1. Home
  2. >
  3. Business đź’Ľ
Posted

Stocks Flat as September Slump Nears End, Fed Signals Future Rate Hikes

  • Stock futures hovered near the flat line Monday evening after the S&P 500 and Nasdaq snapped four-day losing streaks.

  • Stocks are still on pace to end September lower during a historically weak month for equities.

  • The Federal Reserve's latest guidance signals higher interest rates and fewer cuts in 2024 than expected.

  • Lawmakers hope to avert a government shutdown by Oct. 1 if Congress doesn't agree on a spending bill.

  • While October is volatile, it's also known as a "bear killer" and offers buying opportunities before the seasonally strong November/December period.

cnbc.com
Relevant topic timeline:
Dow Jones futures were relatively stable ahead of the opening on Tuesday, with Nvidia and Tesla experiencing significant increases, providing a boost to the new stock market rally attempt.
Dow Jones futures, S&P 500 futures, and Nasdaq futures are set to open on Sunday evening, with the stock market experiencing a mixed week as major indexes suffered reversals despite strong earnings from Nvidia, leading to caution for investors in the current environment.
Stock futures opened higher to start the final trading week of August, following positive remarks from Federal Reserve Chair Jerome Powell and the expectation of a cautious approach to interest rate hikes.
Stock futures are slightly higher as the S&P 500 comes off a winning week, with 3M, Jabil, XPeng, Alibaba, Nvidia, and more stocks moving the most today.
Stock futures remain near flat as August proves to be a challenging month for the market, with the Dow on pace to finish 2.8% lower and the S&P 500 and Nasdaq set for losses of 3.4% and 4.5% respectively.
Stock futures are down as Wall Street prepares for a wave of economic data and concludes a challenging month for equities.
U.S. futures are up on the first trading day of September, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all showing gains, while the recent data suggests that the U.S. labor market is cooling down and the Fed may pause the rate hike cycle in September.
Dow Jones futures and other major indices are set to open on Sunday evening, with the stock market rally experiencing a strong week and the Magnificent Seven stocks living up to their title.
Stock futures are mixed as the market aims to maintain momentum in the holiday-shortened week, following an upbeat week for Wall Street with the Dow and Nasdaq registering their best performances since July.
Wall Street stocks opened lower as traders grappled with concerns over China's struggling economy and climbing Treasury yields, with the S&P 500 and Dow Jones slightly down and the Nasdaq Composite slipping, while the focus remains on the Federal Reserve and seasonal market forces.
Stock futures fell on Wednesday, with the S&P 500 and Dow Jones Industrial Average futures down 0.2% and 39 points respectively, following losses in the previous session, while Nasdaq-100 futures dropped 0.33%.
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%.
Stocks opened higher on Friday, with the Nasdaq rebounding from Apple's slide, following hints that the Federal Reserve may delay interest rate hikes in September.
Dow Jones futures rose alongside S&P 500 futures and Nasdaq futures, with Tesla receiving an upgrade and price target hike, and Apple, Oracle, and Adobe having major news ahead. The stock market rally is under pressure, but there could be a change soon.
Stock futures are pointing slightly higher after the S&P 500 closed up, with Ford, GM, Nvidia, HP Inc., and Semtech among the stocks moving the most.
The Dow Jones futures, along with S&P 500 futures and Nasdaq futures, will open Sunday evening, with the Federal Reserve meeting expected to impact the stock market.
Stock futures are showing little change as investors await the outcome of the Federal Open Market Committee meeting.
Stocks closed relatively unchanged on Monday as investors await the upcoming Federal Reserve meeting, which will determine the central bank's next interest rate decision, amidst easing core inflation and a cooling labor market.
Stock futures opened flat as investors analyzed the Federal Reserve's projections, while FedEx shares gained 5% after beating earnings expectations and KB Home fell 2% despite exceeding Wall Street's forecasts.
Stock futures traded lower as the Federal Reserve held interest rates steady but hinted at the possibility of a rate hike later this year.
Summary: Dow Jones futures, S&P 500 futures, and Nasdaq futures all rose overnight, while the stock market correction continued with heavy losses as the 10-year Treasury yields surged, leading to the S&P 500 undercutting its August lows and the Nasdaq and Dow Jones coming close to doing the same.
Stock futures decline as Wall Street prepares for the last week of September amidst a drop in the S&P 500 and Nasdaq Composite.
Stocks closed mixed on Wednesday, with the S&P 500 barely in the green, as investors continue to digest the implications of the Federal Reserve's higher for longer stance on interest rates. The Dow Jones Industrial Average dropped 0.2% and the Nasdaq Composite gained 0.2%. Meanwhile, oil prices hit fresh 2023 highs, and the possibility of a US government shutdown remains a concern.
U.S. stock futures remain steady as Wall Street faces a slump in September; Micron shares fall after wider-than-expected loss forecast; Meta Platforms unveils new AI-powered products; Evergrande share trading suspended; Oil prices dip after surge in crude stock.
Stock futures are rising as investors await a new measure of U.S. inflation after the worst month of the year for equities.
Dow Jones futures are expected to open Sunday night, with a likely government shutdown looming this weekend and the House rejecting a stopgap spending bill, while Tesla deliveries and the stock market rally attempt continue to shape market trends.
Stock futures open higher after lawmakers avert government shutdown, providing a boost to markets and allowing more time for funding proposals to be finalized.
Stock futures decline after the S&P 500's strong performance, with Rivian, Tesla, Clorox, BlackBerry, and Exxon among the top movers.
Stocks on Wall Street opened lower after the US jobs report exceeded expectations, raising concerns that the Federal Reserve may raise interest rates; the Dow Jones was down 0.3%, the S&P 500 lost 0.4%, and the Nasdaq Composite dropped 0.5%.
Dow Jones futures rose slightly before the open as the September jobs report is expected to show a gain of 160,000 jobs and a decrease in the unemployment rate to 3.7%, while Tesla, Exxon Mobil, and Taiwan Semiconductor were in focus before the open.
Stocks opened lower on Monday due to the Middle East conflict and concerns about interest rates and inflation, with the Dow Jones Industrial Average down 0.2%, the S&P 500 down 0.5%, and the Nasdaq Composite down almost 1%.
US stocks are expected to open higher as investors await inflation data and Federal Reserve minutes to gain insight into interest rate thinking, with Dow Jones Industrial Average futures up 0.2% and S&P 500 futures rising 0.2%.
Stocks pointed to a mostly higher open on Monday as investors monitored the Israel-Hamas conflict and prepared for a busy week of corporate earnings, with futures on the Dow Jones Industrial Average rising 0.4% and S&P 500 futures adding 0.2%.
The Dow Jones futures and other major indices were little changed ahead of Tuesday's open, with upcoming earnings reports from Netflix, Tesla, Bank of America, Goldman Sachs, Johnson & Johnson, and Lockheed Martin, along with retail sales results for September, being key focus points for the week.
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.
Stocks opened lower on Tuesday, with the Dow Jones Industrial Average falling about 0.4%, as retail sales data exceeded expectations and earnings season continued.
Stocks opened lower on Wednesday as rising Middle East tensions and lackluster earnings from Morgan Stanley weighed on investor sentiment. The Dow Jones Industrial Average fell over 0.2%, while the S&P 500 dropped nearly 0.5% and the Nasdaq Composite slipped 0.3%.