By Rich McKay (Reuters) – Nearly a week of torrential rainfall appeared to be winding down in South Florida on Friday after a slow-moving weather system dumped more than two feet (0.6 meters) of precipitation in the Everglades and a foot or more in parts of populous Miami-Dade County. With the storm pushing out to […]
Tag: Await
S&P 500 closes at a record high as investors await the latest Fed decision, May CPI
Michael Nagle/Getty The S&P 500 and Nasdaq notched new highs Tuesday as investors geared up for the Fed’s policy decision. Markets are also awaiting Wednesday’s CPI data. Shares of Apple soared as much as 7% as Wall Street cheered its WWDC event. US stocks were mostly higher Tuesday, with the S&P 500 and Nasdaq hitting […]
Futures fall as markets await Fed decision, CPI data
(Reuters) – U.S. stock index futures edged lower on Tuesday, set for a muted session as investors looked ahead to crucial inflation data and a policy announcement from the Federal Reserve on Wednesday. The S&P 500 and the Nasdaq posted record closing highs on Monday in a choppy session, boosted by shares of Nvidia after […]
Dow Jones Futures Await Jobs Report; GameStop Whipsaws On Offering After ‘Roaring Kitty’ Surge
Dow Jones futures tilted lower early Friday, along with S&P 500 futures and Nasdaq futures, with the May jobs report due early Friday. GameStop is in focus amid big news and wild stock action. The stock market rally showed relatively quiet action Thursday after the Nasdaq and S&P 500 ran to record highs in the […]
Palm Desert carjacking, armed robbery suspects await word on charges
Two men were in custody Tuesday awaiting word on possible criminal charges in connection with an alleged back-to-back armed robbery and carjacking. Thermal resident Vincent Caballero, 20, and Indio resident David Bustos, 25, were arrested Monday by deputies from the Palm Desert Sheriff’s Station. Caballero was booked on suspicion of carjacking, robbery and assault with […]
Dow Jones Futures Await Key Economic Data; Elon Musk Diverts AI Chips From Tesla; Nvidia Lacks Coattails
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. CrowdStrike (CRWD) and Hewlett Packard Enterprise (HPE) headlined earnings late. X The ISM services index is on tap Wednesday morning as markets fear that U.S. and global economic growth is slowing too much. The stock market rally had a mixed session […]
Gold subdued as US dollar, yields firm; traders await inflation data
By Sherin Elizabeth Varghese (Reuters) – Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which could offer more clarity on the Federal Reserve’s interest rate trajectory. Spot gold eased 0.2% to $2,356.92 per ounce as of 0334 GMT. Prices had hit an all-time […]
Futures inch up as markets await inflation data
(Reuters) – U.S. stock index futures ticked higher on Tuesday after a holiday-extended weekend, as investors awaited a key inflation report later in the week that could test expectations of the Federal Reserve’s monetary policy outlook. The tech-heavy Nasdaq and the benchmark S&P 500 managed to notch their fifth-straight week of gains on Friday, a […]
Oil prices steady as investors await inflation data, OPEC+ meeting
By Yuka Obayashi TOKYO (Reuters) – Oil prices were steady in early Asian trading on Tuesday as investors awaited inflation data to assess future U.S. monetary policy and the production policy decisions from the OPEC+ meeting on June 2. The Brent crude July contract dropped 3 cents to $83.07 a barrel by 0038 GMT. The […]
Dollar ebbs as markets await key global inflation reports
By Rae Wee SINGAPORE (Reuters) – The dollar waned on Tuesday following a slight pick up in risk appetite, but it held tight ranges against its peers ahead of key inflation data from major economies this week that markets are looking to for guidance on the global interest rate outlook. Currency moves were largely subdued […]
China Stocks Eye Gains; Traders Await CPI Reports: Markets Wrap
(Bloomberg) — China-related equities were poised for further gains on Tuesday, while other Asian stocks look muted ahead of a swath of global inflation prints expected to influence monetary policy. Most Read from Bloomberg Equity futures point to Hong Kong’s benchmark gaining more than 1% and Shanghai stocks also rising. Japan and Australian bourses are […]
Nasdaq slips after record as investors await Nvidia earnings
US stocks opened mixed on Tuesday, as investors biding their time for Nvidia (NVDA) results looked to retail earnings and Fedspeak for clues to the economy. The benchmark S&P 500 (^GSPC) slipped about 0.1% while the Dow Jones Industrial Average (^DJI) hovered near the flat line. Meanwhile, the tech-heavy Nasdaq Composite (^IXIC) slipped about 0.4% […]