Wall Street Looks Headed For Mixed Start

RTTNews | 868 hari yang lalu

(RTTNews) - Slightly lower index futures point to a mixed start for U.S. stocks Tuesday morning.

The Dow futures are down marginally at 32,624.00 after trading higher early on. The S&P futures and the Nasdaq futures are lower by about 0.1 percent and 0.16 percent, respectively.

The major indices ended mixed on Monday, despite seeing early upside. The Nasdq slid 0.5 percent, while the Dow and the S&P 500 climbed 0.6 percent and 0.2 percent, respectively.

Stocks surged higher early on in the session yesterday as fears of a global banking crisis eased following the latest developments in the sector.

In company news today, Walgreens Boots Alliance, Inc. (WBA) reported second-quarter earnings of $703 million, or $0.81 per share, compared with $883 million, or $1.02 per share, in last year's second quarter.

On the economic front, a reading on S&P/Case-Shiller Home Price Index for the month of January is due at 9 AM ET.

Consumer confidence reading for the month of March and the Richmond Fed Manufacturing Index reading are due out at 10 AM ET.

Asian stocks closed higher on Tuesday as concerns over the banking crisis eased and China's top leaders pledged to keep embracing foreign capital despite economic and geopolitical headwinds.

Chinese stocks underperformed after reports that the government will probe over 30 state-owned firms to weed out corruption. Some disappointing earnings updates hurt as well.

Japanese shares edged up slightly after the country's cabinet approved the use of some funds from the fiscal 2022 budget for measures to cushion the impact of inflation.

European stocks have shed early gains and are up just marginally about an hour past noon, with investors turning cautious and looking for direction.

In commodities, West Texas Intermediate crude oil futures are gaining $0.30 or 0.41 percent at 73.11 a barrel.

U.S. Small Business Confidence Improves In July - NFIB

Small business optimism in the U.S. strengthened in July after eroding in the previous month as business expectations turned positive despite a rise in uncertainty, results of a monthly survey by the National Federation of Independent Businesses showed on Tuesday.

RTTNews | 45 minit yang lalu

Swiss Market Settles Marginally Higher

The Switzerland market ended marginally up on Tuesday after a choppy ride, with investors mostly making their moves, reacting to recent earnings updates.

RTTNews | 2j 38min yang lalu

European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions

European stocks closed broadly higher on Tuesday amid easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war. Expectations of a rate cut by the Federal Reserve in September contributed as well to the positive show by most of the markets in Europe.

RTTNews | 2j 57min yang lalu

Canadian Market Modestly Higher

The Canadian market is up in positive territory around early afternoon on Tuesday, supported by gains in communications, healthcare, financials and technology sectors. Easing trade tensions, and expectations of an interest rate cut by the Federal Reserve next month appear to be aiding sentiment.

RTTNews | 3j 34min yang lalu

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.

RTTNews | 6j 58min yang lalu

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.

RTTNews | 7j 10min yang lalu

Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform

RTTNews | 7j 34min yang lalu

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday.

RTTNews | 7j 54min yang lalu

EURUSD	1.16755	GBPUSD	1.34965	AUDUSD	0.65301
USDJPY	147.829	USDCAD	1.37772	USDCHF	0.80661