1. Home
  2. >
  3. Business 💼
Posted

Stocks Face Losses Amid Slowing Growth and Hawkish Central Banks

  • Stock futures climbed slightly on Friday following three days of losses for major averages. The S&P 500 and Nasdaq are on track for their worst weeks since March.

  • The Bank of Japan kept rates unchanged at its latest meeting, but noted a "moderate recovery" in the economy. Japan's August inflation rate hit 3.2%, the 17th straight month above the BOJ's 2% target.

  • Japan's September flash PMI data showed the slowest expansion in private sector activity since February. Manufacturing contracted further while services softened.

  • Bullish investor sentiment in the latest AAII survey slid to a 4-month low of 31.3% while bearish views rose to 34.6%. Contrarians see this as a potential bullish signal.

  • WW shares tumbled after Oprah said she didn't take the company's weight loss drugs because she felt it was "the easy way out." The stock lost nearly 16% during the regular session.

cnbc.com
Relevant topic timeline:
U.S. stock futures rise as Wall Street attempts to build momentum following positive sessions for Nasdaq Composite and S&P 500.
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.
Dow Jones futures, S&P 500 futures, and Nasdaq futures rose modestly, with investors eagerly awaiting Nvidia's earnings report and potential impact on various tech companies and the broader market.
Nasdaq futures rally as Nvidia Corp.'s strong sales forecast and the ongoing hype around artificial intelligence boost tech stocks, with Nvidia's shares rising 7.9% in premarket trading and contracts on the Nasdaq 100 and S&P 500 signaling further gains for stocks.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, were relatively unchanged after hours ahead of Fed Chief Jerome Powell's speech at the Jackson Hole symposium. The stock market rally attempt on Thursday was disrupted as major indexes reversed lower, with AI stocks such as Nvidia, Marvell Technology, and Adobe also experiencing reversals.
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.
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.
Stock futures are down as Wall Street prepares for a wave of economic data and concludes a challenging month for equities.
S&P 500 and Nasdaq futures slipped as investors awaited data on inflation and non-farm payrolls to determine the Federal Reserve's interest rate path, while HP and Rite Aid saw declines due to trimming profit outlook and a downgrade, respectively.
Dow Jones futures rose slightly overnight, with Salesforce.com and other software companies reporting strong earnings, while the stock market rally continues with a new uptrend confirmed.
Stock futures rise as recent economic data sparks hopes that the Federal Reserve is approaching the end of its rates-hiking cycle.
Stock futures rise as investors close out a month of losses for the three major stock indexes, with positive earnings reports from MongoDB and Dell Technologies boosting sentiment.
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%.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, dipped lower after the stock market experienced significant losses due to the unexpected rise in the August ISM services index, which pushed Treasury yields and Fed rate hike odds higher.
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.
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.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, were unchanged after hours as the stock market rally experienced losses, with the S&P 500 and Nasdaq dropping below the 50-day line, while energy stocks led and software retreated. Apple stock fell after unveiling the iPhone 15 and other products, while stocks such as Salesforce, Alphabet, General Electric, Shopify, and Nvidia remained in or near buy areas. The CPI inflation report and Adobe earnings are potential market catalysts.
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.
U.S. stock futures inched up as investors anticipate the Federal Reserve's next policy decision and aim to gain insight into the central bank's stance on inflation.
Dow Jones futures, as well as S&P 500 futures and Nasdaq futures, dropped after the Federal Reserve meeting, with the stock market retreating and breaking below critical levels due to the Fed's decision to stick with forecasts for one more rate hike this year and hinted that rates would stay higher for longer.
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 decline as Wall Street prepares for the last week of September amidst a drop in the S&P 500 and Nasdaq Composite.
Dow Jones futures, S&P 500 futures, and Nasdaq futures rose slightly after hours, while the stock market correction continued as major indexes hit new lows and Amazon faced an antitrust lawsuit, leading to stocks like Amazon, Google, Microsoft, and Apple losing ground.
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.
Stock futures are flat following a tough session that dragged the Dow Jones Industrial Average into negative territory for 2023, with losses driven by concerns over strong job openings data and rising bond yields.
Stock futures decline after the S&P 500's strong performance, with Rivian, Tesla, Clorox, BlackBerry, and Exxon among the top movers.
Stock futures rose on Friday as investors awaited the release of the monthly US jobs report, which could influence the Federal Reserve's decision on interest rates.
Dow Jones futures and S&P 500 futures rose slightly, while Nasdaq futures also saw a slight increase; notable earnings movers included Super Micro Computer, Celsius Holdings, and Upstart Holdings.
Dow Jones, S&P 500, and Nasdaq futures rose slightly as the stock market rally recovered from morning lows, while the CPI inflation report and earnings reports from companies like Delta Air Lines are expected to impact market performance.
Dow Jones futures, S&P 500 futures, and Nasdaq futures were relatively stable overnight, but the stock market rally retreated due to rising Treasury yields and a poorly received Treasury auction.
Dow Jones futures rose slightly while S&P 500 futures and Nasdaq futures fell; Treasury yields retreated and crude oil spiked as U.S. sanctions on Russian crude sales tightened; UnitedHealth, JPMorgan Chase, Wells Fargo, Citigroup, PNC Financial Services, and BlackRock reported their earnings; the stock market rally retreated after an inflation report and a poorly received Treasury auction; Apple and Microsoft stocks edged higher while Google and Meta Platforms fell; Dow Jones futures rose slightly; the 10-year Treasury bond yield fell; the stock market rally struggled at key levels; growth ETFs slumped; megacap stocks like Apple, Microsoft, Google, Meta, Nvidia, Amazon, and Tesla were down a fraction; investors should be cautious and ready to reduce or exit positions if necessary.
Dow Jones, S&P 500, and Nasdaq futures remained steady, with stocks rebounding off lows despite tightening U.S. restrictions on AI chip exports to China and surging Treasury yields; Tesla and several other stocks are on the watchlist as they approach buy points.
Dow Jones futures, S&P 500 futures, and Nasdaq futures all fell slightly after hours, with the stock market rally initially sliding due to tighter U.S. restrictions on AI chip exports, but rebounding off lows to close mixed and led by small caps despite surging Treasury yields; stocks to watch include Fair Isaac, Super Micro Computer, Woodward, DraftKings, and Arista Networks.
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, rose slightly after hours despite weak earnings and guidance dampening the stock market rally, with Tesla missing earnings views but reporting that Cybertruck deliveries will begin next month and Netflix surging on better-than-expected earnings and subscriber growth.
Dow Jones and S&P 500 futures dipped while Nasdaq futures rose slightly, Tesla stock plummeted due to weak earnings and warnings from Elon Musk, and Netflix surged on strong subscriber growth and price hikes.