on a level playing field and the next direction of trend to be determined by a breakout above the resistance line or below the support line.
U.S. stock futures are trading lower today, with investor focus on Johnson & Johnson's earnings report, NetScout Systems' weak results, Bank of America's earnings release, 22nd Century Group's proposed public offering, and Goldman Sachs' quarterly earnings.
