Wall Street Looks Headed For Mixed Start

RTTNews | 867 dias atrás

(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.

Singapore Bourse May Give Up Support At 4,200 Points

The Singapore stock market has finished lower in two straight sessions, slipping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,230-point plateau and it may extend its losses on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 23 minutos atrás

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in five straight sessions, collecting more than 35 points or 2.4 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,560-point plateau although it's due for consolidation on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 53 minutos atrás

Win Streak May End For Japan Stock Market

Ahead of Monday's holiday for Mountain Day, the Japan stock market had moved higher in four consecutive sessions, advancing more than 1,580 points or 3.8 percent along the way. The Nikkei 225 now sits just above the 41,820-point plateau although investors are likely to lock in gains on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red. The Nikkei finished sharply higher on Friday with gains cross the board, especially among the finance, automobile and technology sectors. For the day, the index surged 761.38 points or 1.85 percent to finish at 41,820.48 after trading between 41,248.05 and 42,033.92. Among the actives, Nissan Motor accelerated 2.75 percent, while Mazda Motor spiked 4.91 percent, Toyota Motor jumped 3.47 percent, Honda Motor rallied 3.95 percent, Softbank Group skyrocketed 10.39 percent, Mitsubishi UFJ Financial collected 0.64 percent, Mizuho Financial advanced 1.02 percent, Sumitomo Mitsui Financial added 0.71 percent, Mitsubishi Electric fell 0.28 percent, Sony Group soared 3.50 percent, Panasonic Holdings climbed 1.16 percent and Hitachi rose 0.50 percent. The lead from Wall Street is negative as the major averages opened mixed on Monday, rallied midday but then slumped in the afternoon and finished under water.

RTTNews | 1 h 8 min atrás

Continued Consolidation Called For South Korea Shares

The South Korea stock market has finished lower in back-to-back sessions, sinking more than 20 points or 0.6 percent along the way. The KOSPI now sits just above the 3,200-point plateau and it may take further damage again on Tuesday. The global forecast for the Asian markets is soft ahead of key U.S. inflation data. The European markets were mixed and the U.S. bourses were down and the Asian markets also figure to track into the red.

RTTNews | 1 h 23 min atrás

Australia Interest Rate Decision On Tap For Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting this morning and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is expected lower its benchmark lending rate by 25 basis points, to 3.60 percent from 3.85 percent.

RTTNews | 2 h 23 min atrás

U.S. Dollar Firms Against Majors

The U.S. dollar strengthened against its major counterparts in the New York session on Monday.

RTTNews | 3 h 46 min atrás

Swiss Market Fails To Hold Early Gains, Ends Just Slightly Up

Despite opening on a firm note, the Switzerland market paring gains and even slipped into negative territory in late afternoon trades on Monday, but managed to end the day's session slightly up.

RTTNews | 6 h 38 min atrás

European Stocks Close On Mixed Note After Cautious Session

European stocks turned in a mixed performance on Monday after a cautious session as investors looked ahead to upcoming talks between the U.S. and Russia on the Ukraine war issue, and the ongoing tariff negotiations between the U.S. and China, as well as some crucial economic data, including a report on consumer price inflation in the world's largest economy.

RTTNews | 7 h 3 min atrás

EURUSD	1.16139	GBPUSD	1.34311	AUDUSD	0.65189
USDJPY	148.347	USDCAD	1.37755	USDCHF	0.81201