Stock market opens flat, but fights to bounce back after rising rates rattle Wall Street

U.S. stocks opened little changed to slightly higher on Wednesday as investors wrestled with rising rates, with bond yields holding at multiyear peaks after surging on Tuesday on brisker-than-expected retails sales and manufacturing.

The Dow Jones Industrial Average was trading flat, up less than 0.1% at 24,711 after halting an eight session rally Tuesday as investors were spooked by the climb in the 10-year Treasury note to the highest level since 2011 above 3% on Tuesday. on Wednesday rates mostly held their ground as investors digested the recent moves in government paper.

The S&P 500 index advanced slightly, picking up 0.1% at 2,714, while the Nasdaq Composite Index rose about 0.1% to 7,358.

Source: marketwatch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

U.S. Stocks Poised For Mild Bounce, With Tesla in Focus

Wall Street stocks looked headed for a mild bounce at the open Thursday, as investors continued to decipher the Federal ReserveA?a��a�?s policy signals and braced for another batch of corporate earnings.

Likely to see action are shares of Tesla Inc., Square Inc. and other companies that released results after hours on Wednesday, while DowDuPont Inc and KelloggA?a��a�?s are on the earnings list early today.

Updates on weekly jobless claims and nonmanufacturing activity are the key economic data ahead, in the runup to the closely watched monthly jobs report Friday.

Dow Jones Industrial Average futures were up 39 points, up 0.2%, to 23,860, while S&P 500 futures were up 4.3 points, or 0.2%, to 2,631.75. Nasdaq-100 futures turned higher, rising 8 points, 0.1%, to 6,641.50.

The major U.S. equity indexes fell Wednesday after the Federal Open Market Committee signalled few policy changes. The Dow Jones Industrial Average closed 174.07 points, or 0.7%, lower at 23,924.98. The S&P 500 index lost 0.7% to 2,635.67, while the Nasdaq Composite Index declined 0.4% to 7,100.90.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

U.S. stocks bounce back as trade tensions ebb

U.S. stocks ended sharply higher on Tuesday after China President Xi Jinping’s comments helped to ease fears that a trade war would break out between the world’s two largest economies.

The Dow Jones Industrial Average advanced around 427 points, or 1.8%, to finish near 24,406, according to preliminary data. The S&P 500 picked up 44 points, or 1.7%, to 2,657. The Nasdaq Composite Index added 144 points, or 2.1%, to 7,094.

Benchmark equity indexes booked their fifth positive session of the past six. As part of a broad-based rally, ten of the 11 S&P 500 sectors posted gains.

Source : Market Watch

PT Bestprofit Futures – MARKET
Sumber : bpfnews.com

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