These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, CrowdStrike, Chewy, and More
Stock futures rise as recent economic data sparks hopes that the Federal Reserve is approaching the end of its rates-hiking cycle.
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Posted 8/31/2023, 9:15:00 AM
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The majority of economists polled by Reuters predict that the U.S. Federal Reserve will not raise interest rates again, and they expect the central bank to wait until at least the end of March before cutting them, as the probability of a recession within a year falls to its lowest level since September 2022.
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.
U.S. stock futures rise as Wall Street attempts to build momentum following positive sessions for Nasdaq Composite and S&P 500.
U.S. stock index futures rise as Treasury yields decline, with tech stocks leading the rally ahead of earnings reports and Federal Reserve Chair Jerome Powell's upcoming speech.
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.
The market anticipates a 100 basis point interest rate cut by the Federal Reserve in 2024, with US 10-year yields falling and Fed funds futures indicating a lower path ahead of the Jackson Hole symposium, as US services PMI disappoints and US retailer Foot Locker warns on the consumer.
Two Federal Reserve officials suggest that interest-rate increases may be coming to an end, but one of them believes that further hikes may still be necessary depending on inflation trends.
Stock futures indicate a slight increase as investors await Federal Reserve Chairman Jerome Powell's speech at the central bank summit in Jackson Hole, Wyo, with stocks of Affirm, Marvell, Hawaiian Electric, AMC, and Intuit showing the most movement.
Stock futures rose slightly ahead of Fed Chair Jay Powell's speech, with investors eagerly awaiting his comments on interest rates and inflation.
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.
Investors have been building up bets on the Federal Reserve announcing an end to its rate hikes, but the central bank's preferred inflation data and Chair Jerome Powell's comments suggest that the cycle may not be over yet.
Stock futures rise as investors await economic data and the monthly jobs report, while tech companies Instacart, Klaviyo, and Arm file for IPOs, China Evergrande Group's shares plummet, and meme stock Bed Bath & Beyond continues to trade despite bankruptcy.
Wharton professor Jeremy Siegel predicts that the stock market will continue to rise into the end of the year, with the S&P 500 potentially surging 25% and gaining an additional 9% if the Federal Reserve acknowledges falling inflation and refrains from further interest rate hikes.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
Stock futures waver ahead of new readings on the U.S. economy, including consumer-confidence and job-openings data, as investors keep an eye on inflation and the August employment report.
Stock futures are down as Wall Street prepares for a wave of economic data and concludes a challenging month for equities.
U.S. stock futures pause as investors await JOLTs labor market data and the upcoming jobs report, with expectations for interest rates influencing market sentiment.
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.
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.
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.
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.
Stock futures decline as investors express concerns about the Federal Reserve's potential to maintain a restrictive monetary policy due to rising inflation.
Stock futures slipped on Friday as officials hinted the Federal Reserve may keep interest rates unchanged, causing tech stocks, particularly Apple, to fall, although the company's shares stabilized after dragging down the Nasdaq.
Stock futures open flat as investors await economic data and earnings from tech companies.
U.S. stock futures rise as investors await key inflation data, consumer prices in the spotlight, Alibaba's outgoing CEO steps down as cloud unit chief, China's renminbi bounces back, and Arm eyes IPO pricing at the top of its range.
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.
The end of the Federal Reserve's rate hiking cycle could be positive for U.S. stocks, but with an uncertain economic outlook and stretched valuations, upside may be limited this time around.
Goldman Sachs predicts that the Federal Reserve will not raise interest rates at its upcoming annual meeting due to favorable inflation news and projected economic growth, but they expect a further hike later in the year.
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.
The Federal Reserve's upcoming meeting will focus on the central bank's expectations for key indicators such as interest rates, GDP, inflation, and unemployment, while many economists believe that the Fed may signal a pause in its rate-hiking cycle but maintain the possibility of future rate increases.
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.
Wall Street stocks rise as investors await the Federal Reserve's decision on interest rates, with focus on future rate projections and hints from Fed Chair Jerome Powell.
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.
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 rise slightly as certain stocks, including Ford, Activision, Alibaba, U.S. Steel, and Scholastic, show significant movement.
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.