Traders are moving cautiously, with U.S. stock index futures essentially flat, as investors await the start of “earnings season” next week. On Monday, major American aluminium producer Alcoa will report its quarterly results, kicking off several weeks of key reports from major companies. Futures on the S&P 500 were up by 5 points at 1,072,… Read more.
The Chicago Board Options Exchange claimed victory in its legal battle with the International Securities Exchange, as a court in Illinois ruled that it held exclusive trading rights for Dow Jones Industrial Average and S&P 500 options. The CBOE holds contracts from the owners of both indexes, giving it an exclusive right to list or… Read more.
Futures on the three major U.S. stock indexes rose on Thursday morning, with investors feeling positive after some minor good news in the job markets. Dow Jones Industrial Average futures rose 35 points to 10,015, while S&P 500 futures climbed 3.6 points to 1,062.90 and Nasdaq 100 futures increased 6.5 points to 1,796. On the… Read more.
A strong day of trading bolstered the the major indexes, extending a two-day rally in U.S. equity markets. The S&P 500 gained 3.13 percent to close at 1,060.27, its best result since May. The Dow Jones Industrial Average gained 274.66 points to close at 10,018.30, bringing it back above the psychologically important 10,000 point line.… Read more.
After a grim week of trading leading up to the July 4 weekend, stocks opened on a positive note Tuesday morning, with futures on the Dow Jones Industrial Average gaining 164 points to 9,760 by 10 a.m. EST. S&P 500 futures gained 19.20 points to 1,033.50, while the Nasdaq 100 gained 32.75 points to 1,754.… Read more.
U.S. stock index futures trended moderately upwards on Friday morning, while data from the Labor Department showed a decrease of 125,000 jobs in payrolls across the nation. Most of the decrease came from 225,000 temporary workers ending their work on the 2010 census, a phenomenon which is likely to continue piecemeal through the rest of… Read more.
Futures on the three major indices fell again after a devastating day of trading yesterday that saw the S&P 500 sink to an 8-month low and the Dow Jones Industrial average slump below 10,000. Job growth remained weak in the U.S., with companies adding only 13,000 jobs in June according to ADP Employer Services. A… Read more.
Traders registered their nervousness about the direction of the global economy on Tuesday morning, as U.S. stock futures extended the downward trend of the past week. The Conference Board, an independent business research association, revised its figures on China’s Leading Economic Index to show a slowing pace of economic expansion. “There is no strong basis… Read more.
Stock futures took a hit Friday due to disappointing news on the nation’s unemployment front. According to the Department of Labor, employers added 431,000 jobs in May. However, the large majority of those jobs were temporary U.S. census positions. Otherwise, the net job gain from the private sector was only 41,000. On Friday afternoon, the… Read more.
In a potentially significant development for investors in currency futures, China has indicated that it plans to hold on to its bond holdings from the euro zone. The euro has had a difficult couple of weeks brought on by the region’s sovereign debt crisis and concern about whether the continent’s leaders will be able to… Read more.